Which of the following is an example of a sustainability policy?

Gain insight into CIPS Whole Life Asset Management with our comprehensive quiz. Hone your skills with multiple-choice questions and detailed explanations. Get prepared for your exam!

A sustainability policy is designed to ensure that a company operates in a manner that is environmentally responsible and considers long-term impacts on society and the environment. Corporate accountability serves as a foundation for sustainability policies, as it involves a company's commitment to being transparent and responsible for its actions. This includes adhering to sustainable practices, measuring their impact, and engaging stakeholders in their sustainability initiatives.

By establishing corporate accountability, a company demonstrates its dedication to sustainability, setting standards for ethical behavior and inspiring trust among consumers and stakeholders. This aligns with the principles of sustainability, which emphasize the need for businesses to act in ways that support ecological balance and social equity while being held responsible for their contributions to these goals.

The other options, while relevant to business operations, do not directly encompass or represent a sustainability policy. Private ownership relates primarily to business structures, a service-based business model focuses on the nature of offerings rather than sustainability efforts, and financial forecasting deals mainly with predicting future financial performance without incorporating sustainability into the equation.

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