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Executive Brief: How to Create a World-Class Corporate Sustainability Report for Your Organization

Published: Apr 7, 2023

This primer outlines how to create a corporate sustainability report in conformance with the new draft European Corporate Sustainability Directive, which could undergo final changes before final publication in the summer of 2023. In addition, specific provisions may differ for companies based in individual European Union countries. This report is designed for boards, CEOs, C-suite executives and any management involved with the creation of a formal stakeholder management, metrics, and reporting strategy. ... [ read more ]

Study Identifies Gap Between Demographic Diversity and Perceptions of Inclusion

Published: Jun 8, 2023

This study of Diversity, Equity, and Inclusion (DEI) finds little connection between the actual demographics of management and employees and expressed feelings of diversity, equity, and inclusion. By distinguishing between demographic factors and how people feel about DEI in the workplace, the authors turn some conventional thinking on its head. ... [ read more ]

Upcoming EEA YouTube Show: The Role of Unions in Stakeholder Capitalism

Published: May 29, 2023

Based on the premise that Stakeholder Capitalism enhances returns for investors by creating value for employees, customers, supply chain and distribution partners, and communities, what is the role of unions in a business world in which labor is valued as an asset rather than as a cost to be minimized? These questions and more will be covered in an Enterprise Engagement Alliance YouTube Show, Tue., June 6 at 1 pm ET. ... [ read more ]

New Service Launched to Support EU Compliant Corporate Sustainability Reporting

Published: May 17, 2023

Two companies with more combined experience than any others in the creation of Corporate Sustainability Reports independently audited according to ISO standards have joined forces to help organizations of all sizes throughout the world make the inevitable transition to a new world of greater transparency in management, marketing, and reporting. ... [ read more ]

CSRD Part 4: Key Metrics Disclosed

Published: May 17, 2023

The new law is estimated to contain about 82 metrics covering employees; employees of supply chain and distribution partners; customers, and communities. ... [ read more ]

Size Matters When it Comes to Corporate Sustainability Reporting

Published: Apr 24, 2023

This is the second in a multi-part series on the creation of Corporate Sustainability Reports for all sizes and types of organizations. This article focuses on the strategy for Corporate Sustainability reporting based on the size of the organization. For Part 1 of this series, click here: Is It Time for Your Organization to Publish a Corporate Sustainability Report. ... [ read more ]

Is It Time for Your Organization to Publish a Corporate Sustainability Report?

Published: Apr 17, 2023

Years before the US Securities and Exchange Commission updated its annual reporting requirements for public companies to include disclosures on human capital issues considered material to business, or the recent passage of the EU Corporate Sustainability Reporting Directive that will require detailed disclosures on the management of all stakeholders starting next year, many large US companies began to publish annual reports on their practices related to people and the environment. Because these reports will be subject to audits in the coming years; because many of the companies subject to the law will require reporting from their supply chains and distribution partners, and most of all because of increasing demands from investors, consumers, and employees, now is the time for at least some companies to consider the publication of Corporate Sustainability Reports. ... [ read more ]

New Business Guides CEOs on the Path to Stakeholder Capitalism

Published: Apr 12, 2023

If the implementation of Stakeholder Capitalism requires a strategic and systematic process, it stands to reason that the emergence of this field will foster the creation of a new field of experts, services, and technology, much as occurred in the field total quality management, customer relationship management, loyalty management, and many others. Along with the Enterprise Engagement Alliance and its Engagement Agency division, Stakeholder Business is among the first businesses specifically launched to help guide CEOs seeking to make the shift to Stakeholder Capitalism. ... [ read more ]

Shift to Stakeholder Management Creates Enormous Opportunities for HR

Published: Mar 29, 2023

The new focus on viewing stakeholders as assets rather than as a sunk cost creates new ways for human resources to create value for organizations but will put enormous strains on departments based on the traditional shareholder-focused model. It is simply not possible to combine into one human being or role the three critical inter-related elements and skill sets required of a stakeholder approach to management in human resources. The shift toward stakeholder management not only creates significant opportunities for human resources, but three different career paths. ... [ read more ]

Banks Created ESG and Stakeholder Capitalism, Not Social Activists

Published: Mar 29, 2023

The fundamental lack of awareness of ESG (Environmental, Social, Governance) and Stakeholder Capitalism, and the attempt to politicize the concepts, have led to considerable confusion. A quick read of the original United Nations report that helped coin the term ESG clearly demonstrates the direct connection between ESG and Stakeholder Capitalism.... [ read more ]

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