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Making Sustainability Work

Book Description

The best practices in corporate social responsibility (CSR) are no longer the exclusive domain of companies like Ben & Jerry's or the Body Shop; now even companies like GE and Wal-Mart are making significant financial and organizational commitments to social and environmental issues. But senior executives are realizing that implementing sustainability is particularly challenging. While a lot has been written on ethical and strategic factors, there is a dearth of information on the practical nuts and bolts of implementation and virtually nothing on how to measure the results. In Making Sustainability Work, Marc Epstein builds on his influential and highly respected previous work to produce the ultimate how-to guide for corporate leaders, strategists, academics, sustainability consultants, and anyone else with an interest in actually putting sustainability ideas into practice.

Table of Contents

  1. COVER PAGE
  2. TITLE PAGE
  3. COPYRIGHT PAGE
  4. ABOUT THE AUTHOR
  5. LIST OF CASES, FIGURES, AND TABLES
  6. FOREWORD
  7. FOREWORD
  8. PREFACE
  9. INTRODUCTION: IMPROVING SOCIAL AND FINANCIAL PERFORMANCE IN GLOBAL CORPORATIONS
    1. Why it’s important
    2. Managing corporate sustainability
    3. The corporate sustainability model
    4. Background to this book
    5. Making sustainability work
    6. And finally…
  10. CHAPTER 1: A NEW FRAMEWORK FOR IMPLEMENTING CORPORATE SUSTAINABILITY
    1. What is sustainability?
    2. Identify your stakeholders
    3. Be accountable
    4. Corporate sustainability model
    5. Summary
  11. CHAPTER 2: LEADERSHIP AND STRATEGY FOR CORPORATE SUSTAINABILITY
    1. Board commitment to sustainability
    2. CEO commitment to sustainability
    3. Leadership and global climate change
    4. Developing a corporate sustainability strategy
    5. Thinking globally
    6. The role of the corporate mission statement
    7. Voluntary standards and codes of conduct
    8. Working with government regulations
    9. Social investors and sustainability indices
    10. Summary
  12. CHAPTER 3: ORGANIZING FOR SUSTAINABILITY
    1. The challenge for global corporations
    2. Involve the whole organization
    3. Information flow and a seat at the table
    4. Outsourcing
    5. Philanthropy and collaboration with NGOs
    6. Summary
  13. CHAPTER 4: COSTING, CAPITAL INVESTMENTS, AND THE INTEGRATION OF SOCIAL RISK
    1. The capital investment decision process
    2. Capital budgeting in small and medium enterprises
    3. Costs in the decision-making process
    4. Costing systems
    5. Risk assessment
    6. Summary
  14. CHAPTER 5: PERFORMANCE EVALUATION AND REWARD SYSTEMS
    1. Performance evaluation systems
    2. Incentives and rewards
    3. Strategic performance measurement systems
    4. Shareholder value analysis
    5. Summary
  15. CHAPTER 6: THE FOUNDATIONS FOR MEASURING SOCIAL, ENVIRONMENTAL, AND ECONOMIC IMPACTS
    1. The concept of value
    2. Methodologies for measuring social and environmental impacts
    3. Methodologies for measuring social and environmental risks
    4. Summary
  16. CHAPTER 7: IMPLEMENTING A SOCIAL, ENVIRONMENTAL, AND ECONOMIC IMPACT MEASUREMENT SYSTEM
    1. Mapping the actions that drive performance
    2. Sustainability performance metrics
    3. Engage with your stakeholders
    4. Measuring reputation
    5. Measuring risk
    6. Measuring social and environmental impacts
    7. Summary
  17. CHAPTER 8: IMPROVING CORPORATE PROCESSES, PRODUCTS, AND PROJECTS FOR CORPORATE SUSTAINABILITY
    1. Organizational learning: the new battleground?
    2. Improving sustainability performance
    3. Reducing social and environmental impact
    4. Involve the supply chain
    5. Internal reporting
    6. Summary
  18. CHAPTER 9: EXTERNAL SUSTAINABILITY REPORTING AND VERIFICATION
    1. Global reporting initiative
    2. Let everyone know how you’re doing
    3. External disclosure of sustainability measures
    4. Verifying sustainability performance and reporting
    5. Internal sustainability audits
    6. External sustainability audits
    7. Summary
  19. CHAPTER 10: THE BENEFITS OF SUSTAINABILITY FOR CORPORATIONS AND SOCIETY
    1. Make sustainability work
    2. Use the corporate sustainability model to improve performance
    3. Create opportunities for innovation
    4. A last word
  20. ENDNOTES
  21. BIBLIOGRAPHY
  22. INDEX