Integrating ESG issues into executive pay

This comprehensive paper from UN-backed Principles for Responsible Investment initiative and Global Compact LEAD (a leadership platform within the UN Global Compact)  facilitates discussions between a diverse group of institutional investors and companies to identify the rationale, feasibility, and effectiveness of corporate practices, which include environmental, social, and governance factors within executive management goals and incentive schemes. The main objective of the resulting guidance is to support and enhance the investor-company dialogue on these practices. The recommendations and guidance presented aspire to reflect a common understanding of major opportunities and challenges, as well as practical examples. This document provides a tangible engagement tool to guide dialogue between shareholders and investee companies on this topic, and will help improve corporate boards’ practices to the benefit of both companies and their investors.

Making Sustainability Stick

Chapter 5 of this book (Goals/Vision and your Sustainability North Star) provides activities and frameworks for companies to help identify senior leaders of organizations and further assign those senior leaders the responsibility and accountability of achieving and driving forward progress to achieving sustainability goals. The entire book is a useful resource for any organization beginning to think about embedding sustainability into their organization and provides frameworks and tools for businesses to identify and define sustainability in their organization, understand material issues, baseline their sustainability initiatives and create goals and targets, and creating sustainable systems and processes.

What’s the Hard Return on Employee Wellness Programs?

Historically, employee wellness programs have been viewed as an extra benefit to employees, rather than a strategic imperative to the business. But research suggests that the ROI on comprehensive, well-run employee wellness programs can be impressive, and sometimes as high as six to one. In this article, authors Berry, Mirabito, and Baun explain that the most successful wellness programs are supported by six essential pillars: engaged leadership at multiple levels; strategic alignment with the company’s identity and aspirations; a design that is broad in scope and high in relevance and quality; broad accessibility; internal and external partnerships; and effective communications.

Freeport-McMoRan: Localizing Global Social Investment Strategies

This brief case from Business for Social Responsibility (BSR) demonstrates how mutual benefits can be derived by businesses collaborating with NGOs and communities to explore opportunities for investment. It explores how a non-profit organization worked with a major mining company to develop a new approach to engaging communities, and helped shift the company's emphasis on investments in philanthropy towards a participatory approach to investments that satisfied both the company's and community's needs.

Creating partnerships for sustainability

The article discusses how long-term sustainable collaborations with other organizations (both public and private) can help businesses tackle complex environmental and social issues. Through research with businesses, government, and NGO leaders, authors Albani and Henderson provide seven ways that businesses can successfully collaborate.

Unlocking the Power of Partnerships

This report aims to highlight the potential strength of effective cross-sector partnerships in delivering against broader societal sustainability goals. KPMG have supplemented their own experiences with one-to-one interviews and research to put forward a framework of eight factors that should be considered when creating, operating, and sustaining collaborative partnerships.

Sustainability Through Partnerships

This report offers a comprehensive summary of how collaboration is key to unlocking sustainability. The report starts with the premise that no single organisation or sector has the knowledge or resources to "go it alone," and explores the nature and characteristics of different types of multi-sector partnerships before offering a model for the creation of cross-sector partnerships. The report ends with a series of focused recommendations and good practice for different groups (Business, NGOs, Government, and Communities) engaging in partnerships.

New The Task Force on Climate-related Financial Disclosures

Momentum is growing for organizations to formally and transparently articulate the risks that climate change poses to the value of their assets and their future profitability. The Task Force on Climate-related Financial Disclosures (TCFD) has emerged as a response to this call for action, empowering companies to more effectively measure and evaluate their own risks and those of their suppliers and competitors. The TCFD promotes “consistent, comparable, reliable, clear, and efficient” voluntary climate-related financial disclosures, and has developed comprehensive recommendations and resources in support of this. These resources focus on governance, strategy, risk, metrics, targets, and the use of scenario analysis for evaluating climate-related financial risks and opportunities.

The work of the TCFD has culminated in a comprehensive Final Recommendations report and several supplemental reports, including a Technical supplement, which provides in-depth information and tools for using scenario analyses to understand the strategic implications of climate-related risks and opportunities to your organization.

Five Ways for Businesses to Integrate Sustainable Practice Into Their Operations and Strategy

This article briefly explains the five key learnings and business planning policies and processes that were implemented for Marks and Spencer in 2007 regarding its sustainability initiatives. This can be used as a framework for businesses that are looking to integrate sustainable business practices into their early operations, strategy, and planning stages.

How to really, truly integrate sustainability into your business

This article talks about the potential avenues and resources companies can adopt towards integrating sustainability into their business. Regarding business processes and systems, the article discusses the usage of Integrated Reporting as a framework for companies to better understand the interconnections between issues and the departments addressing them.