Sustainability is Development that meets the needs of the present without compromising the ability of future generations to meet their own needs (as defined by Brundtland Commission in 1987) Sustainability as a management science is explained as a science using the Triple Bottom Line (coined by John Elkington) or 3 E’s Principle – Economics, Environment and Ethics. Economics, Environment and Ethics are the 3 pillars of Sustainability .All aspects of business needs to be viewed from these three lenses. Economics meaning profitability is only partially true because Economic well-being of the organization also covers the impact of its activities on generating jobs, upliftment of the standard of living of its employees and other neighbourhood. It also includes good governance practice. Environment is when the organization demonstrates that it contributes to the environment protection and is not merely complying with the regulations. Ethics means an organization takes care of the well-being of its employees and other stakeholders with whom they are associated
The trend is that an organization needs to expand the traditional reporting framework to take into account environmental and social performances in addition to financial performance. Financial Institutions, Investors and other stakeholders are making a demand on organizations for such a Report.
In view of the above requirement, a programme has been designed to familiarize the corporate world of Sustainability Management Concept and how to use it for improved Sustainability Performance. The training is based on ISO 26000 (Standard for Social Responsibility) and AA 1000 (Standard for Sustainable Development)
- Emergence of Sustainability Management
- Triple Bottom Line & Corporate Sustainability
- Evolution of CSR
- 3 E’s principle
- Dimensions of Sustainability
- Stakeholder Engagement based on AA 1000 Standard
- Principles of Social Responsibility
- Organizational Governance – legal Compliance, Accountability, Transparency & Ethical Conduct
- Economic Dimension
- Ethics – Human Rights, Labour Practice & Fair Operating Practices
- AA 1000 Accountability Principles Standard 2008 – Evolution, Aims & Benefits
- The Foundation Principle of Inclusivity
- The Principle of Materiality
- The Principle of Responsiveness
- AA 1000 Assurance Standard 2008 – Evolution, Aims & Benefits
- Sustainability Report – Global Reporting Initiative
- Self Assessment of Sustainability Performance
- The company has the capability of adopting Sustainable Business Model for long-term sustenance.
- The ability to initiate Sustainability Reporting, a pre-requisite requirement in the present business scenario
Who should attend?
- Managers who are from the core business improvement team of the company
- Executives responsible for implementing and assessment of managements systems
- Executives responsible for Reporting on the performance of the company.