Corporate Sustainability Frameworks?

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Corporate Sustainability Frameworks?
Santosh Nagarajan, Professor, India

Can anyone please help me with a corporate sustainability model or framework being adopted in organizations? I am trying to implement this aspect in my organization. Thanks & regards.

Corporate Sustainability Model
lepage, Teacher, France
Dear colleague, I have been working on organizations with a Markov model of sustainability. One publication is available in the TQM journal about the topic, from my experience (author Alain Lepage).
Don't hesitate to have a connection with me. I would be pleased to give some help.

Markov Model of Corporate Sustainablity
Santosh Nagarajan, Professor, India
Thank you sir. Can you please let me know which TQM journal you are referring to? Regards.

Your Question About Markov Model Applied to Sustainability
lepage, Teacher, France
@Santosh Nagarajan: Dear Sir, here is the reference of he publication in the TQM journal: The Quality of Life as Attribute of Sustainability, TQM Journal, England, March 2009. Best regards.

GRI (Global Reporting Initiative)
daizy, Other, India
GRI is an acronym that stand for: Global Reporting Initiative.
It is a universal sustainability framework which is divided into 3 parts:
- Economic which covers nine indicators,
- Environmental which covers 30 indicators, and
- Social which covers 40 indicators.
For more information see the Sustainability Reporting Guidelines of current version G3: here.

Corporate Sustainability Framework by Eccles and Serafeim
Jaap de Jonge, Editor, Netherlands
Another recent CS Framework is the 4-stage sustainability strategy framework by Eccles and Serafeim:
1. IDENTIFY the most critical ESG issues in your type of business.
2. QUANTIFY the financial impact of ESG improvements (one can use the SASB Materiality Maps for this, which distinguishes 43 potential impact issues in 5 main categories: Environment, Social Capital, Human Capital, Business Model and Innovation, Leadership and Governance).
3. Undertake MAJOR INNOVATION in products, processes and business models to achieve the improvements under 2 (Improving a single product or process innovation will be insufficient to affect the whole corporation).
4. COMMUNICATE with stakeholders about these innovations. For example by integrating ERG information in the annual report.
Source: HBR May 2013
For some more information, see also the discussion topic: Overcoming Barriers of Corporate Sustainability.


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