10/08/2021
Let's Deep Dive into the Alphabet Soup of Sustainability
The global desire for sustainable development is based on the Rio Declaration on Environment and Development, defining sustainability in 27 Principles. The declaration was signed by 89% of the United Nations member states.
Sustainability impacts and is relevant to all levels of human activity, from global to regional, national, community levels, and individual behaviour.
Sustainability could be affected by various kinds of organisations, including governments, non-governmental organisations, companies, co-operatives, federations, communities, industry-specific multilateralism formations and unions.
The following terms "sustainability", "sustainable development", and "social responsibility" are frequently used interchangeably. Although there is a close relationship between the three, they are different concepts and thus not interchangeable.
To deep dive into understanding these concepts, we will focus on the following definitions:
+ Sustainability - The state of the global system, which includes environmental, social and economic subsystems in which the needs of the present are met without compromising the ability of future generations to meet their own needs. The subsystems interact, are interdependent and are referred to as the three pillars, aspects or dimensions.
+ Sustainable Development - The Brundtland report defines it as development that meets the needs of the present without compromising the ability of future generations to meet their own needs.
+ Social Responsibility - Responsibility of an organisation for the impacts of its decisions and activities on society and the environment, through transparent and ethical behaviour that:
contributes to sustainable development, including the health and the welfare of society,
takes into account the expectations of stakeholders,
complies with applicable law and is consistent with international norms of behaviour, and
is integrated throughout the organisation and practised in its relationships.
One of the most well-known standards in this context is undoubtedly ISO 26000:2010, Guidance on Social Responsibility.
It is intended to assist organisations in contributing to sustainable development.
It aims to encourage them to go beyond mere legal compliance, recognising that compliance with the law is the fundamental duty of any organisation and an essential element of social responsibility.
It provides guidance on:
+ concepts, terms and definitions related to social responsibility,
+ the background, trends and characteristics of social responsibility,
+ principles and practices relating to social responsibility,
+ the core subjects and issues of social responsibility,
+ integrating, implementing and promoting socially responsible behaviour throughout an organisation and,
+ through its policies and practices, within its sphere of influence identifying and engaging with stakeholders, and
+ communicating commitments, performance and other information related to social responsibility.
Its objective is to promote common understanding, complementing other instruments and initiatives targeting social responsibility, not replacing them.
At C4TQ, we have the experience assisting your organisation in re-aligning or redefining your ESG-CR ambition to realise long term business viability.
For more insight, advice or call to action, book a discovery call by emailing us at [email protected]