Overview What is driving change? How are organisations responding? Challenges/Way Forward 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 Technology Pace of change/communications DRIVERS Globalisation Power / Expectations of consumer / civil society Greater threats and opportunities Environmental and social burdens / degradation Organisational Performance “Licence to operate” RESPONSE “Value” shift - more than financial gain Focus on Risk Management Reputation Operational Looking for win/win activities and Partnerships (innovation, diversity) Book Value Market value • Reputation • Market Perceptions (Shareprice x No shares) What opportunities do we have for improving our environmental and social performance and contributing positively to our financial bottom line? Process Demystifying the concept Planning how to make it happen Making it happen Reporting SDR Misconceptions About optimising all dimensions of performance and reporting Similar to existing frameworks et Balanced Scorecard Terminology traps 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 Planning how to make it happen Key Performance Areas: Scope/Priorities Policy Explicit Objectives KPIs Making it happen Leadership/informed “buy-in” Procedures/Behaviours/Value set//Codes of Conduct Measurement/Benchmarking Continual improvement Reporting Stakeholders GRI AA1000 Verification 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 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
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