Tag: framework
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Multi-Capital Accounting
Multi-Capital Accounting Multi-capital accounting is an approach championed by the Capitals Coalition that provides frameworks to identify, measure, and value the contributions an organisation receives from various capitals, including natural, social, human, and financial resources. By assessing how these capitals are utilized, impacted, and interconnected, this approach helps organizations gain a comprehensive understanding of their…
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Global Reporting Initiative
Global Reporting Initiative The Global Reporting Initiative (GRI) is an international, independent organization that provides a standardized framework for companies and organizations to report on their environmental, social, and governance (ESG) impacts. The GRI Standards help organizations disclose information on issues such as resource use, emissions, labor practices, human rights, and corporate governance. By using…
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Corporate Governance
Corporate Governance Corporate governance encompasses the framework and practices governing how companies are managed and the purposes they serve. It delineates an organization’s power structure, accountability mechanisms, and decision-making processes. Essentially, it comprises a set of tools enabling management and the board to operate an organization efficiently and effectively. Key components of corporate governance include…
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Common Concern of Humankind
Common Concern of Humankind The Common Concern of Humankind (CCH) concept provides a framework for approaching global problems. Issues of common concern are those that inevitably transcend the boundaries of a single state and require collective action in response. The CCH model is particularly suited to environmental problems, which do not respect national boundaries. Addressing…