What are the criteria for the Sustainable Business Awards Indonesia?
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    What are the criteria for the Sustainable Business Awards Indonesia?
    Updated:16/04/2024
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    1 Answers
    RiverKnight
    Updated:10/09/2024

    Sustainable Business Awards Indonesia honor companies committed to sustainability.

    Criteria for Evaluation
    • Environmental Impact: Assessment of the company’s efforts to reduce its ecological footprint.
    • Social Responsibility: Evaluation of the company’s community engagement and social contributions.
    • Economic Performance: Ability to generate revenue while adhering to sustainable practices.
    • Innovation and Sustainability Practices: Adoption of innovative methods for sustainability.
    • Transparency and Accountability: Openness regarding business operations and sustainability reporting.
    Q&A Section
    Q1: How is the environmental impact assessed?

    A1: Environmental impact is evaluated based on energy consumption, waste management practices, and carbon emissions.

    Q2: What defines social responsibility?

    A2: Social responsibility encompasses initiatives aimed at benefiting local communities and fostering employee welfare.

    Q3: Why is economic performance crucial for sustainability awards?

    A3: Sustainable businesses must demonstrate profitability while integrating sustainable practices to be recognized.

    Q4: How is innovation measured in sustainability practices?

    A4: Innovation is measured by the implementation of new technologies or methods that enhance sustainability outcomes.

    Q5: What role does transparency play?

    A5: Transparency ensures that businesses are honest about their sustainability efforts, encouraging trust among stakeholders.

    Statistical Overview
    Category Weight Score (Out of 10)
    Environmental Impact 30% 8
    Social Responsibility 25% 7
    Economic Performance 20% 9
    Innovation 15% 8
    Transparency 10% 6
    Mind Map of Criteria
    • Sustainable Business Awards
      • Environmental Impact
      • Social Responsibility
      • Economic Performance
      • Innovation
      • Transparency and Accountability
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