Download - Ethics And Csr
Ethics and CSR
RMIT 28th September 2010
Who am I?• Expertise in management – largely in the SME sector• FCPA• Focus on the business implication of numbers – and
how to run a business effectively• Role with CoE Environment Social and Governance• Active discussing climate change - developing action
and business model
Governance model• Engagement at all levels of organisation• Genuine commitment required from Chair,
board and executive• Process to measure and monitor
• Support strategic direction with systems throughout the organisation
• Report and monitor constantly• Celebrate success
Sustainability• Carbon emissions• Water usage and management• Waste management• Health issues• Biodiversity• Population
CSR in an Australian context
Compliance vs market imperativeBusiness imperativeSocietal benefitWhere is it now?Where should it be?
Reporting framework
GRIAASBASIC ASXAccounting professionCPA – and other accounting bodies
Accountants’ role
Report preparationEthical dilemma? – Performance – Market
driven needs vs RealitySocietal impact +ve Coy. benefit
-ve How should this be reported?
Carbon accounting
Examples of Sustainability Reporting• Toyota
http://www.toyota.com.au/toyota/events/environment/2009_sustainability_report?WT.ac=SRHome
• CPA Australia http://cpa.bsiq.com.au/?xml=pastedconfig&iid=36549
• BHP http://www.bhpbilliton.com/bbContentRepository/docs/sustainabilitySummaryReport2009.pdf
• Toyota http://www.toyota.com.au/toyota/events/environment/2009_sustainability_report?WT.ac=SRHome
• CPA Australia http://cpa.bsiq.com.au/?xml=pastedconfig&iid=36549
• BHP http://www.bhpbilliton.com/bbContentRepository/docs/sustainabilitySummaryReport2009.pdf
• Toyota http://www.toyota.com.au/toyota/events/environment/2009_sustainability_report?WT.ac=SRHome
• CPA Australia http://cpa.bsiq.com.au/?xml=pastedconfig&iid=36549
• BHP http://www.bhpbilliton.com/bbContentRepository/docs/sustainabilitySummaryReport2009.pdf
Where is CSR in relation to sustainability?
Separate from annual reportsOne step on a continuumIntegrating sustainability into the hard numbers –
statement of performance and statement of position – incorporating societal impact – fundamental shift in stakeholder responsibility
Convergence of management and financial reporting
ResourcesSensis SME success stories athttp://about.sensis.com.au/small-business/free-sustainable-growth-bookCarbon Compass at:http://www.carboncompass.com.au/ClimateWorkshttp://www.climateworksaustralia.com/low_carbon_growth_plan.html