Integrating Sustainability into Businesses
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- Maude Eunice Bryan
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1 Integrating Sustainability into Businesses TSG Workshops in March 2016
2 Integrated Sustainability Strategy Businesses, across sectors and geographies, are faced with increasing ESG exigencies as well as scrutiny. Recent developments like the COP21 outcomes have reinforced the fact that these will only become more complex going forward and sustainability will need to be at the centre of all that a business proposes to undertake. An initiatives led approach to sustainability may be insufficient and need to be replaced by an approach which integrates sustainability into business models - a comprehensive sustainability strategy! TSG organized workshops on. Integrating Sustainability into Businesses 1 MUMBAI 2 nd March 2016 (Wednesday) Tata Communications Board Room, The Tata Sustainability Policy also sets forth the principle that Tata companies shall integrate sustainability considerations into all business decisions while urging companies to identify material sustainability issues and develop comprehensive sustainability strategies. 2 KOLKATA 7 th March 2016 (Monday) Tata Steel Processing & Distribution Board Room
3 Sessions introduced sustainability and steps towards integrated strategies. WHY should businesses invest in a strategic approach to sustainability? Key Sessions Responsibility and sustainability for Tata businesses Case for a strategic approach to sustainability WHAT is an integrated sustainability strategy for businesses? WHICH are the key steps for businesses to develop integrated sustainability strategies? Senior leadership perspective on sustainability strategy Mr. Ajoy Mishra, CEO, Tata Global Mumbai Mr. Shubhenjit Chaudhuri, MD, Tata Kolkata What is an integrated sustainability strategy? Building an integrated sustainability strategy The materiality challenge! Break out sessions to simulate the identification of material issues for some Tata companies
4 Cross functional attendance from several Tata companies. 30 participants from Corporate Strategy Business Excellence Sustainability Marketing & Sales CSR Human Resources Operations Administration Safety (EHS) Company Secretary Projects & Engineering Tata companies Functions
5 Positive feedback and suggestions from the participants. What is sustainability? 4.6 What is sustainability? 4.5 Why is sustainability important for businesses? 4.5 Why is sustainability important for businesses? 4.3 What is an integrated sustainability strategy? 4.6 What is an integrated sustainability strategy? 4.3 Building an integrated sustainability strategy. 4.3 Building an integrated sustainability strategy. 4.4 The Materiality Challenge! 4.1 The Materiality Challenge! 4 Was content delivered in the key sessions relevant? Were the key sessions well delivered by TSG? the workshop will help me for making sustainability future plan and action initiatives. more such sessions to be held with cross functional teams for which would then help to formulate sustainability strategy. need more inputs on service sector companies. Fantastic workshop! Perhaps more time needed for group work on materiality. 28 / 30 participants would like to attend a detailed workshop on the subject. Ratings Key: 1: Very Poor 2: Poor 3: Fair 4: Good 5: Very Good
6 Way Forward Introductory workshops 1 on sustainability strategy Comprehensive workshops 1 on sustainability strategy Comprehensive workshops 1 on sustainable supply chains Development of sustainability strategies for Tata companies 1 for cross company as well as company specific audiences
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8 Leadership with Trust /TataCompanies Follow us on /TataCompanies
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