Final revision lecture, birkbeck, may 13 2010

Corporate Responsibility Revision Lecture Birkbeck, May 13 2010 Toby Webb, Ethical Corporation Exam time and date: 7th June at 2.30 – 4.30pm

Lecture one: Introduction to CR - Definitions ,[object Object],[object Object],[object Object]

Lecture one: Introduction to CR - History ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Lecture one: Introduction to CR - Definitions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Significant MODERN global responsible business initiatives - Some pros and cons ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Lecture Two: Greenwash, Communications and NGO engagement ,[object Object],[object Object],[object Object],[object Object]

Lecture Two: Greenwash, Communications and NGO engagement ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Lecture Two: Greenwash, Communications and NGO engagement ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Lecture Three: CR, Business Strategy and Innovation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Sustainability concerns and procurement of services: Governmental drivers

Lecture Three: CR, Business Strategy and Innovation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Lecture Three: CR, Business Strategy and Innovation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Lecture Three: CR, Business Strategy and Innovation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Lecture Three: CR, Business Strategy and Innovation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Lecture Three: CR, Business Strategy and Innovation Where we see the most progress: Niche brands : Innocent, Seventh Generation, Good Energy, Bullfrog Power, Triodos bank, Interface, Timberland, Body Shop etc Big Industrial companies : GE, Siemens, Toshiba, Nissan, Toyota, Intel Consumer brands : P&G, Unilever, Marks & Spencer, Cadbury, Tesco/Asda Reputationally vulnerable companies : Pharmaceuticals, heavy industry, extractive industry firms – Shell, BP, Exxon, BHP, Sakhalin Energy, Xtrata, and even some banks! ,[object Object]

Lecture 4: Business, Human Rights and Supply Chain ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Labour-specific human rights ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Why not just legislate? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Process of international law ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Progress nonetheless ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Enter John Ruggie ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

The state duty to protect ,[object Object],[object Object],[object Object],[object Object],[object Object]

The corporate duty to respect ,[object Object],[object Object],[object Object],[object Object]

Access to remedies ,[object Object],[object Object],[object Object],[object Object],[object Object]

Lecture Five: Embedding CR CR staff need to know too much…

Lecture 5: Embedding CR But have too few resources

Lecture Five: Embedding CR Solutions? Collaboration But there are some obstacles to hurdle: Convincing the board and senior management Working with a small budget Decentralising CR activity Measuring success SUCCESS: DESIGNING CR METRICS AND SELECTING TOOLS

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Lecture Six: Corporate Responsibility Reporting and Auditing ,[object Object],[object Object],[object Object]

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What do academics say about reporting? ,[object Object],[object Object],[object Object],[object Object],[object Object]

What do academics say about reporting? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Auditing and Verification of CSR / Sustainability reporting ,[object Object],[object Object],[object Object],[object Object],[object Object]

Lecture Seven: Business and Climate Change McKinsey Scenarios: 1) No change in policy = temp rise up to 7 degrees / 1-2 billion people overwhelmed / 4 billion people at risk / Floods and water shortages / Total ice cap melt / Amazon may die 2) Developed nations lead the way, spend $350 bn per year by 2030 = sea levels rise / low level islands threatened / hunger increases slower than scenario 1 / Canada and Northern Europe become more productive / Major increase in extreme weather events 3) Global action , spend is $565 bn per year by 2030 = World warms only 2 degrees / hotter areas suffer on crop yields / some ice at poles remains / increase in bad weather and floods, but manageable / tropical disease spread is significant, but limited

Companies directly responsible for at least 40% of all global greenhouse gas emissions 2009 PWC CEO survey: 40% of CEOs were not concerned about climate change . 7% of CEO’s extremely concerned. 42% extremely concerned about economic downturn UN/Trucost study says if biggest companies held accountable for environmental costs, 1/3 of profits would be lost Total corporate environmental damage cost estimated at $2.2 trillion in 2008 Three billion cars expected on the roads by 2050. Prius sales represent 6.4% of Toyota’s total annual sales in 2009

Business and Govt action: ,[object Object],[object Object],[object Object],[object Object],[object Object]

Business action: ,[object Object],[object Object],[object Object],[object Object],[object Object]

Business and Climate Change Marks and Spencer: Achievements, commitments, opportunities ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

,[object Object],[object Object],[object Object],[object Object],[object Object],Lecture eight: CR and Globalisation Offshoring emissions, waste and environmental impact

,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Lecture eight: CSR and Globalisation The outlook

Exam questions and indicative answers ,[object Object]

Final revision lecture, birkbeck, may 13 2010

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Final revision lecture, birkbeck, may 13 2010