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A new Guardian Sustainable Business series explores what it really takes to drive sustainability within a company. Here, we look at the critical role of mid-level managers in this change.
BSR sat down with a corporate sustainability leader at SABIC to discuss the company's approach to materiality and lessons that other businesses can take away.
A large number of companies have embraced the principle of materiality to identify their most important sustainability issues. Here’s how to use materiality to define a strategy that resonates globally.
More stakeholders are identifying executive compensation as a material corporate responsibility issue. But not enough are focusing on the link between executive compensation and corporate responsibility performance.
When it comes to materiality, do you want the Sean Connery, the George Lazenby, or the Daniel Craig?
In a recent article, we recommended a "blended approach" to materiality that addresses all three definitions put forward by the major sustainability reporting initiatives. But does that mean a company really has to publish three different reports on sustainability performance?
With three organizations providing potentially incompatible definitions of materiality, what's a company sustainability reporter to do? We see three (OK, maybe four) approaches to keep it simple.
Since the last Global Reporting Initiative guidelines were released in 2006, a host of additional standards have emerged. The G4 guidelines—which feature significant changes from the G3—should help companies focus on strategy while meeting the growing criteria for sustainability reporting.
The materiality matrix can be a lockbox for good intentions that never see the light of day, or the tool that propels a company's sustainability strategy.
We worked with Hyatt to develop an integrated sustainability strategy that connects corporate responsibility objectives to business goals and engages both senior leadership and the broader employee base.
We analyzed more than 60 issues and conducted more than 60 interviews to create a strategy and goals focused on four Best Buy priorities: Product Stewardship, Sustainability Solutions, Access, and Inspired Workplace.