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SCM 300 Exam 3 Chaturvedi Questions and Answers

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SCM 300 Exam 3 Chaturvedi Questions and Answers Sustainibility Development that meets the needs of the present without compromising the ability of future generations to meet their own needs ESG (Environmental, Social, and Governance) corporate governance and investment framework Environmental

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SCM 300 Exam 3 Chaturvedi Questions and
Answers
Sustainibility
Development that meets the needs of the present without compromising the
ability of future generations to meet their own needs
ESG (Environmental, Social, and Governance)
corporate governance and investment framework
Environmental
greenhouse gas emissions, carbon accounting, waste management, and other
environmental impacts.
Social
human rights, labor standards, workplace health and safety, employee diversity
and inclusion, and other social and community impacts.
Governance
corporate ownership structure, leadership and board diversity, decision-making
processes, corporate policies, risk management, and other aspects that balance
the rights, responsibilities, and identity of various shareholders and stakeholders
in the company.
sustainable company structures
Social Enterprises
BCorp certification
NGO
Public benefit corporation
Social enterprises
non-profit and for-profit companies
BCorp

, An organization that has successfully completed the certification put forth by the
nonprofit B Labs. Can only be for-profit organizations. Patagonia
Public Benefit Corporation
Corporations that allow for public benefit to be a charter purpose in addition to
the goal of maximizing profit for shareholders. The board of directors can make
decisions based on the company's public benefit purpose without fear of liability,
even if profit might be affected
non-governmental organization (NGO)
Non-profit, citizen-based group that functions independently of government to
serve specific social or political purposes. Save the Children
Types of NGOs
BINGO
ENGO
GONGO
INGO
QUANGO
BINGO
business friendly NGO (Red Cross)
ENGO
environmental (Greenpeace)
GONGO
government-organized non-governmental (International Union for Conservation
of Nature)
INGO
international (Oxfam)
QUANGO
quasi autonomous (International Organization for Standardization [ISO])

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