Tag: company
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Materiality Assessment
Materiality assessment A materiality assessment is a process used to identify and prioritize key environmental and social issues that are most relevant to a business. These issues are critical either due to the company’s reliance on them or because of the significant impact or interaction between the business and those issues. For example, a paper…
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Active optimism
Active optimism Active optimism refers to a proactive, constructive outlook where one focuses on potential positive outcomes while taking intentional steps toward achieving them. It’s not just about having a positive attitude; active optimism involves believing in the possibility of a better future and actively working towards it by setting realistic goals, making plans, and…
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Business transformation
Business transformation Business transformation refers to a comprehensive, strategic change in an organization’s processes, structures, technology, and/or culture to improve performance, adapt to market demands, and achieve sustainable growth. It typically involves revisiting business models and operations to boost efficiency, enhance customer satisfaction, drive innovation, or address challenges like digitalization or competition. This transformation may…
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Stakeholder
Stakeholder A stakeholder is any individual, group, or organization with a direct or indirect interest in a company’s activities. They have the potential to influence, or be influenced by, the company’s actions, strategies, and policies. This includes both internal stakeholders (such as employees and shareholders) and external stakeholders (such as clients, suppliers, service providers, media,…
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Scope 1, 2, and 3 emissions
Scope 1, 2, and 3 emissions The three scopes are categories defined by the Greenhouse Gas (GHG) Protocol to help organizations measure and manage their GHG emissions. They correspond to the different types of emissions a company generates both within its own operations and throughout its wider value chain, including suppliers and customers.
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Return on Capital Employed
Return on Capital Employed Return on Capital Employed (RoCE) is a financial ratio that evaluates a company’s profitability and efficiency in using its capital. It is calculated by dividing operating profit (earnings before interest and taxes) by capital employed (total assets minus current liabilities). RoCE shows how well a company generates profits from its capital,…