Presentation focusing on assisting corporate social investment practitioners on publishing information on community investment and development in sustainability reports.
GRI & US Sector Leader - ESG/GRI trainingmarjella82
This document provides information about a webinar on producing a first sustainability report according to Global Reporting Initiative (GRI) standards. The webinar is a collaboration between GRI Focal Point USA and Bloomberg and will provide an introduction to GRI reporting, resources, and a question and answer session. It encourages organizations to manage and report on their economic, environmental, social and governance performance and impacts transparently.
The document provides an overview of sustainability reporting according to the GRI G4 guidelines. It discusses the principles and standard disclosures required for sustainability reports, including general descriptive information about the organization as well as specific economic, environmental and social performance indicators. Organizations can choose between a Core option requiring basic disclosures or a more comprehensive option. The manual aims to help public services easily prepare good quality GRI G4 reports.
The document discusses the rise of sustainable and impact investing. It provides context on impact investments by defining them as investments that generate measurable social and environmental impacts alongside financial returns. It then introduces Reuben Teague and Shalini Vajjhala, two leading practitioners in impact investing, who will discuss their work in more detail.
Elevating Sustainability Reporting with Advanced Energy and Water Data Collec...Urjanet
Sustainability and "going green" are increasingly becoming high priority topics on the agenda of C-level executives and public officials. More organizations are looking into sustainability management and view reporting as an opportunity to build brand trust, satisfy key stakeholders, and identify areas for improvement. Yet, many organizations struggle to collect and organize the data they need to power their reports and management systems.
This webinar dives into why high quality data is critical for sustainability reporting and sheds light upon the energy and water data collection challenges organizations are facing today. Our expert panel discusses advanced energy and water data collection and standardization methods and explains how this data can be leveraged in software to provide actionable insights. This session features Alisdair McDougall from Verdantix, Erik Becker from Urjanet, and Alistair Blackmore from CRedit360.
TiiQu Talks on A Sustainable Tomorrow
ESG Sustainability Imperative
Climate Change Effects; Carbon Emission Sources; Decarbonization Solutions
ESG Knowledge Map
ESG Strategic Planning and Program Management
Carbon Net-Zero Management (TCFD)
ESG Reporting Frameworks & Guidelines
ESG Reporting Trends in 2021
Digital Technology for ESG Sustainability Innovation
ESG Sustainability Assessment Ecosystem
Sustainability Performance Assessment for S&P 500 High-Tech Industry
ESG Sustainability Management/Assessment Issues & Challenges & Solutions
SDG-SASB-GRI-WEF ESG Metrics Mapping
Digital Solutions for ESG Sustainability Investing/Management
ESG + Digital Integrated Transformation (ESGDX) Imperative
ESGDX Benefits and Requirements: Business Models
How ESGDX Can Create New Revenue Streams?
ESGDX Benefits and Requirements: Business Operations
Metaverse Enterprise
Digital Twins for Dynamic Carbon Net-Zero Management
Digital Twins Use Case: A Pulp/Paper Company in S. Korea
Metaverse for Sustainable Smart City
Present and Future of Metaverse Infographics
This document summarizes a webinar on powering ESG ambitions through data. It discusses how ESG reporting is challenging due to different standards and data sources, but that a targeted data strategy can help. It recommends starting with cataloging ESG data, selecting key stakeholder dimensions, targeting a maturity level, building a data sandbox, and creating a community of practice to embark on an ESG journey through data. The webinar emphasizes that ESG is both urgent and important given regulatory demands, consumer expectations, and how financial markets are increasingly considering ESG metrics.
GRI & US Sector Leader - ESG/GRI trainingmarjella82
This document provides information about a webinar on producing a first sustainability report according to Global Reporting Initiative (GRI) standards. The webinar is a collaboration between GRI Focal Point USA and Bloomberg and will provide an introduction to GRI reporting, resources, and a question and answer session. It encourages organizations to manage and report on their economic, environmental, social and governance performance and impacts transparently.
The document provides an overview of sustainability reporting according to the GRI G4 guidelines. It discusses the principles and standard disclosures required for sustainability reports, including general descriptive information about the organization as well as specific economic, environmental and social performance indicators. Organizations can choose between a Core option requiring basic disclosures or a more comprehensive option. The manual aims to help public services easily prepare good quality GRI G4 reports.
The document discusses the rise of sustainable and impact investing. It provides context on impact investments by defining them as investments that generate measurable social and environmental impacts alongside financial returns. It then introduces Reuben Teague and Shalini Vajjhala, two leading practitioners in impact investing, who will discuss their work in more detail.
Elevating Sustainability Reporting with Advanced Energy and Water Data Collec...Urjanet
Sustainability and "going green" are increasingly becoming high priority topics on the agenda of C-level executives and public officials. More organizations are looking into sustainability management and view reporting as an opportunity to build brand trust, satisfy key stakeholders, and identify areas for improvement. Yet, many organizations struggle to collect and organize the data they need to power their reports and management systems.
This webinar dives into why high quality data is critical for sustainability reporting and sheds light upon the energy and water data collection challenges organizations are facing today. Our expert panel discusses advanced energy and water data collection and standardization methods and explains how this data can be leveraged in software to provide actionable insights. This session features Alisdair McDougall from Verdantix, Erik Becker from Urjanet, and Alistair Blackmore from CRedit360.
TiiQu Talks on A Sustainable Tomorrow
ESG Sustainability Imperative
Climate Change Effects; Carbon Emission Sources; Decarbonization Solutions
ESG Knowledge Map
ESG Strategic Planning and Program Management
Carbon Net-Zero Management (TCFD)
ESG Reporting Frameworks & Guidelines
ESG Reporting Trends in 2021
Digital Technology for ESG Sustainability Innovation
ESG Sustainability Assessment Ecosystem
Sustainability Performance Assessment for S&P 500 High-Tech Industry
ESG Sustainability Management/Assessment Issues & Challenges & Solutions
SDG-SASB-GRI-WEF ESG Metrics Mapping
Digital Solutions for ESG Sustainability Investing/Management
ESG + Digital Integrated Transformation (ESGDX) Imperative
ESGDX Benefits and Requirements: Business Models
How ESGDX Can Create New Revenue Streams?
ESGDX Benefits and Requirements: Business Operations
Metaverse Enterprise
Digital Twins for Dynamic Carbon Net-Zero Management
Digital Twins Use Case: A Pulp/Paper Company in S. Korea
Metaverse for Sustainable Smart City
Present and Future of Metaverse Infographics
This document summarizes a webinar on powering ESG ambitions through data. It discusses how ESG reporting is challenging due to different standards and data sources, but that a targeted data strategy can help. It recommends starting with cataloging ESG data, selecting key stakeholder dimensions, targeting a maturity level, building a data sandbox, and creating a community of practice to embark on an ESG journey through data. The webinar emphasizes that ESG is both urgent and important given regulatory demands, consumer expectations, and how financial markets are increasingly considering ESG metrics.
The document provides guidance for companies listed on Nasdaq Nordic exchanges on reporting environmental, social and governance (ESG) metrics. It recommends a set of 11 ESG metrics that are most material for investors based on their prevalence in reporting frameworks, potential to impact company performance, and practicality for companies to report. The suggested metrics cover topics like greenhouse gas emissions, energy use, water and waste management, diversity and pay equity, and business ethics. Companies are encouraged to publicly report on these metrics and engage with stakeholders to improve access to capital, profitability, risk management and reputation. Overall the guidance aims to help companies meet growing investor demand for ESG data and contribute to sustainable development.
Barclays ESG_Brochure_US_18_small Sustainable Investing and bond returns NOV ...Andrew Bellak
1) The document presents the findings of a study by Barclays Research into the relationship between environmental, social, and governance (ESG) factors and corporate bond portfolio performance.
2) The study found that applying a positive tilt to ESG factors resulted in a small but steady performance advantage for corporate bond portfolios, with no evidence of negative performance impact. The positive effect was strongest for governance factors.
3) The study contributes new evidence that ESG investing need not negatively impact bondholder returns and can be successfully applied to credit markets in addition to equity markets.
Agenda:
Part I
ESG Trends to Watch in 2021 - Alex G. Lee
The Role and ROI of ESG in Private Equity - Mike Spaeth
The state of the art AI innovations Status - Alex G. Lee
Part II
Status of AI applications for ESG - Alex G. Lee
Live Demos of AI applications for ESG analysis (ESG scoring, investing opportunities/risks identification) - Alex G. Lee
EcoVadis' (https://ecovadis.com/) Business Sustainability Ratings Practices - Mike Spaeth
Part III
Status of blockchain applications for ESG - Alex G. Lee
Introduction of DeFi- Alex G. Lee
DeFi based ESG financing platform development - Alex G. Lee
Part IV
Q&A & Discussion - Alex G. Lee & Mike Spaeth
A tour of the global ESG standards landscape, 100 days out from COP26, explaining how Inline XBRL, a building block approach to international standards consistency, and independent review of coming mandatory ESG disclosures will change reporting. Presented to the Taiwan Stock Exchange 21 July 2021.
When we conducted our inaugural environmental, social and governance (ESG) survey of private equity (PE) professionals last year, it was startling to see that nearly half (49%) of our general partner (GP) respondents did not have an ESG program at their firm and had no plans to create one, despite heightened concern from limited partners (LPs) on ESG issues. What a difference a year makes—not to mention the fact that we had a higher proportion of European respondents this year, who are much more progressive when it comes to ESG issues. In our second edition of the ESG survey, a majority of GP respondents (60%) now work at a firm with an established ESG program and another 26% either have an ESG program in development or plan to create one in the near future. However, there are still some PE firms that see little value in ESG programs. As one GP respondent put it: “we think [ESG] is the most asinine initiative ever to come out in the business world.”
While some PE firms eschew ESG issues and think that strong fund performance is enough to attract LP commitments, the LPs themselves are telling a different story. Eighty-four percent of LP respondents say that ESG issues are at least somewhat important when deciding whether or not to commit to a PE fund, with 18% claiming they are essential. Furthermore, 24% said they would they would commit to a fund with slightly lower historical performance if the firm had a strong ESG program. Remember, many of the largest contributors to PE funds are public pension plans, endowments, foundations and sovereign wealth funds—institutions which not only are interested in returns but also have an image to maintain. “GPs have to be more aware of investors’ desire for knowledge of their investments beyond just the financial return,” commented one LP respondent, while adding that the responsibility ultimately falls on the investors: “GPs will only change if the LPs push them to.”
One of the big takeaways from this year’s survey is that more PE firms are taking the necessary steps to make ESG a fundamental part of their investment approach. For example, 28% of GP respondents indicated that their firm produces a corporate social responsibility (CSR) report, up from 18% in 2012. And while finding effective metrics to monitor ESG performance continues to be the largest hurdle for ESG efforts, PE firms continue to find new ways to measure their ESG initiatives and have increasingly utilized forums, case studies and industry events and guidelines to fill the knowledge gap.
We hope that this survey serves as a lens into the current state of ESG issues in the PE industry and provides a starting point for developing a set of best practices that can be adopted by firms of all sizes. If you are interested in participating in future editions of the survey, or have any comments or suggestions for how we can improve this report, please contact us at research@pitchbook.com.
OECD Workshop: Measuring Business Impacts on People’s Well-being, Veronique M...StatsCommunications
This document introduces MSCI's ESG Sustainable Impact Metrics and taxonomy for classifying companies' products and services according to their contribution to addressing major social and environmental challenges. The taxonomy focuses corporate activities into 5 themes: Basic Needs, Empowerment, Climate Change, Natural Capital, and Sustainable Impact Solutions. It also provides a framework for selecting companies with meaningful positive impacts and minimizing exposure to those with potential negative impacts. The document illustrates how the MSCI ACWI Sustainable Impact Index estimates over $500 billion in annual revenues derived from sustainable impact themes.
Sustainability for Innovation & framework...Cyril Danthi
This document discusses sustainability and innovation in organizations. It notes that organizations can address social, economic, and environmental issues through both day-to-day management decisions and philanthropic efforts. Sustainability requires considering stakeholders' interests and moving from a focus on profits alone to balanced priorities of people, planet, and profit. Regulations are increasingly requiring organizations to measure and report on their sustainability performance. Innovation is key to both sustainability and business success, with benefits including cost savings, revenue growth, risk reduction, and reputation gains. The document outlines frameworks for identifying material issues, tracking performance, and driving sustainability-focused innovation.
Managing Risk for Sustainable Business by Dr David HillsonPMIUKChapter
Everyone agrees that “Sustainability is A Good Thing”, reinforced by the UN Sustainable Development Goals, the current emphasis on climate change, and the drive for green business. But our ability to achieve sustainability is uncertain, which has led to the development of Sustainability Risk Management (SRM).
If SRM is to be more than a label or the latest management fad, we need practical guidelines. In this keynote presentation, David Hillson describes a proven framework for SRM, based on the Five Capitals for Sustainability. Discover how a structured vulnerability assessment can be combined with the standard risk process to deliver sustainable projects, green businesses, and a better future for us all.
I had the privilege of giving a talk on Green Innovation to students from the National University of Singapore, where I summed up some thoughts that my team and I have had over the years we have had in this space.
NL:
ESG Routekaart.
De dwingende uitdaging waarvoor wij staan op het gebied van milieu is, om met zijn allen de beweging in gang te zetten om de gemiddelde opwarming van de aarde tot 1,5 graden te beperken. Sommige belanghebbenden, gouvernementele organisaties en banken, vragen regelmatig om verbetering en het aanscherpen van de Europese wetgeving met betrekking tot het klimaat. De EU zou tegen 2050 een totale reductie van de binnenlandse emissies van 80% moeten realiseren. Door een eenduidig stappenplan te borgen, is een concrete stap naar verduurzamen. Denk daarbij aan de interne- en externe belanghebbenden te betrekken voor de implementatie van initiatieven om CO2-emissies te verminderen, of een stap verder zou zijn, om de emissies te compenseren. De Routekaart beschrijft aan de hand van analyses, en sector specifieke KPI’s, modellen hoe dit beleid goed zou kunnen worden geborgd in een Environmental Socio-Economic Governance beleid. De Routekaart biedt op de lange termijn een kosten efficiënt pad naar een schonere, klimaatvriendelijke bedrijf.
Short biography of the presenter; Ginio Franker, September 1966, Suriname.
Position Learning and Development NLP-trainer & Transpersoonlijke coach + Climate Leader trained by Al Gore. "A Moral Call to Climate Change" + "Environmental Justice".
Website www.greandream.com.
EN:
ESG-ROADMAP
With the effects of climate change already upon us, the need to cut global greenhouse gas emissions is nothing less than urgent. It’s a daunting challenge, but the technologies and strategies to meet it exist today. A small set of ESG policies, designed and implemented well, can put us on the path to a low carbon future. ESG Key Performance Indicators are complex, so they must be sector specific, focused and cost-effective. One-size-fits-all approaches simply won’t get the job done. Sustainability managers need a clear, comprehensive resource that outlines the ESG policies that will have the biggest impact on our climate future, and describes how to implement these policies well within their own organisations.
We don’t need to wait for new technologies or strategies to create a low carbon future—and we can’t afford to. ESG-ROADMAP gives professionals the tools they need to select, design, and implement the policies that can put us on the path to a livable climate future.
The Environmental Social Governance challenges e.g: on regulatory and reputational risks, market scandals and new market opportunities makes ESG information a data source of growing importance. With ESG in company seminars, round table discussions, scholarships and online association programs, we leave no one behind. Sign up today. Zentrepreneur Environmental Social Governance Associates Training. (ZESGA).
contact@esgwatch.eu
+32485773608 BE
+31630092220 NL
Presentation by Vittorio Lusvarghi, chair of the Professional Accountants in Business Committee Sustainability Task Force, at the Institute of Cost Accountants of India's National Cost Convention, New Delhi, India, March 2012.
This document provides an overview of social auditing and corporate responsibility. It discusses the brief history of corporate responsibility programs and how they have developed over time. It then explains the key principles, criteria, and process involved in social auditing for corporations. The document emphasizes that determining material issues and prioritizing them is an important part of social auditing.
ESG DX enables effective integration of ESG sustainability into business strategy, model, and operations based on data-driven material ESG risks/opportunities/impacts assessment across supply and value chain.
ESG DX enables ESG sustainability data informed decision-making to lead an ESG sustainable company.
ESG DX enables ESG sustainability data gathering and sharing for sustainable development of innovative products/services and their manufacturing/providing.
ESG DX enables ESG sustainability serve as a growth engine by innovating company’s operations, products and services, as well as creating new revenue streams.
ESG DX enables automation of ESG sustainability performance measurement and reporting process.
Jo Jolly & Donnie Mac Nicol: The Race to Net Zero - are you on track with you...PMIUKChapter
“It’s not as bad as you think – it’s worse.” Sir James Bevan, Chief Executive, Environment Agency
The Project Data Analytics Task Force recently launched an initiative to prompt and inform project and data professionals on the actions they can take in relation to climate change, and how they can leverage their influence.
On the basis that you cannot control what you cannot measure, the Task Force has developed a Carbon Self-Evaluation tool. This allows benchmarking in and across sectors. The tool encourages bottom-up action while providing data that will challenge the effectiveness of top-down strategies and policies.
A key point is that the biggest untapped potential to contribute is through using data analytics to drive out waste in every aspect of project delivery. The objective is an environment in which ‘climate’ is inherent in every decision we make – to maximise the benefit for the environment and people, and to minimise detrimental impact. The challenge however is to overcome human and commercial barriers to this.
The role of AI in identifying emerging risks in financial servicesMaeva J. Charles
The session explores the role of AI and big data in improving risk management and building business resilience in Financial Services. You will get a broader perspective into emerging (also referred as non-financial or Environment, Social and Governance (ESG)) risks in Financial Services. Finally you will be walked through a case study with a leading bank on their use of AI to future-proof their organization.
Topics that are needed innovation in ESG Imperative for sustainable management, investing, and development. Related references are provided for consulting innovation insights.
I. Innovation Agenda for ESG Metrics
II. Innovation Agenda for ESG Sustainability Analyses
Ericsson Sustainability and Corporate Responsibility report highlights Ericsson Latin America
Ericsson's sustainability report highlights that:
- 90,000 employees have taken anti-corruption training and 71% feel efforts on sustainability have increased job satisfaction.
- Ericsson is the first ICT company to report under the UN Guiding Principles on Business and Human Rights framework.
- Initiatives like collecting over 10,000 tonnes of e-waste, reducing CO2 emissions per employee by 50%, and offerings that reduced CO2 by 1.4 million tonnes in 2014 show commitments to energy, environment and climate change.
- Over 350,000 refugees are registered in their Reunited database to help find separated families, and Connect to Learn has reached 21 countries and 4 million people through their
Ahead of the curve: Smart ESG Reporting for EAMs by Etops Group AGEtopsGroupAG
Etops Group AG provides financial technology solutions that make day-to-day work easier for clients in wealth management, private banking, family offices, and other sectors. They offer backend infrastructure and data services, as well as frontend reporting and dashboard solutions. Their clients include Globalance, a Swiss private bank that advises on sustainable investments and measures their impact. Etops helps add ESG transparency and analysis to portfolios through digital and paper reports.
The document provides guidance for companies listed on Nasdaq Nordic exchanges on reporting environmental, social and governance (ESG) metrics. It recommends a set of 11 ESG metrics that are most material for investors based on their prevalence in reporting frameworks, potential to impact company performance, and practicality for companies to report. The suggested metrics cover topics like greenhouse gas emissions, energy use, water and waste management, diversity and pay equity, and business ethics. Companies are encouraged to publicly report on these metrics and engage with stakeholders to improve access to capital, profitability, risk management and reputation. Overall the guidance aims to help companies meet growing investor demand for ESG data and contribute to sustainable development.
Barclays ESG_Brochure_US_18_small Sustainable Investing and bond returns NOV ...Andrew Bellak
1) The document presents the findings of a study by Barclays Research into the relationship between environmental, social, and governance (ESG) factors and corporate bond portfolio performance.
2) The study found that applying a positive tilt to ESG factors resulted in a small but steady performance advantage for corporate bond portfolios, with no evidence of negative performance impact. The positive effect was strongest for governance factors.
3) The study contributes new evidence that ESG investing need not negatively impact bondholder returns and can be successfully applied to credit markets in addition to equity markets.
Agenda:
Part I
ESG Trends to Watch in 2021 - Alex G. Lee
The Role and ROI of ESG in Private Equity - Mike Spaeth
The state of the art AI innovations Status - Alex G. Lee
Part II
Status of AI applications for ESG - Alex G. Lee
Live Demos of AI applications for ESG analysis (ESG scoring, investing opportunities/risks identification) - Alex G. Lee
EcoVadis' (https://ecovadis.com/) Business Sustainability Ratings Practices - Mike Spaeth
Part III
Status of blockchain applications for ESG - Alex G. Lee
Introduction of DeFi- Alex G. Lee
DeFi based ESG financing platform development - Alex G. Lee
Part IV
Q&A & Discussion - Alex G. Lee & Mike Spaeth
A tour of the global ESG standards landscape, 100 days out from COP26, explaining how Inline XBRL, a building block approach to international standards consistency, and independent review of coming mandatory ESG disclosures will change reporting. Presented to the Taiwan Stock Exchange 21 July 2021.
When we conducted our inaugural environmental, social and governance (ESG) survey of private equity (PE) professionals last year, it was startling to see that nearly half (49%) of our general partner (GP) respondents did not have an ESG program at their firm and had no plans to create one, despite heightened concern from limited partners (LPs) on ESG issues. What a difference a year makes—not to mention the fact that we had a higher proportion of European respondents this year, who are much more progressive when it comes to ESG issues. In our second edition of the ESG survey, a majority of GP respondents (60%) now work at a firm with an established ESG program and another 26% either have an ESG program in development or plan to create one in the near future. However, there are still some PE firms that see little value in ESG programs. As one GP respondent put it: “we think [ESG] is the most asinine initiative ever to come out in the business world.”
While some PE firms eschew ESG issues and think that strong fund performance is enough to attract LP commitments, the LPs themselves are telling a different story. Eighty-four percent of LP respondents say that ESG issues are at least somewhat important when deciding whether or not to commit to a PE fund, with 18% claiming they are essential. Furthermore, 24% said they would they would commit to a fund with slightly lower historical performance if the firm had a strong ESG program. Remember, many of the largest contributors to PE funds are public pension plans, endowments, foundations and sovereign wealth funds—institutions which not only are interested in returns but also have an image to maintain. “GPs have to be more aware of investors’ desire for knowledge of their investments beyond just the financial return,” commented one LP respondent, while adding that the responsibility ultimately falls on the investors: “GPs will only change if the LPs push them to.”
One of the big takeaways from this year’s survey is that more PE firms are taking the necessary steps to make ESG a fundamental part of their investment approach. For example, 28% of GP respondents indicated that their firm produces a corporate social responsibility (CSR) report, up from 18% in 2012. And while finding effective metrics to monitor ESG performance continues to be the largest hurdle for ESG efforts, PE firms continue to find new ways to measure their ESG initiatives and have increasingly utilized forums, case studies and industry events and guidelines to fill the knowledge gap.
We hope that this survey serves as a lens into the current state of ESG issues in the PE industry and provides a starting point for developing a set of best practices that can be adopted by firms of all sizes. If you are interested in participating in future editions of the survey, or have any comments or suggestions for how we can improve this report, please contact us at research@pitchbook.com.
OECD Workshop: Measuring Business Impacts on People’s Well-being, Veronique M...StatsCommunications
This document introduces MSCI's ESG Sustainable Impact Metrics and taxonomy for classifying companies' products and services according to their contribution to addressing major social and environmental challenges. The taxonomy focuses corporate activities into 5 themes: Basic Needs, Empowerment, Climate Change, Natural Capital, and Sustainable Impact Solutions. It also provides a framework for selecting companies with meaningful positive impacts and minimizing exposure to those with potential negative impacts. The document illustrates how the MSCI ACWI Sustainable Impact Index estimates over $500 billion in annual revenues derived from sustainable impact themes.
Sustainability for Innovation & framework...Cyril Danthi
This document discusses sustainability and innovation in organizations. It notes that organizations can address social, economic, and environmental issues through both day-to-day management decisions and philanthropic efforts. Sustainability requires considering stakeholders' interests and moving from a focus on profits alone to balanced priorities of people, planet, and profit. Regulations are increasingly requiring organizations to measure and report on their sustainability performance. Innovation is key to both sustainability and business success, with benefits including cost savings, revenue growth, risk reduction, and reputation gains. The document outlines frameworks for identifying material issues, tracking performance, and driving sustainability-focused innovation.
Managing Risk for Sustainable Business by Dr David HillsonPMIUKChapter
Everyone agrees that “Sustainability is A Good Thing”, reinforced by the UN Sustainable Development Goals, the current emphasis on climate change, and the drive for green business. But our ability to achieve sustainability is uncertain, which has led to the development of Sustainability Risk Management (SRM).
If SRM is to be more than a label or the latest management fad, we need practical guidelines. In this keynote presentation, David Hillson describes a proven framework for SRM, based on the Five Capitals for Sustainability. Discover how a structured vulnerability assessment can be combined with the standard risk process to deliver sustainable projects, green businesses, and a better future for us all.
I had the privilege of giving a talk on Green Innovation to students from the National University of Singapore, where I summed up some thoughts that my team and I have had over the years we have had in this space.
NL:
ESG Routekaart.
De dwingende uitdaging waarvoor wij staan op het gebied van milieu is, om met zijn allen de beweging in gang te zetten om de gemiddelde opwarming van de aarde tot 1,5 graden te beperken. Sommige belanghebbenden, gouvernementele organisaties en banken, vragen regelmatig om verbetering en het aanscherpen van de Europese wetgeving met betrekking tot het klimaat. De EU zou tegen 2050 een totale reductie van de binnenlandse emissies van 80% moeten realiseren. Door een eenduidig stappenplan te borgen, is een concrete stap naar verduurzamen. Denk daarbij aan de interne- en externe belanghebbenden te betrekken voor de implementatie van initiatieven om CO2-emissies te verminderen, of een stap verder zou zijn, om de emissies te compenseren. De Routekaart beschrijft aan de hand van analyses, en sector specifieke KPI’s, modellen hoe dit beleid goed zou kunnen worden geborgd in een Environmental Socio-Economic Governance beleid. De Routekaart biedt op de lange termijn een kosten efficiënt pad naar een schonere, klimaatvriendelijke bedrijf.
Short biography of the presenter; Ginio Franker, September 1966, Suriname.
Position Learning and Development NLP-trainer & Transpersoonlijke coach + Climate Leader trained by Al Gore. "A Moral Call to Climate Change" + "Environmental Justice".
Website www.greandream.com.
EN:
ESG-ROADMAP
With the effects of climate change already upon us, the need to cut global greenhouse gas emissions is nothing less than urgent. It’s a daunting challenge, but the technologies and strategies to meet it exist today. A small set of ESG policies, designed and implemented well, can put us on the path to a low carbon future. ESG Key Performance Indicators are complex, so they must be sector specific, focused and cost-effective. One-size-fits-all approaches simply won’t get the job done. Sustainability managers need a clear, comprehensive resource that outlines the ESG policies that will have the biggest impact on our climate future, and describes how to implement these policies well within their own organisations.
We don’t need to wait for new technologies or strategies to create a low carbon future—and we can’t afford to. ESG-ROADMAP gives professionals the tools they need to select, design, and implement the policies that can put us on the path to a livable climate future.
The Environmental Social Governance challenges e.g: on regulatory and reputational risks, market scandals and new market opportunities makes ESG information a data source of growing importance. With ESG in company seminars, round table discussions, scholarships and online association programs, we leave no one behind. Sign up today. Zentrepreneur Environmental Social Governance Associates Training. (ZESGA).
contact@esgwatch.eu
+32485773608 BE
+31630092220 NL
Presentation by Vittorio Lusvarghi, chair of the Professional Accountants in Business Committee Sustainability Task Force, at the Institute of Cost Accountants of India's National Cost Convention, New Delhi, India, March 2012.
This document provides an overview of social auditing and corporate responsibility. It discusses the brief history of corporate responsibility programs and how they have developed over time. It then explains the key principles, criteria, and process involved in social auditing for corporations. The document emphasizes that determining material issues and prioritizing them is an important part of social auditing.
ESG DX enables effective integration of ESG sustainability into business strategy, model, and operations based on data-driven material ESG risks/opportunities/impacts assessment across supply and value chain.
ESG DX enables ESG sustainability data informed decision-making to lead an ESG sustainable company.
ESG DX enables ESG sustainability data gathering and sharing for sustainable development of innovative products/services and their manufacturing/providing.
ESG DX enables ESG sustainability serve as a growth engine by innovating company’s operations, products and services, as well as creating new revenue streams.
ESG DX enables automation of ESG sustainability performance measurement and reporting process.
Jo Jolly & Donnie Mac Nicol: The Race to Net Zero - are you on track with you...PMIUKChapter
“It’s not as bad as you think – it’s worse.” Sir James Bevan, Chief Executive, Environment Agency
The Project Data Analytics Task Force recently launched an initiative to prompt and inform project and data professionals on the actions they can take in relation to climate change, and how they can leverage their influence.
On the basis that you cannot control what you cannot measure, the Task Force has developed a Carbon Self-Evaluation tool. This allows benchmarking in and across sectors. The tool encourages bottom-up action while providing data that will challenge the effectiveness of top-down strategies and policies.
A key point is that the biggest untapped potential to contribute is through using data analytics to drive out waste in every aspect of project delivery. The objective is an environment in which ‘climate’ is inherent in every decision we make – to maximise the benefit for the environment and people, and to minimise detrimental impact. The challenge however is to overcome human and commercial barriers to this.
The role of AI in identifying emerging risks in financial servicesMaeva J. Charles
The session explores the role of AI and big data in improving risk management and building business resilience in Financial Services. You will get a broader perspective into emerging (also referred as non-financial or Environment, Social and Governance (ESG)) risks in Financial Services. Finally you will be walked through a case study with a leading bank on their use of AI to future-proof their organization.
Topics that are needed innovation in ESG Imperative for sustainable management, investing, and development. Related references are provided for consulting innovation insights.
I. Innovation Agenda for ESG Metrics
II. Innovation Agenda for ESG Sustainability Analyses
Ericsson Sustainability and Corporate Responsibility report highlights Ericsson Latin America
Ericsson's sustainability report highlights that:
- 90,000 employees have taken anti-corruption training and 71% feel efforts on sustainability have increased job satisfaction.
- Ericsson is the first ICT company to report under the UN Guiding Principles on Business and Human Rights framework.
- Initiatives like collecting over 10,000 tonnes of e-waste, reducing CO2 emissions per employee by 50%, and offerings that reduced CO2 by 1.4 million tonnes in 2014 show commitments to energy, environment and climate change.
- Over 350,000 refugees are registered in their Reunited database to help find separated families, and Connect to Learn has reached 21 countries and 4 million people through their
Ahead of the curve: Smart ESG Reporting for EAMs by Etops Group AGEtopsGroupAG
Etops Group AG provides financial technology solutions that make day-to-day work easier for clients in wealth management, private banking, family offices, and other sectors. They offer backend infrastructure and data services, as well as frontend reporting and dashboard solutions. Their clients include Globalance, a Swiss private bank that advises on sustainable investments and measures their impact. Etops helps add ESG transparency and analysis to portfolios through digital and paper reports.
This presentation follows on our previous work from measuring the impact and return on investment of social, community, enterprise development programs. This presentation provides evidence of our work, our methodology and the impact that we measure of development practices. Our impact assessment methodology was developed for Africa, by Africa and is aimed at practitioners from both the investment and development fraternity.
Next Generation Consultants provides consulting services to organizations in the community investment and development sectors. They conduct research on global and local trends and forecasts in these areas. Their 2016/2017 report identifies several prevailing trends between 2013-2016, including the resource squeeze due to scarce funding, an upward spiral of increased need, and the need for advocacy to address systemic barriers. Other trends include demands for increased transparency about outcomes, acknowledging the true costs of operations and grantmaking, and greater scrutiny of governance and financial practices. The report also notes emerging issues like data visualization, online engagement, leadership and skills challenges, and experimentation with new organizational structures for social good.
This presentation follows on previous (2013,2014,2015) presentations and provides an overview of the latest trends as well insight into the future for social, community investment and development practitioners in South Africa.
Reporting a multiple linear regression in apaKen Plummer
A multiple linear regression was calculated to predict weight based on height and sex. A significant regression equation was found (F(2,13)=981.202, p<.000), with an R2 of .993. Participants' predicted weight is equal to 47.138 + 2.101(height) - 39.133(sex), where height is measured in inches and sex is coded as 0 for male and 1 for female. Both height and sex were significant predictors of weight.
The document discusses sustainability reporting and community engagement. It defines sustainability reporting as measuring, disclosing and being accountable for organizational performance against environmental, social and governance goals. It emphasizes that sustainability reporting involves measurement, is a recurring process, and requires stakeholder engagement. The document also discusses linking community social investment to sustainability reporting and using reporting to engage stakeholders.
This document provides an overview of corporate responsibility, sustainability, and sustainability reporting. It defines key terms, discusses drivers and challenges, and outlines frameworks for implementing sustainability strategies. The key messages are that sustainability is important for managing risks and opportunities, meeting stakeholder demands, and gaining competitive advantages through innovation. Frameworks emphasize understanding impacts across economic, social, and environmental dimensions.
Integrated reporting is an evolution from annual financial reporting and sustainability reporting to a holistic approach that provides strategic information to stakeholders. Facilities managers play an important role by gathering performance data on facilities' environmental and social impacts and identifying opportunities to reduce costs through sustainable operations. Adopting integrated reporting helps facilities benchmark performance, strengthen stakeholder relationships, and achieve internal benefits such as resource savings and risk reduction.
This document discusses corporate reporting and its changing landscape. It explains that corporate reporting involves disclosing both financial and non-financial information about a company's performance and operations. It then explores the impact of corporate reporting on businesses and stakeholders through transparency and informed decision making. The document also discusses concepts like corporate social responsibility reporting, integrated reporting, sustainability reporting, and challenges associated with corporate reporting.
This document discusses the evolution of sustainability reporting to integrated reporting and the impact on public relations. It provides the following key points:
1) Integrated reporting requires companies to strategically manage operations, brand, and reputation by considering financial and sustainability issues and allowing stakeholder influence on business strategy.
2) It marks a shift from companies telling their story to enabling stakeholders to make informed assessments. This requires new skills around stakeholder engagement, documenting engagement processes, and ensuring material issues are managed.
3) For public relations, it expands the focus from specific stakeholder groups to all stakeholders. Practitioners must now take a lead in engagement, contribution to reporting, and issues management around material topics.
This document discusses achieving no net loss or net positive impacts for biodiversity through implementing the mitigation hierarchy. It notes that while investments in development are growing, existing environmental processes do not ensure no net loss of biodiversity. The mitigation hierarchy of avoidance, minimization, restoration, and offsetting can help achieve net positive impacts if offsets provide measurable conservation outcomes to compensate for remaining impacts after prevention and mitigation. The document also discusses challenges and opportunities for different stakeholders like governments, companies, and financial institutions to work together to progress beyond compliance and adequately protect biodiversity.
This document discusses the importance of sustainability, ESG, and CSR practices in Malaysia. It notes that Bursa Malaysia introduced sustainability reporting requirements in 2006, but these initially focused more on social aspects and philanthropy rather than business operations. Globally, leading organizations now integrate sustainability more fully. The document outlines several benefits of sustainability reporting and practices, including reducing risk, staying ahead of regulations, lowering the cost of capital, promoting innovation, and enhancing reputation. It also discusses how organizations can embed sustainability and align with UN SDGs. Malaysian companies' ESG scores have generally improved over time.
The document discusses social responsibility accounting (SRA), which involves voluntary reporting of non-financial information like employee welfare, environmental protection, and community initiatives. It notes challenges with SRA disclosure like a lack of legislation and uniform standards. The document also outlines objectives of SRA, areas of reporting, advantages, and ways to improve SRA disclosure practices.
Presentation may 2014 rmit sustainability and integrated reportingMike Sewell
This document discusses sustainability and integrated reporting. It begins by outlining the objectives of the presentation, which are to share knowledge on sustainability and integrated reporting, provide case studies and resources, discuss various aspects of sustainability reporting, and provide insight into changes to business models. It then covers topics like the different meanings of sustainability, key aspects of sustainability from an environmental perspective, and resources on sustainability reporting frameworks and standards. The document argues that integrated reporting is an evolution that links strategy, governance, and financial performance with social, environmental and economic context to help businesses make more sustainable decisions and provide better information to stakeholders.
Slideshareersion strategic report regulations guidance for companies and inv...Ardea International
Environmental, social governance issues have financial implications on how companies recognise, diagnose, manage and disclose their information. The legal and investor angle is discussed, together with how to diagnose the financial risk
Considering the drivers for creating a sustainable business in the events sector and beyond, using ISO20121 and the GRI events sector reporting template as a framework for change
Monitoring and Evaluation of International Development Assistance to the Priv...CesToronto
Effective monitoring and evaluation (M&E) systems are essential to learning and accountability. M&E system reviews provides perspective on what is working well, where there are gaps in coverage or weaknesses that need to be addressed, how the M&E information is actually used in decision making, and whether the system is efficient. This session will demonstrate the methods, tools and results in assessing the functioning of the M&E systems of the World Bank Group’s private sector operations in two specialized agencies: the International Finance Corporation and the Multilateral Investment Guarantee Agency.
Demand for evaluation services is growing in the impact investing industry. Yet, much of the evaluation community remains unaware of the industry and its performance assessment requirements. This paper proposes five channels, or doorways, through which professional evaluators can learn about and engage with the field of impact investing.
Demand for evaluation services is growing in the impact investing industry. Yet, much of the evaluation community remains unaware of the industry and its performance assessment requirements. This paper proposes five channels, or doorways, through which professional evaluators can learn about and engage with the field of impact investing.
Promoting and Enabling Responsible Business ConductEthical Sector
On 5 July, Myanmar Centre for Responsible Business (MCRB) together with the Directorate of Investment and Companies Administration (DICA) and the Organisation for Economic Co-operation and Development (OECD) held the inaugural event for a new series of Responsible Business Seminars.
Read more: http://www.myanmar-responsiblebusiness.org/news/seminar-series-due-diligence.html
The document discusses strategic approaches to sustainability for businesses, including implementing standards like ISO 20121 and GRI reporting frameworks. It covers topics like the business case for sustainability, regulatory landscape changes, integrating sustainability into operations and supply chains, and reporting on sustainability performance. The presentation provides an overview of sustainability issues, standards, and strategies that businesses in the events sector should consider.
This document provides information about IHS Inc., a leading information and analytics company, and its approach to corporate sustainability. It discusses IHS's financial performance, sectors and global operations. It emphasizes that corporate sustainability helps attract talent, drive innovation and supports long-term profitability. The document outlines IHS's sustainability initiatives including establishing sustainability as a corporate goal and participation in sustainability index assessments to improve performance. IHS aims to be a sustainability leader and integrate it throughout its culture and solutions to enable efficiency and long-term success.
Measuring social impact nyu presentation (1)Nerissa Clarke
Summary of my research findings on Social Return of Investment (SROI) metrics: What makes a "socially responsible" company? How do we measure it? What can we learn from the measurement systems that already exist? How can we get businesses to care about maximizing social impact?
Large, complex engineering and construction programs may be found in all industry sectors ranging from extractive industries such as oil, gas and mining through infrastructure programs for transportation, water and power. Common to all of these programs is the potential they have to positively or negatively influence financial, social and environmental performance of both the implementing organization as well as the communities and stakeholders they touch.
Together, financial, social and environmental outcomes define the three elements of sustainability or a program’s “triple bottom line”
The attached paper looks at some of the challenges and opportunities programs present as well as a framework for application of sustainability principles in a program management approach.
Similar to Reporting community investment and development in Sustainability Reports (20)
Executive Summary: 2020 Research Report: This presentation focuses on the status of the social and impact investment sectors, and provides hindsight, foresight and insight into trends and emerging (best) practices globally, but also with a specific focus on development practice in Africa.
The document summarizes trends in social investment and development in Africa in 2017 based on research conducted by Next Generation Consultants. Some of the key trends discussed include:
1) The growth of blended finance models that combine different types of funding like grants, loans, equity and impact investment, indicating a larger pool of resources and new investment themes.
2) An increased focus on measurement, evaluation and impact assessment to understand social interventions and ensure return on investments.
3) The rise of social enterprises, impact investors and for-profit models of development, showing it is possible to address social issues through economic solutions.
4) Younger generations of donors and investors prioritizing causes around inclusiveness, gender
How to measure the impact of social and impact investments. A guide to measure both impact and return on investment. Specifically developed for development practitioners who want to enrich their M&E or MEL practices.
Impact assessment methodology specifically developed for measuring impact of development programs.
Reana Rossouw
Next Generation Consultants
www.nextgeneration.co.za
Extensive research report of trends, forecasts and impacts for the social investment and development sectors in Africa. Challenges, opportunities, impact and return on investment
A detailed impact assessment methodology developed by Next Generation Consultants for determining impact and return on investment for the grantmaking and social development sectors.
Grantmaking: Executive Summary of research report 2017/2018: Reflections and insights from Africa regarding the social investment and development sectors.
This document provides an overview of trends in the grantmaking sector in 2016 based on research conducted by Next Generation Consultants. Key findings include:
- Less than 10% of grantmakers conducted impact assessments or evaluations to measure the impact of their programs.
- Collaboration and transparency in the sector remained low despite acknowledgement of their importance.
- The education system faced major challenges such as high dropout rates and unemployment despite funding from grantmakers. However, interventions by grantmakers tended to be short-term and siloed rather than aimed at systemic issues.
- Overall the research found that the sector failed to adequately address complex social issues and missed opportunities to adapt to changing needs. New approaches that take interconnected systems into account
Presentation delivered to MBA students about the importance of social capital. What it is, how to measure it, case studies and applications. How it is different to other capitals and what is happening in the field.
This presentation was given at the Sustainable Brands Africa Conference in May 2016. It provides case studies and lessons learnt of conducting numerous impact assessments. It also provides advice of how to conduct impact assessments, what indicators to consider and how to determine return on investment
The document discusses trends in corporate social investment and partnerships with NGOs. It outlines how approaches have shifted from traditional philanthropy to more strategic, long-term investments aligned with business objectives. Common reasons for social investment failures include a lack of local context understanding, insufficient community participation, unclear objectives, and failure to ensure sustainability or measure impact. The document provides suggestions for best practices like multi-year funding and common performance metrics to improve partnerships between companies and NGOs.
The document discusses the challenges that mining companies face in effectively engaging with stakeholders. It provides evidence that poor stakeholder relations have negatively impacted production at mines. Common mistakes made by companies include inadequate risk assessments, not involving stakeholders in engagement processes, and a lack of strategic engagement across the project lifecycle. Effective stakeholder engagement requires identifying the right stakeholders, choosing appropriate engagement activities, dedicating sufficient resources, and establishing clear rules of engagement. It also discusses considerations for including marginalized groups and handling opponents. Overall, the key message is that stakeholder engagement is complex and critical for mining project success but often done poorly.
This document outlines the process for conducting a human rights impact assessment for BHP Billiton, a mining company. It discusses conducting a country risk assessment, compliance assessment against international standards, and impact/risk assessment through stakeholder engagement. Key findings include medium risk and impact levels. The proposed human rights management plan includes appointing resources, training, awareness campaigns, monitoring processes, reporting, and integrating human rights across company relationships and operations.
How to measure the impact and return on investment of social/community investment and development. This presentation contains evidence of successful measurement and provides case studies of typical measurement aspects. More information is provided on: www.nextgeneration.co.za
The document provides an overview of a briefing on impact investment from Next Generation Consultants. Some key points:
1) The briefing discusses the need for an impact investment index for Africa that takes into account the complexities of development contexts on the continent. Existing global models of impact measurement are not always applicable.
2) The proposed Impact Investment Index aims to create a shared performance measurement system for social investment and community development organizations to improve coordination, reduce costs, and better assess collective impact.
3) Impact assessments should distinguish between measuring performance, outcomes, and long-term impacts. The ultimate goal is to understand the tangible and intangible effects of investments and determine what changes can be attributed to interventions.
This document summarizes trends in sustainability and integrated reporting in 2013. Key points include: sustainability has become mainstream and boosts profits; companies are setting tough sustainability goals and reaping benefits from sustainability reporting; reporting is becoming more integrated across financial and non-financial metrics; and materiality or issues most important to investors are becoming a priority in reporting. Implementation of integrated reporting requires organizational change and will take 3-5 years for many companies.
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During the budget session of 2024-25, the finance minister, Nirmala Sitharaman, introduced the “solar Rooftop scheme,” also known as “PM Surya Ghar Muft Bijli Yojana.” It is a subsidy offered to those who wish to put up solar panels in their homes using domestic power systems. Additionally, adopting photovoltaic technology at home allows you to lower your monthly electricity expenses. Today in this blog we will talk all about what is the PM Surya Ghar Muft Bijli Yojana. How does it work? Who is eligible for this yojana and all the other things related to this scheme?
NIMA2024 | De toegevoegde waarde van DEI en ESG in campagnes | Nathalie Lam |...BBPMedia1
Nathalie zal delen hoe DEI en ESG een fundamentele rol kunnen spelen in je merkstrategie en je de juiste aansluiting kan creëren met je doelgroep. Door middel van voorbeelden en simpele handvatten toont ze hoe dit in jouw organisatie toegepast kan worden.
The APCO Geopolitical Radar - Q3 2024 The Global Operating Environment for Bu...APCO
The Radar reflects input from APCO’s teams located around the world. It distils a host of interconnected events and trends into insights to inform operational and strategic decisions. Issues covered in this edition include:
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The report *State of D2C in India: A Logistics Update* talks about the evolving dynamics of the d2C landscape with a particular focus on how brands navigate the complexities of logistics. Third Party Logistics enablers emerge indispensable partners in facilitating the growth journey of D2C brands, offering cost-effective solutions tailored to their specific needs. As D2C brands continue to expand, they encounter heightened operational complexities with logistics standing out as a significant challenge. Logistics not only represents a substantial cost component for the brands but also directly influences the customer experience. Establishing efficient logistics operations while keeping costs low is therefore a crucial objective for brands. The report highlights how 3PLs are meeting the rising demands of D2C brands, supporting their expansion both online and offline, and paving the way for sustainable, scalable growth in this fast-paced market.
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Presentation by Herman Kienhuis (Curiosity VC) on Investing in AI for ABS Alu...Herman Kienhuis
Presentation by Herman Kienhuis (Curiosity VC) on developments in AI, the venture capital investment landscape and Curiosity VC's approach to investing, at the alumni event of Amsterdam Business School (University of Amsterdam) on June 13, 2024 in Amsterdam.
2. What is sustainability?
• The term sustainable development means different things
to different people:
– But in essence - it is concerned with meeting the needs of
people today without compromising the ability of future
generations to meet their own needs:
• Sustainable Development therefore involves:
– A broad view of economic, social and environmental risks,
challenges, and opportunities
– A long term future perspective concerned with the interests
and rights of current and future generations
– An inclusive approach to action that recognises the need of all
people to be involved in the decisions that affect and impact
their lives
3. Key Drivers of Sustainability
• Competition for resources
– Population growth, finite resources (water,
energy, forests, ecosystems)
• Climate change
– Fossil-fuel based economy lead to a
concentration of greenhouse gases that is
driving extreme weather patterns
• Regulation
– Reporting compliance, industry sector
compliance and resource (water/carbon)
regulation and taxes have a greater impact
on licence to operate conditions.
Companies now need to comply, apply or
explain why they don’t
• Economic globalisation
– Companies operating/sourcing in multiple
countries with wide disparities of
environmental and social standards
• Connectivity and communications
– Reputation can be built and destroyed in
seconds and is increasingly disaggregated
across multiple social networks –
considering all stakeholders requirements
and expectations not only shareholders is
becoming more important
4. Driving value • Companies that adopt
sustainable business
from strategies and practices drive
sustainability value by:
– Growing revenue through new
products and services
– Reducing costs through
efficiency gains
– Managing operational and
regulatory risk more effectively
– Building intangible assets such
as their brand, reputation and
collaborative networks
5. The Sustainability Pathway
Cost Saving Resilience
Efficiency New Future
Revenue Protection New Revenue Streams
Compliance
Reputation Connectivity
Risk Stakeholders
Management
Licence to Operate
Revenue Generation
Freedom to Operate
Source: Next Generation Consultants – www.nextgeneration.co.za
6. Integrating Sustainability
• Go Deep
– Integrate and embed sustainability
into the company strategy and
standard operating practices
• Go Wide
– Engage and leverage the value chain
• Go Long
– Short-term focus – long-term
objectives
• Go Local
– Shared responsibility that needs local
action and commitment
Model: UN Global Compact
6
7. Sustainability Reporting
• Sustainability Reporting is the
practice of measuring, disclosing
and being accountable to
internal and external
stakeholders for organisational
performance against specific
environmental, social and
governance goals and metrics
that support sustainable
development, and for how
sustainability is incorporated into
the company’s overall strategy
and policies.
7
8.
9.
10. HAND OUT: GRI 3.1 SUMMARY
PRACTICAL: EVALUATING REPORTS
15. GRI Indicators for CSI
• EC1
– Direct economic value generated and distributed,
including revenues, operating costs, employee
compensation, donations and other community
investments, retained earnings, payments to capital
providers and government
• EC6
– Policy, practices, and proportion of spending on locally
based suppliers at significant locations of operation. –
Enterprise development
• EC8
– Development and impact of infrastructure
investments and services provided primarily for public
benefit through commercial, in-kind or pro bono
engagement
• SO1
– Percentage of operations with implemented local
community engagement, impact assessments, and
development programs
• SO9
– Operations with significant potential or actual
negative impacts on local communities
• SO10
– Prevention and mitigation measures implemented in
operations with significant potential or actual negative
impacts on local communities
16. Disclosure on Management Approach
(DMA) (1)
• A statement from the most senior executive :
– This person will have operational responsibility for Society aspects explaining how operational
responsibility is divided at senior management level.
– Also explain the division of responsibility for impacts on local communities in the highest governance
level.
– Inform if and how work councils, occupational health and safety committees and/or other
independent employee representation bodies are empowered to deal with and have dealt with
impacts on local communities.
• Provide a contextual introduction to the social/community section: Inclusive of:
– Training and awareness – in relation to community /society aspects
– Monitoring and follow up – procedures related to monitoring and corrective and preventative actions,
including those related to the supply chain
– List of certifications for performance or certification systems or other approaches to auditing/verifying
the reporting organisation or its supply chain
– Procedures related to assessing the risks and managing impacts on local communities.
– This should also include information on how data was collected, and the process for selecting the
local community members (individual or group) from whom data was collected
• Provide organisational goals pertaining to communities
• Use specific organisational indicators as needed in conjunction with GRI indicators to
demonstrate the results of performance against goals
• Address the extend to which organisational goals contribute to or interfere with the collective
rights of communities
17. Disclosure on Management Approach
(DMA) (2)
• Provide or describe the organisational policy that define the
organisation’s commitment related to communities, with
specific reference to:
– References/statements regarding the collective rights of
communities
– Risk assessment for impact on local communities, through the
whole life cycle
– Mitigation of impacts on communities
– Engagement with both men and women in local communities
– Application of policy within or throughout the organisation
• Additional contextual information:
– Key successes and shortcomings
– Major organisational risks and challenges
– Major changes in the reporting period to systems or structures to
improve performance
– Key strategies and procedures for implementing policies or
achieving goals
18. Indicators in Detail (1)
EC1 – Voluntary donations and investment of funds in the broader community where the
Community target beneficiaries are external to the company.
Investments These include contributions to charities, NGOs and research institutes (unrelated to
company R&D), funds to support community infrastructure and direct costs of
social programs.
The amount included should account for actual expenditures in the reporting
period, not commitments.
For infrastructure investments, the calculation of the total investment should include
costs of goods and labour in addition to capital costs. For supporting of on-going
facilities or programs (e.g. an organisation funds the daily operations of a public
facility), the reported investment should include operating costs.
This excludes legal and commercial activities or where the purpose of the investment
is exclusively commercial.
Donations to political parties are included but are also addressed separately in more
detail in SO6.
Any infrastructure investment that is driven primarily by core business needs (e.g.
building a road to a mine or factory) or to facilitate the business operations of the
organisation should not be included. The calculation of investment may include
infrastructure built outside the main business activities of the reporting organisation,
such as a school or hospital for employees and their families.
19. Indicators continue (2)
EC6 • Report geographic definition of ‘local’
Policy, practices and proportion • Percentages should be based on invoices
of spending on locally based • Report the policy for preferring locally based
suppliers at significant locations suppliers
• State the percentage of the procurement
budget used that is spend on suppliers
• Indicate the factors that influence supplier
selection
EC8 • Explain the extent of development (size, cost,
Development and impact of duration) of investment and support and the
infrastructure investments and current or expected impacts (positive or
services provided primarily for negative) on communities and local economies.
public benefit through Indicate whether these investments and
commercial, in-kind, or pro bono services are commercial, in-kind or pro bono
engagement • Report whether the organisation conducted a
community needs assessment to determine
infrastructure and other services needed, if so,
explain the results of the assessment
20. Indicators Continue (3)
SO1 • Identify the total number of operations
Percentage of operations • Identify organisation wide local community engagement,
with implemented local impact assessments and development programs
• Report the percentage of operations with implemented
community engagement,
community engagement, impact assessments and development
impact assessments and programs including, but not limited to:
development programs • Social impact assessments, including gender impact
assessments, based on participatory processes
Document sources may include: • Environmental impact assessments and on-going
monitoring
Baseline studies - health, • Public disclosure of results of environmental and social
economic, environment, impact assessments
cultural, etc. • Local community development programs based on local
Social impact assessments, community needs
gender impact assessments, • Stakeholder engagement plans based on stakeholder
human rights impact mapping
assessments, environmental • Broad based local community consultation committees
impact assessments, social and and processes that include vulnerable groups
labour plans, resettlement • Work councils, occupational health and safety
action plans, community committees and other employee representation bodies to
development plans, grievance deal with impacts
and complaints mechanisms, • Formal local community grievance processes
public/ community consultation
plans
21. Indicators Continue (5)
SO9 All data collected with GRI indicators – eg. EC9, EN1, EN3, EN8, EN12, EN14, LA8, HR6-9,
Operations PR1-2 - Actual performance data, internal investment plans and associated risk
with assessments - Including:
• Vulnerability and risk to local communities from potential impacts due to:
significant • Degree of physical or economic isolation
potential • Level of socio economic development including gender equality
or actual • State of socio economic infrastructure
• Proximity to operations
negative • Level of social organisations
impacts on • Strength and quality of governance of local and national institutions around local
local communities
communi- • Identify exposure of community to operations due to higher than average use
ties of/impact on shared resources through:
• Use of hazardous substances that impact on the environment and human health in
general
• Volume and type of pollution released
• Status as major employer in local community
• Land conversion and resettlement
• Natural resources competition
• Identify significant potential and actual negative economic, social, cultural and
environmental impacts and their rights, considering:
• Intensity and severity of impact
• Likely duration of impact
• Reversibility of impact
• Scale of impact
22. Indicators Continue (6)
SO10 Use the information on potential and
Prevention and mitigation measures actual negative impacts reported in SO9.
implemented in operations with Report whether –
significant potential or actual negative • Prevention and mitigation measures
impacts on local communities were implemented
• Prevention and mitigation measures
were implemented in order to:
• Remediate non-compliance with
laws or regulations
• Maintain compliance with laws
or regulations
• Achieve a standard beyond legal
compliances
• Prevention and mitigation
objectives were achieved or not
23. What this means for practitioners
• There is no place to hide
– You have to measure impact
• You cannot just report on
quantitative impacts
– The numbers and budgets
• You have to be transparent
– Include positive and negative
impact, intended and unintended
impact, across the triple bottom
line
• The more research and
information you have the higher
the impact and therefore your ability to
report increases
• Remember
– In future this will be assured – so
you cannot wait – learning and
testing needs to happen now so
that you are ready for the auditors
24. Contact
• Reana Rossouw
• Next Generation Consultants
• Specialists in Corporate Sustainability and Integrated Sustainability as well Socio Economic
Investment and Development
• Tel: (011) 258 8616
• E-mail: rrossouw@nextgeneration.co.za
• Web: www.nextgeneration.co.za
• PLEASE NOTE: THIS PRESENTATION IS PART OF A LARGER BODY OF RESEARCH!
• THIS INFORMATION IS COPYWRITED AND THE INTELLECTUAL PROPERTY OF
NEXT GENERATION CONSULTANTS