This is a presentation on Corporate Social Responsibility links to corporate sustainability and growth over the long term presented 5 October 2013 at the Regent Business School's international conference entitled 'Not Business as Usual'
What is the global reporting initiative?dean771100
What is the Global Reporting Initiative?
The GRI is a global standard for sustainability reporting designed by organizations and investors to measure business performance. The GRI has been adopted as a requirement by leading institutional investors, government regulators and development organizations around the world. It sets out a universal framework for sustainability reporting based on the shared understanding that such information can provide new insights into how companies operate and their contribution to sustainable development.
What is socially responsible investment?dean771100
Socially Responsible Investments
Socially responsible investing is one of several similar approaches and concepts that impact how asset managers invest, in a socially responsible way. SRI's have been around for over 30 years in one form or another, and take the desire to make money and use it to create a better world. Companies which generate positive, measurable social and environmental change alongside a financial return. Keep in mind that it is a developing niche and therefore not without hiccups.
This Research Spotlight provides a summary of the academic literature on environmental, social, and governance (ESG) activities including:
• The relation between ESG activities and firm value
• The impact of environmental and social engagements on firm performance
• The market reaction to ESG events
• The relation between ESG and agency problems
• The performance of socially responsible investment (SRI) funds
This Research Spotlight expands upon issues introduced in the Quick Guide “Investors and Activism”.
The word ESG or Environmental, Social, and Governance Metrics are used to describe the environmental, social, and governance performance of a company. This can be done in many ways- via surveys that are sent to members of the public who then weigh in on what they believe are the most important factors for measuring environmental impacts or by performing research into how companies rank when it comes to key issues. Some people would argue that this is not necessary while others would argue that if you want your business to succeed then these metrics should be taken into consideration.
These slides discusses on the environmental, social and governance (ESG) factors for responsible investment. It briefly covers the ongoing crisis our world economy is dealing with today, which adversely affects business owners and investors alike.
What is the global reporting initiative?dean771100
What is the Global Reporting Initiative?
The GRI is a global standard for sustainability reporting designed by organizations and investors to measure business performance. The GRI has been adopted as a requirement by leading institutional investors, government regulators and development organizations around the world. It sets out a universal framework for sustainability reporting based on the shared understanding that such information can provide new insights into how companies operate and their contribution to sustainable development.
What is socially responsible investment?dean771100
Socially Responsible Investments
Socially responsible investing is one of several similar approaches and concepts that impact how asset managers invest, in a socially responsible way. SRI's have been around for over 30 years in one form or another, and take the desire to make money and use it to create a better world. Companies which generate positive, measurable social and environmental change alongside a financial return. Keep in mind that it is a developing niche and therefore not without hiccups.
This Research Spotlight provides a summary of the academic literature on environmental, social, and governance (ESG) activities including:
• The relation between ESG activities and firm value
• The impact of environmental and social engagements on firm performance
• The market reaction to ESG events
• The relation between ESG and agency problems
• The performance of socially responsible investment (SRI) funds
This Research Spotlight expands upon issues introduced in the Quick Guide “Investors and Activism”.
The word ESG or Environmental, Social, and Governance Metrics are used to describe the environmental, social, and governance performance of a company. This can be done in many ways- via surveys that are sent to members of the public who then weigh in on what they believe are the most important factors for measuring environmental impacts or by performing research into how companies rank when it comes to key issues. Some people would argue that this is not necessary while others would argue that if you want your business to succeed then these metrics should be taken into consideration.
These slides discusses on the environmental, social and governance (ESG) factors for responsible investment. It briefly covers the ongoing crisis our world economy is dealing with today, which adversely affects business owners and investors alike.
Environmental and Social Due Diligence ESG AssessmentsRSM GC
Leading player in Energy and Sustainability Services
Led more than 500 sustainability service offerings( CSR, EIAs, LCAs, CDM, Environmental Finance etc.)
Sectors( Energy and Infrastructure, Mines and Metals, Manufacturing, Habitats, Forestry, Agriculture) and
Geographies (India, Srilanka, Thailand, Philippines, Indonesia, Nigeria, Kenya, Tanzania)
Clients (Governments, Multilaterals, UN, Business groups, NGOs)
Delivered more than 500 million USD benefits to clients
Operating across India, South East Asia and Africa
What is an ESG Audit?
Environmental, social and governance (ESG) risks are inevitable for every business. But how these issues are collected, managed and reported are what will make the difference between a company that is prepared or not.
Environmental, social and governance (ESG) refers to the three main areas of concern that have developed as central factors in measuring the sustainability and ethical impact of an investment in a company or business. These areas cover a broad set of concerns increasingly included in the non-financial factors that figure in the valuation of equity, real-estate, corporate, and fixed-income investments. ESG is the catch-all term for the criteria used in what has become known as socially-responsible investing. Socially responsible investing is among several related concepts and approaches that influence and, in some cases govern, how asset managers invest portfolios.
ESG integration in Equities and Fixed IncomeNawar Alsaadi
ESG Integration Case Studies, a presentation by Nawar Alsaadi of more than 30 ESG integration case studies (Equities and Fixed Income) by a host of asset managers and asset owners around the world. (The work is derived from a CFA Institute and UN-PRI paper entitled Guidance and Case Studies for ESG Integration: Equities and Fixed Income).
New esg disclosure burden for midsize small cap companiesdean771100
New ESG Disclosure Burden for Midsize Small-Cap Companies
Capital markets have grown increasingly complex and globalized over the years, leading to increased complexity of risk management. This has led to a growing need for enhanced disclosure by companies in order to provide investors with information that enables them to understand risks related, among other things, to environmental, social and governance factors (ESG). These new ESG disclosure obligations will carry additional burden for midsize and small-cap businesses that may lack the required resources to adequately address all of these concerns. The new ESG disclosure obligations are primarily designed to help investors better understand risks related to environmental, social and governance factors. Midsize and small-cap firms usually have a more limited budget for disclosures as compared with larger companies which can devote more resources towards this area. The new regulations could impose substantial burdens on smaller firms.
Here is a slide deck on environmental and social governance investing. This is a long tern investment strategy that plays a large role in helping influence companies to take care of the environment around us.
This presentation helps you gain a good understanding of the fundamentals of ESG by explaining the following.
1. What is ESG - Definition and ESG Issues
2. What is ESG VS Responsible Investment (RI) - Definition of RI | Relationship between ESG and RI | Investment profile of RI vs Sustainable Investing vs Impact Investing
3. Why is ESG Important - Two Main Reasons
4. Who should Care about ESG - Key Stakeholders
5. Why They should Care - Reasons for each Stakeholder to Understand and Consider ESG Integration
6. How to Integrate ESG into Investment Process - Overview of Traditional vs ESG-Integrated Investment Process
ESG Engagement Insights, a presentation by Nawar Alsaadi of best engagement practices of 30 asset managers, owners, pension funds, and non-profits around the world. (The work is derived from BlackRock & Ceres’ paper entitled Engagement in the 21st Century).
Environmental, Social and Governance (ESG) investing is bringing a new lens to the world of traditional investment management. ESG is increasingly becoming a key decision criterion within the institutional and retail channels as investors seek to ensure that their investments align with their values. In this webinar, we will provide a unique understanding of distribution trends driven by ESG criteria vital to product development and sales strategies for Asset Managers.
Broadridge has partnered with MSCI ESG Research to provide Asset Managers with access to ESG factors for funds. On this webinar, we will provide a detailed overview of ESG investment trends as well as present an overview of a unique set of data that provides ESG transparency on more than 27,000 funds.
Green Business 101: This one-hour class covered the business case for sustainability, the range of approaches that companies can take to green their operations and image and a few case studies of industry leaders.
The Relationship between Sustainability Performance and Financial PerformanceSocial Finance
At the Canadian Responsible Investment Conference, June 20, 2011, Dr. Olaf Weber gave a presentation on the relationship between sustainable development performance and financial performance, including EBITDA margin, credit risks, option pricing and rules of thumb valuation.
Balanced Rock Investment Advisors educational presentation on alternative investment strategies that reflect personal values.
Presented @ Brookline Library - 10.15.2015
The impact of Social Environmental Governance disclosure for investors: closi...Ardea International
How do investors use environmental social governance information? What investor led initiatives exist? What are the barriers? What are the trends in reporting?
A presentation on the differences between business ethics and sustainability, how companies approach the issues, some of the methods of doing so, and possible results and impacts on stakeholders and corporate performance
"CSR as a core business strategy" - masterclass by John Holm at MSM RomaniaArmina Stepan
John Holm's presentation at Maastricht School of Management Romania on the 11th of September on "CSR as a core business strategy. Enriching both the local community and the bottom line"
Environmental and Social Due Diligence ESG AssessmentsRSM GC
Leading player in Energy and Sustainability Services
Led more than 500 sustainability service offerings( CSR, EIAs, LCAs, CDM, Environmental Finance etc.)
Sectors( Energy and Infrastructure, Mines and Metals, Manufacturing, Habitats, Forestry, Agriculture) and
Geographies (India, Srilanka, Thailand, Philippines, Indonesia, Nigeria, Kenya, Tanzania)
Clients (Governments, Multilaterals, UN, Business groups, NGOs)
Delivered more than 500 million USD benefits to clients
Operating across India, South East Asia and Africa
What is an ESG Audit?
Environmental, social and governance (ESG) risks are inevitable for every business. But how these issues are collected, managed and reported are what will make the difference between a company that is prepared or not.
Environmental, social and governance (ESG) refers to the three main areas of concern that have developed as central factors in measuring the sustainability and ethical impact of an investment in a company or business. These areas cover a broad set of concerns increasingly included in the non-financial factors that figure in the valuation of equity, real-estate, corporate, and fixed-income investments. ESG is the catch-all term for the criteria used in what has become known as socially-responsible investing. Socially responsible investing is among several related concepts and approaches that influence and, in some cases govern, how asset managers invest portfolios.
ESG integration in Equities and Fixed IncomeNawar Alsaadi
ESG Integration Case Studies, a presentation by Nawar Alsaadi of more than 30 ESG integration case studies (Equities and Fixed Income) by a host of asset managers and asset owners around the world. (The work is derived from a CFA Institute and UN-PRI paper entitled Guidance and Case Studies for ESG Integration: Equities and Fixed Income).
New esg disclosure burden for midsize small cap companiesdean771100
New ESG Disclosure Burden for Midsize Small-Cap Companies
Capital markets have grown increasingly complex and globalized over the years, leading to increased complexity of risk management. This has led to a growing need for enhanced disclosure by companies in order to provide investors with information that enables them to understand risks related, among other things, to environmental, social and governance factors (ESG). These new ESG disclosure obligations will carry additional burden for midsize and small-cap businesses that may lack the required resources to adequately address all of these concerns. The new ESG disclosure obligations are primarily designed to help investors better understand risks related to environmental, social and governance factors. Midsize and small-cap firms usually have a more limited budget for disclosures as compared with larger companies which can devote more resources towards this area. The new regulations could impose substantial burdens on smaller firms.
Here is a slide deck on environmental and social governance investing. This is a long tern investment strategy that plays a large role in helping influence companies to take care of the environment around us.
This presentation helps you gain a good understanding of the fundamentals of ESG by explaining the following.
1. What is ESG - Definition and ESG Issues
2. What is ESG VS Responsible Investment (RI) - Definition of RI | Relationship between ESG and RI | Investment profile of RI vs Sustainable Investing vs Impact Investing
3. Why is ESG Important - Two Main Reasons
4. Who should Care about ESG - Key Stakeholders
5. Why They should Care - Reasons for each Stakeholder to Understand and Consider ESG Integration
6. How to Integrate ESG into Investment Process - Overview of Traditional vs ESG-Integrated Investment Process
ESG Engagement Insights, a presentation by Nawar Alsaadi of best engagement practices of 30 asset managers, owners, pension funds, and non-profits around the world. (The work is derived from BlackRock & Ceres’ paper entitled Engagement in the 21st Century).
Environmental, Social and Governance (ESG) investing is bringing a new lens to the world of traditional investment management. ESG is increasingly becoming a key decision criterion within the institutional and retail channels as investors seek to ensure that their investments align with their values. In this webinar, we will provide a unique understanding of distribution trends driven by ESG criteria vital to product development and sales strategies for Asset Managers.
Broadridge has partnered with MSCI ESG Research to provide Asset Managers with access to ESG factors for funds. On this webinar, we will provide a detailed overview of ESG investment trends as well as present an overview of a unique set of data that provides ESG transparency on more than 27,000 funds.
Green Business 101: This one-hour class covered the business case for sustainability, the range of approaches that companies can take to green their operations and image and a few case studies of industry leaders.
The Relationship between Sustainability Performance and Financial PerformanceSocial Finance
At the Canadian Responsible Investment Conference, June 20, 2011, Dr. Olaf Weber gave a presentation on the relationship between sustainable development performance and financial performance, including EBITDA margin, credit risks, option pricing and rules of thumb valuation.
Balanced Rock Investment Advisors educational presentation on alternative investment strategies that reflect personal values.
Presented @ Brookline Library - 10.15.2015
The impact of Social Environmental Governance disclosure for investors: closi...Ardea International
How do investors use environmental social governance information? What investor led initiatives exist? What are the barriers? What are the trends in reporting?
A presentation on the differences between business ethics and sustainability, how companies approach the issues, some of the methods of doing so, and possible results and impacts on stakeholders and corporate performance
"CSR as a core business strategy" - masterclass by John Holm at MSM RomaniaArmina Stepan
John Holm's presentation at Maastricht School of Management Romania on the 11th of September on "CSR as a core business strategy. Enriching both the local community and the bottom line"
current scenario of corporate social responsibility and methods to bring back values back to CSR from research paper by by Chris MacDonald & Alexei Marcoux from Business Ethics Journal Review
Once Thomas Kuhn said that "a mature science is governed by a single paradigm". However the lack of clear paradigm for CSR research should not necessarily be seen as weakness for a field that is still in a state of emergence and CSR is still in the stage of emergence.
Community relations creating value for industry and communityWayne Dunn
Keynote presentation to the International Congress on Community Relations’ Global Forum in Lima, Peru, Aug. 2014. Discusses how community relations and CSR can create value for industry and community
To keep updated on postings and events go to www.csrtraininginstitute.com and sign up for the newsletter
Corporate Social Responsibility (CSR) is about how companies manage their business processes to produce an overall positive impact on society. It covers sustainability, social impact and ethics on business interests and objectives. This presentation also gives a balancing view of the commercial interests of businesses and social & environmental obligations of a business enterprise.
The ISO 26000 standard defines CSR as:
an organization's responsibility for the impacts of its decisions and activities on society and the environment, through transparent and ethical behavior that:
- contributes to Sustainable Development, including health and the welfare of society;
- takes into account the expectations of stakeholders;
- is in compliance with applicable law and consistent with international norms of behavior;
- and is integrated throughout the organization and implemented in its relations.
The 6 core subjects listed by ISO 26000 are:
1. Human rights
2. Labor practices
3. The environment
4. Fair operating practices
5. Consumer issues
6. Community involvement and development
The presentation covers all aspects of CSR and provide adequate guidance on the principles and practices of CSR.
Making the Business Case for Sustainability Guide for PractitionersJeanne von Zastrow
A new, free guide for sustainability practitioners to use in helping to develop a plan to present and make the business case for sustainability initiatives, with many examples from the food industry.
Corporate social responsibility (CSR, also called corporate conscience, corporate citizenship or responsible business) is a form of corporate self-regulation integrated into a business model
Business must be the major driver of innovation and sustainability in our society if we are to avoid a “perfect storm” of resource scarcity, climate change, and pollution. The “triple bottom line” concept is a response to this need, but its use is limited because it does not address the competitive strategy of the firm. A strategy-based balanced scorecard system aligned with principles of the Triple Bottom Line offers a way to accomplish social and environmental goals while integrating them fully with financial performance and competitive advantage.
Ten Key Elements to Sustainable Business Practices in SMEs. This tool combines together case studies and lessons learned from small businesses across Canada, the US and the UK.
Aligning ESG with Corporate Strategy to Gain a Competitive AdvantageLuke Holland
Organizations can no longer choose to prioritize ESG. Sustainable plans are at the very center of the policies of those who wish to be competitive and profitable. However, the optimal strategy for ESG integration services differs based on the business. Furthermore, if ESG strategies are not evaluated holistically, they may clash with other operational goals. Companies are utilizing the strategy and actions of stakeholders willing to back their vision of a sustainable framework by putting the most successful practices based on brand values in place.
Aligning ESG with Corporate Strategy to Gain a Competitive Advantage - SG Ana...SG Analytics
From the sudden surge in the popularity of green finance to the pervasive impact of ESG factors on consumers and their purchasing decisions
Visit: https://us.sganalytics.com/blog/aligning-esg-with-corporate-strategy-to-gain-a-competitive-advantage/
Fiscal and monetary policy evolved significantly over the recent decades. Traditional Keynesian models are being challenged by new theories, including Modern Monetary Policy and Neo-Keyesian perspectives. In the context of public sector finance and financial management challenges that were created or accelerated during the covid crisis, and in consideration of rapidly changing demographic realities in most nations, a revision of the existing system is in order if our science is to be an effective tool for evaluating and planning public policy going forward.
Supply and demand are common terms and well understood in the general economics framework. However, my decades of practical experience led me to believe that these concepts are defined too narrowly for public sector applications. I believe this because socially, as opposed to economically, defined optimal conditions are influenced by socio-cultural influences that evolve over time, making the simple economic theory inapplicable or inappropriate.
Discussion based on Mankiw slides as amended by myself. The presentation is meant as the opening introduction to GDP measurement prior to a class discussion of the strengths and weaknesses of GDP as a meaningful measure of public policy efficacy.
Slides made from "A Guide to Social Return on Investment - Principle 2: Understanding What Changes" by the Social Value UK organization. This could also go in the Economics or Investor Relations categories.
Wu's text lacks slides. I've made slides for my lectures and include Chapters 3-6 in this set. I use Libreoffice so there may be some distortion in the layouts.
I developed this for a group of new PhD students with significant practice experience in public policy. It is based on my own experience with the transition and becoming a 'pracademic'.
Developed and presented at OECD in 2009, this presentation focuses on a cluster analysis approach to developing an innovation index that goes beyond merely counting patents.
A presentation developed for & presented at the Chiang Mai University School of Public Policy 10 October 2018. The slides were developed for a 7 minute presentation designed to propose some topics for the discussion sessions that followed.
After a general introduction, the slides describe the experience of using the MIT Sloan School Fishbanks simulation to illustrate common pool resource management challenges for Thai government officials. The exercise was conducted in class with a group of 30 Thai government officials seeking their MPA degree at Chiang Mai University. The Sloan School materials were translated and the lecture was presented in both English and Thai. Two Faculty of Political Science and Public Administration professors coached the teams during the simulation. The translated materials are available on request.
DOI: 10.13140/RG.2.2.24593.74084
Strategic Thinking is critical to all aspects of planning, budgeting, and policy development and analysis in private, nonprofit, and government organizations of all sizes. This brief overview contains the 12 critical components of Strategic Thinking and comparisons with conventional ideas.
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CSR presentation Regent Business School Durban SA 5 October 2013
1. Regent Business School Conference
'Not Business As Usual'
Making Corporate Responsibility &
Sustainability Sustainable
William P. Kittredge, Ph.D.
President
Cervelet Management & Strategy Consulting
www.cerveletconsulting.com
3. What is Sustainable Development?
Sustainable development is a form of economic growth
that recognizes the importance of environmental and
social objectives in long-term company financial
performance and survival
Contrast neoclassical economic theory
Sustainability leads to the institutionalization of
Corporate Responsibility & Sustainability (CR&S)
3
5. Corporate Social Responsibility (CSR)
Involves diverse partners
Requires stakeholder identification & engagement, and
may require technical support
Private sector generates responsible profits
Society reaps the benefits of sustainable development.
5
6. Corporate Social Responsibility (CSR)
“It takes 20 years to build a reputation and five minutes
to ruin it. If you think about that, you'll do things
differently.” - Warren Buffett
6
7. Bank of America
U.S. government lawsuit accusing Bank of America of
fraud
The suit accuses BoA of a racketeering operation
Bank of America settles with shareholder $2.43 billion
Layoffs at Bank of America Corp – 2,100 jobs
7
8. Evolution of CSR
Compliance
− Establishment of standards
− Cerfitications
Triple Bottom Line (TBL)
− “making a business case” for CSR
− Social, environmental, & financial impacts
Responsible Competitiveness
− Market forces engaged
− Companies rewarded and punished using CSR
standards
source: Responsible Business Guide: A Toolkit for Winning Companies
8
9. Sustainability & CSR
9
Arts &
Culture
Employee
Voluntarism
EducationHealth
Disaster
Relief
Community /
Livelihood
Development
CSR
Initiatives by
Group Companies
Environment
CSR
10. Corporate Responsibility &
Sustainability (CR&S)
Implementation in line with organizational goals, mission
and vision – strategic plan implementation
CR&S - a comprehensive framework developed and
adopted by the organization
No generic framework fits all situations
Role of public authorities and regulatory bodies
Transparency and credibility of CR&S
10
11. CR & S: Who Pays; Who Benefits?
Old assumption – companies with CR&S underperform
Research suggests – organizations adopting CR&S
enjoy higher rate of returns
CR&S provides more robust governance structure &
accounts include environmental and social impacts
Enhanced measurement protocols and reporting system
Together, generate social trust
11
12. Ensuring Real Sustainability
Build a business case for CR&S as opposed to the
normative case for sustainability
Identify and distinguish sustainability and greenwashing
Commitment to transparency and TBL disclosures
Develop, implement and integrate operations in
consonance with TBL philosophy
Commitment to multi-dimensional measurement &
reporting
12
13. Transparency Initiative
Adopting transparency in operational and reporting
processes
Social expectation shifts from ‘why do you report?’ to
‘why don’t you report meaningfully and understandably?’
Research indicates correlation between economic, social
and environmental indicators
Externality impact of environmental degradation becomes
company economic liability – BP's Gulf spill
Poor social performance e.g. high work place injuries also
incur economic impacts – loss of skilled employees
reduces productivity & morale
13
15. CR&S Lifecycle
Six stages of CR&S lifecycle are
Initiation
Implementation
Organisational growth
CR&S process repetition
CR&S goal update
Updated CR&S implementation
N.B There exists a ‘Growth Lag’ between CR&S process
repetition stage & the second organisational growth
phase
15
17. How to respond?
Adopt sustainable practices to improve processes and
productivity at the same time reducing negative
environment impact
Build a business case for CR&S as opposed to the
normative case for sustainability
Identify and distinguish sustainability and greenwashing
Develop, implement and integrate operations in line with
sustainability policy and reporting framework
Sustainability reporting, disclosure and assurance
17
18. How to respond?
Do something, make a start
Set and realise realistic CR&S goals
− Company resources
− Business lines
Acknowledge that this is an iterative process, not an end
point.
Companies and those who own and manage them have
more power than the average citizen
18
19. How to respond?
Select a CS&R model that is relevant to your business,
and its social, political, and cultural environment.
Remember you are changing corporate culture
Secure commitment of senior management.
Make use of the 'workbooks' and 'toolkits' that are
available – step-by-step guides streamline the process,
making results easier to achieve.
Train key personnel – use 'train the trainers' model
Don't be afraid
19
20. Seattle | Bangkok | Karachi | Islamabad
www.cerveletconsulting.com
From Sustainability to Sustainability…
William P. Kittredge, Ph.D.
President
Cervelet | Management & Strategy Consulting
wkittredge@cerveletconsulting.com
(084) 717 7900