A CSR/ESG roadmap with an implementation action plan.
What are the requirements and components of a sustainability roadmap (based on CSR/ESG Compliance)?
Environmental, Social, Governance (ESG), and Corporate Social Responsibility (CSR) knowledge is one of the most critical competencies for business leaders. Some vital issues are the lack of skills, follow-up and failures in ESG/CSR schemes, projects that affect a company’s reputation, financial performance, relationship with stakeholders, resilience, and long-term sustainability.
Focus on and develop the fundamental understanding and knowledge needed to prepare the Board of Directors and management checklist. The focus is on developing appropriate ground rules for decision-making, long-term business sustainability and understanding the critical components of monitoring sustainable CSR/ESG performance answering the following questions from the checklist:
Introduction to sustainability
- How to define sustainability (CSR-ESG) vision, goals and strategy
- Tool to identify, analyse and engage customers, investors and other stakeholders
- How to define and benchmark a sustainability policy
- How to identify, classify, assess, and manage sustainability risks
- How to measure and report sustainability indicators
- How to evaluate and demonstrate results
- How to identify and assess sustainability objectives
Creating a roadmap
- Establish corporate insight and management oversight of the organisation’s CSR/ESG-related risks and opportunities.
- Prepare the annual agenda of vital CSR/ESG business topics for the boardroom and at the senior management and leadership table.
- Introduce a list of non-industry-specific risks with potential actions.
- Create short- and long-term sustainable value by understanding what material to your business is and leading with purpose.
- Identify the priorities on the CSR/ESG issues that genuinely matter to the organisation. Then, find out where and how you can begin this journey and help your company and peers to succeed with a roadmap and a framework.
- Is climate change, supply chain, diversity, equity, inclusion, governance, human rights, or stakeholder demands?
Execution of the sustainability roadmap
- Tips for defining a sustainability policy, selecting a framework (e.g. ISOs 14001, 26000, 37101, GRI, SASB, UN Global Compact), and identifying and analysing stakeholders.
- Environmental Oversight and Foresight: How the Environment and Climate Change Will Impact Business
- Societal Oversight and Foresight: How Human Capital and Society Will Impact Business
- Identify the tsunami of regulations and disclosure standards, local, national, and global compliance to provide the mindset to enable a strategic approach to embed CSR/ESG considerations in your decision-making.
Monitoring the sustainability roadmap
- What are the environmental and societal changes that will affect the CSR/ESG operation and organisation?
- What are the stakeholders’ expectations of CSR/ESG business results?
- Training and awareness on anticipating and leading during major project disruptions to ensure resilience and business continuity during interruptions.
- ESG Risks, Opportunities, and Expectations in a fast-changing and unpredictable world
- What are the requirements to speed up global trends and developments, and how can these elements gain greater relevance to the organisation as we progress and advance?
- Good Corporate Governance and Becoming a Steward of The Future
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