ISO 26000: Are you a business owner or investor seeking to build more trust and accountability with stakeholders? Or are you looking for new ways to incorporate social responsibility into your organization’s operations? If so, then obtaining ISO 26000 certification is an essential step. This international standard offers organizational guidance on how to identify, manage, […]
Sustainability metrics can be a difficult thing to measure. In the past, people have used different methods for measuring sustainability by looking at things like carbon emissions, forest cover, and water quality. There are some new ways of measuring sustainability since the creation of the Three Pillars of Sustainability that look at economic vitality and
Natural capital is the earth’s ability to provide for our needs. It is the finite resource of ecosystem services, which includes clean air and water, fertile soil, productive oceans and forests, and all of nature’s resources that contribute to human well-being. The more we take from our natural resources without giving back, the less sustainable
If we look at the state of the world today, life seems chaotic. The pandemic has exposed inequities around the world, but times of great change are also times of great opportunity. Humans need to develop a sustainable life for all, or none will be stable. And that makes sustainability a focal point for innovation.
If you are reading this, then somehow you ended up on a search for the Environmental Performance Index. If you were looking for a unique tool that provides a comprehensive assessment of key environmental challenges, then you have found it. The Index monitors risk factors and preventive actions for 198 countries, territories, and regions by
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The Double Declining Balance Method is a depreciation formula for long-term assets, which is used to estimate the present value of future cash flows. It’s utilized by accountants and CPAs when they need to estimate the value of an asset over its useful life. This method provides a more accurate rate of depreciation than other
While there are definite differences between the two, we found it a bit confusing as well, which is why we wrote this post. But to begin with, social accounting is a method of keeping track of money and other assets according to the cultural practices and values of a certain society. On the other hand,
Your father may well have referred to you as a work in progress, but in production, a WIP can also stand for a “work in process”. Either way, it is defined as the number of units that are being worked on at a given time at a given production facility. The term refers to work
It has taken some time for the average investor to realize that sustainable investing is more beneficial than focusing on profit alone. In recent years, savvy investors have been turning to sustainable investing as a way to help society, the environment, and their bottom line. With this type of investment, you can be sure your