S-2000 Ratings System Overview

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  • start-up and new ventures, emerging technologies, mature brand success and well established national conglomerates.
  • The rating system has been developed using survey creation and administration methodology, keeping in mind that all three aspects of sustainability are equally important Each question works to determine how much to reward or encourage certain business practices, based on the impact of an initiative or practice on sustainability The varied and exhaustive nature of the questions, ensure that the survey is relevant to large and small businesses in both the manufacturing and service sectors
  • In order to start developing a rating system for the CoS, research was done on other types of rating systems, from well known rating systems to nonprofit organizations Each rating system was analyzed for its purpose, stakeholders, benefits and weaknesses Benefits were used to decide what would be important to include in a comprehensive rating system Weaknesses of each system were also important to understand to avoid the pitfalls of other rating systems
  • S-2000 Ratings System Overview

    1. 1. Sustainable2000: Rating System of Sustainable Businesses © Chamber of Sustainability, July 2009
    2. 2. Achieving progress toward sustainability requires maintaining and improving economic, environmental, and community wellbeing, not choosing one over the others © Chamber of Sustainability, July 2009 $
    3. 3. <ul><li>SUSTAINABLE2000 is a nationally recognized sustainable business rating system that provides a systematic way to measure and evaluate companies in their economic, environmental, and community initiatives </li></ul><ul><li>It provides third-party verification that a business, non-government or government organization is using strategies aimed at improving performance across </li></ul><ul><ul><li>economic vitality </li></ul></ul><ul><ul><li>social equity </li></ul></ul><ul><ul><li>stewardship of resources </li></ul></ul><ul><li>in an equitable manner that is sensitive to their impacts on the community </li></ul>© Chamber of Sustainability, July 2009
    4. 4. <ul><li>Developed by the Chamber of Sustainability, Inc. (CoS) in conjunction with the University of Wisconsin’s School of Business </li></ul><ul><li>Provides a concise framework for identifying and implementing practical and measurable sustainable business practices, processes and operating solutions in a balanced context </li></ul><ul><li>Flexible enough to apply to all business types regardless of scale </li></ul><ul><li>It works throughout a business’ journey along the pathway of sustainability </li></ul>© Chamber of Sustainability, July 2009
    5. 5. <ul><li>The CoS is working to facilitate the benchmarking and exchange of sustainable business practices to improve the viable sustainability of participating organizations </li></ul><ul><li>One essential ingredient of this benchmarking process is the measurement and evaluation of various aspects of business operations as it relates to generating; </li></ul><ul><ul><li>profits </li></ul></ul><ul><ul><li>reducing ecological footprint </li></ul></ul><ul><ul><li>improving the social aspects of their community both inside and outside the enterprise </li></ul></ul>© Chamber of Sustainability, July 2009
    6. 6. <ul><li>The unique framework of the SUSTAINABLE2000 rating system enables any organization involved in the process to evaluate their progress toward sustainability </li></ul><ul><li>The rating system has been developed using survey creation and administration methodology, keeping in mind that all three aspects of sustainability, environmental stewardship, economic vitality and social equity within the enterprise’s community, are equally important </li></ul>© Chamber of Sustainability, July 2009
    7. 7. <ul><li>The practical implementation of the Brundtland definition can have many uses, but the use for the CoS rating system is the framework developed by John Elkington in 1998 in his book </li></ul><ul><ul><li>“ Cannibals with Forks: the Triple Bottom Line of 21 st Century Business.” </li></ul></ul>© Chamber of Sustainability, July 2009
    8. 8. <ul><li>Participant organizations answer a series of comprehensive questions </li></ul><ul><li>These questions create transparency in their practices, processes, goods and service delivery while creating metrics in balancing the three key sustainable components </li></ul><ul><li>Each question works to determine how much to reward or encourage certain business practices, based on the impact of an initiative or practice on sustainability. </li></ul>© Chamber of Sustainability, July 2009
    9. 9. © Chamber of Sustainability, July 2009
    10. 10. <ul><li>Each question is assigned to one of three categories: </li></ul><ul><ul><li>Environmental </li></ul></ul><ul><ul><li>Economic </li></ul></ul><ul><ul><li>Community. </li></ul></ul><ul><li>Questions were developed with a sense that these three categories are not silos, but flexible since in reality, these categories overlap </li></ul><ul><li>Issues related to the social dimensions of a company, like the employees and community often overlap with economic issues including profit and internal stakeholders </li></ul><ul><li>Likewise, the economic issues of a company are many times deeply related to the environmental dimensions of a company </li></ul>© Chamber of Sustainability, July 2009
    11. 11. <ul><li>Since a wide variety of businesses will participate in the Sustainable2000, the questions apply to companies or organizations who make or produce products, provide services, or both </li></ul><ul><li>They will not be asked to respond to questions that do not apply to their business. </li></ul><ul><li>The questions are denoted as Manufacturing (M), Service (S) or Both (B) </li></ul><ul><li>Companies will not be penalized for being unable to answer a question outside their area of business </li></ul>© Chamber of Sustainability, July 2009
    12. 12. <ul><li>There are two types of questions in the questionnaire </li></ul><ul><li>The majority of questions instruct the user to “Choose One,” meaning that a company can only choose one answer </li></ul><ul><li>The other type of question is called “All That Apply,” meaning that a company can choose more than one answer </li></ul>© Chamber of Sustainability, July 2009
    13. 13. <ul><li>A “Choose One” question has answers that each have a certain amount of points attached to it </li></ul><ul><li>The answer weight is a value out of one (1) </li></ul><ul><ul><li>For example, if a company responds to a question with an answer that contributes highly towards a sustainable business, they may receive 0.9 for that question. </li></ul></ul><ul><li>An “All That Apply” question calculates how many answers were chosen and points are awarded based on number of answers </li></ul><ul><ul><li>For most of these questions, one or two answers will give the company a majority of the answer weight, and more than two answers will give them full credit </li></ul></ul><ul><li>Answer Weight is not revealed to the survey participants </li></ul>© Chamber of Sustainability, July 2009
    14. 14. <ul><li>Along with the answer weight, each question has a point value, based on the significance towards sustainability and the impact on the TBL. </li></ul><ul><li>The question value is on a scale from one to nine </li></ul><ul><li>A large question value indicates that the subject of the question significantly affects the TBL </li></ul><ul><li>Question Value is not revealed to the survey participants </li></ul>© Chamber of Sustainability, July 2009
    15. 15. <ul><li>To construct valid questions that adequately measure organizational sustainability it is important to define sustainability </li></ul><ul><li>The most common and widely respected definition of sustainability is from the Brundtland Commission at the 1987 World Commission on Environment and Development which is </li></ul><ul><ul><li>“ development that meets the needs of the present without compromising the ability of future generations to meet their own needs”. </li></ul></ul>© Chamber of Sustainability, July 2009
    16. 16. <ul><li>Answer weight: Each answer has an assigned point value, based on significance on sustainability </li></ul><ul><li>Question weight: Each question has a point value (out of 9) based on impact on the triple bottom line </li></ul><ul><li>Total Score: Equally calculated between three categories </li></ul>© Chamber of Sustainability, July 2009 Environmental 33.33 Economic 33.33 Community 33.33 Total 100
    17. 17. © Chamber of Sustainability, July 2009
    18. 18. Sources: Porter & Kramer (2006), Chatterji & Levine (2005) © Chamber of Sustainability, July 2009
    19. 19. <ul><li>Category Listed Product/Service </li></ul><ul><li>Applied Date Company Name </li></ul><ul><li>Verified Date Address </li></ul><ul><li>Ranking in Category (1-20) if applicable City/Town, State, Zip Code </li></ul><ul><li>SUSTAINABLE2000 ranking (1-2000) Country </li></ul><ul><li>Contact Person Website </li></ul><ul><li>  </li></ul><ul><li>Sustainable Mission Statement: </li></ul><ul><li>  </li></ul><ul><li>Company Logo: The company logo will be hot linked to the companies website </li></ul><ul><li>Description of Company’s product or services: </li></ul>© Chamber of Sustainability, July 2009
    20. 20. <ul><li>Once a company has registered and submitted their survey, the company will be listed on the CoS website but not certified or ranked </li></ul><ul><li>In order to complete the process, the company will be assigned CoS reviewer and must submit supporting documentation for completion of the review process </li></ul><ul><li>This process adds a currently absent, matrix- based approach, to the sustainability equation, giving a company a robust portrayal of its sustainable investments for marketing and discernment </li></ul>© Chamber of Sustainability, July 2009
    21. 21. 06/11/2009 © Chamber of Sustainability
    22. 22. 06/11/2009 © Chamber of Sustainability
    23. 23. 06/11/2009 © Chamber of Sustainability
    24. 24. <ul><li>The questionnaire is distributed to participants on line. </li></ul><ul><li>Each company that applies will be given log-in access to this form </li></ul><ul><li>The log-in will allow access an unlimited number of times, and allow various users to save information during the process </li></ul><ul><li>However, only one submittal per company will be allowed </li></ul>© Chamber of Sustainability, July 2009
    25. 25. <ul><li>Questionnaire entry is no small task </li></ul><ul><li>We strongly recommend each company establish a team that will complete the entry together </li></ul><ul><li>This team should be cross-functional, including employees from all departments in the company </li></ul><ul><li>It should also span the vertical ladder of a company, including employees from various levels of management, and non-management roles </li></ul>© Chamber of Sustainability, July 2009
    26. 26. <ul><li>Companies need to understand that outside data is required to complete an entry </li></ul><ul><li>Teams should ideally compile some of this information before beginning the questionnaire, or have it readily available in order to streamline the entry process </li></ul><ul><li>This information may need to be emailed to the review committee </li></ul>© Chamber of Sustainability, July 2009
    27. 27. <ul><li>Such information includes: </li></ul><ul><ul><li>Certifications and corresponding numbers </li></ul></ul><ul><ul><li>Safety standards used </li></ul></ul><ul><ul><li>Recent sales and revenue data </li></ul></ul><ul><ul><li>Product makeup information </li></ul></ul><ul><ul><li>Transportation practices of goods and services </li></ul></ul><ul><ul><li>Partnerships with organizations, NGOs </li></ul></ul><ul><ul><li>Employee pay </li></ul></ul><ul><ul><li>Employee demographics </li></ul></ul><ul><ul><li>Insurance benefits </li></ul></ul><ul><ul><li>Energy and water use </li></ul></ul>© Chamber of Sustainability, July 2009
    28. 28. <ul><li>Companies are encouraged to prepare additional information that supports their answers </li></ul><ul><li>Audits of individual answers or companies may be made after the entry is received </li></ul><ul><li>Verification of any question with supporting documentation may be done electronically, to ensure that points are awarded correctly </li></ul>© Chamber of Sustainability, July 2009
    29. 29. <ul><li>Registration: </li></ul><ul><li>Member: One Complimentary Submission </li></ul><ul><li>Non-Member: $500/per submission </li></ul><ul><li>Processing: </li></ul><ul><li>Individual or single location: </li></ul><ul><li>Member Non-Member </li></ul><ul><li>1-25 employees $ 400 USD $ 650 USD </li></ul><ul><li>26-100 employees $ 600 USD $ 800 USD </li></ul><ul><li>101-250 employees $ 750 USD $1,000 USD </li></ul><ul><li>251-500 employees $ 875 USD $1,250 USD </li></ul><ul><li>501+ employees $1,000 USD $1,500 USD </li></ul><ul><li>Chain or Multiple locations: </li></ul><ul><li>Total number Employees Member Non-Member # of Locations Cost </li></ul><ul><li>1-25 employees $ 250 USD $ 750 USD X $ </li></ul><ul><li>26-100 employees $ 350 USD $ 900 USD X $ </li></ul><ul><li>101-250 employees $ 400 USD $ 1,200 USD X $ </li></ul><ul><li>251-500 employees $ 550 USD $ 1,500 USD X $ </li></ul><ul><li>251-500 employees 11+locations $ 150/add loc $ 300/add loc $5500+X $ </li></ul><ul><li>501+ employees $ 700 USD $ 2,000 USD X $ </li></ul><ul><li>501+ employees 11+locations $ 200/add loc$ 400/add loc $7000+X $ </li></ul><ul><li>Examples: </li></ul><ul><li>3 locations with 125 total employees @ $400 (member) X 3 locations = $1200 </li></ul><ul><li>15 locations with 300 total employees @ $550 (member) X 10 Locations + 5 locationsx$150= $6,250 </li></ul>© Chamber of Sustainability, July 2009
    30. 30. Top 1%: 20 Companies Next 4%: 80 Companies Next 20%: 400 Companies Next 25%: 500 Companies Next 25%: 500 Companies Last 25%: 500 Companies © Chamber of Sustainability, July 2009
    31. 31. Questions? © Chamber of Sustainability, July 2009

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