Module 3: CSR Guidelines

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Module 3 CSR Guidelines
Khadeeja Balkhi, Sustainability Consultant,
PakistanOctober 5, 2009
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Module 3 Outline

• CSR Guideline Types
• Key Benchmarks
• Macro-Level CSR Guideline Types
• Reporting Guidelines
• Turkish Laws
• Acquis Communautaire
• Local CSR Resources

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It is a Bit Overwhelming
SA 8000
Directive 2005/60/EC
UN Global Compact
Convention on the Rights of the Child
Caux Roundtable
ISO 26000
Human Rights Declaration
Acquis Communautaire
OECD MNE Guidelines
Global Reporting Initiative GRI
ILO MNE Declaration
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Before the Details

• What are the Key Value Benchmarks?

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Sustainable Value Creation Matrix Key 1
Win/Win
Value Creation
for both
Value Transfer
Lose/Lose
value added to neither
(from shareholder to stakeholder, e.g. tangential
philanthropy)
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Inclusivity Key 2
The Real Yardstick for CSR Economic activities
are Inclusive, benefiting All Stakeholders
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All Kinds

• Macro-level Guidelines with a Government Nexus
• Reporting Guidelines
• Management Systems
• Company-specific guidelines
• e.g. major textile buyers have their own
  standards of compliance, required of global
  supplies

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Macro-Level CSR Guideline Types

• Broad aspirational/general business guidelines
• e.g. OECD Caux Round Table Principles for
  Business
• Specialized Guidelines
• e.g. Kyoto Protocol, Convention on the Rights of
  the Child
• Sector-specific guidelines
• e.g. International Council on Mining Metals
  Sustainable Development Principles Electronics
  Industry Code of Conduct

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Management Systems

• ISO 26000
• ISO 9000
• SA 8000
• AA 1000

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CSR Reporting Guidelines

• Global Reporting Initiative
• UNGC Communication on Progress

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CSR Guidelines Comparing the scope
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Analyzing 3 Governmental-Nexus CSR Guidelines
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CSR Reporting Guidelines

• Sustainability reporting has evolved from a
  marginal practice to a mainstream management
  communications tool over the last ten years.

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GRI Guidelines

• The GRI Strategy
• after initial focus on the needs of report
  preparers (companies) it is beginning to address
  report users issues
• encourages the use of its Guidelines as a
  generally accepted framework for sustainability
  reporting
• uses multi-stakeholder dialogue as the process
  for creating instilling trust in the Guidelines
• Offer learning tools, training courses services
  for both
• (www.globalreporting.org/WhoAreYou/Journalist/GRIF
  astFacts.htm)

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UNGC CoP Requirments

• All member companies required to submit
  Communication on Progress
• Covers progress related to all ten UNGC Principles

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Country-Specific Law Samples
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Sampling of Local Laws
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Financial Institutions Governance

• Corporate Governance Principles issued by Board
  of Capital Markets, 2003
• Based on the OECD Corporate Management
  Principles, 1999
• Among leading Turkish documents for CSR
  implementation
• Application of the principles by corporations is
  voluntary

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Acquis Communautaire Ethics Transparency
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Acquis Communautaire Environment Social
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Local CSR Resources

• KSSD - CSR Turkey
• TEDMER - Ethical Values Foundation of Turkey
• TKYD Corporate Governance Association of Turkey
• Global Compact Network Turkey

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Form Substance

• The Spirit Behind the Guidelines
• ISO 26000 Introductory Video

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director_at_tbl.com.pk
CSR is a circle whose center is everywhere
whose circumference is nowhere. -adapted from
Trismegistus
Thank you!