The correct answer is D. All of the above.
A social balance sheet is a tool that helps organizations measure and manage their social impact. It does this by tracking the organization’s social costs, social revenues, and the value of its employees.
Social costs are the negative impacts that an organization has on society. These can include things like pollution, employee turnover, and crime. Social revenues are the positive impacts that an organization has on society. These can include things like job creation, tax revenue, and charitable giving. The value of employees is the total contribution that employees make to an organization, both financially and non-financially.
By tracking these three things, organizations can get a better understanding of their overall social impact. This information can then be used to make decisions that will improve the organization’s social performance.
Here is a brief explanation of each option:
- Social costs: These are the negative impacts that an organization has on society. They can include things like pollution, employee turnover, and crime.
- Social revenues: These are the positive impacts that an organization has on society. They can include things like job creation, tax revenue, and charitable giving.
- Value of employees: This is the total contribution that employees make to an organization, both financially and non-financially. It includes things like their productivity, their creativity, and their ability to attract and retain customers.