2. Prepared & Presented by Ashwini K. Mavinkurve
A. Setting the Context:
Are we sleepwalking into crisis?
Why is Sustainability the Need of the Hour?
Shift in the landscape – Beyond Numbers
Decoding Sustainability
Global & National Actions for Sustainable Development
B. Diving Deeper:
Corporate Sustainability
Cornerstones of Corporate Sustainability
Reporting on Sustainability
Getting Started on your Sustainability Journey
Contents of this Presentation
4. Prepared & Presented by Ashwini K. Mavinkurve
Are we sleepwalking into Crisis?
Top 5 global risks in terms of likelihood Top 5 global risks in terms of impact
http://www3.weforum.org/docs/WEF_Global_Risks_Report_2019.pdf
5. Prepared & Presented by Ashwini K. Mavinkurve
Why sustainability is the need of the hour? (1/3)
Earth Overshoot Day marks the date when humanity’s demand for ecological resources and services in a given year
exceeds what Earth can regenerate in that year.
Earth Overshoot days in the
recent years:
August 4, 2012
August 3, 2013
August 4, 2014
August 5, 2015
August 5, 2016
August 1, 2017
July 29, 2018
July 29, 2019
https://www.overshootday.org/newsroom/past-earth-overshoot-days/
6. Prepared & Presented by Ashwini K. Mavinkurve
Why sustainability is the need of the hour? (2/3)
7. Prepared & Presented by Ashwini K. Mavinkurve
Why sustainability is the need of the hour? (3/4)
In the world’s poorest countries, around 1 in 4 children are engaged in child labour
According to the International Labour Organization (ILO), more than 450 million people work in supply
chain-related jobs
A 16-year-old tobacco worker standing in a tobacco
field in North Carolina wearing her work clothes. “I
don’t feel any different in the fields than
when I was 12” she said. “I [still] get
headaches and ... my stomach hurts.
And like I feel nauseous.... I just feel like
my stomach is like rumbling around. I
feel like I’m gonna throw up”
8. Prepared & Presented by Ashwini K. Mavinkurve
Shift in the landscape – Beyond Numbers
https://www.researchgate.net/figure/Tangible-vs-intangible-assets-as-share-of-S-P-500-market-value-1975-2015_fig1_320373367
Not just on paper, can you see
the shift from tangible assets
to intangible assets around
you?
9. Prepared & Presented by Ashwini K. Mavinkurve
Decoding Sustainability…
Sustainability focuses on meeting the needs of the present without compromising the ability of future generations to meet their needs
Three Pillars of Sustainability
Able to sustain and grow in the face of challenges and change
10. Prepared & Presented by Ashwini K. Mavinkurve
Global & National Actions for Sustainable Development
INDCs
12. Prepared & Presented by Ashwini K. Mavinkurve
Corporate Sustainability
Corporate sustainability is an approach aiming to create long-term stakeholder value
through the implementation of a business strategy that focuses on the following dimensions of doing
business:
Ethical Social Environmental Cultural Economic
Sustainability is here to stay…
Who are your key Stakeholders?
Employees? Customers?
Investors &
Shareholders?
Community?
Law Makers &
Regulatory Authorities?
Government & Local
Governance Bodies?
Media? Suppliers & Vendors?
Stakeholders are individuals or groups that may impact or could be impacted by the Company’s business
activities
13. Prepared & Presented by Ashwini K. Mavinkurve
Basis of Non-Financial Disclosure: Defining Materiality
Process for materiality assessment
Define the scope
Identify potential topics – bucket of topics
Categorise these under the 3 pillars of sustainability
Consult with key stakeholders to shortlist material topics to be
presented to the senior management
Finalise material topics in consultation with senior management
1
2
3
4
5
Defining what matters and to whom?
In this context, ‘impact’ refers to the effect an organization has on the
economy, the environment, and/or society (positive or negative).
An organisation is faced with wide range of of topics on which it can
report.
Relevant topics, which potentially merit inclusion in the report, are those
that can reasonably be considered important for reflecting the
organization’s economic, environmental, and social impacts, or
influencing the decisions of stakeholders.
15. Prepared & Presented by Ashwini K. Mavinkurve
Generic Material issues for Real Estate sector
Product
sustainability
& innovation
Business
Ethics
Supply Chain
Energy use &
GHG
emissions
Water Use
Safety &
Training of
employees
Effluents &
Waste
Generation
Community
Relations
Physical
Impacts of
Climate
Change
Among the above issues, prioritise the top 5 material issues for your group and let us know why
they are critical to your business?
17. Prepared & Presented by Ashwini K. Mavinkurve
Reporting on non-financial parameters
Sustainability Reporting is an overview of a company’s economic, environmental and social impacts, caused by its everyday
activities
This kind of reporting can help organizations measure, understand and communicate their economic,
environmental, social and governance performance, and then set goals, and manage change more effectively
Increased understanding of risks and
opportunities
Enhanced linkage between financial and non-
financial performance
Influence on long term management strategy
and policy, and business plans
Enhanced compliance
Comparability of performance internally, and
between organizations and sectors
Improving reputation and brand loyalty
Enabling external stakeholders to understand
the organization’s true value, and tangible and
intangible assets
Benefits
18. Prepared & Presented by Ashwini K. Mavinkurve
Primary Sustainability Disclosure Platforms
Business Responsibility
Report
19. Prepared & Presented by Ashwini K. Mavinkurve
Getting started on your sustainability journey…
Identify the material issues for your sector by following the “Materiality Assessment Process”
Conduct a gap assessment to ascertain if relevant policies and frameworks prevail currently in the
organisation
Based on the gap assessment and consultation with senior management – develop policies and
systems that address these material issues
Allot KPIs for each material issue and goals for these KPIs (in the long, medium and short term)
Create action plans and initiatives for each material issues
Set up systems and infrastructure necessary for monthly data collection of these KPIs to be reported
Choose relevant disclosure platforms and initiate report writing
OPTIONAL: Subject the data reported to third party assurance
Publish the report for stakeholder perusal (on the Organisation’s website)
20. Thank You..
For more details, please feel free to reach
out to me:
Ashwini K. Mavinkurve
E-mail ID: akmavinkurve93@gmail.com
LinkedIn:
https://www.linkedin.com/in/ashwini-
mavinkurve-a528a164/