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28 September, 16:48

The standard that uses economic, environmental, and social performance indicators that are based on GRI standards is called the: A. triple bottom line. B. social audit. C. business model. D. value chain

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  1. 28 September, 18:07
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    The standard that uses economic, environmental, and social performance indicators that are based on GRI standards is called the Triple Bottom Line, Option A.

    Explanation:

    The triple bottom line measures the environmental, financial and social performance of a company over a period of time. It is considered one of the most accepted method of CSR as a variety of stakeholders are satisfied with this approach. The main aim of triple bottom line is to impact the operations of a firm by making the non-financial measures added to traditional financial results.

    Some of the economic indicators in triple bottom line (which tell the performance of a firm) are the net revenues and taxes paid.
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