ADMN 1000H Lecture Notes - Lecture 7: Genuine Progress Indicator, Business Case, Ecological Footprint
28 Dec 2017
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Document Summary
Sustainable development: development that meets the needs of the present without compromising the ability of future generations. Development; to progress the economy and society. Tbl: sustainability reporting tool to assess the combined economic, social and environmental performance of an organization. Bene ts: improves transparency, allows exibility, aims to satisfy more stakeholders. Limitations: no measurement standards, too subjective and lack of comparability. Economic; financial statement results, revenue by sector, development costs, taxes paid, size of the organization. Social; adherence to all employment laws, business ethics, fair and equitable practices. Environment: resources deletion (water/natural resources) and greenhouse gas emissions. Nonrenewable resource: a form of energy that takes millions of years to form. Sustainable resources: a resources that can be replenished at the same rate as it is used. Electricity is the biggest energy usage in canada. Ghg results from burning fossil fuels to carry out many of our daily functions in industrialized society, such as to make electricity.
