3. Sustainability in Company Flashcards

1
Q

Business for Social Responsibility (BSR) Definition

A

“Achieving commercial success in ways that honor ethical values and respect people, communities, and the natural environment.”

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2
Q

Social Responsibility Strategies

A
  • Reactive strategy (Reaction = Deny or ignore Responsibility)
  • Defensive strategy (Put up a fight)
  • Accomodation strategy (Accept Social Responsibility in response to presure)
  • Proactive strategy (Take the Initiative; Establish a positive model for the Industry)
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3
Q

Social responsibility as a measure of performance

A

“How much an organization contributes to sustainable development and its impacts on society and the environment.”

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4
Q

Corporate Social Responsiblity and Protocols

A
  • The GRI Guidelines now rank among the most widely recognized Corporate Social Responsibility
    (CSR) instruments among large European companies, according to new research published by the
    European Commission.
  • A survey of the public CSR statements of 200 randomly selected large companies suggests that the
    GRI Guidelines are now referred to almost as frequently as the UN Global Compact.
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5
Q

What is the UN Global Compact?

A
  • The Global Compact describes itself as the largest voluntary corporate sustainability initiative in the world.
  • Has its origins in a speech by the then UN Secretary-General Kofi Annan at the 1999 World Economic Forum in Davos, where he called on the business community to join with the UN in helping to put a human face on globalisation.
  • 10 principles on Human Rights, Labour Standards, Environment, Corruption
  • More than 12,000 businesses, in 160 countries around the world.
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6
Q

The Ten Principles of the UN Global Compact

A

Human rights
1. Businesses should support and respect the protection of internationally proclaimed human rights
2. Make sure that they are not complicit in human rights abuses
Labour relations
3. Uphold freedom of association and the effective recognition of the right to collective bargaining
4. Elimination of all forms of forced and compulsory labour
5. Effective elimination of child labour
6. Elimination of discrimination in respect of employment and occupation.
Environment
7. Support for a precautionary approach to environmental challenges
8. Undertake initiatives to promote greater environmental responsibility
9. Encourage development and diffusion of environmentally friendly technologies.
Combatting Corruption
10. Businesses should work against all forms of corruption, including extortion and bribery.

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7
Q

ISO 26000 providing Guidance on CSR

A
  • ISO 26000 is an International Standard giving guidance/recommendations about how any
    organization can improve its Social Responsibility and thus contribute to sustainable environmental, social and economic development.
  • It is designed to work in all organizational and cultural contexts – in any country or region
  • ISO 26000 is not certifiable, as it does not contain requirements. Its appeal is to those who, for whatever reasons, seek to improve their operating processes and impacts through socially responsible behavior.
  • It was internationally negotiated through ISO’s consensus method, using a multistakeholder approach, and balance to reflect global diversity (see Annex 2 for more information about this process, and the different stakeholder groups).
  • It incorporates the real-life experiences of its many contributors, and at the same time builds on international norms and agreements related to Social Responsibility
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8
Q

Sphere of influence

A
  • The concept of ‘sphere of influence’ is related to the term significance
  • Used in ISO 26000 to delineate the responsibility of an organization over its impacts and aligned
    with the guidance provided by the UN Guiding Principles on Business and Human Rights.
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9
Q

Due diligence

A

Due diligence is the process to identify the actual and potential negative social, environmental and economic impacts of an organization’s decisions and activities, with the aim of avoiding and mitigating those impacts.

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10
Q

To define the scope of its social responsibility, identify relevant issues and set its priorities, an organization should address the following core subjects:

A
  • organizational governance;
  • human rights;
  • labour practices;
  • the environment;
  • fair operating practices;
  • consumer issues; and
  • community involvement and development.
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11
Q

Sustainable Development Goals (SDGS)
- AGENDA 2030

A
  1. No Poverty
  2. Zero Hunger
  3. Good Health and Well-Being
  4. Quality Education
  5. Gender Equality
  6. Clean Water and Sanitation
  7. Affordable and Clean Energy
  8. Decent Work and Economic Growth
  9. Industry, Innovation and Infrastructure
  10. Reduced Inequalities
    11.Sustainably Cities and Communities
  11. Responsible Consumption and Production
  12. Climate Action
  13. Life bellow Water
  14. Life on Land
  15. Peace, Justice and strong Institutions
  16. Partnerships for the Goals
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12
Q

Introductory Summary of SDGs

A
  • The Sustainable Development Goals (SDGs) are a set of 17 Global Goals, which are measured by progress against 169 targets.
  • Known as “Transforming our World: the 2030 Agenda for Sustainable Development.”
  • The goals were developed to replace the Millennium Development Goals (MDGs) which ended in 2015.
  • Unlike the MDGs, the SDG framework does not distinguish between ‘developed’ and ‘developing’ nations.
  • The UN-led process involved its 193 Member States and the global civil society.
  • The resolution is a broad intergovernmental agreement that acts as the Post-2015 Development Agenda.
  • It is a non-binding document released as a result of Rio+20 Conference held in 2012
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