RESPONSIBLE BUSINESS How Can HR Drive the Agenda? MORNING SESSION - - PowerPoint PPT Presentation

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RESPONSIBLE BUSINESS How Can HR Drive the Agenda? MORNING SESSION - - PowerPoint PPT Presentation

RESPONSIBLE BUSINESS How Can HR Drive the Agenda? MORNING SESSION Research Questions What is responsible business, and why now? Whats driving responsibility at organisational level, and what are the focuses of activities?


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RESPONSIBLE BUSINESS

How Can HR Drive the Agenda?

MORNING SESSION

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Research Questions

  • What is ‘responsible business’, and

why now?

  • What’s driving responsibility at
  • rganisational level, and what are

the focuses of activities?

  • Is there a business case for

responsible business?

  • Three themes for the day
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CORPORATE SUSTAINABILITY

Restorative business Regenerative business Circular economy NET POSITIVE

ESG

TRIPLE BOTTOM LINE

Shared value

RESPONSIBLE BUSINESS

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Factors Driving Business Interest in Responsibility

  • Globalisation and

economic liberalisation

  • Technology
  • Climate change
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Drivers of Corporate Engagement with Responsible Business

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Responsibility – The Areas of Focus

  • Eliminating slavery, child labour
  • Improving employee wellbeing
  • Building a more diverse and inclusive organisation
  • Increasing environmental sustainability
  • Taking a stance on controversial issues
  • Meeting ethical commitments
  • Tackling in-work poverty
  • Respecting human rights
  • Creating products and services that will solve social problems
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Who Drives the Business Case for Responsibility?

  • CUSTOMERS

Create a market for responsible goods and services,

  • r boycott the goods and services of companies

perceived to be irresponsible

  • EMPLOYEES

Easier to attract and retain; more motivated, engaged, and committed to the business

  • INVESTORS

Invest or withhold capital

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Is the Evidence Sound?

  • Causality
  • Omitted variables
  • Validity and consistency of measures
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AN INEXORABLE SHIFT…

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Three Themes for the Day

  • PURPOSE

What is a purpose-driven business and what does that look like in practice?

  • CULTURE AND LEADERSHIP

What qualities of organisational cultures and leadership foster responsibility? What barriers limit progress?

  • HR'S ROLE IN RESPONSIBLE BUSINESS

What are the challenges on the journey to becoming a responsible business, and how can the HR function use its expertise to help meet these challenges?

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RESPONSIBLE BUSINESS

How Can HR Drive the Agenda?

AFTERNOON SESSION

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CRF Strategic Responsibility Framework

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CRF Strategic Responsibility Framework

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CRF Strategic Responsibility Framework

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CRF Strategic Responsibility Framework

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CRF Strategic Responsibility Framework

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