Corporate Social Responsibility
Science and environmental management
20 individual assignments
40 group project – last day
40 individual final essay – post online 2 weeks later
1. Context of CSR
Sustainable development - CSR
Social: societal (wide society)
Now: weak sustainability / strong sustainability
CSR: impact of decisions and activities
Impact: footprint of society and environment, need to develop through ethical behaviors, health,
welfare of society
ISO 26000: voluntary standards
Stakeholders
Shared value
CSP
CFP
SIC: key notion, manipulation?
ISO 26000
Consumer issues
Serious about claims,
BOP: bottom of the pyramid – poor people: in the bottom, basic medicine, nutrition
Environment
Community involvement & development
Fundamental notions
Business ethics
Courage: ex. yellow tuna – endangered: opportunity or stop
Diversity
Purpose
Extractive enterprise: extract, waste, exploiting the planet, only profits
Generative enterprise: positive impacts, optimize model
CSR
What
Why
How: the implementation of CSR needs adapting at all levels of a company, with external validation from
stakeholders
Normal life in my country
Ecological footprint (water, waste…)
Carbon footprint
Word document – two screens – ieseg online
How I interpret own result
Reaction, further improvements, and if I was a company leader, how would I react and put in place
The SDGs most concerned by sound economic practices?
Stakeholder capitalism
B-Corp movement
Certified b corporation certification
Mustela
Patagonia
EU taxonomy
Growth: between sound economics and religion
Kate Raworth “A healthy economy should be designed to thrive, not grow”
Doughnut economy
Fair level of tax
Tax fairness: physical structure of benefits
Business of big 4: 3 main jobs – auditing finance, consultancy, and tax optimization
New technologies in CSR
Dematerialization is illusion: e-waste,
Blockchain: higher security
Social media: dangerous for mental health
AI: movement that is hard to resist,
Low tech:
Environment
3 compartments: one -> one another (impacts)
Biodiversity
6th mass extinction
Circularity
r-ladder:
science-based targets(SBT)
ucon acrobatics
B. social
Blood diamond (my fair diamond)
Why should a company care about human rights?
Due diligence: duty to care, being diligent to know what happens, actively looking for information
UN – not given the means
OECD
3 pillars of the UN guiding principles
John Ruggie:
State
Corporate: duty to respect the law
Victims:
Social audit
How old is the child? – legislation: 18/16/
4. communication and reporting
Trust: the cement of society
CRM: cause-related marketing
Cause 1 – 2, benefits & risks for both brands
Greenwashing: pretending helping the environment
Reporting
Value of reporting
Internal benefits
External benefits
GRI: good non-financial report –
Determining (universal standards)
Sector standards
Topic standards (formula, indicator)
4 basic principles guide the context
IIRC
Financial, manufactured, intellectual, human, …
1 slide – a visual of value chain
MVO risico checker
15 min – all group members speak
Visual presentation of supply chain,
Supply chain: contribute to organization putting service to the market (upstream, supplied by suppliers)
Value chain: product/service – encompass upstream and downstream
Principle of materiality: combination of relevant and significant -