Sustainability as a Strategic Advantage How to Create Value for Your Business and Society
Introduction:
This course will introduce you to the concept of sustainability and how it can benefit your business in terms of innovation, competitiveness, reputation, and profitability. You will learn how to identify and address the social and environmental issues that are relevant to your business, and how to create shared value for your stakeholders and the planet. You will also learn how to communicate and implement your sustainability strategy effectively, and how to measure and report your sustainability performance.
Objective
By the end of this course, you will be able to:
- Understand the drivers and benefits of sustainability for your business and society
- Assess the materiality and impact of sustainability issues for your business
- Develop a sustainability vision, mission, and goals for your business
- Design a sustainability strategy that aligns with your core competencies and creates value for your stakeholders
- Communicate and engage with your stakeholders on your sustainability initiatives
- Implement and monitor your sustainability strategy using appropriate tools and frameworks
- Report and disclose your sustainability performance using global standards and best practices
Target Audience
This course is designed for business executives who want to learn how to integrate sustainability into their business strategy and operations. It is suitable for executives from any industry, function, or region who are interested in or responsible for sustainability in their organization.
Content
Day One:
Introduction to Sustainability
- What is sustainability and why does it matter for your business and society?
- What are the global trends and challenges that affect sustainability?
- What are the drivers and benefits of sustainability for your business?
- How can you assess the materiality and impact of sustainability issues for your business?
- Case study
Day Two:
Developing a Sustainability Strategy
- What are the elements of a sustainability strategy?
- How can you align your sustainability strategy with your core competencies and competitive advantage?
- How can you create shared value for your stakeholders and the planet through your sustainability strategy?
- How can you use frameworks such as Porter’s Five Forces, SWOT analysis, stakeholder mapping, and value chain analysis to design your sustainability strategy?
- Case study
Day Three:
Communicating and Engaging with Stakeholders
- Who are your stakeholders and what are their expectations and interests regarding your sustainability performance?
- How can you communicate and engage with your stakeholders effectively on your sustainability initiatives?
- How can you use tools such as stakeholder dialogue, surveys, focus groups, social media, newsletters, reports, and events to communicate and engage with your stakeholders?
- How can you address stakeholder feedback, concerns, and complaints?
- Case study
Day Four:
Implementing and Monitoring Your Sustainability Strategy
- What are the challenges and barriers to implementing your sustainability strategy?
- How can you overcome the challenges and barriers to implementing your sustainability strategy?
- How can you use tools such as project management, change management, leadership, culture, incentives, training, policies, standards, audits, and certifications to implement your sustainability strategy?
- How can you measure and monitor your sustainability performance using indicators, metrics, targets, benchmarks, dashboards, scorecards, and audits?
- Case study
Day Five:
Reporting and Disclosing Your Sustainability Performance
- Why is reporting and disclosing your sustainability performance important for your business and stakeholders?
- What are the global standards and best practices for reporting and disclosing your sustainability performance?
- How can you use frameworks such as the Global Reporting Initiative (GRI), the International Integrated Reporting Council (IIRC), the Sustainability Accounting Standards Board (SASB), the Task Force on Climate-related Financial Disclosures (TCFD), and the United Nations Global Compact (UNGC) to report and disclose your sustainability performance?
- How can you ensure the quality, credibility, transparency, comparability, relevance, accuracy, timeliness, clarity, balance, reliability, assurance, accessibility, responsiveness, inclusiveness, and materiality, completeness of your sustainability report or disclosure?
- Case study
Training Methodology
To enhance learning and practical application of concepts, the training course will use a combination of interactive lectures, case studies, group discussions, practical exercises, and real-world examples. Participants will also get the chance to collaborate on group projects and create action plans adapted to the needs of their respective organizations.
Important Links
What is included?
- Meeting room-based training at state-of-the-art course venue
- Subject-matter expertise delivered by practising Management Consultants
- Course material (Soft & Hard-copies)
- Breakfast & light refreshments
- Networking sessions
- City tour end of session
- Accredited Certificates of Completion Will be awarded