BSBSUS601 - Presentation Week 1

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Lead corporate social

responsibility
BSBSUS601

Week #1

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TOPICS • Introduction
• What is sustainability
• What is corporate
governance
• What is corporate social
responsibility

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LEARNING
• Define sustainability
OBJECTIVES • Define corporate
social responsibility

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What is Sustainability?

Sustainability means meeting our own


needs without compromising the ability of
future generations to meet their own needs.
In addition to natural resources, we also
need social and economic resources.

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Triple Bottom Line

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Three pillars of corporate sustainability

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PEOPLE: The Social Pillar of Sustainability

PLANET: The Environmental Pillar of Sustainability

PROFIT: The Economic Pillar of Sustainability

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Environmental Sustainability

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What is corporate governance?
Corporate governance is the corner stone of any good
business. It encompasses the processes, practices and policies
that a company relies on to make formal decisions and to manage
the company.
The term "corporate sustainability" describes a new corporate
management model. It can also fall under the broader term
"environmental, social governance" (ESG).
Corporate sustainability emphasises growth and profitability
through intentional business practices where the goal is to provide
long-term value for stakeholders without compromising people,
the planet, or the economy.

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What is corporate social responsibility?

https://www.ozassignments.com/solution/corporate-social-responsibility-paper-editing-services

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Success of a sustainability policy
Culture Management must be committed to sustainability and this commitment should be
communicated in the sustainability policy as well as in other organisational documents,
  such as mission, vision, strategic goals etc.

Compliance The policy should reference and should be developed in consideration of legal
obligations and compliance requirements related to sustainability.

Accountability The policy should outline key personnel responsible for managing the policy, monitoring
and reviewing.

Consultation Stakeholders from all levels should be consulted when developing, monitoring or
reviewing sustainability policy in order to gather the most input and promotes
acceptance and support.

Capacity The policy should outline required resources, personnel and capabilities and should
include processes for training staff and allocating resources.

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ISO 14001

ISO 14001 defines an aspect as an “element of


an organisation's activities or products or services
that interacts or can interact with the environment”
and an impact as a “change to the environment,
whether adverse or beneficial, wholly or partially
resulting from an organization's
environmental aspects.”

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Laws and Regulations

• Environment
• Commonwealth laws
• Victorian State
legislation

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DISCUSSION

Importance of CSR

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Sustainability reporting

Sustainability reporting is the


disclosure and communication of
environmental, social, and
governance (ESG) goals—as well
as a company's progress towards
them.

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CONCLUSION

QUESTIONS AND
RECAP

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Disclaimer

Icons and images in this document sourced and purchased from:


www.dreamstime.com/, sourced via google search as ‘labelled for
reuse with modifications’ or sourced from www.pixabay.com
under a CC0 Creative Common license (free for commercial use
and no attribution required).

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