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Building a Corporate Responsibility Culture Dennis Hayes

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Building a Corporate Responsibility Culture. Dennis Hayes. Introduction to Corporate Responsibility. Corporate ResponsibilityCorporate Social Responsibility Corporate Citizenship What does it mean to be corporately responsible? - PowerPoint PPT Presentation

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Page 1: Building a Corporate Responsibility Culture

Building a Corporate Responsibility Culture

Dennis Hayes

Page 2: Building a Corporate Responsibility Culture

Introduction to Corporate Responsibility

Corporate Responsibility Corporate Social ResponsibilityCorporate Citizenship

What does it mean to be corporately responsible?

This can be summarized as managing the 5 aspects of company capital.• 1. Natural Capital – The Environment• 2. Human Capital – Your People• 3. Social Capital – Ethics and Community Relations• 4. Structural Capital – Your Assets• 5. Financial Capital – Profitability

Page 3: Building a Corporate Responsibility Culture

Transocean’s Corporate Responsibility Program

Transocean’s definition of Corporate Responsibility

The company considers the interests of society by taking responsibility for the impact of our activities on customers, suppliers, employees, shareholders, communities and other stakeholders, as well as the environment.

Page 4: Building a Corporate Responsibility Culture

Transocean’s Corporate Responsibility Program

Foundation of Transocean’s Corporate Responsibility Standard

– Core Values and FIRST

– Responsible Person

Page 5: Building a Corporate Responsibility Culture

Transocean Triple Bottom Line

Page 6: Building a Corporate Responsibility Culture
Page 7: Building a Corporate Responsibility Culture

Transocean’s Corporate Responsibility Program

Strengths of the Corporate Responsibility Program

– Employee Support

– Management Support

– Formalized standard – To get everyone on the same page you must first have a page.

Page 8: Building a Corporate Responsibility Culture

Implementation of Corporate Responsibility

Implementation of Transocean’s Corporate Responsibility Program

– First Projects

– Interest – Dedicated Individuals then Management Support.

Page 9: Building a Corporate Responsibility Culture

Udaan India Foundation - India

Page 10: Building a Corporate Responsibility Culture

Compassion Centre for Physically Disabled Children - Nigeria

Page 11: Building a Corporate Responsibility Culture

Beach Clean Up Event - USA

Page 12: Building a Corporate Responsibility Culture

Recycle the Gulf

Page 13: Building a Corporate Responsibility Culture

Gulf of Mexico Foundation Habitat Restoration Center

Page 14: Building a Corporate Responsibility Culture

Limbe Wildlife Centre

Page 15: Building a Corporate Responsibility Culture

Implementation of Corporate Responsibility

Implementation Across a Diverse Company

– 9 geographical divisions, 18,000 people and over 80 nationalities

– What’s important?

– Location, Location, Location

Page 16: Building a Corporate Responsibility Culture

Implementation of Corporate Responsibility

Choice of Implementation of a Corporate Responsibility Program

– Grass Roots

– Formal Structure

Page 17: Building a Corporate Responsibility Culture

Summary

How do you build a corporately responsible drilling company?

– Foundation of values

– Interested and empowered individuals

– Support of Management

Page 18: Building a Corporate Responsibility Culture

Questions?


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