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"Sustainability And The Bottom Line

"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

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"Sustainability And The Bottom Line

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  1. "Sustainability And The Bottom Line Gael Ogilvie RMLA Presentation June 27th 2002 Employee Presentation 3-00 - p 1

  2. Employee Presentation 3-00 - p 2

  3. Employee Presentation 3-00 - p 3

  4. Employee Presentation 3-00 - p 4

  5. Overview • What is driving change? • How are organisations responding? • Challenges/Way Forward Employee Presentation 3-00 - p 5

  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 Employee Presentation 3-00 - p 6

  7. Technology Pace of change/communications DRIVERS Globalisation Power / Expectationsof consumer / civilsociety Environmentaland socialburdens /degradation Organisational Performance RESPONSE Looking for win/winactivities andPartnerships(innovation,diversity) Focus on Risk Management Reputation Operational Greater threats and opportunities “Licence to operate” “Value” shift- more than financial gain Employee Presentation 3-00 - p 7

  8. Book Value Market value (Shareprice x No shares) • Reputation • Market Perceptions Employee Presentation 3-00 - p 8

  9. Employee Presentation 3-00 - p 9

  10. What opportunities do we have for improving our environmental and social performance and contributing positively to our financial bottom line? Employee Presentation 3-00 - p 10

  11. Process • Demystifying the concept • Planning how to make it happen • Making it happen • Reporting Employee Presentation 3-00 - p 11

  12. SDR Misconceptions • About optimising all dimensions of performance and reporting • Similar to existing frameworks et Balanced Scorecard • Terminology traps Employee Presentation 3-00 - p 12

  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 Employee Presentation 3-00 - p 13

  14. Planning how to make it happen Key Performance Areas: Scope/Priorities • Policy • Explicit Objectives • KPIs Employee Presentation 3-00 - p 14

  15. Making it happen • Leadership/informed “buy-in” • Procedures/Behaviours/Value set//Codes of Conduct • Measurement/Benchmarking • Continual improvement Employee Presentation 3-00 - p 15

  16. Reporting • Stakeholders • GRI • AA1000 • Verification Employee Presentation 3-00 - p 16

  17. Challenges • 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 Employee Presentation 3-00 - p 17

  18. Ways 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 Employee Presentation 3-00 - p 18

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