true? O Sustainability is defined as meeting the needs of the present generation without compromising the ability of future generations
true? O Sustainability is defined as meeting the needs of the present generation without compromising the ability of future generations
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question

Transcribed Image Text:**Educational Quiz Question:**
**Question:**
Which of the following statements is not true?
**Options:**
1. ⃝ Sustainability is defined as meeting the needs of the present generation without compromising the ability of future generations to meet their own needs.
2. ⃝ GRI standards are targeted at investors and lenders.
3. ⃝ Corporate Social Responsibility (CSR) is the set of steps that firms take to bear responsibility for their impact on the environment and social well-being.
4. ⃝ SASB’s mission is to help businesses around the world identify, manage and report on the sustainability topics that matter most to their investors.
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In the above multiple-choice question, participants are asked to identify the statement that is not true from the given options related to sustainability, GRI standards, CSR, and SASB’s mission.
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