Tag Archives: stakeholder

A checklist to improve your CSR program!


Red exotic flowerWe have decided to publish a series of 8 press releases, along with blog articles, providing organizations with a checklist of questions they can ask to easily identify potential improvement areas in the sustainability/CSR management.

The first one focuses on the overall CSR strategy, and is divided into 6 main themes:

1 –  Is the management engaged?

2 – Are employees involved?

3 – Are stakeholders consulted?

4 – Is the sustainability strategy intertwined with the overall strategy?

5 – Is a mechanism review implemented to measure the efficiency of the strategy?

6 Does the company communicate about the CSR program?

The above points should ensure that the CSR/sustainability program is efficient.

First, the management needs to understand the importance of such topics, at least in terms of risks and opportunities. It is better to assign dedicated roles and responsibilities to make sure that topics are taken into account.

To ensure the success of the CSR program, it is important that employees are aware of such programs and can actively take part in it. Employees are the ambassadors of the company, which means that they can influence the reputation of the company. Also, such initiatives can reinforce their motivation.

Third, all stakeholders (not only management or employees) need to be consulted and engaged as the role of CSR is to manage impacts towards them. Their opinions and ideas are thus required.

From a strategical standpoint, the CSR program makes even more sense when it is embedded in the overall strategy. In this sense, organizations can prioritize topics which are relevant to address them. This can ensure a long-term strategy, which will be beneficial for the stakeholders and the organization.

Once the strategy is decided, the program can be rolled out. With this, it is paramount to set quantitative targets that will be measured by specific metrics. The metrics will show the success of the initiatives, and are a way to reassess the strategy and its objectives.

Finally, such successes and decisions should be communicated to impacted stakeholders, included involved employees and the management, so that they understand the efficiency of the CSR program. Such communication also acts as a basis for discussions.

To discover the full checklist for the overall CSR program, please go to http://dfge.de/en/checklist-to-easily-improve-sustainability-programs/ or contact us at info@dfge.de

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Top 10 Sustainability documents


Financial Planning, Pen and Calculator and Review of Year End Reports

Lost in all the requests for information linked to sustainability management and reporting? DFGE has chosen the top 10 documents you can easily share with your stakeholders.

Nowadays, transparency is expected from companies and CSR/sustainability reporting has been increasing by 5 points from 2011 to 2014[1]. There are many channels where information can be reported: it can be asked directly from customers, it can be a need from the communication department, the sales department might need to answer a bid of tenders, the shareholders may want your company to publish a CSR report, audits are also taking these topics into account, among other examples.

To make your company save time, DFGE has listed the top 10 documents that can be provided in this sense and their interests, like the CSR report. To consult the full list please go to our press release.

You can also contact us directly at info@dfge.de or consult our website: http://dfge.de

[1] Source: http://www.grantthornton.co.uk/en/insights/trends-in-corporate-social-responsibility-2014/

Understand GRI in 2 minutes


What is the purpose of GRI?

GRI (Global Reporting Initiative) is an internationally recognized standard for CSR reporting to help organizations set goals, measure performance, and manage change in order to make their operations more sustainable. The guidelines are now in their 4th version (G4).

G4 process in a few words:
– Identify your company’s “Material Aspects”, e.g. the environmental, social and other CSR impacts that your organization is facing and how they relate to the broader sustainability context. In this sense, you will be focused only on what truly matters and how it impacts your stakeholders. When defining such issues, it is fundamental to consult them to match your organization’s priorities with theirs. This step is also called “Defining Report Content”.
– Prepare the data to be submitted in the report: the “General Standard Disclosures” (including “Material Aspects” and “Stakeholder Engagement”) and “Specific Standard Disclosures”, whose contents will depend on the “Identified Material Aspects”. Here you can choose the extent to which your company wishes to report, with “Core” and “Comprehensive” option. During this step, “Principles for Quality” are to be complied to make sure that the report is comparable, accurate, understandable,…
Write and shape the report. You can choose any structure, for instance according to your strategy’s pillars. You just need to include the GRI index showing the indicators can be found. If the report is not complete, a given statement will be added.
Publish your report and notify GRI.

What are the benefits?

  • Identify CSR priorities
  • Track performance
  • Benefit from competitive advantage
  • Enhance relations with stakeholders
  • Facilitate comparability

DFGE is happy to answer your questions and provide more support.

For more information, please consult the GRI-Website or check this video focusing on the differences between GRI3 and GRI4: