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Wolfsberg Group Financial Crime Compliance Questionnaire (FCCQ) v1.1Storebrand Asset Management ASFinancial Institution Name: Location (Country) :No #NorwayQuestionAnswer1. ENTITY & OWNERSHIP 1Full
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Research and understand the definition of sustainability.
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Sustainability is part of environmental, social, and economic stewardship that aims for a balance between these three areas to ensure long-term viability.
Organizations and businesses, particularly those that meet specific size, revenue, or industry criteria set by regulatory bodies, are typically required to file sustainability reports.
Filling out a sustainability report usually involves collecting data on environmental impact, social responsibility initiatives, and economic performance, then compiling it according to predetermined guidelines or frameworks.
The purpose of sustainability reporting is to provide transparency to stakeholders about an organization's impact on the environment and society, promoting accountability and informed decision-making.
Organizations must report on metrics related to resource use, carbon emissions, waste management, social equity initiatives, and governance practices among other sustainability indicators.
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