The Doughnut Theory
🌍 Harnessing the Doughnut Theory to Address CSR Challenges 🍩
In a world where #Sustainability is no longer optional; how can businesses effectively balance economic growth with social responsibility? Enter the Doughnut Theory – a visual, practical framework developed by economist Kate Raworth that simplifies the complex issues of Corporate Social Responsibility (CSR) and sustainable development.
As highlighted by Carole Deschaintre, Offer and Expertise Manager at Cegos, in her article, the Doughnut Theory presents two key dimensions:
🌱 Ecological Ceiling: Setting ecological boundaries to prevent environmental harm.
🤝 Social Foundation: Ensuring basic human needs like water, education, and equality are met.
The challenge is clear: Can your company thrive within this "safe and just space" between these boundaries?
By aligning with Doughnut principles, businesses can:
🎯 Define Sustainable Goals: Align objectives with social and environmental impact.
♻️ Optimize Operations: Reduce ecological footprints and enhance social impact.
🤝 Engage Stakeholders: Foster a culture of collaboration for sustainable growth.
📊 Track Progress: Measure and communicate achievements transparently.
With new CSRD sustainability reporting requirements – a European Union directive that mandates companies to report on their social and environmental impacts – aligning your business with these principles is more important than ever. This framework provides a roadmap for action, helping organizations stay resilient and competitive while contributing to a better world.
👉 Curious to learn more? Read the full article to explore how the Doughnut Theory can guide your company’s sustainable transformation.
#CSR #DoughnutTheory #CorporateResponsibility #CSRD #SustainableBusiness