Social and environmental sustainability vs Financial sustainability - Essay Example
The differences among social as well as environmental sustainability and financial sustainability can be resolved based on the different views. Social economic is also essential for the purpose of doing a business properly and improve economic growth of businesses. In the recent trends, there is a huge scope for a business. Sustainability can also be defined as the long-term growth economically, financially, environmentally and socially (IFC, 2012).
In this context, the paper deals with the implications of the differences among social as well as environmental sustainability and financial sustainability in two ways such as the ways through which they can operate their business properly and also can report on their activities. In addition, it intends to explain how these differences can be reconciled or resolved along with the major obstacles for reconciling different views.
Social and environmental sustainability is different from financial sustainability based on going concern of the accountants.
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