Discuss economic-environmental impacts of their decisions


For many large companies in Australia, reporting on their progress in achieving sustainability targets is a key strategy to engage with customers and stakeholders. Sustainability reports provide a link between business strategy and its commitment to sustainability. Therefore, managers must consider the social, human rights, economic and environmental impacts of their decisions.. Consequently, managers must be more transparent and accountable. The Global Reporting Initiative (GRI) sustainability reporting framework enables large and small companies, non-profit organisations and government business enterprises worldwide to plan and assess their sustainability and report the results. The Organisation for Economic Co-operation and Development (OECD) has partnered with GRI to help multinational companies operate responsibly. Standards include: Tax Waste

• Management Approach

• Diversity and Equal Opportunity.

Water and Effluents The full list of standards is available on the GRI website

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Microeconomics: Discuss economic-environmental impacts of their decisions
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