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University of Vaasa - Vaasan yliopisto

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51<br />

Fully implemented<br />

selection process with<br />

clearly established<br />

criteria for<br />

endorsement, or<br />

otherwise, <strong>of</strong> codes<br />

Formal development<br />

<strong>of</strong> sustainability<br />

business case &<br />

complete integration<br />

into overall<br />

organization business<br />

strategy<br />

Rigorous process for<br />

development &<br />

implementation <strong>of</strong><br />

policy, clearly linked<br />

to business case &<br />

external codes<br />

Evidence <strong>of</strong><br />

endorsement process,<br />

but not clearly or<br />

completely aligned<br />

with sustainability<br />

system and strategy<br />

Limited process for<br />

endorsement or<br />

adoption <strong>of</strong> codes &<br />

standards<br />

Selection <strong>of</strong> external codes & standards for endorsement<br />

or adherence (if any)<br />

3a2<br />

Formal development<br />

<strong>of</strong> sustainability<br />

business case<br />

Informal<br />

development <strong>of</strong><br />

sustainability<br />

business case<br />

Development, review, & management approval <strong>of</strong><br />

sustainability business case<br />

3a3<br />

Policy exits, but is<br />

not formally<br />

approved or<br />

endorsed, or is not<br />

linked to business<br />

case<br />

Limited process for<br />

development &<br />

approval <strong>of</strong><br />

sustainability policy<br />

in place<br />

Development, review, approval & communication <strong>of</strong><br />

sustainability policy<br />

3a4<br />

3b Sustainability Policy 4<br />

Comprehensive,<br />

regularly reviewed<br />

statement<br />

Statement exists but<br />

does not address all<br />

(relevant) aspects or<br />

is obsolete<br />

No formal policy<br />

statement<br />

3b1 Sustainability policy statement<br />

As Above As Above As Above<br />

Ethical & compliance policy statement & associated<br />

implementation standard<br />

3b2<br />

Requirement assessed<br />

& acted upon<br />

Requirement<br />

assessed but not<br />

Requirement not<br />

assessed<br />

3b3 Additional policies as required by 3a

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