Benefits of Sustainability Reporting
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The Sly Paradox Observed and Revealed the Relation Between Certifications and Sustainable Business Practices March 9, 2020
THE SLY PARADOX OBSERVED AND REVEALED THE RELATION BETWEEN CERTIFICATIONS AND SUSTAINABLE BUSINESS PRACTICES MARCH 9, 2020 Student: Carlijn Oskam Student number: 990709630040 Bachelor thesis BMO First coordinator: Emiel Wubben Second coordinator: Geoffrey Hagelaar Course code: YSS-81812 ABSTRACT Background More and more, customers feel the desire to buy more sustainable products (Brad, et al., 2018). Companies are striving towards creating a sustainable image, because stakeholders highly value a green image (Agan, Acar, & Borodin, 2013). B Lab certifies sustainable businesses in order to verify social and environmental performance, public transparency, and legal accountability (B Corporation, 2020). These certified businesses are called B Corporations, or in short, B Corps. Research question The main research question is: ‘What is the relation between certifications and sustainable business practices?’. The aim of this study is to identify a relationship between certifications and sustainable business practices. Literature and practical examples of B Corps were compared with each other in order to answer this question. Methodology An answer to the research question has been generated by doing a literature study and short qualitative interviews. Literature about certifications and sustainable business practices has been found in the database Web of Science and to a lesser extent Scopus. After the literature review, three interview questions were formulated. These questions were sent by e-mail to 140 B Corps across the Netherlands and Canada. In total, 29 certified companies replied. The distribution of companies was 19 Dutch B Corps and 10 Canadian B Corps. The generated responses were compared with each other and thereafter coded. Results The results of the literature reveal a paradoxical relationship between certifications and sustainable business practices. -
Stakeholder Theory in Social Entrepreneurship: a Descriptive Case Study
A Service of Leibniz-Informationszentrum econstor Wirtschaft Leibniz Information Centre Make Your Publications Visible. zbw for Economics Burga, Ruben; Rezania, Davar Article Stakeholder theory in social entrepreneurship: a descriptive case study Journal of Global Entrepreneurship Research Provided in Cooperation with: SpringerOpen Suggested Citation: Burga, Ruben; Rezania, Davar (2016) : Stakeholder theory in social entrepreneurship: a descriptive case study, Journal of Global Entrepreneurship Research, ISSN 2251-7316, Springer, Heidelberg, Vol. 6, Iss. 4, pp. 1-15, http://dx.doi.org/10.1186/s40497-016-0049-8 This Version is available at: http://hdl.handle.net/10419/161790 Standard-Nutzungsbedingungen: Terms of use: Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Documents in EconStor may be saved and copied for your Zwecken und zum Privatgebrauch gespeichert und kopiert werden. personal and scholarly purposes. Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle You are not to copy documents for public or commercial Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich purposes, to exhibit the documents publicly, to make them machen, vertreiben oder anderweitig nutzen. publicly available on the internet, or to distribute or otherwise use the documents in public. Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, If the documents have been made available under an Open gelten abweichend von diesen Nutzungsbedingungen -
Frequently Asked Questions
Frequently Asked Questions 1. What is Demand Response? FERC defines Demand Response (DR) as “ changes in electric usage by demand-side resources from their normal consumption patterns in response to changes in the price of electricity over time, or to incentive payments designed to induce lower electricity use at times of high wholesale market prices or when system reliability is jeopardized .” 2. What is Automated DR? Automated Demand Response (Auto-DR) consists of fully automated signaling from a utility, Independent System Operator (ISO), Regional Transmission Operator (RTO) or other appropriate entity to provide automated connectivity to customer end-use control systems, devices and strategies. Auto-DR does not require full automation on the customer end. 3. What is OpenADR™? Open Automated Demand Response (OpenADR) is an open and interoperable information exchange model and emerging Smart Grid standard. OpenADR standardizes the message format used for Auto-DR so that dynamic price and reliability signals can be delivered in a uniform and interoperable fashion among utilities, ISOs, and energy management and control systems. While previously deployed Auto-DR systems are automated, they are not standardized or interoperable. 4. What is the OpenADR Alliance? The OpenADR Alliance is a mutual benefit corporation created to foster the development, adoption, and compliance of the OpenADR Smart Grid standard. OpenADR-based solutions will standardize, automate and simplify the use of Demand Response (DR) worldwide – making DR a more reliable and cost-effective resource to help utilities meet growing demand for energy, and giving customers greater control over their energy future. While the benefits of widespread DR adoption are clear, the industry to date has lacked an organization responsible for the education, training, testing, and certification needed to bring this technology to market. -
CROSQ EE Lab Training
CROSQ EE Lab Training Cortland, NY Paul Moliski, Accreditation VP Intertek June 20,-21, 2018 Accreditation Overview • 01 • Hierarchy of Accreditation Documents and Drivers • 02 • Organizations Involved in Accreditation • 03 • Steps to Accreditation • 04 • Trade Tools and Inconsistencies 2 Hierarchy of Accreditation Documents and Drivers • ISO / IEC Standards; 17011, 17020, 17021, 17024, 17025, 17065 • Internationally Recognized Schemes; IECEE, GFSI, Rohs • Regional / National; Directives, Government Regulations (FDA, FCC, FAA) • ILAC and IAF Requirements • National Accreditation Body Requirements; OSHA NRTL, ANSI, IAS, SCC • Local City and State requirements (LA City, CSFM) • Product Standards (ANSI, ASTM, IEC, NSF, UL) • Global Operating Procedures • Local Operating Procedures 3 Hierarchy of Accreditation Documents and Drivers • ISO / IEC Standards; 17011, 17020, 17021, 17024, 17025, 17065 • 17011; General requirements for accreditation bodies accrediting conformity assessment bodies • 17020; General criteria for the operation of various types of bodies performing inspection • 17021; Requirements for bodies providing audit and certification of management systems • 17024; General requirements for bodies operating certification of persons • 17025; General requirements for the competence of testing and calibration laboratories • 17065; Requirements for certification bodies certifying products, processes and services 4 What is conformity assessment? • Conformity assessment is the term given to techniques and activities that ensure a product, process, service, management system, person or organisation fulfils specified requirements. • Since the 1970s the ISO policy committee on conformity assessment (ISO/CASCO) has published a series of International Standards and Guides that contain internationally agreed provisions for conformity assessment. These International Standards and Guides are revised and republished on a regular basis and are known collectively as the ‘ISO/CASCO toolbox’. -
A Case Study of Siemens' Violation of Business Ethics in Argentine Based
Global Journal of Management and Business Research Volume 12 Issue 13 Version 1.0 Year 2012 Type: Double Blind Peer Reviewed International Research Journal Publisher: Global Journals Inc. (USA) Online ISSN: 2249-4588 & Print ISSN: 0975-5853 A Case Study of Siemens’ Violation of Business Ethics in Argentine Based On Stakeholder Theory By Zhu Wenzhong & Fu Limin Guangdong University of Foreign Studies (GDUFS) Abstract - Hand in hand with prosper of International business brought by globalization, many ethical problems have been surfacing in the past decades: bribery, corruption, human rights issues, etc. Business ethics, as an academic discipline as well as a business practice, is becoming the focal point of waged and animated debate. The increasing attention on it generates many relative theories, among which Freeman’s stakeholder theory stands out. This paper, backed by Freeman’s stakeholder theory, conducts a case study of Simens’ violation of business ethics by analyzing its recent bribery scandal in Argentina. After a detailed analysis of the interests of Siemens’ stakeholders, it draws a conclusion of Siemens’ severe violation of business ethics, and thus suggests some solutions. Keywords : Simens Telecommunication; Business Bribery; Stakeholder Analysis. GJMBR-A Classification : FOR Code: 150303,150301 JEL Code: M21 A CaseStudyofSiemensViolationofBusinessEthicsinArgentineBasedOnStakeholderTheory Strictly as per the compliance and regulations of: © 2012. Zhu Wenzhong & Fu Limin. This is a research/review paper, distributed under the terms of the Creative Commons Attribution-Noncommercial 3.0 Unported License http://creativecommons.org/licenses/by-nc/3.0/), permitting all non-commercial use, distribution, and reproduction in any medium, provided the original work is properly cited. -
Third Board Agenda 02-18-2020
OPEN SESSION REGULAR OPEN MEETING OF THE THIRD LAGUNA HILLS MUTUAL BOARD OF DIRECTORS A CALIFORNIA NON-PROFIT MUTUAL BENEFIT CORPORATION Tuesday, February 18, 2020 - 9:30 a.m. Laguna Woods Village Community Center Board Room 24351 El Toro Road Laguna Woods, California NOTICE OF MEETING AND AGENDA 1. Call meeting to order / Establish Quorum – President Parsons 2. Pledge of Allegiance – Director Engdahl 3. Acknowledge Media 4. Approval of Agenda 5. Approval of Minutes a. January 21, 2020 – Regular Open Meeting 6. Report of the Chair 7. Open Forum (Three Minutes per Speaker) - At this time Members only may address the Board of Directors regarding items not on the agenda and within the jurisdiction of this Board of Directors. There is a maximum time limit of three minutes per speaker and a speaker may only address the Board once during this period. The Board reserves the right to limit the total amount of time allotted for the Open Forum. 8. Responses to Open Forum Speakers 9. CEO/COO Report 10. Consent Calendar - All matters listed under the Consent Calendar are recommended for action by committees and will be enacted by the Board by one motion. In the event that an item is removed from the Consent Calendar by members of the Board, such item(s) shall be the subject of further discussion and action by the Board. Please silence your cell phones. Third Laguna Hills Mutual Regular Board Open Session Meeting February 18, 2020 Page 2 of 5 a. Architectural Control and Standards Committee Recommendations: (1) Recommendation to Approve: 5575-A (Casa Siena, RC11) – Request to Construct a Room Extension on their Original Exclusive Use Common Area Courtyard b. -
Read Our 2019 Benefit Corporation Report
2019 BENEFIT CORPORATION REPORT 2019 Benefit Corporation Report | 1 Dear Friends, I am delighted to share with you our 2019 Benefit Corporation Report—our third since becoming a New York State Benefit Corporation in 2017. A benefit corporation is one that has legally committed to higher standards of purpose, accountability and transparency. For EILEEN FISHER, this means we are designing clothing with minimal environmental and social harm; creating an inclusive workplace; empowering women and girls, supporting the fair treatment of all people and preserving the environment; and advancing ethical business practices through collaborations in the fashion industry. In 2019, we continued our VISION2020 work toward greater environmental sustainability and human well-being within our supply chain. We also introduced our new grant program, “Supporting Women in Environmental Justice.” And we embarked upon a new Diversity and Inclusion initiative to build a stronger workplace culture for our employees and customers. As we enter a new decade, we remain committed to conducting “business as a movement.” If you have any comments or questions, please direct them to [email protected]. Thank you, 2019 Benefit Corporation Report | 2 Our Purpose We design for simplicity and wholeness—to inspire joy and connection in women around the world. Our Values • We are authentic. • We thrive in connection. • We trust each other. • We innovate through creativity. • We are committed to the health of the whole. • We are united by purpose. 2019 Benefit Corporation Report | 3 Benefit 1 We are committed to designing clothing that creates minimal environmental and social impact. 2019 Benefit Corporation Report | 4 Materials We aim to use sustainable materials in 100% of our products. -
B Impact Assessment on the Version Designed For: Service Companies, 0 Employees, Developed Markets - U.S
Jason Wiener, P.C. 2017 BENEFIT REPORT Created from the 2017 B Impact Assessment on the version designed for: Service companies, 0 employees, Developed Markets - U.S. Thank you for your interest in Jason Wiener, P.C.'s 2017 Benefit Report. Jason Wiener, P.C. is a legally-incorporated benefit corporation in the state of CO1. A benefit corporation is a corporation that has voluntarily met the highest standards of corporate purpose, accountability, and transparency. Benefit corporations have a corporate purpose to create a material positive impact on society and the environment, have expanded the fiduciary duty of their directors to include consideration of stakeholder interests, and are required to report on their overall social and environmental performance. In this report you will find: B Impact Report: a quantitative summary of this company's overall social and environmental performance assessed against the third party standard B Impact Assessment (BIA) in relation to each key stakeholder group and as compared to certain benchmarks Benefit Report Narrative: a set of narrative responses to questions required by the benefit corporation statute, including a discussion of why this benefit corporation chose the BIA as their reporting and impact management tool B Impact Assessment: answers to each BIA question assessing the company’s positive impact on its workers, community, customers, and the environment If you have any questions about benefit reports or benefit corporations generally, please visit benefitcorp.net or email [email protected]. 1Benefit corporations (or benefit LLCs) are different from Certified B Corporations (aka B Corps). The most important difference from the perspective of a reader of this report is that benefit corporations, unlike Certified B Corporations, are not required to have their performance validated or certified by a third party. -
STAKEHOLDER EXPECTATIONS of AUDIT the Audit Quality Forum Brings Together Representatives of Auditors, Investors, Business and Regulatory Bodies
EVOLUTION STAKEHOLDER EXPECTATIONS OF AUDIT The Audit Quality Forum brings together representatives of auditors, investors, business and regulatory bodies. Its purpose is to encourage stakeholders to work together by promoting open and constructive dialogue in order to contribute to the work of government and regulators and by generating practical ideas for further enhancing confidence in the independent audit. The completed programmes of Supporting Shareholder Involvement and Fundamentals of the Audit Quality Forum lead naturally to further work on the evolution of the audit. The forum’s Evolution work programme covers the changing environment in which auditors work, the reporting relationship between auditors and the audit committee and how the differing interests of stakeholders and their expectations of audit can be reconciled. Anyone interested in providing feedback on this paper should send their comments to [email protected]. Further information on the Audit Quality Forum, the current work programme and how to get involved is available at www.auditqualityforum.com or telephone 020 7920 8493. December 2008 © Institute of Chartered Accountants in England and Wales Dissemination of the contents of this paper is encouraged. Please give full acknowledgement of source when reproducing extracts in other published works. No responsibility for any persons acting or refraining to act as a result of any material in this paper can be accepted by the ICAEW, the Audit and Assurance Faculty or authors. ISBN 978-1-84152-633-1 Cover image: SPL -
Accountability of Non-Government Organization from the Perspective of Stakeholder Theory
International Journal of Accounting and Taxation December 2016, Vol. 4, No. 2, pp. 98-119 ISSN: 2372-4978 (Print), 2372-4986 (Online) Copyright © The Author(s). All Rights Reserved. Published by American Research Institute for Policy Development DOI: 10.15640/ijat.v4n2a7 URL: https://doi.org/10.15640/ijat.v4n2a7 Accountability of Non-Government Organization from the Perspective of Stakeholder Theory Anik Yuesti1, Luh Gde Novitasari2 & Ni Wayan Rustiarini3 Abstract This study aims to see the accountability of non-government organization from the perspective of Stakeholder theory. Accountability in its practice and theory has weaknesses. The weaknesses are lacking of supervision of disbursement and neglecting people’s culture (Dixon et al., 2006); lacking of information in organization (Kovach et al., 2003); financial statements that are submitted only to the donors (Goddard and Assad, 2006); and the many scandals and abuses of power in organizations (Gibelman and Gelman, 2001). However, this agency theory cannot be applied by NGOs because they are social organizations (Dixon, et al., 2006). Therefore, it is interesting to know the practices and the accountability of NGO. The researcher used interpretive existential phenomenology method to understand a phenomenon (Burrel dan Morgan, 1994; pp.243-247). Stakeholder theory is used to analyze problems with MBM organization activity assumption, which is related to the donors and community. The results of the research show that accountability based on stakeholder perspective theory is for all -
Benefit Corporations -- a Sustainable Form of Organization?
Brooklyn Law School BrooklynWorks Faculty Scholarship 2011 Benefit orC porations -- A Sustainable Form of Organization? Dana Brakman Reiser Brooklyn Law School, [email protected] Follow this and additional works at: https://brooklynworks.brooklaw.edu/faculty Part of the Business Organizations Law Commons, and the Organizations Law Commons Recommended Citation 46 Wake Forest Law Review 591 (2011) This Article is brought to you for free and open access by BrooklynWorks. It has been accepted for inclusion in Faculty Scholarship by an authorized administrator of BrooklynWorks. BENEFIT CORPORATIONS-A SUSTAINABLE FORM OF ORGANIZATION? Dana Brakman Reiser* INTRODUCTION Founders of social enterprises believe profits and social good can be produced in tandem and wish to form organizations that will pursue these dual missions.' They will, however, encounter obstacles to articulating and enforcing such dual missions if they adopt either a traditional nonprofit or for-profit form of organization. Nonprofit forms bar profit distribution 2 and for-profit forms will create practical, if not legal, pressure to favor profit maximization over social good when the two come into conflict.3 And these two imperatives will certainly, at times, conflict. If more profit could always be obtained by pursuing social good, traditional for-profits would produce the optimal level of social goods, charities would be swimming in resources, or both. Social entrepreneurs believe social good can be produced along with profits and desire hybrid forms of organization to smooth a single enterprise's path to realizing both goals.4 A mounting number of jurisdictions have attempted to meet this demand by enabling new hybrid organizational forms. -
A Survey on Drivers, Barriers and Benefits of SA8000 Certification in Italian Firms
Sustainability 2015, 7, 4120-4130; doi:10.3390/su7044120 OPEN ACCESS sustainability ISSN 2071-1050 www.mdpi.com/journal/sustainability Article Social Values and Sustainability: A Survey on Drivers, Barriers and Benefits of SA8000 Certification in Italian Firms Roberto Merli 1,*, Michele Preziosi 1 and Ilaria Massa 2 1 Department of Business Studies, Roma Tre University, Via Silvio D’Amico, 77, 00145 Rome, Italy; E-Mail: [email protected] 2 Management Department, “Sapienza” University of Rome, Via del Castro Laurenziano 9, 00161 Rome, Italy; E-Mail: [email protected] * Author to whom correspondence should be addressed; E-Mail: [email protected]; Tel.: +39-06-5733-5813; Fax: +39-06-5733-5797. Academic Editor: Marc A. Rosen Received: 31 October 2014 / Accepted: 31 March 2015 / Published: 8 April 2015 Abstract: Companies are increasingly required to deal with sustainability issues through the adoption of Corporate Social Responsibility (CSR) practices. Among the different CSR aspects, workers securities fulfill a necessary issue. SA8000 is an internationally accepted tool that aims to guarantee decent workplace across all industrial sectors. Italian companies represent more than 30% of certified organizations on a global level. Company size is a key factor in the definition of managerial strategies. A survey that involved more than 600 SA8000 certified companies has been conducted. Company dimension has been used as a parameter to interpret survey results. The aspects analyzed mainly consisted of drivers, barriers and benefits in SA8000 certification pathway. The study showed a high level of homogeneity among firms. According to SA8000 requirements, one of the main issues is the implementation of control and awareness mechanisms addressed to suppliers.