Develop Sustainability Policy Select indicators and matrix

Plan based

Estabilish Objectives Determine Targets

Gather Feedback

Sustainability performance Review Based

Review the plannning steps that you have

decided in the first phase

Obtain support from stakeholders Track and report performance

Implement based

Integration with the business processes Improve performance

Developing Performance Perseverance system Develop. Feedback loop , process , framework

Legitimacy theory

Institutional legitimacy Strategic legitimacy theory

theory
Measuring indicators

It is an approach which focuses on how

individual organisation manage their legitimacy
It focuses on the whole systems of by disclosing social, environmental and
organizations ,such as capitalism and Resource Value Life Cycle
sustainability information, it is kinda like
democracy in order to gain acceptance from the greenwashing where organizations use
society,it presents legitimacy as product of legitimacy as a resource that can be
deeply held beliefs,value system, the operation manipulated to gain support and approval from
of external institutions which define what is an the their stakeholders. Strategic theory
accepted or taken for granted part of social assumes that organizations are rational and Subtopic 1 Economic Envirnonmental Social
system proactive actors that can influence their
environment and shape their image.

Labor Carbon Dioxide Emissions Working conditions

Sustainability theory can be seen as way to
manage legitimacy
Machinery Recyclability of the Product Employee Growth

Sustainability reporting could be seen as a

source of legitimacy Capital Hazardous Material Used Social risk

Product Return
Sustainability reporting could be influenced by
the legitimacy pressures that the organization Health and safety
faces, such as the regulatory, social or market Salvaging cost
Relations between sustainability reporting expectations, and by the legitimacy gaps that
and legitimacy theory Additional Facillity to Employee Greviances
the organization perceives, such as the
discrepancies between its actual and desired Customer Warrenty Replacement
legitimacy
Fuel Efficiency
Sustainability can affect the legitimacy of the
organization , by increasing or decreasing its
perceived legitimacy , and by influencing the Profit
legitimacy of the whole,system of
organizations, such as capitalism or
democracy7 People

Life cycle analysis

Triple Bottom line

Full cycle accounting
Life cycle costing
LCC Assesment

Image restoration theories

Material intensity analysis
Product Product MFA
Substance flow analysis

Nature of crisis Strategic behaviours designed to restore image Corporate response typologies Emergy analysis
at a corporate level
Maximum amount of available energy of one
External Origin-weak responsibility -mild Deny type which can be used to be flow of energy or
Product Energy analysis Exergy analysis system , it is used for analysing production
reputational threat : Typically occurs when the Denial
organization is also a victim of the crisis, this process of single product
includes natural disasters, workplace violence Diminish
and external product tampering/malevolence
Denying having performed the act Product energy analysis
Deal/Rebuild
External/internal origin-minimal responsibility-
moderate reputational threat:occurs when the Blaming someone/something else for it
organisational actions were unintentional or
uncontrollable.These include stakeholder Evasion of reponsibility
challenges/claims.Technical errors or harmful
products as a result of technical errors

Claiming it was an accident

Internal origin-strong responsibility -severe
reputational threat :When the organisation
knowingly placed people at risk ,took Claiming it was performed with good
inappropriate actions or violated a law/ intentions
regulation. These include human error,harmful
products as a result of human
error,organisational misdeeds with and without Alleging lack of information over the control
injuries and management misconduct over the issue

Minimising the offence

Downplaying the negative feeling associated

with the wrongful act

Frameworks
Strengthening the audience’s positive feeling HOW INDICATORS WORK FOR SUPPLY CHAIN
towards themselves to divert attention from
their negative feeling towards the organisation;

Correction DGSI GRI Sasb

Making plans to mitigate the fallout from the

act or prevent it from occurring again
SOCIAL ENVIRONMENTAL ECONOMIC Some indicators
Mortification

Apologising for the act,confessing,expressing Subtopic 1 DIRECT economic impact

regret and begging forgiveness

LABOR PRACTICES

HUMAN RIGHTS

SOCIETY

PRODUCT RESPONSIBILITY

UNSP

SOCIAL Environmental Economic Institutional

Equity Health Educations Housing Security Population Atmosphere Soil Oceans Freshwater Biodiversity Consumption Gains/losses Framework Institutional capacity

Brar

Corporate Governance

A mechanism estabilished to allow different

parties to contribute capital,expertise and
labor for their mutual benefit

The corporation is governed by the board of

directors that overseas top management with Wuppertal research institute Developed set of indicators
the concurrence of the shareholders

Transport intensity Resource intensity

Refers to the relationship among the board of
directors , top management and shareholders
Social indicator Institutional Economic indicators
in determining the direction and performance
of the corporations

Justice Gender bias news Inclusiveness

Responsibilities of the board

Various indexes
Effective Board Relationship

Strategy of the organisation

Sustainability performance index (SPI): index in
developed for process industry to measure the
Risk vs Initiative sustainability , it uses only process data during Fossil fuels sustainability index : it aims to
the early stage of planning and data of natural determine the most efficient management of
concentration of substances fossil fuel resources for the energy system
Succession planning Management and staff Shareholders

Sustainability Ecosystem based indices

Board of Directors
Ecological footprint analysis : it quantifies for
any given population the mutually
Internal audit exclusive,productive area that must be of
continuous use to provide its resource supply
Audit Committee Nomination Committee and to assimilate its wastage , EF uses bio
External audit productive area as unit of measurement , this
analysis calculates whether the land and sea
required per year to sustain the current
consumption by the help of prevailing
technology are within the available resources
Responsibilities of the board

INTERNAL MARKETING INDEX : AIMS TO

MEASURE whether the benefits which are likely
If a director or the board as a whole fails to act to be derived from the internal market strategy
Stakeholders in a value chain for the betterment of the citizens and
companies are effectively delivered
Due Care

MARKET AND ECONOMIC INDEX

Customers Human Resource Suppliers The board is required to direct the affairs of
the corporation but not to manage team GNNP: TAKES CARE OF both aspects including
environmental degradation and flow of earnings
, this actually eliminates the flaws in gdp
calculation

Innovation, knowledge and technology indices

Employees by the board Inside directors

Members of board of directors Transmission and application of new knowledge
Human Resource and innovation finance
May be executives of other firms but are not
Outside directors
employee of the board corporation
Summary innovation index
It comprises 17 indicators in 4 segments

Knowledge creation Outputs AND markets

States that problems arise in corporations

because the agents(top management ) are not Agency theory Employment in high tech production Number of EPO PATENTS PRODUCTION IN HIGHTECH EXPORTS
willing to beard responsibility

This index comprises 6 indicators

If employee worked by company for a lot of
time then the attachment of the person to. Performance and knowledge based
The company is noticable, they tend to Stewardship theory
China NUMBER OF PUBLICATION NUMBER OF USPTO PATENTS
identify with the corporation and its success

GDP per capita

Openness to international trade and Share of gdp spend on secondary and tertiary Percentage of R&d PERFORMED BY GOVT
EXPENDITURES ON R and D investment education UNIVERSITIES AND PUBLIC CENTER

Members of a board of directors

NATIONAL INNOVATION CAPACITY INDEX COMPRISES ON 8 INDICATORS

Personall employee deployed in R and D STRENGTH OF PROTECTION for intellectual GDP per capita, percentage of R and D funded
property by private universities
Affiliated directors Retired executive directors Family directors

HUMAN DEVELOPMENT INDEX

CENTER OF ENVIRONMENTAL STRATEGIES AND

DEVELOPMENT INDEX
NEW ECONOMIC FOUNDATION DEVELOPED THE
Codetermination ADJUSTED CONSUMER EXPENDITURE
INDEX OF SUSTANABLE AND ECONOMIC
INDEX OF SUSTAINABLE AND ECONOMIC WELFARE, THE MAJOR GOAL OF THIS INDEX IS
WELFARE TO MEASURE THE COMPONENT OF ECONOMIC SERVICES FROM DOMESTIC LABOR FROM
ACTIVITY THAT LEADS TO WELFARE OF CONSUMER DURABLE AND FROM STREETS NET CAPITAL GROWTH ANDF NET CHANGE IN
SOCIETY IT COMPRISES OF 7 ECONOMIC AND HIGHWAYS ,PUBLIC EXPENDITURE ON INTERNATIONAL POSITION
ACTIVITIES HEALTH AND EDUCATION

INTERLOCKING DIRECTORATES
Environment sustainability index (ESI):
developed in 2002 comprises of 68 basic
indicators , these indicators are aggregated to
construct 21 core indicators

INDIRECT INTERLOCKING DIRECTORATE DIRECT INTERLOCKING DIRECOTORATE

Environmental indices for nations and regions

Composite sustainability performance indices

Technology Shareholders Society

Criteria for a good director include DJSGI:provides the platform for corporate to
benchmark their sustainability performance ,
this index has 5 criteria

Governance Industry
Willingness to challenge management when
necessary
Sustainable asset management (SAM): it is
bases in Zurich Swiss, SAM assesses companies
….. for external clients . They give input to
investment agencies on leading worldwide
companies which have strongly committed for
sustainability and successfully integrated their
economic, ecological and social aspects to their
overall management system
NYSE 10 corporate governance principles

CORPORATE GOVERNANCE IN THE POST There a 7 essential corporate governance

CRISIS ERA function

Directors’ primary duty is for performance not Oversight

for conformance

Subtopic 1

Manegerial

Compliance

Internal audit

Advisory

External audit

Monitoring

Compliance Function Manegerial functions

Existence of compliance board committee Operational information

Executive compliance officer Forward looking data

Cost of compliance Internal control over financial reporting

Whistle blowing policies , programs and Number of risk events

procedures

Total risk exposure

Internal audit function

Number of internal control improvement

Audit committee oversight of internal audit initiatives
department

Number of regulatory, legal non compliance

Independence of internal audit function events

Appointment of the chief audit executive Cost of non compliance

Internal audit reports to the committee

Sustainability

Adequate resources for the internal audit

department

How did you use your resources Several macro efficiency resources leading to What could be done to augment company Sustainability assurance Materiality analysis
solve sustainability(make it a founding principle
within the company)
Legitimacy
Auditors independence

in cost effective way to achieve desired The sustainability assurance report may Imp topics Corporate governance failure
Audit quality External audit function
performance-financial, environmental Macro sustainability issues include the following
performance etc from various activities, Novartis, a pharmaceutical company, its Integrated reporting and use Extensible Resource efficiency
Compliance with professional auditing,ethics discloses the corporate responsibility business reporting language (XRBL)
and quality control standards performance Into key areas

GHG reporting trends : you can write - Kaise Climate change : the intergovernmental panel GHG reporting trends :reputation issues arise Water Management Reference to sustainability information Assurance provider should use the benchmarks Responsibility of management and resource It is also responsible for the opinion,assurance, Assurance sustainability providers should take
Organisation involved in various product and accounted the, stakeholders pe Kaise impact IPCC released its special report on managing when independent organisations rank companies presented by management in the sustainability provided , it should be based on effectiveness providers- management in primarily responsible conclusion provided on the report following steps Don’t write personal opinion, back it with some
services and vulnerable to resources pada, and overall analysis of the impact of the risk of extreme events and disasters to on climate emissions and goals ,either Future sustainability reporting will be market report at the year of reporting efficiency , completeness etc for preparation , content , completeness and kind of standard with proper jusitification ,
GHG emission on the company - emission from advance climate change adaptation for example separately or as part of a larger corporate expanding healthcare for large population Developing innovative products for underserved driven and regulatory mandated integrated reliability of information in sustainability report example neerav Modi for pnb case , how . How
Legal and financial advisor function supply chain members also , Puram impact on the case of Reno (Chennai), The SREX address rating or ranking scheme since the largest part worlrdwide patients ;injection related to cancer in Around reports using XRBl on all dimensions of did it happen - there you have to write very
society and environment will affect both many issues including the relationship between of some company carbon footprint can be found 2014 sustainability performance many professionals logically rather than based on personal
reputation and performance -let’s say lithium the climate change and extreme weather,and in their supply chains many are tracing suppliers Example - Yamuna case ,companies like
organisation like GRI, IIRC and SASB are in opinion, in midterm innovation on nestle -
ion battery - it destroyed the reputation of the implication of climate events for society and trading partners to report and reduce their shell,exon, ongc reported higher level of water Obtain understanding of organisation ESG Obtain understanding organisation current and Documentation for discussion with Consideration of sustainability factors of
process of developing information system that personal opinion was not needed, regerarative
The environment cannot support businesses Resources that, though associated with some company and sustainable development , another example emissions . (Summary) GHG reporting is related risk .swarna Rekha river in Jamshedpur performance measure prospective sustainability initiative management regarding esg performance performance , disclosure and risk
Existence of in house legal council capture and consolidate the details necessary farming likha tha , organic fertilizers , digital
that are dependent on degraded ecosystem agricultural practices ,directly contribute to Kedarnath. The SREX report suggest that important agenda for companies to gain the cutoff by local government ,companies were
to prepare the reports externally as well tech etc , basically gk , reports sari padh lo ,
the degradation of the ecosystem and climate exposure and vulnerability are affected credibility in the market for sustainable estabilished and were found to use naturally
monitor and control internally by using XRBL . point wise answer should be written, annual
Quality of legal services extinction of species , are becoming by many factors including natural climate, operation /production and development available water from that river
report bhi dekh Lena , how they basically
increasingly hazardous from a reputation and anthropogenic climate change and tackled some grey areas, padh lo , usme Sahi se
brand loyalty perspective socioeconomic development ,effective disaster likha hoga
Analyst forecast accuracy risk management and adaptation to climate
change can reduce significantly the relevant
Shareholders democracy exposure.
Analyst forecast dispersion

Institutional investors ownership

Online voting by shareholders Monetaring function

Ability to nominate directors

Approval of major business transactions with

respect to mergers and acquisitions

Compliance with applicable rules regulation

and standards

Regulation and planning

Emerging issues and challenges in corporate

Executive compensation
governance

Risk assessment

CEO succession and planning

Board leadership

Disclose all relevant information about the

corporate governance

It entails assessing the quality and

Focus on company sustainability performance effectiveness of organisation corporate
governance and reporting findings to interested
Provide transparent information about the stakeholders including the board of directors, Corporate Governance and reporting
company performance and its impact on all executives then auditors then regulators
stakeholders agencies and finally shareholders , CGR should

Assess the company responsiveness to needs

of its stakeholders

Chairman’s message

Narrative governance report

Compliance report Good Corporate governance report

Accountability report

Communication report with shareholders