basic definitions and drivers (sustainability reporting) introduction and scene setting

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Basic Definitions and Drivers (Sustainability Reporting) Introduction and scene setting

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Page 1: Basic Definitions and Drivers (Sustainability Reporting) Introduction and scene setting

Basic Definitions and Drivers (Sustainability

Reporting)Introduction and scene setting

Page 2: Basic Definitions and Drivers (Sustainability Reporting) Introduction and scene setting

Types of private sector involvement

Core business models / systemic impact

Developmentbenefits

Business benefits

Philanthropy

CSR / Social investment

Risk

Page 3: Basic Definitions and Drivers (Sustainability Reporting) Introduction and scene setting

Practice Focus

Results Orientation

Low End High End

Future prospective

Evolvement

Page 4: Basic Definitions and Drivers (Sustainability Reporting) Introduction and scene setting

Its all about stakeholders

Customers

GovernmentCommunities

Competitors

Business partners

Employees

Future generations

Shareholders

Company

Page 5: Basic Definitions and Drivers (Sustainability Reporting) Introduction and scene setting

What is Sustainability Reporting

A corporate sustainability report is a vehicle to communicate with stakeholders on a company’s economic, environmental and social management and performance.

Page 6: Basic Definitions and Drivers (Sustainability Reporting) Introduction and scene setting

Global Reporting Initiative A tool for reporting on wider economic,

environmental, and social performance. Provides guidance for organizations to use as the

basis for disclosure about their sustainability performance, in a universally-applicable, comparable framework.

Covers economic, labour, environmental, Human rights, society and product responsibility indicators

Enhanced Accountability

Page 7: Basic Definitions and Drivers (Sustainability Reporting) Introduction and scene setting

Identifies 5 phases in the reporting process Prepare – overview of what final report

might contain Connect – how to identify &

communicate with main internal & external stakeholders

Define – decide what to report on Monitor – describes how to collect info

& ensure data quality Report – actual production / format etc

Page 8: Basic Definitions and Drivers (Sustainability Reporting) Introduction and scene setting

Corporate spheres of influence

workplace

marketplace

supply chains

community

enabling framework

CORE BUSINESS ACTIVITIES• produce safe and affordable products• influence ethical supply chains• generate income and investment• create jobs• develop human resources• build local businesses• support technology development and transfer

Source: based on Business and the Millennium Development Goals, IBLF

ENABLING FRAMEWORK ACTIVITIES• work with governments to improve infrastructure, healthcare, education, quality• address environmental, regulatory and fiscal policies• engage in dialogueCOMMUNITY ACTIVITIES

• support education, training, youth development• transfer skills & technologies• build capacity of community leaders and social entrepreneurs• partner in social, health and community programmes

Page 9: Basic Definitions and Drivers (Sustainability Reporting) Introduction and scene setting

Lower standards?

Page 10: Basic Definitions and Drivers (Sustainability Reporting) Introduction and scene setting

What’s the business value in reporting?

Disclosure of information to external stakeholders as requested by stock markets around the world and in Egypt by 2010

Measurement and analysis the company’s own performance.

Enhancing Raya’s reputation by differentiating itself from competitors and gaining a competitive advantage in capital, labour and customer markets.

Strengthening external relationships by publicly sharing information on Raya’s economic, environmental and social performance.

Page 11: Basic Definitions and Drivers (Sustainability Reporting) Introduction and scene setting

What’s the business value in reporting?

Building internal alignment and capacities of employees.

Improving performance through cost savings and more effective use of internal resources.

Enhancing corporate accountability and transparency.

Sustainability reports can also be a useful tool to introduce the company when accessing work in new countries.

Page 12: Basic Definitions and Drivers (Sustainability Reporting) Introduction and scene setting

Examples of reporting companies in Egypt

And More everyday