Transcript Definitions and Drivers of CSR

Basic Definitions and
Drivers
(Sustainability Reporting)
Introduction and scene setting
Types of private
sector involvement
Development
benefits
Core business
models / systemic
impact
CSR / Social
investment
Risk
Philanthropy
Business
benefits
Evolvement
Practice Focus
Internal
Compliance
Philanthropy
Low End
Results Orientation
Sustainability
Management
CSR
Pro-Poor
Business Models
High End
Future prospective
Its all about stakeholders
Shareholders
Employees
Government
Communities
Company
Future generations
Competitors
Business partners Customers
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.
Global Reporting
Initiative
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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
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
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
ENABLING FRAMEWORK ACTIVITIES
• work with governments to improve infrastructure,
healthcare, education, quality
• address environmental, regulatory and fiscal policies
• engage in dialogue
COMMUNITY ACTIVITIES
• support education, training, youth development
• transfer skills & technologies
• build capacity of community leaders and social entrepreneurs
• partner in social, health and community programmes
Source: based on Business and the Millennium Development Goals, IBLF
Lower standards?
What’s the business value in reporting?
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Disclosure of information to external stakeholders as requested
by stock markets around the world and in Egypt by 2010
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Measurement and analysis the company’s own performance.
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Enhancing Raya’s reputation by differentiating itself from
competitors and gaining a competitive advantage in capital,
labour and customer markets.
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Strengthening external relationships by publicly sharing
information on Raya’s economic, environmental and social
performance.
What’s the business value in reporting?

Building internal alignment and capacities of employees.
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Improving performance through cost savings and more
effective use of internal resources.
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Enhancing corporate accountability and transparency.
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Sustainability reports can also be a useful tool to introduce the
company when accessing work in new countries.
Examples of reporting companies in
Egypt
And More everyday