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ITEM: _1_ Florida Gulf Coast University Financing Corporation Board of Directors September 27, 2023SUBJECT:Minutes of June 7, 2023 MeetingPROPOSED BOARD ACTION Approve minutes BACKGROUND INFORMATION
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A sus-financial-statement is a specific financial report that captures the financial activities and position of entities, focusing on sustainability and social responsibilities.
Entities that meet certain thresholds or are mandated by regulatory bodies to disclose their sustainability efforts and financial performance must file a sus-financial-statement.
To fill out a sus-financial-statement, organizations need to gather detailed financial information, assess their sustainability activities, and follow the prescribed format and guidelines provided by the relevant regulatory authority.
The purpose of the sus-financial-statement is to provide transparency regarding an entity's sustainability practices and financial health, allowing stakeholders to make informed decisions.
The sus-financial-statement must report on financial performance, sustainability initiatives, environmental impacts, social responsibilities, and any other metrics relevant to the organization's sustainability objectives.
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