What does 'Operating Location(s)' refer to in the context of sustainability accounting?

The term 'Operating Location(s)' in the context of sustainability accounting refers specifically to the physical locale where a business operates and how this location can influence its exposure to environmental changes. This includes factors such as natural resource availability, climate conditions, and regulatory environments that can impact a business's sustainability practices and resilience to environmental risks.

Understanding the operating location is crucial for assessing the sustainability performance of a business. It helps identify the potential risks and opportunities associated with that location, allowing firms to strategize effectively regarding resource usage, emissions, and adaptation to climate change. Therefore, when evaluating a company's sustainability initiatives, knowing where it operates is essential for determining its environmental impact and long-term viability.