LBG & Other Indices

Sustainable Development Goals

On September 25th 2015, countries adopted a set of goals to end poverty, protect the planet, and ensure prosperity for all as part of a new sustainable development agenda. Each goal has specific targets to be achieved over the next 15 years.

LBG helps business to map, measure and report on the progress towards the SDG's. Ask us how.

The Sustainable Development Goals (SDGs) have been launched, but what are the implications for business? Corporate Citizenship has put together a range of resources and information for corporate responsibility and sustainability practitioners.  Please get in touch if you would like to know how we can help your organisation with its contributions to the SDGs.

NEW: Download our research paper: From my world to our world: What the Sustainable Development Goals mean for business

CATCH UP: If you missed our SDGs webinar, you can now catch up and watch the recording here.

Click this link to view a discussion where co-founding Directors of Corporate Citizenship, Mike Tuffrey and Amanda Jordan OBE, provide an overview of the implications of the Sustainable Development Goals for business.

Dow Jones Sustainability Index (DJSI)

DJSI was launched in 1999 as the first global sustainability benchmark. The DJSI family is managed by RobecoSAM Indices and S&P Dow Jones Indices. The indices track the stock performance of the world's leading companies in terms of economic, environmental and social criteria. The indices serve as benchmarks for investors who integrate sustainability considerations into their portfolios, and provide an effective engagement platform for companies who want to adopt sustainable best practices. The 'community and philanthropy' section of the DJSI questionnaire is based on the LBG framework - following collaboration between LBG and RobeccoSam. This means that companies using the LBG framework can easily transfer the data captured in to their DJSI submission, making the return process much simpler.

Global Reporting Initiative (GRI)

The GRI promotes economic, environmental and social sustainability. It provides companies and organizations with a comprehensive sustainability reporting framework that is widely used around the world. The framework enables organizations to measure and report their economic, environmental, social and governance performance - the four key areas of sustainability. Data compiled according to the LBG framework feeds in to the key aspects of the economic dimension of GRI most notably for indicators EC1, 7 and 8. Companies using the LBG framework are therefore more easily able to fulfil the GRI criteria when it comes to reporting their community activity as they are able to communicate clear and robust measurement categories.

Investing in Shared Value

LBG Australia & New Zealand has forged an alliance with the Shared Value Project aimed at improving awareness of shared value as a practice and support in finding and executing pilot projects. As the understanding and creation of shared value projects evolves, LBG Australia & New Zealand is continuing to work to develop a framework and approach to measure and assess investments in shared value by companies.

Social Return On Investment (SROI)

SROI is a framework based on social generally accepted accounting principles (SGAAP) that can be used to help manage and understand the social, economic and environmental outcomes created by an activity or organisation. The SROI network is an international social enterprise owned by its members that seeks to change the way that society accounts for value. The SROI framework was devised by the network to help organisations understand, manage and communicate the social value that their work creates in a clear and consistent way with customers, beneficiaries and funders. The SROI framework is used by some LBG members as an extension of the work they already do on measuring impact. Many of its principles chime with LBG but it's assessment extends beyond LBG by estimating the financial value of the impacts generated by an activity and then calculating a ratio of input to return.

BITC's Corporate Responsibility (CR) Index

Developed in consultation with business leaders in the UK, the first CR Index survey was launched in 2002. In addition to being a public exercise in transparency the Index was created as a robust self-assessment tool to help companies systematically measure, manage and integrate responsible business practice. The CR Index assesses companies in the following areas: Corporate Strategy, Integration, Management and Performance and Impact all focussing on the issues of material concern to the company and how they address them. Companies are ranked in the index based on this assessment. Within the assessment of Management Areas, the Index looks at activity in the community. It is here that the LBG framework is integrated in to the assessment. Companies that use the LBG framework to measure and manage their CCI programme are able to incorporate this in to their submission, enabling a much easier process of reporting on their community activity.

FAST FACT

  • In 2016 our members contributed $236M to the community and 0.14% of total revenue on average

     

  • LBG members have
    an average of
    4 full time staff
    members dedicated
    to community
    investment activities

  • LBG members on average contributed 0.56% of pre-tax profit to the community in 2016

  • In 2016 our members contributed $831 per employee on average

  • Employee time made up 10% of contributions by our members in 2016

  • Social Welfare causes received the majority of member contributions in 2016

  • In 2016 on average 11 hours per employee was contributed to the community

MEMBER SPOTLIGHT

  • Jawun.jpgLBG members NAB, Woodside Energy & Wesfarmers support employees on five week secondments assisting Indigenous organisations with economic and social development projects.

    view spotlight

  • ANZ_case_study.jpg "Seeds of Renewal" is a grants program, supported by ANZ, which aims to contribute to building thriving communities in regional Australia.

    view spotlight

  • TUK.pngDatacom helps make the internet safer for kids through ThinkUKnow, an internet safety program delivering interactive training to parents, carers and teachers.

    view spotlight

  • Essendon_EFC_Dyson_Heppell_and_Friends.jpgThe Essendon Football Club aims to strengthen communities through sport, and a key partnership is with the Tiwi Bombers Football Club located 80 kilometres North of Darwin. 

    view spotlight

  • Heart_Foundation_photo_small.jpgThe Medibank Community Fund and Heart Foundation partnership was born out of a shared 'For Better Health' philosophy to encourage healthy eating, more physical activity and greater community connectedness.

    view spotlight

  • National_Gallery_Ab_art_062.jpgIn 2009, the National Gallery of Australia and Wesfarmers Limited established the Wesfarmers Arts Indigenous Fellowship program 

    view spotlight

  • Optus_casestudy_small.jpgOptus partners with The Smith Family to deliver 'student2student', a unique program that has helped many students to significantly increase their reading skills.

    view spotlight

  • OF_logo_new_white_small.pngOrigin Foundation supports Youth Off The Streets with skilled volunteering and financial support of the The National Scholarship Program and Dollars for Scholars Program. 

    view spotlight

  • Jawun.jpgLBG members Woodside Energy, NAB & Wesfarmers support employees on five week secondments assisting Indigenous organisations with economic and social development projects.

    view spotlight

  • josh_kennedy_kg_small.jpgWest Coast Eagles FC inspires high school students in the Pilbara with "Kicking Goals", a curriculum-based mentoring program in partnership with BHP Billiton and Swan Districts Football Club. 

    view spotlight