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Stakeholder Relationships
OECD Third Asian Roundtable on Corporate Governance Stakeholder Relationships Ken Rushton Director
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OECD Principles Co-operation between corporations and stakeholders
Provide relevant information to stakeholders “Concern over corporate reputation and corporate performance often require the recognition of broader interests”
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Intangible Assets Intellectual capital Human Capital Brands Reputation
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Strategic Approach Sustainable Development Values Ethics Stakeholders
Measurement & Reporting Benchmarking
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Model for Sustainability
Identify Issues Raise Through Dialogue Employee Awareness Facilitate Account Business through Action Indicators & Reporting
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Stakeholder Dialogue BP Shell Camelot Monsanto
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Social Report Comprehensive Comparable Inclusive Embedded Verified
Continuous improvement
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Benefits Builds trust Enhances reputation Benchmarks performance
Indicates commitment Reinforces values Motivates business action
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OFR Purpose, strategy, performance drivers Stakeholder relationships
Corporate governance Community, social, ethical, reputational issues Environment
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Some issues No universal reporting standard
Environmental reporting not enough Business sustainability now a strategic issue Performance indicators are needed Link between sustainability and reputation needs more research
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