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The Maplecroft policy bank is a set of more than 20 best practice policies with guidance that map against the concept of sustainability or corporate responsibility as presented in Figure 1. When used effectively these tools can help you meet economic, social and environmental concerns and requirements of customers, investors, rating agencies and other stakeholder groups in society – and position your business with competitive advantage.

The policy bank evolved under the stewardship of academics and business practitioners over 25 years and references international best practice and leading company examples to identify the key elements that need to be in each policy. Each of the policies and associated guidance is cross-linked to a set of best practice international standards, codes and initiatives: United Nations Global Compact, Millennium Development Goals, Global Reporting Initiative (GRI), Dow Jones Sustainability Index, FTSE4Good, the Equator Principles, ISO14001, OHSAS 18000 and SA8000.

Policies and guidance materials can be used to direct and inform employees, supply chain partners and external stakeholders about ‘what’ sustainability means to your business and ‘how’ it might be implemented.

(Click on image for larger version)

Policy bank scope – each with separate best practice policies with guidance available

The policy bank consists of tools in each of the following areas:

  1. Policies – each policy is organised consistently to cover best practice business commitments, organisational scope, implementation requirements, awareness raising techniques/communication requirements and management accountability. Each recommended policy element is clearly explained with reference to best practice standards and other company examples.
  2. Guidance – use our generic guidance materials or engage us in the development of tailored guidance to your existing business principles or policies. All guidance materials include detailed description of best practice approaches, spotlights on business engagement and flashpoints of lessons learned. Tailored guidance will be drafted with you to fit the distinctive nature and products of your business/industry.
  3. Risk analysis – we explain how your existing principles or policies perform against best practice. We provide written commentary on your existing documents/processes, identify risks/gaps and make recommendations for improvement including new text, guidance and strategy for implementation and added brand value.

Risk analysis and design of strategy for consultation, refinement or implementation on request.

For further information please e-mail info@maplecroft.net

Site Last Updated 17 July, 2008 5:29 PM


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