1945

Three SRB principles or 3Cs

The three principles of the SRB Model for a Sustainable Future, the 3Cs, are corporate governance, corporate social responsibility and corporate sustainability. They were first identified and defined by the ESCAP Sustainable Business Network (ESBN) Task Force on Banking and Finance.55 These principles are constituent components of the SRB model (Figure 6). They establish strong ethical guidelines so that business practices meet globally accepted standards for the valuing and pricing of products, services and assets, engaging with stakeholders, and assessing and managing risks.

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