Question

A corporate is required to publish exhibiting its sustainability plan and development in:
Bussines Responsibility report
None of the above
Both of the above
Corporate social responsibility report

Answer 1

Answer:

Corporate social responsibility report

Explanation:

Corporate social responsibility (CSR) has become one of the critical business practices of modern age.

The CSR report is published by a company or organization sharing details with the public anout the economic, environmental and social impacts caused by its bussinesses

For companies, objective is to achieve a positive impact on society while enhancing the development of shared value for the owners of the business, employees, shareholders and stakeholders.

Answer 2

A corporate is required to publish exhibiting its sustainability plan and development in Corporate social responsibility report

Explanation:

• The corporate sustainability plan and development report is effective for the enterprises to measure their performance related to socio-economic development and being able to  achieve their objectives. These reports help in identifying areas which require improvements  and being able to manage those changes in an effective manner.
• These reports give an account of the various changes and their impact on the economic, social and environmental conditions by its actions. The report give an account of the values and model of governance shows the linkage between it strategic decisions and the mission of sustainable development.  
• The Corporate social responsibility report contain information regarding the various business methods and decisions made  by the company for sustainable development and growth. Sustainable development is a part of the company's "social responsibility initiatives'.

To know more about Corporate social responsibility report

Impact of corporate social responsibility reporting on the corporate reputation of the banks

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