The Stakeholder Engagement Manual Volume 2 - AccountAbility

Annex
JARGON BUSTER
JARGON BUSTER
18
Jane Nelson and Simon Zadek, Partnership Alchemy: New Social Partnerships in Europe
(Copenhagen: The Copenhagen Centre, 2000).
19
World Commission on Environment and Development, Our Common Future (Oxford,
New York: Oxford University Press, 1987).
Partnerships
In the context of corporate social responsibility interactions, partnership has
been defi ned as “people and organisations from some combination of public,
business and civil constituencies who engage in common societal aims through
combining their resources and competencies” 18 sharing both risks and benefi ts.
Stakeholder
Any group or individual who can aff ect, or is aff ected by an organisation or its
activities. Also, any individual or group that can help defi ne value propositions
for the organisation.
Sustainable Development
First popularised in the 1980s by the Brundtland Commission report
Our Common Future, which proposes that for development to be sustainable
it should “meet the needs of the present without compromising the ability of
future generations to meet their own needs.” 19
Triple Bottom Line
The idea that the overall performance of a company should be measured based
on its combined contribution to economic prosperity, environmental quality
and social capital.