Sustainability provides new challenges and opportunities. It is complex and constantly changing. As it is so dynamic, companies are usually not able to deal with these challenges, or benefit from its opportunities, on their own. This is where stakeholder engagement comes in. Working with stakeholders can provide new insights, better relationships, business opportunities, and a better reputation. Participation of stakeholders helps a company in developing a strategic response to sustainability. However, engaging with stakeholders is easier said than done. In this blog we will give three tips for taking stakeholder engagement to the next level.
Your 2015 annual report has been published, and it was well received. Great! But what makes the top reports stand out from the crowd? Apart from good content, assurance (or in other words, having your data audited by an external party) is high on the list. We will present 5 reasons why assurance may be the next step for your reporting.
Time is short! On April 19, 2016, the first set of drafts of the new Global Reporting Initiative (GRI) Sustainability Reporting Standards (SRS) were presented. Some drastic changes have been made to the structure compared to the previous G4 guidelines. If GRI sticks to its current planning, companies will have until December 31, 2017 to publish a (sustainability) report according to the ‘old’ GRI guidelines. As of January 1, 2018, all companies that wish to be GRI compliant must report according to the GRI SRS.
Science-Based Targets (SBTs) – helping to prevent the world from warming up by more than 2 degrees.
For instance with new target setting initiatives and benchmarks. A first concrete example of this is the Science-Based Targets initiative (SBTI), a partnership between CDP, UN Global Compact, WRI and WWF. SBTI aims to support organisations in taking emission target setting to the next level.
What is actually behind the UN Global 2030 Agenda for Sustainable Development goal? What is expected from the private sector? How, as a private organisation, can you implement and work with these globally accepted goals? And more importantly, how will results be measured and achieved?