Sustainability: The Alexandra Lajoux Corporate Governance Series
Autor Gilbert S. Hedstromen Limba Engleză Paperback – 22 oct 2018 – vârsta de la 22 ani
Sustainability: What It Is and How to Measure It begins with a succinct business-focused summary of how to think about the risks and opportunities associated with sustainability. The author then includes his proprietary framework, The Corporate Sustainability ScorecardTM C-suite rating system, including the over 140 key sustainability indicators that are used to rate an organization's sustainability efforts. Each KSI includes examples from organizations around the world, giving the reader a complete and unbiased understanding of all aspects of sustainability. The Scorecard has been developed over the past 20 years and used by more than 70 corporations to rate themselves on sustainability.
Gilbert S. Hedstrom illustrates the use of the Scorecard with hundreds of examples. He discusses sustainability transformation, governance, and strategy and execution. Social responsibility and environmental stewardship form important parts of his discourse in this important contribution to the debate on sustainability that will benefit business executives and those interested in sustainability and business.
Read the author's related article on the NACD blog here: https://blog.nacdonline.org/posts/pge-lessons-oversight
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Specificații
ISBN-10: 1547416602
Pagini: 180
Dimensiuni: 155 x 230 x 24 mm
Greutate: 0.54 kg
Editura: De Gruyter
Seria The Alexandra Lajoux Corporate Governance Series
Notă biografică
Gilbert S. Hedstrom, Hedstrom Associates
Cuprins
Part 1 ¿ 1
Chapter 1: Sustainability in 2020 and Beyond ¿ 3
The Drivers: Economics 101 ¿ 3
Sustainability: Four Big Buckets ¿ 5
The Huge Business Opportunity ¿ 6
Mixed Signals ¿ 7
How to Get Started ¿ 8
Chapter 2: Why Bother? ¿ 11
Opportunity of the Century ¿ 11
Global Risk Review-WEF ¿ 13
But Wait-Delhi, Delft, Des Moines ¿ 13
Why Have Companies Pursued ESG? ¿ 14
The Business Case for Sustainability ¿ 15
Investors Speaking Up ¿ 16
Customers Speaking Up ¿ 18
Approaching the Tipping Point ¿ 18
Chapter 3: Terminology-What Does Sustainability Really Mean? ¿ 21
The Jargon ¿ 21
What Is Sustainability? ¿ 22
ESG and the Triple Bottom Line ¿ 22
Two Sides of the Coin: Stop and Go ¿ 23
From Farm to Fork ¿ 24
Today's Sustainability Conversation ¿ 26
Chapter 4: What Does Sustainability Mean to Your Industry? ¿ 29
The 30,000 Foot View ¿ 29
The Common Denominator: More Profit-Less Stuff ¿ 30
Tomorrow's Industry Sectors ¿ 31
Tomorrow's Industry Sectors-Today ¿ 32
Counterpoint: The Skeptics ... ¿ 34
Positioning for Growth ¿ 35
Chapter 5 : Governance and Leadership: The "G" in ESG ¿ 37
The Situation: Governance and Sustainability ¿ 38
Governance: The Key Elements ¿ 38
Investors' Dilemma: Failing the 80/20 Rule ¿ 40
Governance at a Glance: Tomorrow's Leaders Today ¿ 41
The Scorecard: Governance and Leadership ¿ 43
Chapter 6: Strategy and Execution: The Missing "S" in ESG ¿ 45
The Situation: Beyond ESG ¿ 46
Strategy: The Key Elements ¿ 47
The Opportunity: Strategy and Sustainability ¿ 47
Strategy and Execution at a Glance: Tomorrow's Leaders Today ¿ 49
The Scorecard: Strategy and Execution ¿ 51
Chapter 7: Environmental Stewardship: The "E" in ESG ¿ 53
The Situation: Overdose on Environmental Issues ¿ 54
Materiality Assessment ¿ 54
Environment: The Key Elements ¿ 57
Environmental Stewardship At a Glance: Tomorrow's Leaders Today ¿ 58
The Scorecard: Environmental Stewardship ¿ 59
Chapter 8: Social Responsibility: The "S" in ESG ¿ 61
The Situation: Looking Back-Not Looking Ahead ¿ 62
Social Responsibility: The Key Elements ¿ 63
The Opportunity: Glass Half Full ¿ 64
Social Responsibility at a Glance: Tomorrow's Leaders Today ¿ 65
The Scorecard: Social Responsibility ¿ 66
Chapter 9: The New ESG Regulators ¿ 67
Investors: The New EPA? ¿ 67
The Global Regulatory Landscape ¿ 69
Private Sector Collaborations ¿ 73
The Impact of Millennials ¿ 73
Summary ¿ 74
Part 2 ¿ 77
Chapter 10: Introduction to the Corporate Sustainability Scorecard-C-Suite Rating
System ¿ 79
This chapter outlines: ¿ 79
What Is the Corporate Sustainability Scorecard? ¿ 79
Why this Scorecard? ¿ 80
Who Is the Scorecard Intended for? ¿ 81
How Is the Scorecard Structured? ¿ 82
The Four-Stage Transformation Model ¿ 82
How Should the Scorecard Be Used? ¿ 85
Will the Scorecard Change over Time? ¿ 86
Organization of Part 2 ¿ 87
Chapter 11: Vision, Mission, and Values ¿ 89
Public Statements ¿ 89
Private Actions to Reinforce Sustainability in Vision, Mission, and Values ¿ 93
External Recognition ¿ 94
How Do Companies Stack Up? ¿ 97
Chapter 12: CEO Leadership ¿ 101
CEO Engagement with Sustainability ¿ 102
Managing Board Agendas ¿ 106
Structuring the Sustainability Organization ¿ 107
How Do Companies Stack Up? ¿ 108
Chapter 13: Board of Directors Leadership ¿ 111
Board of Directors Sustainability Structure and Resources ¿ 112
Board of Directors' Assurance Processes ¿ 115
Board of Directors' Commitment of Time to Sustainability ¿ 117
How Do Companies Stack Up? ¿ 119
Chapter 14: Goals and Metrics ¿ 121
Goal-Setting Process ¿ 121
Time Horizon of Sustainability Goals ¿ 125
Content and Impact of Sustainability Goals ¿ 127
How Do Companies Stack Up? ¿ 131
Chapter 15: Culture and Organization ¿ 135
Management Accountability for and Attention to Sustainability ¿ 136
Key Culture Indicators Related to Sustainability ¿ 138
Sustainability Organizations ¿ 139
How Do Companies Stack Up? ¿ 142
Chapter 16: Stakeholder Engagement ¿ 145
Why Engage? ¿ 146
With Whom to Engage? ¿ 147
What to Engage On? ¿ 150
How and When to Engage ¿ 152
How Do Companies Stack Up? ¿ 153
Chapter 17: Disclosure, Reporting, and Transparency ¿ 157
Disclosure of Sustainability Risks, Posture, Programs, and Plans ¿ 158
Reporting of Sustainability Progress and Performance ¿ 160
Transparency ¿ 163
How Do Companies Stack Up? ¿ 166
Chapter 18: Strategic Planning ¿ 169
Sustainability Positioning and Strategy ¿ 170
Business Drivers for Sustainability Within the Company ¿ 171
Sustainability Inputs to Corporate Planning Process(es) ¿ 175
How Do Companies Stack Up? ¿ 178
Chapter 19: Innovation, Research, and Development ¿ 181
Role of Sustainability and Innovation ¿ 182
Processes and Methodologies ¿ 185
Sustainable Innovation Investments ¿ 187
How Do Companies Stack Up? ¿ 188
Chapter 20: Customers and Markets ¿ 191
Sustainability Linkage to Customers ¿ 192
Core Approach ¿ 193
Shaping Future Market Opportunities ¿ 195
How Do Companies Stack Up? ¿ 198
Chapter 21: Products, Services, and Solutions ¿ 201
Basic Product Positioning ¿ 201
The Product Development Process ¿ 204
Existing PSS ¿ 205
How Do Companies Stack Up? ¿ 208
Chapter 22: Environmental Footprint-Operations ¿ 211
Managing Purchased Resource Inputs ¿ 212
Managing Own Physical Footprint ¿ 217
Managing Nonproduct Outputs ¿ 218
How Do Companies Stack Up? ¿ 221
Chapter 23: Environmental Impacts-Supply Chain ¿ 225
Posture and Management Processes ¿ 226
Addressing the Most Material Supply Chain Environmental Impacts ¿ 229
Nature and Extent of Supplier Sustainability Partnerships ¿ 233
How Do Companies Stack Up? ¿ 234
Chapter 24: Environmental Impacts-Products ¿ 237
Overall Product Stewardship Approach ¿ 237
Product Design Process ¿ 240
End-of-Life Product Management ¿ 245
How Do Companies Stack Up? ¿ 247
Chapter 25: Own Operations-Workplace ¿ 251
General Workplace Environment ¿ 251
Core Workplace Programs ¿ 253
Sustainability Capability-Building Initiatives ¿ 256
How Do Companies Stack Up? ¿ 257
Chapter 26: Supply Chain Social Impacts ¿ 261
Posture and Management Processes ¿ 261
Addressing the Most Material Supply Chain Impacts ¿ 264
Supply Chain Partnerships ¿ 266
How Do Companies Stack Up? ¿ 267
Chapter 27: Community Investment ¿ 271
Community Policies and Programs ¿ 272
Community Investments ¿ 274
Benefits to Society ¿ 275
How Do Companies Stack Up? ¿ 277
Chapter 28: Conclusion: Tomorrow's Elite Corporation ¿ 281
Fit: Visualizing Success ¿ 281
Trim: Decoupling Growth and Profitability from Resource Intensity ¿ 282
Resilient: Capacity to Innovate Among Disruptions ¿ 284
A Few Words on Climate Change ¿ 285
The Path Forward ¿ 286
Appendix A: Definitions ¿ 289
Index ¿ 297