How to embed corporate responsibility across different parts of your company
CONTENTS LIST
Introduction and methodology
Section 1: Critical information for experienced corporate responsibility and sustainability professionals
1.1 EMBEDDING CORPORATE ETHICS: SOME KEY STEPS
- 1.1.1 Strategy and process
- 1.1.2 A creative atmosphere
- 1.1.3 Embedded by association
- 1.1.4 What’s in it for me?
- 1.1.5 Balancing risks and opportunities
1.2 CLARITY OF INTERNAL COMMUNICATIONS
- 1.2.1 Communicating with colleagues
- 1.2.2 Clever use of format
- 1.2.3 Keep messages relevant and targeted
- 1.2.4 Emphasise ethics for recruitment and retention
- 1.2.5 Reporting
1.3 ADDRESSING SOME COMMON CHALLENGES
- 1.3.1 Convincing the board and senior management
- Key arguments: risk management
- Key arguments: opportunities
- 1.3.2 Working with a small budget
- 1.3.3 Decentralising CR activity
1.4 MEASURING SUCCESS: designing CR metrics and selecting tools
- 1.4.1 Data difficulties
- 1.4.2 Labour intensive
- 1.4.3 Data collection: Credit360
- 1.4.4 Common indicators for measuring social and environmental data
- Box: Common targets
- CASE STUDY A – ETHICAL CORPORATION SURVEY: measuring emissions
- Cost and time of measuring emissions
- 1.4.6 Other trends in leadership and organisation
- 1.4.7 Policy and metrics
- 1.4.8 What customers want
- CASE STUDY B – TATA: assessment tools building on philanthropic history
- 1.4.9 Healthy competition
- CASE STUDY C – NOVO NORDISK: focusing on customers
- Team building – a win-win
Endnotes
Section 2: Stand-alone department guides
2.1 PROCUREMENT GUIDE – how to embed CR in sourcing and supply chain activities
- 2.1.1 The full life-cycle matters
- 2.1.2 Name suppliers to boost transparency and leverage
- CASE STUDY D – HP: how to set supplier targets
- Supply chain carbon footprint
- 2.1.3 Economic transparency
- 2.1.4 Retaining and helping suppliers
- 2.1.5 Certification: the example of Fairtrade
- 2.1.6 Availability shortfall
- CASE STUDY E – GREEN & BLACK’S: engaging with NGOs to develop supply chains
- CASE STUDY F – INNOCENT DRINKS: smooth and flexible contract terms
- CASE STUDY G – SEDEX: supporting supply chain CR goals
- Box: Sedex eases the burden
- Achieving CR outcomes through multi-company initiatives
- Cooperating with competitors
- Issues insight
- Data sharing benefits
- Measure progress and prove it
- CASE H – PEPSICO: cooperating with competitors benefits all
- Collaboration with Coke!
- Box: Aim-Progress
- Corrective action planning
2.2 HUMAN RESOURCES GUIDE – how to embed CR, and achieve maximum productivity and staff morale
- 2.2.1 Recruitment and retention
- Employees pick ethical companies – so communicate yours
- Diversity: target communities effectively
- Measuring diversity
- Look for the abilities
- 2.2.2 Training and stakeholder engagement
- CASE STUDY I – STARBUCKS: engaging employees and focusing on CR
- Training: little and often
- Get it right from the start
- Rewards and recognition
- Engaging stakeholders
- Box: V2V – Volunteer-to-Volunteer
- Starbucks and Care International
- 2.2.3 Appraising staff – non-financial performance
- Tricky calculations
- Targeting CR messages
- CASE STUDY J – CAMPBELL SOUP: making CR good business
- Get CR into the human resources thread
- Survey
- Recruitment/retention
- Evaluation
- Use better language
- Maximising impact
2.3 COMMUNICATIONS GUIDE – how to embed CR in reporting, marketing, internal and external communications
- 2.3.1 Reporting
- Reporting that works
- Use reporting in other communications
- Trusting the message and communicating actions that are newsworthy
- Going online – the rolling approach vs once-a-year snapshot
- Gain value from getting the message out
- 2.3.2 External communications
- Choose the messenger
- Light touch marketing
- Getting feedback
- CASE STUDY K – MAN GROUP: crisp communications tells the story
- Bad news can be good
- Small budgets, big impact
- 2.3.3 Internal communications
- Fit the format to the message
- Box: Updating and engaging
- Choose where to post
- Focusing on a wide audience
- CASE STUDY L – HP: how to deal with the media and NGOs
- Selective exposure works
- Engaging NGOs: analysis then communication
- Respond quickly
2.4 FACILITY, LOGISTICS AND OPERATIONS GUIDE – how to embed CR into daily operations
- 2.4.1 Operations: bringing it all together
- 2.4.2 Cooperating to save resources
- 2.4.3 Improvements in store
- Box: Boots: partnering with Breast Cancer Care
- CASE STUDY M – HP: Better working practices – keep in touch from home and cut emissions
- Box: HP: energy savings by turning 85 data centres into six
- 2.4.4 Recycling that works
- 2.4.5 Dealing with day-to-day risks
- 2.4.6 Customer focus
- 2.4.7 Maximising impact through staff that understand local issues
- CASE STUDY N – VODAFONE: embedding CR in products and services
- Taking responsibility for expired products
- Handset use: retention and recycling
- Incentive switch
- African mobile banking
- Energy monitoring
2.5 FINANCE AND ACCOUNTING GUIDE – a vital role in establishing CR across an organisation
- 2.5.1 Communicating ethics to stakeholders
- Ethically managing suppliers
- 2.5.2 Collecting and storing data
- Access to data
- Managing ethical issues
- 2.5.3 Reporting and assurance
- Assurance
- Assurance standards
- 2.5.4 Accounting for success – financial and non-financial information
- CASE STUDY O – ACCOUNTING FOR SUSTAINABILITY: tools for embedding CSR
- 2.5.5 Taking advantage of carbon trading
- Trading emissions for financial gain
- Enhancing reputation and hedging risk
- 2.5.6 Developing ethical checks and balances
- Signing up to international standards
- Box: Pharmaceutical payments disclosure
- CIMA’s code
- CASE STUDY P – behavioural analysis for risk management
- Completing the picture
- Analyse the indicators – and combat corruption
- 2.5.7 Valuing financial transparency when investing
- The benefits of responsible investment principles
- Box: The principles
Endnotes
Section 3: Best practices and key embedding recommendations
List of figures
Section 1 Figures
- Figure 1: Change in CR budgets
- Figure 2: Size of CR budgets
- Figure 3: Size of CR team
- Figure 4: Impact framework
- Figure 5: Knowledge areas CR professionals need to develop
- Figure 6: Frequency of protocols and guidelines, by region
- Figure 7: Percent of companies reporting emissions intensity by sector
- Figure 8: Approximate GHG emissions measurement and verification costs
Section 2 Figures
- Figure 9: Public opinion of business
- Figure 10: How ethical management information is collected
- Figure 11: Example of credit strategy decision making
- Figure 12: Credits and their features
