OCTOBER

2018IHRM Conference Presentation

SUSTAINABILITY

&

REPORTING

Creating an African Narrative for Sustainability

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Sustainability

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Development that meets the needs of the present without compromising the

ability of future generations to meet their own needs – Bruntland Report; 1987

The Sustainability Challenge

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All the decisions that we make today have an impact the environment,

society, and the economy in the future.

1. Biodiversity Loss

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All companies affect ecosystems and are dependent on functioning

ecosystems to remain in business.

2. Climate Change

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• Energy efficiency measures

• Investing in research

• Implementing new energy technologies.

3. Poverty & Inequality

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The growing gap between the rich and the poor is the type of dynamic that

often appears before revolutions and the breakdown of economies.

4. Waste

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Zero waster targets are becoming a corporate priority as they produce

tangible economic benefits from supply chain efficiency

5. Human Rights

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Requires employers to conduct analysis of employment policies, practices,

procedures and the working environment

Individual Responsibility

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Our survival and prosperity depends on the responsible use of natural resources

where none of us takes more than Earth is able to supply.

Sustainable Organizations

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Sustainability needs to be treated as a key business indicator that is important

to the ‘bottom line’ and helps drive strategy.

Sustainability Reporting

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https://www.youtube.com/watch?v=jCzbeyZwwqE&feature=youtu.be

Sustainability Reporting

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A sustainability report refers to reporting on a company’s economic,

environmental, social and governance performance.

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SUSTAINABILITY means conducting

operations to meet existing needs

without compromising future needs

The board shall have formal strategies to

promote sustainability. Attention shall be

given to Environmental, Social and

Governance (ESG) aspects of the

business which underpin sustainability.

TRIPLE BOTTOM means the accounting

system which expands the traditional

reporting framework to take into account

social and environmental performance in

addition to financial or economic

performance.

5.3.2

1.1.2

Kenya CG Code (2015)

2.3.6

TRIPLE

BOTTOM LINE

Financial,Economic

Social Environmental

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1. Add credibility to an organization’s reporting

2. Allow comparisons between different organizations

3. Help both internal & external stakeholders understand an organization’s

reporting.

In addition to understanding of the SDGs and what they mean for business, it

provides a sound, step by step guide for implementation

Benefits of Sustainability Reporting

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External

1. Enhanced reputation and

trust

2. Attracting funding

3. Increasing stakeholder

engagement

4. Giving organizations a

competitive advantage.

Internal

1. Helping companies articulate

their sustainability ‘vision’ and

‘mission’

2. Improving management systems

3. Identifying strengths and

weaknesses

4. Improving employee motivation.

Sustainability & HR

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Being viewed as sustainable means that you may be the first choice, not only

for employees but also for customers, suppliers, and partners

Sustainability & HR

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HR is deeply involved in the workplace component of the company’s

sustainability report & are responsible for collecting reporting data.

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HR Sustainabilit

y

Sustainability & HR

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Incorporating sustainability education in the employee training process

encourages employee engagement in strategy implementation

Sustainability & HR

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HR plays a key role in involving employees in workplace initiatives such as

recycling, energy efficiency, and reducing waste.

Sustainability & HR

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HR facilitates discussions between departments & management thus

promoting formation of staff committees to improve company sustainability.

Sustainability & HR

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Staff volunteer initiatives like tree plantings and support for community-based

initiatives can be highly encouraged (and measured) by HR.

Sustainability & HR

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HR can eliminate all paper from its talent acquisition process, including

brochures, forms & reports making the process entirely electronic

Email: info@mk-africa.com

Website: www.mk-africa.com

Tel: 0722793361 / 0755 840 155

Office: Balozi Estate Road, Muthaiga North, Off. Thika Road