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I

ILO (International Labor Organization)
An internationally recognized agency of the United Nations that aims to promote social justice and workers’ rights.

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Informational asymmetry
In a corporate context, it occurs when parties with a knowledge disparity receive the same information, thus producing a further disadvantage.
    

Infra-generational equity
It implies equal access to resources (environmental and non-environmental) to the world’s present citizens, regardless of where they live.


Innovation
Innovation refers to the concept of change and, specifically, to technological change. This may occur in two forms: in the products/services that are offered by an organization (product innovation), and in the ways in which they are made and distributed (process innovation).


Inter-generational equity
It implies equal opportunities between one generation and the next.


Insider dealing
Transactions made by managers on their own companies’ stocks.


Insider trading
The private use of confidential information.

Intangibles
In an industrial context characterized by modest growth rates, the businesses that can develop and grow are those that possess the best competitive instruments. The capacity to compete is tied not only to industrial and technological factors but is increasingly based on what are known as the intangible components of a company’s assets.
A company that is capable of innovating, providing quality products and services and gaining its customers’ trust and making the best use of its human resources while at the same time meeting the needs of all other stakeholders increases the value of its intangible assets, which are the true distinctive trait that sets the company apart from its competitors.
Intangibles are the values of sustainability, which are increasingly taken into consideration when making business decisions and influence the determination of a company’s overall performance, accounting for its non-financial aspect.
Traditional financial metrics are thus no longer sufficient for measuring a company’s global performance.
Irreversibility

The exploitation beyond all limits of reproducible natural resources that leads to the extinction of a species, with irreversible consequences.


ISO 14001
A standard created by ISO (International Organization for Standardization). ISO 14001 is a voluntarily-adopted set of regulations, applicable to all types of businesses, that define how an effective environmental management system (EMS) must be developed. I

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ISO 26000
ISO 26000 is a steering standard and provides suggestions and recommendations on Social Responsibility. It is not a certifiable standard; rather, it is a model that suggest the best on which organizations could base their own guidelines on the functioning of internal processes, the supply chain and markets.


K

Key Performance Indicator (KPI)
A key indicator for measuring a company’s performance.