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TBL & CSR - Sustainability Management

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Anand Subramaniam
Anand Subramaniam

Improve Brand (intangible) & Profitability (tangible) via Triple Bottom Line & Corporate Social Responsibility

BusinessTechnologie
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Sustainability Management Improve Brand & Profitability via TBL & CSR Anand Subramaniam
[object Object],[object Object]
Highlights ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Sustainability
Next Wave.. ,[object Object],[object Object],[object Object]
What is Sustainability? ,[object Object],[object Object],[object Object]
Why Sustainability ? Improve Productivity Reduce Absenteeism Improve Stakeholder Value Create Healthier Environments Improve Business Benefits Reduce Cost Reduce Risks
Key Aspects ,[object Object],[object Object]
Principles - Sustainable Performance Source: Improving Sustainability Performance - Epstein and Roy Ethics Environment Employment Value Community Profit Relationships Transparency Governance Sustainable Performance
Sustainable Enterprise - Qualities ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Corporate Social Responsibility (CSR)
Corporate Social Responsibility (CSR) ,[object Object],[object Object]
CSR - Benefits Reputation, brand, integrity and trust Transparency, effective risk management and public reporting = investor confidence Improved employee morale / pride = attracting talent Closer attention to the firm’s reputation and its intangible assets = competitive advantage Closer contact with the community = better business outcomes
CSR - Success Criteria Success Criteria Develop positive relations with all stakeholder groups Be transparent with results / outcomes in relevant areas Compelling Business Case Promote the triple bottom line within the firm Regular stakeholders communication Utilise a structured / methodical approach Create culture that fits with sustainability values Environmental Scan for programs and new ideas Inculcate a continuous improvement mentality Ensure high Stds. of workplace health and safety Facilitate / define firm’s motivation for CSR involvement Develop awareness & obtain top management commitment
Triple Bottom Line (TBL)
Mental Model Source - The Sustainability Advantage, Bob Willard. Typical Business View Sustainability View Society Envi-ron-ment Economy Environment Society Economy
Triple Bottom Line – Concept Environment Value Add Financial / Economic Value Add Social Value Add ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Tangible Value Intangible Value
Intangible Value – Improved Brand / Image Intangible Value Tangible ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Triple Bottom Line (TBL) ,[object Object],[object Object],[object Object]
Increasing Trends ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Business Case for Sustainability
Business Case Maximise Revenue Minimise Cost
Cost Minimisation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Minimise Cost
Revenue Maximisation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Maximise Revenue
Sustainability Management Framework
Framework - Sustainability Management ,[object Object],[object Object],[object Object],Scope / Structure Implement Conceptual Framework Evaluation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Vision / Mission ,[object Object],[object Object],[object Object],[object Object],[object Object],Capture Communicate Collaborate Continuously Improve Sustainability Management
Roadmap - Planning for Sustainability
Reasons for Sustainability Planning ,[object Object],[object Object],[object Object],[object Object]
Roadmap – Planning for Sustainability Vision Success Criteria Strategic Resourcing / Funding Change Management Stakeholder Relationship Advocates / Champions Internal Process / Systems Sustainability Plan
Vision ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Success Criteria / Results ,[object Object],[object Object],[object Object],[object Object]
Strategic Resourcing / Funding ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Change Management ,[object Object],[object Object],[object Object],[object Object],[object Object]
Stakeholder Relationship ,[object Object],[object Object],[object Object],[object Object]
Advocates / Champions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Internal Process / Systems ,[object Object],[object Object],[object Object]
Sustainability Plan ,[object Object],[object Object],[object Object],[object Object]
HR’s Role in Building a Sustainable Enterprise
HR Agenda – Employee Sustainability ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Reference
Resources ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object]
[object Object],[object Object]

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TBL & CSR - Sustainability Management

  • 1. Sustainability Management Improve Brand & Profitability via TBL & CSR Anand Subramaniam
  • 2.
  • 3.
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  • 7. Why Sustainability ? Improve Productivity Reduce Absenteeism Improve Stakeholder Value Create Healthier Environments Improve Business Benefits Reduce Cost Reduce Risks
  • 8.
  • 9. Principles - Sustainable Performance Source: Improving Sustainability Performance - Epstein and Roy Ethics Environment Employment Value Community Profit Relationships Transparency Governance Sustainable Performance
  • 10.
  • 12.
  • 13. CSR - Benefits Reputation, brand, integrity and trust Transparency, effective risk management and public reporting = investor confidence Improved employee morale / pride = attracting talent Closer attention to the firm’s reputation and its intangible assets = competitive advantage Closer contact with the community = better business outcomes
  • 14. CSR - Success Criteria Success Criteria Develop positive relations with all stakeholder groups Be transparent with results / outcomes in relevant areas Compelling Business Case Promote the triple bottom line within the firm Regular stakeholders communication Utilise a structured / methodical approach Create culture that fits with sustainability values Environmental Scan for programs and new ideas Inculcate a continuous improvement mentality Ensure high Stds. of workplace health and safety Facilitate / define firm’s motivation for CSR involvement Develop awareness & obtain top management commitment
  • 16. Mental Model Source - The Sustainability Advantage, Bob Willard. Typical Business View Sustainability View Society Envi-ron-ment Economy Environment Society Economy
  • 17.
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  • 21. Business Case for Sustainability
  • 22. Business Case Maximise Revenue Minimise Cost
  • 23.
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  • 27. Roadmap - Planning for Sustainability
  • 28.
  • 29. Roadmap – Planning for Sustainability Vision Success Criteria Strategic Resourcing / Funding Change Management Stakeholder Relationship Advocates / Champions Internal Process / Systems Sustainability Plan
  • 30.
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  • 38. HR’s Role in Building a Sustainable Enterprise
  • 39.
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  • 43.