Using Sustainable Project Management in Social Enterprise Projects

This report explores the application of sustainable project management practices within social enterprises, focusing on how these practices contribute to balancing environmental, social, and economic aspects of project-based work. It emphasizes the role of social enterprises in addressing specific social needs and maximizing benefits to society and the environment. The report also examines governance disclosures by Sainsbury, Ocado, and the British Heart Foundation, highlighting differences in their approaches to board leadership, nomination committee reports, audit committee reports, and remuneration reports. The analysis provides insights into how these organizations ensure transparency and accountability in their operations, contributing to their sustainable development goals. Desklib offers a variety of study tools and solved assignments for students.

Using sustainable project
management practices within
social enterprise projects

TABLE OF CONTENTS
Task 3.....................................................................................................................................3
REFERENCES...........................................................................................................................7

Task 3
PlanSustainable projects
It refers to the projects which the businesses use as a way of achieving sustainability
which helps in balancing the environment, social, economic aspects of the project-based
working in order to meet with changing needs of the stakeholders of the business without
compromising or overburdening future needs of the generations (
What is sustainability in
project management? 2021). In the todays, world, the sustainability in projects is very much
essential. It involves both the individuals and the organizations having the responsibility for
ensuring the output.Social enterprises
Social enterprises accounts for the businesses which has a specific social need which
is its primary objective. It seeks to maximising the benefits to the society and the
environment. The profits generated by it is mainly utilized for funding the social programs
(
Social enterprises UK. 2021). Such enterprises exist in every sector ranging from consumer
goods to the healthcare to creative agencies, restaurants etc. there are over 100,000 social
enterprises across UK which results into contributing £60 billion to the economy along with
that providing employment to 2 million people as well.
Main Body
For the social enterprises in order to attain the desired goals and objectives are
needed to comply with the various project management practices such as specifically meeting
up with the specific governance disclosures.
Specific Governance disclosures by Sainsbury and Ocado and a not-for-profit organization,
British Heart Foundation
Following are the certain points which helps in making or understanding the
difference between the governance disclosures made by the three organizations. May be the
things to be disclosed are same but the objective each of them for every organization is
different which are stated below.
Sainsbury
Board Leadership and division of responsibility
In Sainsbury, the chairman is the leader of the board and the responsibility is to
design the agenda and ensuring the effectiveness of the board. In addition, the chairman of
the company is required to communicate with the shareholders as the board is required to
know the view point of the major shareholders (
Corporate governance. 2021). Also, the

responsibility of the CEO is to create the framework, values and the objectives in order to
ensure successful delivery of every target.
Nomination committee report
Chaired by Martin, the nomination committee of Sainsbury involves monitoring the
balance of skills, knowledge and the diversity of the Board and its committee. It provides
assurance that the right procedures are put in place pertaining to the nomination, selection
and evaluation of the Directors based upon which the succession plans are determined. It
determines the number of members requires in a meeting, membership, minutes of meetings,
quorum.
Audit committee report
The audit committee report is a very important part of governance disclosure which
reviews the integrity of the financial information before publishing it and it also oversees the
system of internal control or the risk management in addition to providing approval for the
internal and external audit process. Along with that, it provides information about the in-
depth review of the specific risks more specially in regard to the information security and the
data governance.
Remuneration report
There are 4 main responsibilities of the remuneration committee of Sainsbury. In the
first place, deciding and concurring with the Board the wide compensation strategy for the
Chairman, CEO, Directors and the Operating Board Directors. Second, setting singular
compensation plans for the Chairman and Executive Directors. Third, suggesting and
checking the level and design of compensation for those individuals from senior
administration inside the extent of the Committee, specifically the Operating Board Directors
and some other leader whose compensation surpasses that of any Operating Board Director.
Fourth, endorsing the assistance arrangements of every Executive Director and including end
courses of action.
Ocado
Board Leadership and division of responsibility
In Ocado, the primary role of the board is presented to the users. It discloses that the
role of Board is to promote long run sustainable success along with preserving the value and
wider contribution towards the society. It states that the framework of the prudence and
effective governance is put in place which involves management of risks along with
maintaining the trust of the stakeholders. The responsibilities of board of Ocado is to create

purpose, establish values and culture and formulating strategy which helps in facilitating
sustained growth.
Nomination committee report
Chaired Lord Rose, his report provides assurance that the recent appointments made
by the organization is the right fit which will help in meeting up with the strategic needs for
both present and future. It provides complete analysis of the Board composition; succession
plans and talent development. In addition, how the new appointees will be working and their
roles and responsibilities.
Audit committee report
The audit committee report is also prepared by Ocado group which reveals the
compliance with the governance disclosure requirements (
Governance. 2020). It has helped
the organization in monitoring and reviewing the integrity of the financial information. In
addition to this, it provides information on the challenges pertaining to the financial reporting
and the internal control system and processes.
Remuneration report
In Ocado, the role of the remuneration committee is to making a balance between
the pay and performance. It takes into consideration various factors which can be external to
the business like the impact of Covid-19 pandemic. The company has made relevant changes
to its remuneration policy which has helped in attaining sustainable growth. It states the
objective of the remuneration policy of the company and the way in which it is attaining it.
British Heart Foundation
Board Leadership and division of responsibility
On this side, the board is responsible for the governance and strategy of the
organization. The board of Trustees is having the responsibility for the actions of BHF. The
board is made up of 14 trustees involves mix of medically qualified and lay members. The
division of responsibility is important responsibility of the board. They delegate daily
activities for running the organization to the executive groups. The board has even approved
and adopted the conflict-of-interest policy and code of conduct.
Nomination committee report
Chaired by Dr Doug Gurr, the nomination committee here is responsible for
recommending individuals for the purpose of appointment and re-appointment as the
member of Board of Trustees which involves conducting skill audits, monitoring the
induction and training programme for the trustees. In addition to this, it is also responsible

for the recommending individual for the position of Chairs in some of the BHF’s
committees. It involves selection of the Chief Executive, Medical Director and so forth.
Audit committee report
BHF involves audit and risk committee report which provides the outcomes based
on the review and evaluation of the management and internal control pertaining to both
financial and non-financial in nature. It provides information on the role and effectiveness of
the internal audit functions and recommends for the changes. This committee suggests
external auditor for the BHF and recommend reserves policies and approval processes for
the non-audit services.
Remuneration report
The Remuneration and People Committee in BHF is answerable for guaranteeing
that reasonable and compelling plans are set up for the examination of the Chief Executive,
and for deciding and routinely evaluating the expansive senior administration compensation
strategy (
How we are governed. 2021). This Committee may prompt the Executive Group on
the overall compensation strategy of the BHF. Moreover, the Committee audits input from
worker and volunteer commitment overviews and different drives identifying with wellbeing
at work, equity, variety and inclusivity.

REFERENCES
Books and Journals
OnlineSocial enterprises UK. 2021. [Online]. Available Through:<
https://www.socialenterprise.org.uk/what-is-it-all-about/>.What is sustainability in project management? 2021. [Online]. Available Through:<
https://www.apm.org.uk/resources/what-is-project-management/what-is-
sustainability-in-project-management/>.Corporate governance. 2021. [Online]. Available Through:<
https://www.about.sainsburys.co.uk/about-us/corporate-governance>.Governance. 2020. [Online]. Available Through:<https://www.ocadogroup.com/sites/ocado-
corp-v2/files/investors/Annual%20Report%20LP/Ocado%20Group-%20Annual
%20Report%202020-Governance.pdf>.How we are governed. 2021. [Online]. Available Through:< https://www.bhf.org.uk/what-
we-do/our-people/how-we-are-governed>.