Double materiality recognizes and understands a company's impact on the environment and society is material to its financial performance. Double materiality acknowledges risks and opportunities from both financial and nonfinancial perspectives. This concept requires companies to disclose not only how sustaina...
Some reporting directives—for example, the CSRD—require double materiality assessments, which means that a reporting business must disclose its impact on the climate and the environment, as well as the impact that climate change has on its operations, finances and outlook. CSR vs. ESG: Key ...
The key difference between amortization and depreciation involves the type of asset being expensed. There are also differences in the methods allowed, including acceleration. Components of the calculations and how they're presented on financial statements also vary. Key Takeaways Amortization and deprecia...
The five components of COSO –control environment, risk assessment, information and communication, monitoring activities, and existing control activities– are often referred to by the acronym C.R.I.M.E. To get the most out of your SOC 1 compliance, you need to understand what each of these ...
Help them radically transform the system from the ground (and DNA) up! Hierarchy of decisions GROW: If you have a backyard, get some chickens! They are a delight to watch and kids love them, they eat your scraps and in return, give you an egg nearly every day! BARTER: It is pretty...
Through strategic innovations that are both bold and discerning, the PLDT Group ensures continuous improvement for its fixed line, wireless, and other operations. Maximizing the country's most extensive fiber optic backbone and fixed line and cellular networks, we ensure a wide range of ...
Apart from the reduction of CO2 emissions, key components of the Group's sustainability strategy include industrial environmental protection, circular economy, sustainability in the supply chain, employee orientation and social commitment. In order to safeguard its viability goin...
As the runner finds ways to bypass ever more components of the game, we come to understand that this is how other rational processes come to shed components of a practice that might be viewed as important when considered by an outside onlooker. Rationality strips away everything that is not...
Finally, it is important to read the three components of the shame imperative in their mutual conditioning. This takes the form that “no longer be ashamed of myself” is conditioned by “spare someone shame” since to shame the other would itself be an object of shame. This imperative does...
Further, the law tends to treat components of health research as bounded objects: data, tissue, medical devices, embryos, and so on. This fails to account for the whole, interconnected innovation system and the rich, possibly transformative, lived experiences of actors involved in health research...