The document discusses climate change, sustainability, and corporate social responsibility. It notes that climate change presents challenges and can impact human health directly through events like floods and storms or indirectly by changing disease patterns. Organizations should be concerned with sustainability and CSR due to risks to reputation, costs, and competition. Companies can contribute through initiatives that raise awareness, support communities, and reduce their environmental impact. The concept of a triple bottom line emphasizes people, planet and profit as three pillars of sustainability.

1. Climate change ,
Sustainability &
Corporate Social
Responsibility
A discussion Starter
-- Sumit Mathur
March 2014
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2. Content
 Climate Change
 Why should organizations be concerned?
 Sustainability
 How can organizations contribute?
 Long term sustainability - CSR
 Triple Bottom Line
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3. Climate Change
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4. Climate Change
 Climate change is very much a reality
 Will present us with challenges over the coming century
 In its Third Assessment Report the UN’s Intergovernmental Panel
on Climate Change concluded that:
 "Overall, climate change is projected to increase threats to human
health, particularly in lower income populations, predominantly
within tropical/subtropical countries."
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5. Climate Change
 Climate change can affect human health
 Direct Impacts of thermal stress, death/injury in floods and storms
etc.
 Indirectly through changes in the ranges of disease vectors (e.g.,
mosquitoes), water-borne pathogens, water quality, air quality,
food availability and quality
 Actual health impacts strongly influenced by
 Local environmental conditions
 Socio-economic circumstances, and by
 Range of social, institutional, technological, and behavioural
adaptations taken to reduce the full range of threats to health
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6.  Broadly, a change in climatic conditions can have three kinds
of health impacts:
 Direct : usually caused by weather extremes.
 Indirect : The health consequences of various processes of
environmental change and ecological disruption that occur in
response to climate change.
 The diverse health consequences – traumatic, infectious, nutritional,
psychological and other – that occur in demoralized and displaced
populations in the wake of climate-induced economic dislocation,
environmental decline, and conflict situations.
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7. Why should organizations
be concerned?
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8.  Reputation, market share, cost control, competition for talent
and ethical standards
 Need to keep up with the changing times and with the socio-
economic developments
 Climate change also represents an unprecedented and highly
complex threat to long-term economic interests across the
spectrum of financial and industrial activities
 The increasing frequency of extreme climatic events, coupled
with social trends, has the potentiality to stress insurers, re-
insurers and banks to the point of impaired viability or even
insolvency
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9. Sustainability
 Sustainability is a critical business issue
 Has the potential to be a differentiator in an organization’s ability to
manage risk, create and protect enterprise value, and drive growth
and innovation.
 More and more organizations are voluntarily adopting environmentally
sustainable practices and engaging their employees to help them
manage carbon emissions and compete in a world of limited resources.
 Leading companies stay well ahead of regulations and guidelines,
spearheading the drive for transparency.
 An increasing number of companies willingly submit their
sustainability-related reporting to a degree of scrutiny similar to
that of their financial statements
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10. How can organizations contribute to
Sustainability & reduce effects of
climate change?
CSR – Leading the way to a sustainable future
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11. CSR
 A way that businesses manage the economic, social and
environmental impacts of their operations
 Maximise the benefits and minimise the downsides
 Driven by both Government and businesses in their activities
related to:
 Governance
 Ethics
 Health and safety
 Environment
 Human rights, labour, culture, minorities
 Sustainability
 Accountability
 Customer satisfaction
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12.  Organizations can and do undertake a variety of initiatives under the
CSR route:
 Spreading awareness on social issues
 Helping rural development
 Provision of health and sanitation services
 Creating employment opportunities
 Educating & training people
 Developing roads, water tanks and other infrastructure etc.
 An effective approach to CSR can enhance brand and company
reputation by
 Improving efficiency
 Reducing the risk of business disruptions
 Opening up new opportunities driving innovation
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13. The Triple Bottom Line for
long-term sustainability
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14. Triple bottom line concept
 More commonly known as ‘People, Planet and Profit’
approach – the three pillars of sustainability
 The phrase, “People, Planet, Profit", was coined by John
Elkington in 1995
 Was later adopted as the title of the Anglo-Dutch oil company
Shell's first sustainability report in 1997
 As a result, one country in which the 3P concept took deep root was
The Netherlands.
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15. Triple bottom line concept
 Often environmental sustainability is the more profitable course for a
business in the long run
 Arguments that it costs more to be environmentally sound are often
specious
 Generally sustainability reporting metrics are better quantified and
standardized for environmental issues than for social ones
 A number of respected reporting institutes and registries exist including
the Global Reporting Initiative, CERES, Institute 4 Sustainability etc.
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16. People
 Pertains to fair and beneficial business practices toward labour
and the community and region in which a corporation
conducts its business.
 A triple bottom line enterprise would
 Seek to benefit many constituencies, not exploit or endanger any
group of them.
 Up stream a portion of profit from the marketing of finished goods
back to the original producer of raw materials
 Not use child labour and monitor all contracted companies for child
labour exploitation
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17. People
 A triple bottom line enterprise would
 Pay fair salaries to its workers
 Maintain a safe work environment and tolerable working hours
 Typically seek to "give back" by contributing to the strength and
growth of its community with such things as health care and
education
 Quantifying this bottom line is relatively new, problematic and
often subjective.
 The Global Reporting Initiative (GRI) has developed guidelines
to enable corporations and NGOs alike to comparably report
on the social impact of a business.
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18. Planet
 Refers to sustainable environmental practices
 A TBL company endeavours to
 Benefit the natural order as much as possible
 Minimise environmental impact
 Reduce its ecological footprint by
 Carefully managing its consumption of energy and non-
renewables
 Reducing manufacturing waste as well as rendering waste less
toxic before disposing of it in a safe and legal manner
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19. Planet
 A TBL company endeavours to
 Conduct a life cycle assessment of products to determine what the
true environmental cost is
 From the growth and harvesting of raw materials to manufacture
to distribution to eventual disposal by the end user
 Not produce harmful or destructive products
 Weapons, toxic chemicals or batteries containing dangerous
heavy metals etc.
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20. Planet
 In TBL thinking, an enterprise which produces and markets a
product which will create a waste problem should not be given
a free ride by society
 It would be more equitable for the business which manufactures and
sells a problematic product to bear part of the cost of its ultimate
disposal
 Ecologically destructive practices, such as overfishing or other
endangering depletions of resources are avoided by TBL
companies
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21. Profit
 It differs from traditional accounting definitions of profit
 In the original concept, within a sustainability framework, the
"profit" aspect needs to be seen as the real economic benefit
enjoyed by the host society.
 An original TBL approach cannot be interpreted as simply
traditional corporate accounting profit plus social and
environmental impacts unless the "profits" of other entities are
included as a social benefit
 It is the real economic impact the organization has on its economic
environment
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22. End of Presentation
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