Summary all lectures 2023 - Corporate Social Responsibility (6013B0501Y)
179 views 12 purchases
Course
Corporate Social Responsibility (6013B0501Y)
Institution
Universiteit Van Amsterdam (UvA)
Notes of all lectures, including Bernd's and guest lectures, written in nov-dec 2023 for the course Corporate Social Responsibility, part of the minor Business Administration: Managing Strategy and Marketing, at the University of Amsterdam
Berns Hendriksen - Introduction to winning sustainability prices 2
Carola Wijdoogen - 7 roles to create sustainable success 5
Carola Steenmeijer - ESG Risk Management within the financial sector 6
Annegeke Jansen - Future metrics for governments and companies 9
Jeroen Cox - Integrating sustainability 10
Anne Manschot - Introduction to business and human rights 13
Jeroen van Muiswinkel - Circular economy and energy transition 14
Charbel Moussa - Corporate Social Responsibility 16
Charlotte Extercatte - Sustainable transformations 18
,Lecture 1
Berns Hendriksen - Introduction to winning sustainability prices
CSR and Sustainability
- CSR often targets opinion formers such as the media, politicians, and pressure
groups
- Focuses on balancing current stakeholder interests
- Corporate sustainability takes a holistic approach → considering social,
environmental, and economical impacts
Trends in sustainability
Moving from … towards
- Company → supply chain
- Environment → social impacts
- Check the box → making an impact
- Top-down → bottom-up
- Nice to have → need to have
- CSR director → CFO and CEO
The quest for purpose
- In search of the Why
- Sustainability as a source of purpose
- Talent attraction and retention
- Purpose statement formulation
- Use business as a purpose (ex. Patagonia, Tony's Chocolonely, Dopper)
CSR hierarchy
- Economic responsibility → to generate good returns
- Legal responsibility → to comply with laws and regulations
- Ethical responsibility → to do no harm to stakeholders and environment
- Discretionary responsibility → to have strategic behaviours that benefit themselves or
society, or both
Archetypes
- Traditional: inherent risks, compliance driven and focus on reporting to regulatory
affairs
- Communicative: opportunity seizing is complicated because sustainability measures
are costly → focus on risk reduction and compliance
- Opportunistic: opportunities offered by sustainability (ex. energy / renewables)
- Transformational: companies that have holistically embraces sustainability,
programmes are closely tied to business operations
, Materiality assessment
- Sustainability is a broad concept
- Materiality assessment → helps to identify and prioritise sustainability issues that
matter most to a business and stakeholders
- Identifying issues to help keep business alert to stakeholder expectations and risks
and opportunities
- Move first where it matters most
Materiality assessment matrix
Matrix = depicts most important issues
- Y axis → significance to stakeholders
- X axis → significance to business
6 step approach to generate a materiality matrix
1. Select and assess relevant stakeholders
2. Define a long list of sustainability topics
3. Rank the topics and create short list
4. Rate the business impact in terms of risks and opportunities
5. Construct a concept materiality matrix
6. Get sign-off by senior management, document the process
Frameworks, guidelines, and concepts
What do companies use?
- Frameworks on sustainability regulation and reporting
- Sustainable development goals
- Principles for responsive investments (PRI)
- Triple bottom line / true costs
GRI reporting principles for defining report content
- Materiality
- Stakeholder inclusiveness → how has organisation responded to stakeholder
expectations and interests
- Sustainability context
- Completeness
Sustainable development goals
- Universal call to action by 2030
- The 5 p's
- People = to end poverty and hunger in all forms and to ensure dignity and
equality
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller evavanwingerde. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $8.56. You're not tied to anything after your purchase.
