Recent Developments in the Industry Show a Number of Entities

question 65

Essay

Recent developments in the industry show a number of entities recognising the need to also be accountable for social and environmental performance in addition to financial performance.What reporting innovations have been observed in the industry to support triple-bottom-line reporting?

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Definitions:

Conditions of Worth

Concepts in humanistic psychology referring to the stipulations set by individuals or society that dictate when people are worthy of respect or approval.

Self-Actualization

The actualization or achievement of an individual's skills and possibilities, viewed as a natural desire or necessity inherent in all people.

Defense Mechanisms

Psychological strategies used by individuals to cope with reality and maintain self-image, often unconsciously reducing anxiety arising from unacceptable thoughts or feelings.

Expectancy Theory

A theory of motivation that suggests an individual's behavior is determined by their expectations of how their efforts will lead to desired outcomes.