<p>Businesses around the world are increasingly turning to an exciting new branch of management known as corporate sustainability management (CSM) to help them better understand and manage their non-financial performance. </p><p>Indeed what we are witnessing is nothing less than the birth of a new management function. The main pillar of CSM is the Triple Bottom Line (TBL) which has been successful as an organizing principle but a disappointment in practice. This is largely due to the absence of 'sustainability context' in related measurement management and reporting efforts when for example the monitoring of a company's use of freshwater resources fails to take into account the size of related supplies. </p><p>This book is the first to introduce a systematic means of including context in sustainability management and doing effective CSM. After making the case for why context matters the book explains how to do context-based CSM by providing a stepwise cyclical blueprint for how to practice it in any organization. This includes a template for context-based metrics compatible with the Global Reporting Initiative (GRI) as well as specific examples of metrics for each of the triple bottom lines.</p><p>Practical examples of best practices are presented throughout while simultaneously addressing key issues such as how organizations can measure performance against context-based standards when consensus for such standards does not yet exist. Appendices include tools for developing and applying context-based metrics as well as case studies taken from the practice of context-based CSM at two companies in the United States. </p><p>This guide is the essential tool for business and organizational leaders in all sectors committed to improving their sustainability performance with a particular emphasis on measurement management and reporting. </p>
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