Transparency & Stakeholder Accountability

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7 Lessons

If you care about sustainability, then you must understand how to define your key stakeholders, how to communicate with your stakeholders, measure your impact on your stakeholders and tell a compelling story about your impact on all your relevant stakeholders. The Transparency and Stakeholder Impact course enables you to do just that!

Truly responsible companies identify their direct impacts on society and the environment and transparently communicate their story to investors and all stakeholders.

Transparency about company impact builds trust among consumers, investors and other key stakeholders. Responsible companies must understand, reflect and act on the concerns raised by their relevant stakeholders.

Stakeholder concerns are excellent indicators of what may become financial and legal risks to a company in the future.

Companies are seeking to build an integrated picture throughout all areas of the business from strategy, to remuneration and governance, to risk and performance, in order to tell their story.

Third-party verification and assurance have become necessary. Stakeholders, especially investors, now expect to see information pertaining to environmental and social performance.

This course explores the development of corporate company reporting: why companies choose to report on some issues (but not others); which stakeholder engagement and reporting frameworks are utilized; and how companies are deciding to communicate their progress, as well as trends that will affect the stakeholder impact measurement of corporate social responsibility into the future.

Learning Outcomes

By the end of the course, you should be able to:

  •    Understand why companies engage with key stakeholders and report on their corporate sustainability efforts and how they do it;
  •    Assess the different stakeholder engagement tools and reporting guidance frameworks and standards in place;
  •    Evaluate the performance of companies across different areas and which metrics are used;
  •    Articulate the future trends in the corporate stakeholder impact and reporting arena.