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When a business decides to apply standards related to its environmental responsibilities, in which order should it report?
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When a business decides to apply standards related to its environmental responsibilities, in which order should it report?
When a business decides to apply standards related to its environmental responsibilities, it should report in the following order:
Sustainability policy: The entity should set out its policies on its environmental responsibilities. These policies include the entity's environmental objectives and the strategies it will implement to achieve these objectives.
Sustainability objectives: The business should set goals related to its environmental responsibilities. These are the goals that the business wants to achieve to improve its environmental performance.
Sustainability action plan: The business should prepare an action plan to achieve its environmental objectives. This plan includes the actions that the business will take to achieve the goals.
Sustainability performance measurement: The business should regularly measure its environmental performance. These measurements show how close the business is to achieving its goals.
Sustainability report: The business should publicize its environmental performance in a report. This report is a document that evaluates the environmental performance of the business and points out areas for improvement.
This sequence provides a roadmap for businesses to start implementing standards related to their environmental responsibilities. By following this sequence, businesses can build a solid foundation for improving their environmental performance.