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ACCA Strategic Professional · Strategic Business Leader · Stakeholder analysis and organisational social responsibility

Halvern Foods plc publishes a separate sustainability report each year. The board wants the report to cover the company's economic, environmental and social performance together, measured against the same boundaries, so that investors and other stakeholders can see how they interact. Which approach to reporting does this describe?

This is triple bottom line reporting. It presents economic, social and environmental performance together, so stakeholders can see how they interact, rather than focusing only on financial results or on a single area such as regulatory environmental compliance.

  1. ATriple bottom line reportingCorrect
  2. BStatutory financial reporting under IFRS only
  3. CManagement commentary limited to shareholders
  4. DEnvironmental compliance reporting to the regulator

Explanation

Triple bottom line (people, planet, profit) reporting presents economic, social and environmental performance together. Statutory IFRS reporting centres on financial information, and regulator compliance reports cover only one dimension, environmental, so they do not integrate all three.

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