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Corporate Social Responsibility, 7 Benefits.., Environmental & social…
C
orporate
S
ocial
R
esponsibility
Definition
Business ethics - charity donation - compliance with regulations, norms, standards, and labels - working conditions - local communities - environment - supply chain - carbon footprint
Mainly about how companies make profits
Benefits :check:
Increased revenue
Reduced energy expences
Reduced waste expences
Reduced materials expences
Increased productivity
Reduce risks
Reduced turn-over
In practise
Code of conduct
1. Mission statement
2. Identify relative topics (materiality analysis)
3. Orientation towards general standards
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4. Implementation of CSR into business practises
The Global Compact:
Human rights, Labor standards, environmental protection and anti-corruption
ISO26000:
1.Consumer concerns 2.Integration of companies into society 3.Human rights 4.Labor practices 5.Environmental protection 6.Fair business practices 7. Organizational leadership
How it can be demontrated ...
Sustainable sourcing
Responsible marketing
Safe working conditions & fair pay
Responsive customer service
Protecting environment
Supporting local causes
Investing in education
CSR Reporting and communications :!:
Sustainable Development Goals (SDG)
What is Company´s SDG Impact
Goals are adopted by all UN member countires in 2015 for the 2030 Agenda for Sustainable Development
No poverty
Zero hunger
Health and well-being
Education
Gender quality
Clean water
Affordable and clean energy
Economic growth
industry, innovation, infrastucture
Reduced inequalities
Sustainable cities and communities
Responsible consumption and production
Climate action
Life below water
Life on land
Peace, justice and strong institutions
Partnerships for the goals
U.N. SDGs - United States Sustainable Development Goals
ESG ( Environmental, Social, Governance) frameworks
Global Reporting Initiative (GRI)
- framework for reporting about CSR
Organizations must work directly with stakeholders to identify most significant ESG metrics
GRI Materriality Matrix
Includes 3 Universal standards and 33 Topic.specific standards
SASB
(Sustainable Accounting Standards Board),
TCFD
(Task force on Climate-related Financial Disclosure), CDSB, WEF, IR
7 Benefits..
Environmental & social impacts
:recycle: :silhouettes:
REPORTING
Report for external and internal stakeholders
