opic 5 discussed reasons why businesses may report their social and environmental impact. Choose all the reasons that align with the ‘business case’ perspective discussed in the lecture:Group of answer choicesTo enhance business reputationTo justify the work of CSR departmentsTo add detail to annual reports for stakeholdersTo avoid negative media reportingTo encourage other businesses to also fairly report their social and environmental impact

Which of the following is NOT a typical reason for businesses to engage in sustainability reporting? Question 4Answera.Enhancing brand reputationb.Building trust with stakeholders c.Attracting and retaining talent d.Avoiding environmental regulations

Required informationSkip to questioniSeeIt!: Corporate Social Responsibility This brief video describes the role of a business in relation to its environment. This concept is referred to as Corporate Social Responsibility. This activity is important, because businesses are often viewed and judged by consumers and the community for their overall ability to positively impact the environment through social programs, ethically sourced products, and hiring practices. The goal of this exercise is to demonstrate your understanding of the actions that lead toward a positive public image and good corporate citizenship. Click the ► button to watch the video. Then, answer the questions that follow. When companies follow the key factors of Corporate Social Responsibility, a ________ usually results, thus ________.Multiple Choicepositive public image; repelling more customersnegative public image; attracting more customersnegative public image; repelling more customerstax benefit; increasing profitspositive public image; attracting more customers

In the ‘Selling CSR’ lecture video, it was explained that McKinsey and NeilsenIQ carried out a study which tracked spending behaviour of US consumers. What did the study find?Group of answer choicesThere was no correlation between business claims of social and environmental responsibility and improved sales performance of those businessesConsumers will only spend more on businesses that engage in substantive CSR practicesThere was a correlation between business claims of social and environmental responsibility and improved sales performance of those businessesThere is not enough evidence to determine correlation between sustainability claims of business and spending behaviour of consumersWhile there is greater consumer interest in CSR, consumers are not spending more on businesses which claim social and environmental responsibility

There are a myriad of reporting frameworks to measure and manage the sustainability impacts of business.Group of answer choicesTrueFalse

Which of the following is NOT a benefit of sustainability reporting for organizations? Question 11Answera.Increased shareholder dividends b.Improved risk management c.Reduced operational costs d.Enhanced brand reputation