Transcript Slide 1
development Standard presentation (short) - June 2008 WBCSD approach to measurement “Beyond the bottom line” Methodology – the business case Standard presentation (short) - June 2008 Excel-based user guide 2 Companies involved Standard presentation (short) - June 2008 3 External stakeholders involved • Alex Arnall (Independent) • Anthony Miller (UNCTAD) • Liane Lohde, Sujata Lamba and Weijen Leow (IFC) • Beth Jenkins (Harvard CSR initiative) • Mokhethi Moshoeshoe (AICC) • Helene von Granitz (Swedish National Institute Public Health) • Michael Oxman (BSR) • Jason Bauer and Rebecca Tunstall (MCC) • Dr. Norman Reynolds (The People’s Agenda, South Africa) • Sean Gilbert (GRI) • Jo Zaremba (Oxfam UK) • Sheri Willoughby (WRI) • Johan Verburg (Oxfam Novib) • W. Robert de Jongh (SNV) • John Morrison (BLIHR) Standard presentation (short) - June 2008 4 Business case: why measure? “beyond the bottom line”- why measuring impacts on society makes business sense Risk management Employee satisfaction New business opportunities Benefits of measuring impact Community relations Governments and regulators New partnerships Protect and grow Market share Better business 5 Framework objectives The Framework aims to help companies measure and assess their societal contribution and use this understanding to inform operational and future investment decisions It is also designed to: underpin the business license to operate; improve the quality of stakeholder engagement; help to manage risks more effectively ; and Identify ways to enhance the business contribution to society. Standard presentation (short) - June 2008 6 Key features of the Framework • Built by business for business • Starts from what business does - business • Moves beyond traditional reporting • Encourages stakeholder engagement • Flexible • Complements existing tools • Externally reviewed Standard presentation (short) - June 2008 7 Business perspective Merging two perspectives Development/ societal perspective Business activity Direct impacts Indirect impacts Infrastructure Products and Services Jobs Skills and Training Procurement Taxes Corporate Governance Environmental Management Broader development contribution E.g. Economic Growth/GDP Poverty Alleviation Education Social Stability Public Health Human Rights Governance Capacity Building Enterprise Development Environmental Sustainability Standard presentation (short) - June 2008 8 Four-step Methodology Step 2 – Measure direct and indirect impacts Step 1 - Set boundaries Stakeholder engagement Step 3 – Assess contribution to development Step 4 – Prioritize management response Standard presentation (short) - June 2008 Measuring Impact Framework Decision by individual companies 9 Key aims of the 4 steps Step 1: • • What is the overall objective of the assessment for the company? What are the limits of the assessment? Step 2: • • • What are the company’s impacts? How can you measure the company’s impacts? Who & what is influencing these impacts? Step 3: • • • What are the company’s views of their impacts? Would the company like to engage stakeholders to discuss and validate the assessment results? If so, do stakeholders agree with the overall assessment of the company’s impacts? Step 4: • • How could the company enhance its impact? What could be done differently? Excel-based user guide User friendly excel-based guide to help companies customize the Framework to their respective operations. Companies can tailor the assessment to: - Different lengths and depths - Location and type of operation - Level of stakeholder engagement - Company strategic priorities Standard presentation (short) - June 2008 11 For more information please see Contact: [email protected] www.wbcsd.org/web/measuringimpact.htm Standard presentation (short) - June 2008 12 development www.wbcsd.org