Measuring & Internally Assessing your Corporate Purpose Performance

Council Meeting Agenda | Thursday, December 10, 2020

Measuring & Internally Assessing your Corporate Purpose Performance

At the heart of Corporate Purpose resides Environmental, Social, and Governance (ESG) conduct that underpins an organization’s success in creating value and wellbeing for stakeholders. There are dozens of ESG standards and metrics to chose from, but most align around the United Nation’s Sustainable Development Goals, or SDGs. These are, according to the U.N., “targets for global development adopted in September 2015, set to be achieved by 2030.”

There are 17 SDGs as defined in a list of 169 SDG targets. For companies – particularly those that are publicly-listed – the prospective workload of tracking and reporting on comprehensive ESG performance externally is daunting. Appraising one’s performance internally and reflectively within the Company is an important starting point, and a pathway for accelerated progress. It can help inform management, and align people and processes around critical shortcomings and priorities, and do so in a safe space that is free of the noise and politics of the public ratings environment.

Learning to manage emerging measurement requirements in an orderly and effective way is the topic of our December 10th Asia Corporate Leadership Council session. We’ll discuss the state of reporting and measurement, and will introduce The Conference Board’s ESG Navigator™ – an internal assessment tool designed to help Council members track, assess, and improve their corporate purpose performance.

Anke Schrader, The Conference Board’s Senior Researcher in Asia, will introduce the ESG Navigator™. We will discuss how members can apply it to their corporate purpose journey and how the Council can use it as a benchmarking tool for the group and prospectively also for business community outreach and engagement.

In the second half of the session, we will feature our special guest speaker, Hunter Lovins, an environmental champion for more than 35 years , and a leading advocate for sustainable development. She is the author of several books, including her most recent A Finer Future: Creating an Economy in Service to Life. “Hunter believes that citizens, communities and companies, working together within the market context, are the most dynamic problem-solving force on the planet. She has devoted herself to building teams that can create and implement practical and affordable solutions to the problems facing us in creating a sustainable future.”

We hope you can join us.

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