Views: ASSURE VIEW – The CSR Assurance Statement Report (2008) By

Do SMEs need to have their sustainability reports independently assured?

According to the CSR Assurance Statement Report the answer at this point in time is no. Generally assurance is more often needed for large companies and those in the public eye; a CSR report with assurance helps build a business’ trust and integrity. As stated by the director of The Reassurance Network, a specialist consultancy:

This is about trust. CSR reports aim to build trust, whether to attract ethical investment, to motivate and engage employees or to reassure customers. Trust comes from combination of performance and communication. So a responsible company needs to accurately communicate its strategy, policies, and impacts in order to be accountable (and gain trust).

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BOOK REVIEW: "Natural Capitalism" by Paul Hawken, Amory Lovins, and L. Hunter Lovins

Natural Capitalism throws out the business rulebook and introduces a new way of looking at the global economic system. Authors Paul Hawken, Amory Lovins, and Hunter Lovins propose that we are facing a new industrial revolution where commercial, environmental, and social interests intertwine and can be mutually beneficial. Their new model integrates the sustainable utilization of “natural capital,” such as renewable resources and ecosystem services, to create an improved economic system and a more harmonious planet. Where we have previously ignored the limitations that exist to resource extraction, Natural Capitalism provides guidelines for efficient and innovative use of our resources and technologies, and promotes a new mindset that holds the potential to bring multilateral prosperity.
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BOOK REVIEW: “The Power of Unreasonable People: How Social Entrepreneurs Create Markets that Change the World” by John Elkington and Pamela Hartigan

As the title suggests, this book is a guide to thinking outside of the business box. This paradox of offering a structure to unconventional thinking is actually accomplished quite successfully by authors Elkington and Hartigan, sustainability and entrepreneurial experts. This book outlines and analyzes how “unreasonable” social entrepreneurs get started, build their success, and even touches briefly on potential downfalls, citing examples all along the way. This comprehensive book discusses individuals and groups throughout the world with work ranging from medical services to dairy farms, from clean energy to low-priced computers.
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