Sustainability

Sustainability: What It Is and How to Measure It begins with a succinct business-focused summary of how to think about the risks and opportunities associated with sustainability. The author then includes his proprietary framework, The Corporate Sustainability ScorecardTM C-suite rating system, including the over 140 key sustainability indicators that are used to rate an organization's sustainability efforts. Each KSI includes examples from organizations around the world, giving the reader a complete and unbiased understanding of all aspects of sustainability. The Scorecard has been developed over the past 20 years and used by more than 70 corporations to rate themselves on sustainability.

Gilbert S. Hedstrom illustrates the use of the Scorecard with hundreds of examples. He discusses sustainability transformation, governance, and strategy and execution. Social responsibility and environmental stewardship form important parts of his discourse in this important contribution to the debate on sustainability that will benefit business executives and those interested in sustainability and business.

Read the author's related article on the NACD blog here: https://blog.nacdonline.org/posts/pge-lessons-oversight

Auteur

Gilbert S. Hedstrom, Hedstrom Associates

Résumé

Sustainability: What It Is and How to Measure It begins with a succinct business-focused summary of how to think about the risks and opportunities associated with sustainability. The author then includes his proprietary framework, The Corporate Sustainability ScorecardTM C-suite rating system, including the over 140 key sustainability indicators that are used to rate an organization's sustainability efforts. Each KSI includes examples from organizations around the world, giving the reader a complete and unbiased understanding of all aspects of sustainability. The Scorecard has been developed over the past 20 years and used by more than 70 corporations to rate themselves on sustainability.

Gilbert S. Hedstrom illustrates the use of the Scorecard with hundreds of examples. He discusses sustainability transformation, governance, and strategy and execution. Social responsibility and environmental stewardship form important parts of his discourse in this important contribution to the debate on sustainability that will benefit business executives and those interested in sustainability and business.

Read the author's related article on the NACD blog here: https://blog.nacdonline.org/posts/pge-lessons-oversight

Contenu
Part 1 1

Chapter 1: Sustainability in 2020 and Beyond 3

The Drivers: Economics 101 3

Sustainability: Four Big Buckets 5

The Huge Business Opportunity 6

Mixed Signals 7

How to Get Started 8 Chapter 2: Why Bother? 11

Opportunity of the Century 11

Global Risk ReviewWEF 13

But WaitDelhi, Delft, Des Moines 13

Why Have Companies Pursued ESG? 14

The Business Case for Sustainability 15

Investors Speaking Up 16

Customers Speaking Up 18

Approaching the Tipping Point 18 Chapter 3: TerminologyWhat Does Sustainability Really Mean? 21

The Jargon 21

What Is Sustainability? 22

ESG and the Triple Bottom Line 22

Two Sides of the Coin: Stop and Go 23

From Farm to Fork 24

Today's Sustainability Conversation 26 Chapter 4: What Does Sustainability Mean to Your Industry? 29

The 30,000 Foot View 29

The Common Denominator: More ProfitLess Stuff 30

Tomorrow's Industry Sectors 31

Tomorrow's Industry SectorsToday 32

Counterpoint: The Skeptics 34

Positioning for Growth 35 Chapter 5 : Governance and Leadership: The G in ESG 37

The Situation: Governance and Sustainability 38

Governance: The Key Elements 38

Investors' Dilemma: Failing the 80/20 Rule 40

Governance at a Glance: Tomorrow's Leaders Today 41

The Scorecard: Governance and Leadership 43 Chapter 6: Strategy and Execution: The Missing S in ESG 45

The Situation: Beyond ESG 46

Strategy: The Key Elements 47

The Opportunity: Strategy and Sustainability 47

Strategy and Execution at a Glance: Tomorrow's Leaders Today 49

The Scorecard: Strategy and Execution 51 Chapter 7: Environmental Stewardship: The E in ESG 53

The Situation: Overdose on Environmental Issues 54

Materiality Assessment 54

Environment: The Key Elements 57

Environmental Stewardship At a Glance: Tomorrow's Leaders Today 58

The Scorecard: Environmental Stewardship 59 Chapter 8: Social Responsibility: The S in ESG 61

The Situation: Looking BackNot Looking Ahead 62

Social Responsibility: The Key Elements 63

The Opportunity: Glass Half Full 64

Social Responsibility at a Glance: Tomorrow's Leaders Today 65

The Scorecard: Social Responsibility 66 Chapter 9: The New ESG Regulators 67

Investors: The New EPA? 67

The Global Regulatory Landscape 69

Private Sector Collaborations 73

The Impact of Millennials 73

Summary 74 Part 2 77

Chapter 10: Introduction to the Corporate Sustainability ScorecardC-Suite Rating

System 79

This chapter outlines: 79

What Is the Corporate Sustainability Scorecard? 79

Why this Scorecard? 80

Who Is the Scorecard Intended for? 81

How Is the Scorecard Structured? 82

The Four-Stage Transformation Model 82

How Should the Scorecard Be Used? 85

Will the Scorecard Change over Time? 86 Organization of Part 2 ...