Stakeholder engagement

By stakeholder engagement Loss prevention at all conditions Below legal limits No obnoxious emissions Long-term effects of exposure to chemicals should be known and acceptable... 

We often hear that trust in the decisions about human health and environment made by government has rarely been lower, yet public expectations about transparency and consultation are growing. The development of environmental standards is no exception, but levels of public and stakeholder engagement in the process are currently low, and even where they take place at all, usually it is only after proposals are well developed. 

Governments have a leading role in setting the legislative and institutional frameworks within which the other actors may be enabled to perform optimally. But true development can only take place if everyone in the product chain shoulders responsibility. Below are a description of some tools KemI has developed for multi-stakeholder engagement, in some cases in co-operation with the relevant sectors of industry. 

Community Social impacts of operations Stakeholder engagements Quality of life in community Human rights... 

Stakeholder engagement as part of a competitive business strategy. 

The Future 500, a nonprofit environmental and stakeholder engagement consulting firm, provides tools and services that enable best practices in stakeholder engagement at the world s leading companies. One of the Future 500 tools, the Corporate Accountability Practice (CAP) Gap Audit , delivers an answer to the dilemma of CSR/SRI survey fatigue, and supports the planning effort to manage the myriad of issues most important to key stakeholders. 

In the Future 500 stakeholder engagement schema, the corporate or shareholder stakeholder terrain is at the center of the sphere. The heart of any corporation is its mission and values, its policies and procedures for doing business, and its value proposition - that is, what product or service is being creating. A company s cultural values and ways of doing business are created in this terrain. A company s culture emanates from this center and little can be done to transform activities in the outer layers if there is no alignment with what exists at the heart of the stakeholder framework. Primary stakeholders in this terrain include the executive management team, the board of directors, and all shareholders. 

The CAP Gap Audit is one of a new generation of CSR tools that has been developed specifically to accelerate the process of stakeholder engagement, which is increasingly a part of mainstream business practice (Net Impact for the Forum for Corporate Conscience, 2004). The CAP Gap Audit methodology... 

Leadership companies no longer see stakeholder engagement as an optional means to touch base with a variety of interest groups but rather as a critical part of their business strategy. In many cases, companies are using stakeholder engagement to enter challenging markets, resolve or head off confrontations with stakeholder activists, and improve or preserve their reputation in communities and the marketplace. 

Most respondents indicated that sustainability touches more on public relations than any other function. However, stakeholder engagement,... 

Social and economic performance, and stakeholder engagement are evolving, from the areas of specific activity, to performance measurement, management and oversight, and communication and reporting of these issues. 

A greater emphasis on life cycle analysis and sustainability as the key element in all subjects. Also, training in stakeholder engagement. 

Public Green Procurement, Stakeholder Engagement, Corporate Social Responsibility, Communication, etc. 

We have also further developed our proeesses fra- stakeholder engagement and gathering weak signals in order to [...] to assess what effeets the global sustainability megatrends will have on our corporation. ... 

Shared Vision. We have further developed our processes for stakeholder engagement and gathering weak signals ... 

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