Policies and business codes are essential for the implementation, monitoring and reporting of responsible business programmes.
They provide public stakeholders, customers, business partners and governments with a reference point by which to evauluate commitments and set expectations.
Internally and for suppliers and investees they act as drivers of behaviour and the basis of performance assessments.
InvestAssure can provide you with the experience, research, tools and facilitation to help develop a consistent set of policies and codes which will set achievable expectations and incentivise continuous improvement.
All too often grand visions are not realised and aspirational goals are not met. In a world where companies are ever more exposed in the media. it is more important than ever that perception is matched by reality.
A major barrier to making responsible business a reality is the 'glass floor'. This is where business operations are not enabled to act upon the commitments of senior management. This is often due to poor communications and misunderstanding. It can also happen because operational management is not incentivised effectively, or enabled through resource allocation and practical guidance.
We approach this challenge through participative workshops at corporate and facility levels, followed by targeted training and e-learning.
Risk provides an anchor for most business strategies and decision making. However, we invariably find an absence of rigorous risk assessment underpinning responsible business programmes.
Our approach puts risk at the front of assessments and due diligence considerations - whether it be for corporate strategy, facility management, supply chains, investments, or product development.
We also bring stakeholder reputation and wider web exposure into the heart of business risk profiling, using our NIMBUS database and web scanning tools to identify past incidents or allegations which could be relevant to decisions on new suppliers or investments.
Monitoring policy implementation or business code compliance is a big enough challenge within an organisation, let alone across a whoe supply chain or investment portfolio.
We advocate a risk-based approach which combines analysis of metrics and qualititative indicators from internal performance reports, self-disclosure, compliance audits and web allegations.
We can offer use of our innovative SMART online platform to facilitate large parts of this process, taking out much of the sweat and allowing specialist resources to be applied where most beneficial.
Our NIMBUS web monitoring service can also help to compliment audits by alerting you to negative supplier or investee media exposure.
We also offer public report assurance, which combines an internal performance and risk review with an independent opinionstatement for public disclosure.