Introduction to Sustainability Accounting

The video discusses the importance of the triple bottom line in business, focusing on people, planet, and profit. It highlights how sustainability can enhance financial performance, citing the Dow Jones Sustainability Index. The shift from tangible to intangible assets in companies like Facebook and Apple is explored, emphasizing the risks and opportunities from social and environmental perspectives. Stakeholder expectations for comprehensive reporting are addressed, leading to the development of international standards by organizations like the IRRC.

What does the triple bottom line in business focus on?

• Profit, Loss, and Revenue

• People, Planet, and Profit

• Assets, Liabilities, and Equity

• Growth, Stability, and Decline

Which index is mentioned as having outperformed the S&P 500 over a 12-year period?

• Dow Jones Sustainability Index

• NASDAQ Composite

• Nikkei 225

• FTSE 100

What is increasingly considered more valuable in companies like Facebook and Apple?

• Tangible assets

• Intangible assets

• Physical infrastructure

• Inventory levels

What are stakeholders increasingly concerned about in relation to companies?

• Financial audits

• Social and environmental risks

• Marketing strategies

• Product development

Which organization is working on a global framework for integrated reporting?

• World Trade Organization

• International Monetary Fund

• International Integrated Reporting Commission

• World Economic Forum