The Power of Poverty Assessment: Q & A with WBCSD about Improving Non-Financial Reporting
Guest Presenter: Kitrhona Cerri, Social Capital Manager, World Business Council for Sustainable Development (WBCSD)
Summary: WDI hosted The World Business Council for Sustainable Development’s (WBCSD’s) Social Capital Manager, Kitrhona Cerri, in a very special webinar about a new socio-economic measurement program entitled “Redefining Value”. Cerri shared details about how this program aims to integrate natural and social capital measurement and valuation into corporate performance management. She also highlighted how this program can ultimately improve the effectiveness of non-financial internal and external reporting so that it progressively reflects the true value, profits and costs of companies and social ventures.
Resources:
1. Access WBCSD materials on impact here and the referenced toolbox here.
2. Find the guide that Cerri refers to here that aims to help companies understand socio-economic measurement.
3. In the webinar, Cerri also referred to multiple examples of companies that integrate social and environmental metrics in their reporting. One such example is Lafarge’s Sustainability Compass. And another is Ambuja Cement’s Sustainable Development Report.
4. Find a plethora of tools on socio-economic measurement (nearly 150) here.