2. Social ECG issues changing business context Environmental Governance
ISO 26000
ECG issues changing business context
Social
Unemployment and inequality
Skills shortages
Human rights (supply chain)
Increasing labour volatility
Health and safety
Ethical product labels
Erosion of trust in business
Environmental
Fuel, electricity and water prices
Energy and water security
Increasing incidence of extreme weather
Shifts in transport modalities eg rail
Commodity price volatility
Governance
National legislative developments eg permitting, emissions, carbon tax
International law eg trading regimes
Increasing disclosure requirements
Corporate governance requirements
Corruption and ethical issues
Proliferation of standards (eg IIRC, GRI, UNGC)
Emergence of new indices (eg DJSI)

3. “High sustainability companies significantly outperform their counter parts over the long term, both in terms of stock market as well as accounting performance” Harward Business Group

4. Basic principles of social responsibility
Accountability: being answerable for decisions and activities and their impacts on society, the economy and the environment.
Transparency: openness about decisions and activities that impact on society and the environment.
Ethical behaviour: in accordance with accepted principles of right or good conduct
Respect for stakeholder interest: respect, consider and respond to the interests of its stakeholders
Respect for rule of law: mandatory
Respect for international norms of behavior
Respect for human rights

5. ISO 26000 - Seven principles of
social responsibility

6. ISO 26000 From.. To.. An add-on Compliance driven Value protection
Boring – Risk management
A future issue
About environment (green)
Philanthropy, moral
Obstacle
Guilt
Core to strategy
Innovation focused
Value creation
Exciting opportunity
A current concern
About society
Core business + values
Challenge, opportunity
Inspiration

7. Thank you