- 20 Marks
CSME – Nov 2023 – L2 – Q2 – Sustainability and Strategic Management
Develop a sustainable development blueprint using specific environmental and social reporting frameworks.
Question
You have been appointed as a consultant to a company manufacturing microchips in Nigeria. The company’s management and board of directors want to implement a sustainable development agenda. You have been asked to develop a blueprint of financial and environmental reporting that captures the influence of the company’s activities on the physical and social environment.
Required:
a. Define the term ‘Sustainable Development’. (1 Mark)
b. Suggest frameworks for environmental and social reporting using the following:
- i. Triple Bottom Line (4 Marks)
- ii. Balanced Scorecard (BSC) (4 Marks)
- iii. Sustainability Assessment Model (SAM) (4 Marks)
c. What are the steps involved in implementing the SAM approach to measure a product’s performance over its entire life-cycle? (7 Marks)
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