Lernkarten
2 Exakte Antworten
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What does CSR stand for?
Corporate Social Responsibility
Some info on setting up a compliance structure in an organization
Committees of various departmetns etc
Location:
- Separate unit
- part of existing unit (eg Legal)
- based on recommendation of regulatory unit
Must have
- senior mgt involved
- specific individual involved day to day
- regular reporting
- adequate resources and budget
1
Which industry classification system does SASB use?
Sustainable Industry Classification System (SICS)
SASB frameworks and standards?
SASB Frameworks
- principle based guidance on how info is structured, prepared and what topics covered
SASB Standards
- Specific, detailed & replicable require. for what should be reported for each topic incl. topics.
In september 2020, five leading frameworks and standard setting organisations:
- CDP
- CDSB
- GRI
- IIRE
- SASB
announced shared vision for a comprehensive CSR reporting system
none
Difference between CSR and ESG?
ESG = CSR + increased Social & Governance metrics
3 key elements of ESG
Environment ("E*)
- GHG, Climate Mitigants, Energy Eff., Transp., Waste generation, water mgt
Social
- Inclusion & Diversity, HuRi, Empl. educ., philantropic, Data and privacy, supply chian
Governance
- transparency, good mgt.
Elevator pitch for ESG
Elevate to next level by rolling out well-structured ESG programs to align with market expectations and investors
Driven by Bloomberg, Blackrock, SASB and others
