"sustainability and the bottom line
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"Sustainability And The Bottom Line. Gael Ogilvie RMLA Presentation June 27th 2002. Overview. What is driving change? How are organisations responding? Challenges/Way Forward. Private Sector: Port of Tauranga; Sanfords Meridian Watercare Transpower Urgent Couriers - PowerPoint PPT PresentationTRANSCRIPT
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Employee Presentation 3-00 - p 1
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Employee Presentation 3-00 - p 2
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Employee Presentation 3-00 - p 3
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Employee Presentation 3-00 - p 4
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Employee Presentation 3-00 - p 5
OverviewOverview
What is driving change? How are organisations responding? Challenges/Way Forward
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Employee Presentation 3-00 - p 6
Private Sector: Port of Tauranga; Sanfords Meridian Watercare Transpower Urgent Couriers Metrowater Tasman/Norske Skog
Public Sector Antartica Office of Auditor
General Department of
Conservation Housing Transit Ministry for the
Environment EECA, ERMA Hort Research
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Employee Presentation 3-00 - p 7
“Value” shift- more than financial gain
“Licence to operate”
Greater threats and opportunities
Environmentaland socialburdens /
degradation
Organisational Performance
Globalisation
Technology
Power / Expectationsof consumer / civil
society
Focus on Risk Management
Reputation Operational
Looking for win/win
activities andPartnerships(innovation,
diversity)
Pace of change/communications
RESPONSE
DRIVERS
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Employee Presentation 3-00 - p 8
Book Value
• Reputation
• Market Perceptions
Market value
(Shareprice
x
No shares)
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Employee Presentation 3-00 - p 9
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Employee Presentation 3-00 - p 10
What opportunities do we have for improving our environmental and
social performance and contributing positively to our financial bottom
line?
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Employee Presentation 3-00 - p 11
ProcessProcess
Demystifying the concept
Planning how to make it happen
Making it happen
Reporting
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Employee Presentation 3-00 - p 12
SDR MisconceptionsSDR Misconceptions
About optimising all dimensions of performance and reporting
Similar to existing frameworks et Balanced Scorecard
Terminology traps
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Employee Presentation 3-00 - p 13
Demystifying the Concept
Making a difference by Improving social and environmental
performance Through
Effective partnerships/transparency Realising win/win opportunities Integrated long-term decision making
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Employee Presentation 3-00 - p 14
Planning how to make it happen
Key Performance Areas: Scope/Priorities
Policy Explicit Objectives KPIs
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Employee Presentation 3-00 - p 15
Making it happen Leadership/informed “buy-in” Procedures/Behaviours/Value set//Codes of
Conduct Measurement/Benchmarking Continual improvement
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Employee Presentation 3-00 - p 16
Reporting Stakeholders GRI AA1000 Verification
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Employee Presentation 3-00 - p 17
ChallengesChallenges
Transparency risks/trust
Uncertainty in win/win scenarios long-term v short-term economic gain
“Common ground” for partnerships/effort required
Bolt-on vs integrated
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Employee Presentation 3-00 - p 18
Ways ForwardWays Forward
Private / Public partnership - incentivising social/environmental responsibility Full Cost Accounting Education Procurement Promotion
Open Debate/discussion Learning by sharing e.g. NZBCSD Effective/understandable communications