eu regulatory landscape on transparency : business ......transparency (1/2) 17 challenges and...
TRANSCRIPT
EU regulatory landscape on transparency : business
challenge or opportunity?
UO digital talks - 28/05/2020
Introductions
4
Raquel P.S. MOTTA
Strategy & Innovation,
amfori
Rogier
Wezenbeek
DG FISMA,
European
Commission
Jean-Marie COANT
Strategy &
Innovation,
amfori
Mitsuru SUZUKI
Public Affairs,
amfori
Leon MOL
Director Product Safety
& Social Compliance,
Ahold Delhaize,
Board Member, amfori
Agenda
5
10h00 – 10h05 Introduction of the webinar, panelists and the toolkit
10h05 – 10h10 amfori work on Transparency (Jean-Marie Coant, S&I amfori)
10h10 – 10h20 Comprehensive timeline of EU regulations on transparency
(Mitsuru Suzuki, Advocacy amfori)
10h20 – 10h35 The evolution of the Non-financial Reporting directive (Elena
Arveras - EU Commission)
o Forward-looking (next 5,10 years) on the importance of
the directive for companies and the investment
landscape
o Key expected changes in the directive
o Leading Member States implementing the NFR directive
10h35 – 10h50 amfori member with experience on Sustainability Reporting
(Leon Mol, Ahold Delhaize), covering:
o Challenges and benefits on complying with directives and
regulations (e.g. Data sharing, Communication strategy,
Opportunities on access to finance);
o Impact on businesses value (e.g. Brand trust, Partnerships
building, etc).
10h50 – 11h00 Questions & Answers
amfori – vision for transparency
7
amfori believes that increased
transparency is a driver for
sustainability. We are working to increase our own transparency
and will support our members to become more
transparent.
Building trust through transparencyfor and by our members and stakeholders
2020 2030
amfori – vision for transparency
8
Transparency
for companies
is about…
✓ Trust
✓ Efficient & resilient supply chains
✓ Reputational risk
✓ Supporting sustainability efforts
Scope of our
Transparency
approach
Our areas of
focus
✓ Organisational (amfori)
✓ Our members
✓ Producers
✓ Transparency within our organisation
✓ External transparency on amfori’s impact
✓ Supporting amfori members and producers
Timeline of EU regulations on transparency
Mitsuru SUZUKI
Social & Environmental Policy
Advisor
amfori
REACH
Regulation
(EC)
No. 1907/2006
EU Timber
Regulation
(EUTR)
995/2010
BPR
Regulation
(EU)
No. 528/2012
CLP
Regulation
(EC)
No.1272/2008
Food
information
to consumers
Regulation
No. 1169/2011
2005 2010 2012
2008 2011 2014 2017
2015 2019Non-
Financial
Reporting
Directive
(NFRD)
2014/95/EU
France’s
Duty of
Vigilance
Law 2017
UK
Modern
Slavery
Act 2015
Transparency and
Sustainability of
the EU risk
assessment in
the food chain
Regulation
2019/1381
Conflict Minerals
Regulation
No. 2017/821
EU Regulatory Landscape on Transparency
12
- EU Policy Agenda 2024: greater
transparency in supply chains, while
ensuring confidentiality of sensitive
information
- Monitor, share & engage
Advocacy and Transparency
The evolution of the NFRD
Forward-looking (next 5,10 years) on the importance of the directive for companies and the investment landscape
Key expected changes for business in the directive
Leading Member States implementing the NFRD
14
Experience on Sustainability reporting and Transparency
Leon MOL,
Director Product Safety &
Social Compliance,
Ahold Delhaize
Ahold Delhaize journey on Transparency (1/2)
17
Challenges and benefits on complying with directives and regulations
• Inefficiency: making choices
• GRI as a guidance: embedded in the business
• National versus EU approach
• Business centric approach
• Pre-competitive level / leverage
Ahold Delhaize journey on Transparency (2/2)
18
Impact on businesses value
Transparency:• Informative:
• Backbone for (brand) trust• Due diligence
• Inspirational: • Potential for real partnerships
• supply chain actors• stakeholders
• SME participation – ‘all in the same boat’• ‘the message from the field’
• One-size fits all -> specific• Audit report -> producer
• Transparency = value for money!
Thank you!
https://www.unleashopportunity.org/programme/