The report discusses the Five Capitals Model as a framework for understanding and implementing sustainability in business.
(Generated with the help of GPT-4)
| Quick Facts | |
|---|---|
| Report location: | source |
| Language: | English |
| Publisher: | Center for Data Innovation |
| Authors: | George Harding-rolls |
The research method involves conceptual analysis of the Five Capitals Model and its application to sustainability in business, including recommendations for organizations to enhance each type of capital.
(Generated with the help of GPT-4)
The Five Capitals Model is a framework that helps businesses understand sustainability by categorizing wealth creation into five types of capital: natural, human, social, manufactured, and financial. It guides organizations to maintain or enhance these capitals rather than deplete them. The model emphasizes the importance of considering environmental and social issues for long-term profitability and sustainable outcomes. It outlines specific ways organizations can contribute to each capital, such as using renewable resources, respecting human rights, fostering social relationships, efficiently using manufactured capital, and reflecting the value of other capitals in financial measures. The report suggests that this holistic approach to sustainability can lead to more responsible and successful business practices.
(Generated with the help of GPT-4)