Getting started with Governance 2.0: triple bottom line supervisory
How sustainability can improve stakeholder value, shareholder value and will allow you to recruit young talent looking for purpose.
Companies are more or less ambitious when it comes to sustainability. Traditional companies who are not really driving a CSR agenda, companies with an opportunistic approach that act when it serves them well and companies that are truly transformational. A good example of a transformational company is Tony Chocolonely. The good news is, the trend is upward.
An observation is that consumer brands have a better responsibility policy than B2B companies. Corporate social responsibility is driven by consumers buying preferences. You could argue that B2C companies contribute to the sustainability effort of B2B companies by selecting companies with a solid CSR policy in their upstream raw materials procurement.
The Green Economic Coalition is focussing on changing finance, Economics for nature and measure what matters. Financial institutions are still failing to account for the damage their investments do to our societies. We value “nature”, but we lose it because we assume it is free. Creating new tools to measure success taking into account ecological damage, social inequality.
The integrated Reporting framework helps to complete financial and sustainability reports. IR enables an organization to communicate in a clear, articulate way how it is drawing on all the resources and relationships it utilizes to create and preserve value in the short, medium and long term
The Dow Jones Sustainability™ World Index comprises global sustainability leaders as identified by SAM (Sustainable Asset Management) The key factor in selecting constituents for any DJSI index is a company’s Total Sustainability Score (TSS), calculated under RobecoSAM’s annual Corporate Sustainability Assessment (CSA questionnaire).
The Sustainable Development Goals are 17 global goals set by the United Nations. It is a call to action to end poverty, protect the planet and ensure that all people enjoy peace and prosperity by 2030.
Around a third of all food produced for human consumption is lost or wasted from the farm to the fork.
The aim of SDG goals 12.3 is to halve per capita global food waste at the retail and consumer levels and reduce food losses along production and supply chains, including post-harvest losses.
Champions123 https://champions123.org/the-champions/ is a coalition of people driving action to achieve goals 12.3.
Setting Goals that Matter. Sustainability Accounting Standards Board focuses on financially material issues to help businesses around the world report on the sustainability topics that matter most to their investors.
*Externality is a consequence of an industrial or commercial activity that
affects other parties without this being reflected in market prices.