Sustainability 1 - PowerPoint PPT Presentation


PPT – Sustainability 1 PowerPoint presentation | free to download - id: 2746f8-YTU1N


The Adobe Flash plugin is needed to view this content

Get the plugin now

View by Category
About This Presentation

Sustainability 1


'At its core, sustainability is about being responsible with resources people, ... John F. Herber, Jr., Horizons, RubinBrown, Spring 2009. What is Sustainability? ... – PowerPoint PPT presentation

Number of Views:48
Avg rating:3.0/5.0
Slides: 17
Provided by: johnke2
Learn more at:


Write a Comment
User Comments (0)
Transcript and Presenter's Notes

Title: Sustainability 1

  • Sustain
  • To give support to
  • Support the weight of
  • Keep up or prolong
  • To bear up under
  • Sustaining
  • Aiding in the support of an organization through
    a special fee (sustaining member)
  • Sustained yield
  • Production of a biological resource under
    management procedures which insure replacement of
    the part harvested by regrowth or reproduction
    (ca. 1905)

What is Sustainability?
  • Meeting our societys needs in ways that dont
    compromise the ability of future generations to
    meet theirs.
  • At its core, sustainability is about being
    responsible with resources people, land,
    energy, water, materials and capital.
  • Clark S. Davis, Vice Chairman HOK, A Green
    Convergence Linking Environmental and
    Organizational Sustainability, Horizons,
    RubinBrown, Spring 2009.

What is Sustainability?
  • The word sustainability is all too often
    confused with simple survival in challenging
    economic conditions
  • Now is the time for the forward thinking
    organization to assess the market, look at
    competitors and evaluate its long-term plan.
  • Keys to sustainability are customer satisfaction
    and satisfaction of your personnel.
  • John F. Herber, Jr., Horizons, RubinBrown, Spring

Drivers of Sustainability
Stakeholders U.S. Public Organizations
  • Financial
  • Shareholders (Institutions --- Individuals)
  • Bond holders
  • Banks
  • Employees (including unions)
  • Other capital sources (venture capitalists)
  • Supply chain
  • Customers
  • Alliance partners
  • Direct suppliers
  • Upstream suppliers
  • Contractors
  • Regulatory
  • SEC
  • IRS
  • Occupation Health and Safety
  • FDA
  • EPA
  • Accounting standards (FASB, IASB, PCAOB)
  • FCC
  • Political
  • Federal government
  • State local governments
  • International governments
  • United Nations
  • EU
  • OPEC
  • NATO
  • Social
  • Local communities

Corporate Sustainability Reporting (CSR)
  • Beginnings highly unstructured
  • 1997 Global Reporting Initiative
  • Amsterdam-based nonprofit organization
  • Increased rigor and comparability
  • Extends from crafting a CSR to specific
    performance indicators
  • Primary areas
  • economic, environmental, social performance
    (labor practices) human rights, society, and
    product responsibility
  • Strongly supported and implemented in Europe
  • Currently in Version 3 of Global Reporting
    Standards for CSR

Profile of CSRSustainability Reporting
Guidelines (Version 3)
  • Strategy and analysis
  • Organizational profile
  • Report parameters
  • Governance, commitments, and engagements
  • Management approach performance indicators
  • Reporting on trends
  • Use of protocols
  • Presentation of data
  • Data aggregation
  • Metrics

Sustainability ReportingExpanded Listing
  • Integration to strategic planning What is
    strategic management?
  • External orientation
  • Focus on strengths
  • Prepare for unknown developments
  • Business Continuity Planning
  • Disaster Recovery
  • Data backup
  • Ability to adapt
  • Economic/financial
  • Environmental
  • Social performance (labor rights)
  • Compensation and benefits
  • Diversity
  • Human rights
  • Products services
  • Product responsibility
  • Society (overall impact)

  • Purpose creditability of reports
  • Flexible approach
  • Internal systems (including internal audit)
  • External assurance (published conclusions on
    quality of the report and information contained)
  • Processes for preparation of report
  • Assess validity of quality of performance by
  • Professional assurance providers (including but
    not limited to CPAs)
  • Stakeholder panels
  • Others

Qualities of External Assurance
  • Competent external groups or individuals
  • Systematic, documented, evidence based approach
  • Assessment of reasonableness of CSR performance
  • Quality of data
  • Selection of items covered
  • Completed by individuals independent of
    organization or stakeholders
  • Report follows GRI Reporting Framework
  • Results in written, publicly available opinion
  • Also includes statement assurance provider about
    relationship to the organization

Final Thoughts
  • leading companies view social and
    environmental responsiveness as an asset and an
    opportunity, not as a liability or cost. They
    recognize that an investment in the structures
    and systems to ensure strong social and
    environmental performance often pays dividends in
    terms of improved process and production quality,
    improved production efficiency and yields,
    improved innovation, lower risk, improved
    reputation, and increased profitability.
  • Marc. J. Epstein, Implementing Corporate
    Sustainability Measuring and Managing Social and
    Environmental Impacts. Strategic Finance,
    January 2009

Final ThoughtsContinued
  • A lean strategy is the relentless pursuit to
    eliminate waste in all business processes.
  • Traditionally used on the plant floor
  • Today, throughout the organization
  • Companies that have implemented lean are finding
    sustainability initiatives an easy extension of
    this philosophy.

Mike Lewis, Horizons, RubinBrown, Spring 2009.
Examples of CSR
  • Starbucks
  • Reports have been issued since 2001
  • An extensive CSR report
  • Follows GRI guidelines (Version 3)
  • Includes prior goals and performance indicators
  • Includes independent assurance report
  • Moss Adams, LLP (Accounting and Consulting firm)
  • Since 2002
  • Establishes 2015 goals
  • http//

Examples of CSR
  • Royal Dutch Shell
  • Reports have been issued since 1997
  • An extensive CSR report
  • Follows GRI guidelines (Version 3)
  • Includes prior goals and performance indicators
  • Assurance
  • Internal controls established to validate
  • External review committee report included in the
    report (estab. in 2005)
  • Objective is to insure report is balanced,
    relevant, and responsive
  • Independence is not clear
  • http//

Examples of CSR
  • Others