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The Common Good Balance Sheet: Reporting Based on Humanistic Values Gerd Hofielen Reporting 3.0 - October 7th, Berlin 1.

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Presentation on theme: "The Common Good Balance Sheet: Reporting Based on Humanistic Values Gerd Hofielen Reporting 3.0 - October 7th, Berlin 1."— Presentation transcript:

1 The Common Good Balance Sheet: Reporting Based on Humanistic Values Gerd Hofielen Reporting 3.0 - October 7th, Berlin 1

2 Gerd Hofielen| Reporting 3.0 | Berlin, October 7, 2014 CSR Today – At Crossroads 2 License to OperateGood Reputation – Only? Good fit company – society Supporting quality of life in society Protecting human rights Protecting natural resources Attracting Investors Customers Talents Symbolic actions ‚Green’ product lines Selected p/c initiatives Member in ‘green’ lobby orgs Defending Shareholder value Growth focus Maximum profitability

3 Gerd Hofielen| Reporting 3.0 | Berlin, October 7, 2014 Improvement focused Comprehensive and easily understood Good Reporting 3 Risks Big picture, Societal requirements, Company‘s share Supply chain Traceability and responsibility for all tiers Core indicators identified Measurable, Comparable, Certifiable/Verifiable

4 Gerd Hofielen| Reporting 3.0 | Berlin, October 7, 2014 4

5 5 Value Stakeholder Human DignityCooperation and Solidarity Ecological Sustainability Social JusticeDemocratic Co-Determination and Transparency A) SuppliersEthical Supply Management (90) B) InvestorsEthical Financial Management (30) C) Employees incl. Business Owners Workplace Quality and affirmative action (90) Just distribution of labor (50) Promotion of environmentally friendly behavior of employees (30) Just income distribution (60) Corporate democracy and transparency (90) D) Customers / Products / Services / Business Partners Ethical customer relations (50) Cooperation with businesses in same field (70) Ecological design of products and services (90) Socially oriented design of products and services (30) Raising social and ecological standards (30) E) Society, Environment Value and social impact of products and services (90) Contribution to the local community (40) Reduction of environmental impact (70) Investing profits for the Common Good (60) Social transparency and codetermination (30) Negative Criteria (minus points) e.g. Violation of ILO norms and human rights e.g. Hostile takeover e.g. Massive environmental pollution e.g. Unequal pay for women and men e.g. Non- disclosure of subsidiaries

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