ACCA FM Syllabus B. Financial Management Environment - More policies - Notes ^{5 / 6}

The Competition Commission prevents takeovers that are against the public interest

Competition policy aims to ensure:

1. Wider consumer choice

2. Technological innovation, and

3. Effective price competition

Government grants available for certain investments and small business in areas such as rural development, energy efficiency, education etc

Airfuel tax for example can threaten an airline business but create opportunities for other forms of transport or makers of new greener aircraft.

Sustainability means meeting present needs without harming the ability of future generations to meet their own needs, according to the United Nations.

For investors, sustainable investing involves recognising that companies addressing global challenges can have strong growth potential. Investors of all kinds now consider environmental, social, and governance (ESG) factors when pursuing their investment objectives.

The growing demand for eco-friendly products and ethical business practices has also led to an increase in greenwashing, which refers to misleading claims about environmental efforts made by companies.

In summary, sustainability involves balancing current and future needs, while sustainable investing considers ESG factors. However, the rise in greenwashing poses challenges to accurately assessing a company's environmental impact.