Pathway

Integrate

Description

Build sustainability into the plans, policies, and processes that guide and support your organization’s daily work.

Practice

Business Planning

Description

Business planning: incorporate sustainability into the organization's business planning process

Question

To what extent do you integrate sustainability into your business planning process?

Resources


Practice

Business Processes and Systems

Description

Business processes and systems: ensure that the organization's existing business processes and systems are in alignment with delivering on its sustainability commitments

Question

To what extent have you undertaken a process to ensure that your existing business processes and systems are in alignment with delivering on your sustainability commitments (for instance, project management systems; design processes; and accounting or financial management systems)?

Resources


Practice

Policies

Description

Develop and put into use policies, codes of conduct, and management standards related to sustainability

Question

To what extent do you create and make use of organizational policies, codes of conduct, and management standards related to sustainability?

Resources

  • New Next Generation Governance: Developing Position Statements on Sustainability Issues

    Author: Embedding Project
    There is growing pressure among companies to link social and environmental limits to corporate strategy and goal-setting. However, the result is often a lengthy document that fails to make strategic connections between specific issues and their implications on business decision-making. We developed this guidebook to help you articulate a concise and transparent board level position on key environmental, social, and governance issues. Drawing upon in-depth analyses of over 3000 board position statements; over 300 interviews with CEOs, directors, and board chairs; and concepts outlined in our series on the Road to Context, this guidebook provides a checklist for crafting a contextual board position statement and includes examples from a range of industries and global settings.

Practice

Procedures

Description

Outline and equip employees to enact the procedures that are required to deliver on the organization's sustainability commitments

Question

To what extent have you aligned your procedures to guide employees in enacting your sustainability policies?

Resources


Practice

Governance

Description

Integrate into governance: incorporate fundamental considerations of environmental and social factors into the governance of the organization

Question

To what extent do you incorporate fundamental considerations of environmental and social factors into the governance of the organization?

Resources


Practice

Risk

Description

Incorporate sustainability considerations into the organization's risk process

Question

To what extent do you integrate sustainability into your risk assessment process?

Resources

  • New The Task Force on Climate-related Financial Disclosures

    Momentum is growing for organizations to formally and transparently articulate the risks that climate change poses to the value of their assets and their future profitability. The Task Force on Climate-related Financial Disclosures (TCFD) has emerged as a response to this call for action, empowering companies to more effectively measure and evaluate their own risks and those of their suppliers and competitors. The TCFD promotes “consistent, comparable, reliable, clear, and efficient” voluntary climate-related financial disclosures, and has developed comprehensive recommendations and resources in support of this. These resources focus on governance, strategy, risk, metrics, targets, and the use of scenario analysis for evaluating climate-related financial risks and opportunities.

    The work of the TCFD has culminated in a comprehensive Final Recommendations report and several supplemental reports, including a Technical supplement, which provides in-depth information and tools for using scenario analyses to understand the strategic implications of climate-related risks and opportunities to your organization.

  • World Economic Forum 2018 Global Risks Report

    This report goes beyond identifying the risks (failure of climate change mitigation and adaptation, fiscal crises in emerging economics, food crises, water crises, etc.) to considering the interconnections between them, and speculating on how they may play out in the future. This may help you in thinking through what these large-scale systemic risks might mean for your organization.
  • Risk Assessment Tool

    Use this tool to quickly assess a potential risk. It will guide you through the process of considering the consequences and likelihood of the risk occurring, as well as strategies for mitigation. This tool is part of a 'getting started' toolkit on community engagement for managers in mining exploration and development companies, but may be useful for practitioners in other industries as well.
  • Water Risk Monetizer

    You can use this tool to estimate the amount of revenue that could potentially be lost due to the impact of water scarcity on your organization's operations. It is a free tool developed by ECOLAB and Trucost. It draws on global basin-level water data, and will help you determine water risk at a facility level.

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