Summary Winning Sustainability Strategies - Corporate Social Responsibility (6013B0501Y)
111 views 9 purchases
Course
Corporate Social Responsibility (6013B0501Y)
Institution
Universiteit Van Amsterdam (UvA)
Book
Winning Sustainability Strategies
This document is a summary for the mandatory readings for the course Corporate Social Responsibility (6013B0501Y), part of the
minor Business Administration: Managing Strategy and Marketing at the University of Amsterdam.
It contains a summary of all the chapters, except for 9, 11, 12, and 14,...
Summary Corporate Social Responsibility (Book and lectures)
Corporate Social Responsibility Summary (Lectures, Tutorials, Book), Grade 8,5/10
All for this textbook (6)
Written for
Universiteit van Amsterdam (UvA)
Business Administration
Corporate Social Responsibility (6013B0501Y)
All documents for this subject (15)
Seller
Follow
evavanwingerde
Reviews received
Content preview
Chapter 1: introduction 2
Chapter 2: patterns of frontrunners 2
Chapter 3: the quest for purpose 4
Chapter 4: focusing on materialities that matter 5
Chapter 5: sustainable development goals 7
Chapter 6: ESG ratings and the stock markets 8
Chapter 7: investors’ perspectives on sustainability 9
Chapter 8: encouraging a culture of sustainability 10
Chapter 10: toward a circular economy 12
Chapter 13: embedding sustainability into the business core 12
, Chapter 1: introduction
- Implementation of CS programmes has been slow, sloppy, and ineffective
- Board of directors and CEOs should be the first to direct sustainability efforts
- Vectoring = effective combination of direction and speed which generates impact in
sustainability programmes
- Materialities = specific sustainability issues
Vectoring
- Vectoring = effective combination of direction and speed, which generates impact in
sustainability programs
- Diagnostic tool and prescriptive method
- Uses
- Designing and executing new sustainability programmes
- Embedding SDGs into core strategy
- Assessing impact of sustainability programme on competitiveness and
valuation
- Objective → provide clear, potent framework that offers directions for executives to
help shift companies from integrated reporting to integrated sustainability thinking
Chapter 2: patterns of frontrunners
Cost of noncompliance keeps increasing (ex. Volkswagen emission scandal)
Why are some companies more aggressive than others?
- Basic financial self-interest vs greater belief of doing good for society is doing good
business
Vectoring
Vectoring step 1: getting the bearings right
- Less is more in selecting objectives
- Shareholders react positively when companies deliver on key sustainability issues
- Focus is key to proper implementation
Vectoring step 2: accelerating execution
- Deliver value through reputation, cost reduction, and growth
- Reporting trap → focus too much on reporting activities instead of doing sustainability
- Eco-efficiency = good indicator of maturity of execution of sustainability programmes
- Direct benefits of sustainability programmes can be found in reductions in waste,
energy, water, and natural resources → leads to lower costs
The business case for sustainability
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 $8.57. You're not tied to anything after your purchase.
