Corporate Sustainability: Managing with Social, Economic and Environmental Responsibility Washington, DC March 31, 2016.

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Presentation transcript:

Corporate Sustainability: Managing with Social, Economic and Environmental Responsibility Washington, DC March 31, 2016

Our Discussion Today Emerging Consensus on Sustainability; the Sustainability Operating System – Bill Blackburn Context and Policy Development on Sustainability; its Increasing Importance to Organizations – John Dernbach Sustainability Management Systems – Frank Friedman Stakeholder/NGO Engagement --Tensie Whelan ©2016 William Blackburn Consulting, Ltd.

Growing Global Multi-stakeholder Consensus on SR/Sustainability Scope ISO 26000 SR Core Subjects GRI Sustainability Indicator Categories/Aspects Organizational Governance Governance Human Rights Labour Practices Labor Practices & Decent Work The Environment Environment Fair Operating Practices Society: Corruption, Public Policy, Anti-competitive Behavior, etc. Consumer Issues Product Responsibility Community Involvement & Development Society: Community Economic: Indirect Economic Impacts Economic: Economic Performance, Market Performance, etc. ©2016 William Blackburn Consulting, Ltd.

Issues Addressed by the 2015-30 UN Sustainable Development Goals Extreme poverty and hunger Universal primary education Gender equality Better health (HIV/AIDS, malaria and other diseases; child mortality, maternal mortality and health, etc.) Environmental progress (climate change, water & sanitation, biodiversity, oceans, forests, etc.) Access to sustainable energy Sustainable industrialization, consumption & production Full employment Safe, peaceful communities; access to justice Global partnerships to help developing nations Environmental sustainability (env. resources, drinking water and sanitation, slum conditions) Global partnerships to help developing nations (good governance, exports, reduced debt, work for youth, access to pharmaceuticals, new technologies) ©2016 William Blackburn Consulting, Ltd.

General Definition of Sustainability “The 2 Rs” Values-driven management based on--- Respect: for people and other living things Resources: the wise use of economic and natural resources —for the purpose of sustaining and promoting the long-term well-being of the organization and society (including the environment). ©2016 William Blackburn Consulting, Ltd.

The Drivers The Efficient Enablers The Pathway The Evaluators A champion/leader; visible top management support Approach for selling the organization on sustainability Accountability/reward mechanisms Organizational structure Deployment and integration through workforce and suppliers Vision and policy Operating system standards Strategic planning for aligned priorities Indicators and goals Measuring and reporting progress Stakeholder engagement and feedback