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United Nations Sustainable Development Goal 12 - Responsible Consumption & Production: Ensure sustainable consumption and production patterns.
In progress - have ideas?
Consider sending content suggestions for this guide to Morgan Barker, mew11@humboldt.edu
True Cost Accounting
Consider utilizing - Journals, Government Agencies, Accounting Organizations, Business Publications, Research Institutions, Conference Proceedings, and Specialized Websites.
International Organizations, on this topic: Global Reporting Initiative (GRI), Sustainability Accounting Standards Board (SASB)
Students may need to connect multiple methods of classification on these topics in sustainability. The GRI Global Reporting Initiative Database does not explicitly use the term "true cost accounting" nor does the UN SDGs. The term "true cost accounting" is not explicitly mentioned in the United Nations' Sustainable Development Goals (SDGs). However, aspects related to sustainability, responsible consumption and production, and environmental considerations are covered by several SDGs. SDG 12: Responsible Consumption and Production is particularly relevant to the concept of true cost accounting. This goal aims to ensure sustainable consumption and production patterns. It includes targets related to the efficient use of resources, reduction of waste, and the implementation of sustainable practices throughout the production and consumption lifecycle.
Consider utilizing information from a certification/measurement organization like Fair Trade Certified. The sources found in the following article can be found at the CPH Library. This model could be used for other resources too.
Fair Trade Certified - Why Industry Leaders are Increasingly Turning to True-Cost Accounting, January 2023
Sources, from the online article - and links to CPH Library resources. [i] Anne-Titia Bove and Steven Schwartz, Starting at the Source: Sustainability in Supply Chains, (McKinsey Sustainability 2016). [ii] Alyssa Stankiewicz, Sustainable Funds U.S. Landscape Report 2021: Another Year of Broken Records, (Morningstar Manager Research 2022). [iii] Dame Vivian Hunt, Robin Nuttall, and Yuito Yamada. From principle to practice: Making stakeholder capitalism work. (McKinsey & Company 2021 [iv] Consumers are Willing to Pay More For Sustainable Products Despite Inflation, According to Capterra. (BusinessWire 2022).