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3 pop lt rgfers Posh to Spice, member thealt-girl group Spice a of The Her name Victoria is Beckham she Girts. real and isthewifeof footbatter David Beckham. punretates herluxury The to image lifestyle. and

Reading

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Vocabulary
1 financial engineering highty 2 leveraged cotlateral4 cash-settted btocking 3 minority 6 exposure 5 7 a) short squeeze share b) ftoat shortage8 free El re 2a 3c 4f 5b 6d B t ei 2 a v 3 d i i 4 fi i i 5 b v i 6 c i v position; float 2 minority 4 share shortage/short squeezeclose; 5 free El 1 derivatives options 3 btocking 6 write; down 7 financialengineering [I

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you Before read


(sustainability) people L FinanciaI items 2 Environmental issues, issues 3 Bean counters4 Environmental issues

Reading
I fheydidn't have figures measure. to 2 Hewanted radically to transform business their culture. Accounting Sustainabitity for 3 ThePrince Wates's of Project 4 The'connected reporting framework' 5 Totinksustainabitity measures themain to financial report thattheyhave direct impact corporate so a on strategy. 5 A s u c c e s s .T h e c o n n e c ti o n o fth etw odi sci pti nesproducedstrategi candfi nanci al change. 7 lt translated significant into savings moved and sustainabitity senior onto executives'agendas. 8 lf youshow howsustainabitity withstrategy,becomes fundamentalrunning business. links it more to the generation set to carbon from emissions theirenergy by activities 60 percentby 2020. f,l r They a target reduce (tines 20-23) (lines 2 Thefinance department 46-47) (tines 3 Polluting emissions, waste usage and ofwater, energy other and finite resources 50-52) (lines 4 No,also public the sector 79-80) (tines recruits customers 5 Graduate and 85-90) [l

Vocabulary
1 green 2 corporate social responsibitity sustainabitity accounting sustainability framework 3 4 for 5 5 strategic 3measure 4measurement 5transform6transformable/transformed Gl lsustain 2sustainable/sustained 7 connectable/connected 8 connection isolate 10 isolation 11 reduced 12reduction13aligned 9 14at i g n m e n t 5p i o n e e ri n g 6p i o n e er 1 1 ! l r c 2 9 3 d 4 i 5 a 6 e 7 b Bh 9f 1oj E

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