ACSA - UN #SDG 34005

ACSA-UNSDGACTION#34005

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Background of Partnership for United Nations Sustainable Development Goals (#SGD Action 34005):

Climate change remains an issue that is primarily seen as one of operational efficiency rather than the creation of long-term sustainable value. The majority of companies have focused their efforts on those actions that provide clear and relatively low risk returns, and those where the costs are relatively modest. This wait and see approach, perhaps unsurprisingly, is particularly prevalent in situations where the actions involve significant capital expenditures or where the actions could commit the company irrevocably to a specific course of action. The logical conclusion is that companies should think about climate change-related risks and opportunities in a similar manner to other business risks and opportunities.

We need to train our young people and adults working in the “real” world to frame climate change as a strategic issue. That is, people working in either public or private sector need to have corporate strategic auditing competences to assess how climate change may affect their businesses and, based on this assessment, make ethical decisions that allows them to protect their business against downside risks, maximize upside opportunities and ensure that their business strategies are not a one way bet on climate change policy (in either direction).

Key #SGD Action 34005: Corporate Strategic Auditing Training and Personnel Certification as Corporate Strategic Auditor (CSA) in Corporate Accountability for Climate Change in Asia

Learning outcomes of corporate strategic auditing training:

Carrying out evidence-based practice approach of research, debate, analysis and opinion on trusted evidence of corporate strategic intelligence for both macro and micro environment which the audited company operates in (including country, commercial, currency, cultural and climate change risks) and resources and competences of audited company (including board members, top management, finance, human resource, marketing, research development, operation and logistics and information systems activities) to identify corporate strategic factors.

Formulating and implementing ethical sustainable business strategy for the audited company that base on the identified corporate strategic factors from the strategic intelligence which integrates economic, social and environmental objectives of society, in order to maximize human well-being in the present without compromising the ability of future generations to meet their needs. Crafting the corporate mission, specifying achievable objectives and setting policy guidelines and ensuring ethical corporate, business, functional and operation strategies, and policies are put into action through the development of systems for programs, budgets and procedures.

Evaluating and controlling corporate activities and performance results of audited company so that actual performance can be compared with desired performance metrics in terms of economic, environment and social sustainability. Maintain high standards of business ethics in the execution of its ethical sustainable business strategy for its actions and consequences.

Why should you attend the corporate strategic auditing training?

Participants are able to build their capabilities in analyzing and presenting the background of the industry that the audited corporation operates in.
Participants are able to build their capabilities in analyzing and presenting the current situation of the audited corporation in the industry.
Participants are able to build their capabilities in analyzing and presenting the performance of the corporate governance and top management of the audited corporation.
Participants are able to build their capabilities in analyzing the external environment risks (country, commercial, currency, cultural and climate change risks) where the audited corporation operates in.
Participants are able to build their capabilities in analyzing resources and competences through marketing audit, finance audit, R&D audit, HR audit, operation and logistics audit, and information systems audit of the audited corporation.
Participants are able to build their capabilities in identifying the strategic factors of the audited corporation.
Participants are able to build their capabilities in formulating and selecting the appropriate ethical sustainable strategic alternatives for the audited corporation.
Participants are able to build their capabilities in recommending the appropriate ethical sustainable business strategies for the audited corporation.
Participants are able to build their capabilities in implementing selected ethical sustainable business strategies for the audited corporation.
Participants are able to build their capabilities in evaluating the implemented ethical sustainable business strategies with control measures for the audited corporation.

Project Aim of #SGD Action 34005:

ACSA will provide corporate strategic auditing training in corporate accountability for climate change, and also personnel certification as certified strategic auditors to advance the knowledge of climate change with continuing, relevant, and valuable professional development and networking.

Project Activities of #SGD Action 34005:

To train 10,000 participants in the Asia by 2030 through face-to-face, blended and or online learning via CANVAS.

Project Targets for #SGD Action 34005:

Selected participants in Asia with tertiary qualifications in business or commerce.

Micro-Credential Awards for #SGD Action 34005:

On successfully completion of the ACSA-UN SDG Action 34005 corporate strategic auditing training, participants will be awarded mico-credentials in Corporate Strategic Auditing Training for Corporate Accountability in Climate Change.

In addition, participants that have successfully completed the ACSA-UN #SDG Action 34005 corporate strategic auditing training can opt to go for micro-credentials through personnel certification as Certified Strategic Auditors (CSA).

Corporate Partnerships for #SGD Action 34005:

The cost per participant by ACSA is S$2500, and to train 10,000 young people and adults will need a total of S$25m to achieve the objectives of the initiative. We would like to work with individuals and corporate partners to raise the funds in various forms, which can include:

staff fundraising
charity of the year
supplier fundraising and fundraising from other stakeholders
licensing i.e. use of charity name and/or logo in conjunction with the sale of goods/services
cause-related marketing i.e., a commercial activity by which businesses and charities or causes form a partnership with each other to market an image, product or service for mutual benefit
sponsorship i.e. cash or in kind fee paid in return for access to exploitable commercial potential
payroll giving
donations
employee involvement and volunteering
gifts in kind
royalties
affinity relationships
product endorsement
events
recycling

Your involvement as individual or corporate level could help to reduce the timeline for an effective corporate accountability in climate change in Asia. Even though few businesses integrated climate change into their business strategy, there are several factors (board of directors with international experience, organizational slack, and country effect) that influence Asia climate change business strategy. It is imperative that we train our young people and adults in corporate accountability in climate change in Asia because they are our future leaders in corporations and or countries that will carry out the change.