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Question 51 - CPIM-Part-2 discussion

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External sustainability reporting and verification is an opportunity for a company to communicate its:

A.
confidence.
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A.
confidence.
B.
profitability.
Answers
B.
profitability.
C.
growth.
Answers
C.
growth.
D.
performance.
Answers
D.
performance.
Suggested answer: D

Explanation:

External sustainability reporting and verification is an opportunity for a company to communicate its performance in terms of environmental, social, and governance (ESG) aspects. ESG performance refers to how a company manages its impacts and risks on the natural environment, the society, and its own governance structure. By reporting and verifying its ESG performance, a company can demonstrate its commitment to sustainability, transparency, and accountability to its stakeholders, such as investors, customers, employees, regulators, and the public.External sustainability reporting and verification can also provide a company with various benefits, such as improved reputation, enhanced stakeholder trust, increased operational efficiency, reduced costs, and better decision making123.

asked 16/09/2024
Lawrence Bargers
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