What aspect of sustainability does sustainability accounting primarily focus on?

Sustainability accounting primarily focuses on the social and environmental impacts of business activities. This approach recognizes that a company's performance should be measured not just by its financial success, but also by how its operations affect the environment and society. The goal is to provide stakeholders with a holistic view of the company's sustainability practices, including how it manages resources, reduces waste, engages with communities, and contributes to social equity.

This broader perspective helps organizations to identify risks and opportunities associated with sustainability, ensuring that they can operate effectively in a world increasingly concerned with environmental stewardship and social responsibility. By focusing on these impacts, sustainability accounting enables businesses to make informed decisions that benefit not only their bottom line but also the planet and society as a whole.