ENV310H5 Lecture Notes - Lecture 11: Forest Stewardship Council, Rainforest Alliance, Integrated Reporting
Document Summary
In that phase where there are too many certifications, but not many are useful to the firms: stewardship council is a good one. Integrated reporting: focuses on the integration of sustainability into financial decision-making, core reliance on sustainability metrics: what drives it, regulation, marketing fix image (bp) or tell our story. Importance of intl guidelines: reporting is not meaningful unless we are comparing apples to apples, no basis of reporting unless we compare similar things, the csr list a lot more that are not on the list. Gmat avg for rottman 720. 93% of ceos believe sustainability is imp to the future success of their business. Projects broken down into 3 parts: achieved expectation, settled for dilution and sub par performance, failed to deliver producing <50% of expected results. Tim hortons vs starbucks: starbucks how many customers can i satisfy, tim hortons how many customers can i serve.
