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14 Cards in this Set
- Front
- Back
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Business Model
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The underlying idea or theory that explains how a business how a business will create value by making and selling products or services in the market
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Mission Statement
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A brief statement of the basic purpose of a corporation
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Strategy
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A basic approach, method, or plan for achieving an objective
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Transparency
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The state in which company social strategies, structures, and processes are visible to external observers
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Sustainability Reporting
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Documentation and disclosure of how closely corporate operations conform to the goal of sustainable development
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Sustainable Development
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Economic growth that meets current needs without social and environmental impacts that harm future generations
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Triple Bottom Line
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An accounting of a firm's economic, social, and environmental performance
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Assurance
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Verification by audit that information in a corporate sustainability report is reliable
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Philanthropy
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Charitable giving of money, property, or work for the welfare of society
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Checkbook Philanthropy
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A traditional for of corporate giving in which donations go to multiple worthy causes without any link to business strategy
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Strategic Philanthropy
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A form of corporate philanthropy in which charitable activities reinforce strategic business goals
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Cause Marketing
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A form of strategic philanthropy in which charitable contribitions are based on purchases of a product
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Philanthrocapitalism
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An emerging form of philanthropy that relies on market forces to achieve results
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Micro-finance
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Small loans given to poor people
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