ACCA Strategic Professional · Advanced Performance Management · Sustainability
Zenara Foods plc wants to report its environmental and social impacts alongside its financial results, so that each is measured against the same three headings: economic, environmental and social. The finance director describes this as accounting for 'people, planet and profit'. Which sustainability framework is the company applying?
The company is applying the triple bottom line, which assesses performance on economic, environmental and social dimensions, often called profit, planet and people. The balanced scorecard, building blocks model and performance pyramid do not use these three headings as their core structure.
- AThe triple bottom lineCorrect
- BThe balanced scorecard
- CThe building blocks model
- DThe performance pyramid
Explanation
The triple bottom line (Elkington) measures performance across economic (profit), environmental (planet) and social (people) dimensions. The balanced scorecard has financial, customer, internal process and learning perspectives and has no explicit sustainability heading.
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