Flashcards: Foundations of Corporate Sustainability — 24 cards

CSR — definition?

Management concept integrating social and environmental concerns.

Triple Bottom Line — pillars?

Economic, social, and environmental performance balance.

Stakeholder Theory — focus?

Creating value for all affected stakeholders.

Sustainable Development — goal?

Meet present needs without harming future generations.

Responsible Management — core process?

Continuous integration of social and ecological responsibility.

Key competencies — include?

Social-ecological thinking, futures literacy, stakeholder innovation, ethical leadership.

Core of CSR?

Embedding ethical goals into business strategy.

B Corps — standards?

High social, environmental performance, accountability, transparency.

Sustainability Reporting — purpose?

Disclose ESG performance to stakeholders.

Shareholder Primacy — emphasis?

Maximize shareholder value, often short-term.

Stakeholder Interdependence — meaning?

Mutual influence between firm and stakeholders.

Nature as stakeholder — concept?

Nature’s health directly affects business sustainability.

Environmental System — components?

Living organisms, atmosphere, hydrosphere, lithosphere.

Biogeochemical Cycles — examples?

Carbon and nitrogen cycles.

Energy Systems — role?

Flow and transformation of energy in ecosystems.

Systemic approach — focus?

Holistic view of social-ecological systems.

Coupled Systems — define?

Interdependent human and environmental subsystems.

Futures Literacy — skill?

Anticipate and envision future scenarios.

Climate Change — driven by?

Increased GHGs trapping more heat.

GHGs — examples?

CO2, methane, nitrous oxide.

Life Cycle Assessment — purpose?

Evaluate environmental impacts across a product’s life.

Cradle-to-Grave — analysis?

From raw materials to disposal.

Supply Chain Sustainability — importance?

Ensures responsible practices throughout the supply chain.

Sustainability Challenges — include?

Balancing costs, quality, and sustainability demands.