In: Accounting
Locate the website of any company that publishes a corporate social responsibility report (may also be referred to as a sustainability report). Describe three nonfinancial performance measures included in the report. Why do you think the company publishes this report?
Answer:
A sustainability report is a record published by an organization about the day by day operations embraced by it having the monetary ,environmental ,and social impact.The report presents the qualities and the administration model of the organization and builds up the connection between the corporate procedure and its duties towards a sustainable worldwide economy.
Coca-Cola gives a sustaniability report.Three of the measurements recorded by the organization incorporate reused materials utilized as a level of absolute packing materials used,percent of water effectiveness improved ,and no of low-calorie beverages produced to promote healthy living .The organization's sustainability motto is "our commitment to having a beneficial outcome or positive difference in the world".It suggests that it is attempting to separate itself from its rivals by giving the greatest social advantage .Therefore the organization most likely thinks its benefits are driven by its social and natural effect (if its clients feel it does beneficial things ,they will purchase from them)