The COP describes robust commitments, strategies or policies in the area of environmental stewardship Reflection on the relevance of environmental stewardship for the company Written company policy on environmental stewardship Specific commitments and goals for specified years Reference to relevant international conventions and other international instruments e.
Current logistics assets would need to be sweated considerably if the proposed business model was to become viable, says Tebbutt. The end result is well supported measurement of operations and a tool that allows ad-hoc analysis to support decision making. Whilst this can be substantial, the co-operation of government, industry and communities will also be required in order to solve serious social and environmental problems.
Through greater awareness of the link between sustainability performance and business success, we believe that the DJSI has and will continue to play an important role in directing capital and increasing investments in sustainability by companies and investors.
The DJSI questionnaire is a dynamic and effective tool for companies to manage sustainability and thus financial performance. The COP describes robust commitments, strategies or policies in the area of anti-corruption Publicly stated formal policy of zero-tolerance of corruption D1 Commitment to be in compliance with all relevant anti-corruption laws, including the implementation of procedures to know the law and monitor changes B2 Statement of support for international and regional legal frameworks, such as the UN Convention against Corruption D2 Carrying out risk assessment of potential areas of corruption D3 Detailed policies for high-risk areas of corruption D4 Policy on anti-corruption regarding business partners D5 Criterion Olsen adds Many organisations are only starting out on their CR journey, so it is impossible to assess the extent of its potential impact.
End hunger, achieve food security and improved nutrition and promote sustainable agriculture SDG 3: D3 Indicators of Human Resources procedures supporting the anti-corruption commitment or policy Outcomes of mechanisms for reporting concerns or seeking advice Ref.
An organisation needs to look carefully at its own situation, the business it operates in and what is important to its various stakeholders. Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels SDG The COP describes effective monitoring and evaluation mechanisms of labour principles integration System to track and measure performance based on standardized performance metrics Audits or other steps to monitor and improve the labour performance of companies in the supply chain Leadership review of monitoring and improvement results Process to deal with incidents Criterion Conserve and sustainably use the oceans, seas and marine resources for sustainable development SDG Organisations interviewed agreed that CR provides significant benefits for the business, employees, customers, investors and society.
Take urgent action to combat climate change and its impacts SDG The COP describes effective monitoring and evaluation mechanisms for the integration of anti-corruption Leadership review of monitoring and improvement results D12 Process to deal with incidents D13 Use of independent external assurance of anti-corruption programmes D15 Public legal cases regarding corruption D14 Criterion RobecoSAM evaluates criteria annually to verify the link to financial performance.
Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all SDG 5: D9 Disclosure of main incidents involving the company Criterion The COP describes key outcomes of human rights integration Outcomes of due diligence process External and formal reporting of operations or operating contexts that pose risks of severe human rights impacts Disclosure of main incidents involving the company Outcomes of processes of remediation of adverse human rights impacts Criterion 7: In regulated environments or Plcs, CR is vital to ensuring a long-term licence to operate.
Other key findings reveal that for CR to be successful it needs to be integrated into company — wide systems and be the subject for new thinking within and beyond the Board Room.
If handled incorrectly CR can be perceived as an unwelcome distraction from their core roles.
Are you prepared to convey the business case for DJSI internally? The COP describes engagement with all important stakeholders Regular stakeholder consultations in the area of human rights, labour, environment and anti-corruption List of stakeholder groups engaged by the organization Outcome of stakeholder involvement Process for stakeholder identification and engagement Process of incorporating stakeholder input into corporate strategy and business decision making UN Goals and Issues Criterion 4: This leads to improved management of sustainability organizationally, enabling your company to make a more positive impact now and well into the future.
Use industry-specific metrics Each industry sector receives a questionnaire focused on the sustainability topics most relevant to the success of companies within that industry.
The way forward includes the optimisation of the planning office, equipment centre optimisation, master data improvement and green supply chain initiatives.WOOLWORTHS GROUP SUSTAINABILITY REPORT PERFORMANCE HIGHLIGHTS 1. Product renovation Removing artificial colours, flavours and added MSG and reducing saturated fat, sugar and sodium across own brand products.
Country of Origin labelling We were the first supermarket to commence. Woolworths is an illustrative case study because of its far-reaching commitments, sustainability management system, and boundary. Free Essay: Contents Executive Summary 1 Introduction 2 Defining Sustainability 2 What Sustainability means to Woolworths 3 Corporate Stakeholders of.
About us. Since the launch of the globally renowned Dow Jones Sustainability Index (DJSI) series inRobecoSAM has been driving. Woolworths Limited - Communication on Progress Participant. Woolworths Limited; Published.
/04/04 Time period. July – June Sustainability Reporting Guidelines. COP qualifies for Level B or higher of the GRI application levels. Board, where permissible, approves COP and other formal reporting on corporate sustainability. The Woolworths Good Business Journey.
Author: Justin Smith- Woolworths Corporate Governance (Article Type: Sustainable Development) Sustainability’ is a fundamental part of a company’s governance practices, but also an opportunity to position the company in a positive light to its customers and other stakeholders.Download