Environmental and Social Footprints | ACCA SBL | The Brain Box

Описание: In this video, we will cover the key concepts and requirements for managing environmental and social footprints for the ACCA SBL exam. We will explore the importance of internal controls, environmental management systems, and reporting in minimizing negative impacts and ensuring compliance with laws and regulations.

An environmental footprint refers to the impact that a business's activities have on the environment, including resource consumption, waste production, and pollution emissions. It is essential for organizations to assess and manage their environmental footprint to minimize negative impacts and ensure compliance with laws and regulations. Key points include inputs and outputs, the need for internal control, and the implementation of an environmental management system (EMS).

A social footprint refers to the impact that a business's activities have on people, society, and the wellbeing of communities. It includes both positive and negative impacts, such as job creation, charitable donations, and plant closures. Key points include examples of positive and negative impacts, social audits, and examples of social footprint. Understanding and managing environmental and social footprints is crucial for organizations to ensure compliance with laws and regulations, minimize negative impacts, and improve their overall performance.

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