Upload
ethisphere
View
41
Download
1
Embed Size (px)
Citation preview
© 2015 Baker & McKenzie LLP
Building on the Foundation of Ethics and Compliance to Achieve Sustainability
May 27, 2015
© 2015 Baker & McKenzie LLP
Chelsie ChmelaGlobal Events [email protected]
We encourage you to engage during the Q&A portion of today’s webcast by using the chat function located within your viewing experience.
HOST
QUESTIONS
RECORDING The event recording and PowerPoint presentation will be provided post event.
3
© 2015 Baker & McKenzie LLP
4
SPEAKING TODAY
Barb BrownPrincipal & Co-Founder, BrownFlynn
Angela HarrellHead, Voya Foundation and Office of Corporate Responsibility, Voya Financial
Steve LippmanDirector of Corporate Citizenship, Microsoft Corporation
Jim ThomasVP - Sustainability, Safety, Environment, Risk, Ethics & Compliance, Petco Animal Supplies, Inc.
© 2015 BrownFlynn Ltd. All Rights Reserved.
Do Good. Do Well. Win.™
Building on the foundation of ethics and compliance toachieve sustainability
Ethisphere WebinarMay 27, 2015
/ 6© 2015 BrownFlynn Ltd. All Rights Reserved.
Webinar Objective
The foundation of trust within a company begins with ethics and integrity. The objective of this webinar is to:
Discuss expectations for increased transparency within companies and across global supply chains.
Review how leading companies are building upon the foundation of trust to create robust sustainability programs.
Demonstrate the value of a company’s ethics and compliance officers collaborating with their corporate responsibility and sustainability teams.
Our webinar will feature experts who will focus on:
What lessons can sustainability teams learn from ethics and compliance?
What systems and controls are in place that both teams can leverage from one another?
How to identify and mitigate third party risks in your supply chain.
How to outline a clear set of ethical principles for all stakeholders.
/ 7© 2015 BrownFlynn Ltd. All Rights Reserved.
Language
Ethics Corporate ResponsibilityESG
Sustainability Compliance
Trust Values Accountability
Transparency CSR
/ 8© 2015 BrownFlynn Ltd. All Rights Reserved.
The Path to Sustainability
Compliance As Opportunity
Making Value Chains Sustainable
Designing Sustainable Products & Services
Developing New Business Models
Creating Next-Practice Platforms
Source: Why Sustainability Is Now the Key Driver of Innovation; Ram Nidumolu, C.K. Prahalad, and M.R. Rangaswami; HBR September 2009.
© 2015 BrownFlynn Ltd. All Rights Reserved.
Increased Expectations for Transparency & Availability of ESG Data
/ 11© 2015 BrownFlynn Ltd. All Rights Reserved.
Bloomberg
Bloomberg is the leader in global business and financial information, providing decision-makers with data, analytics, news and insight. Founded in 1982 with a suite of products and services for business professionals, the company has since found a niche in government, law, sports, and sustainability.
Bloomberg collects ESG data from published
company material and integrates it into the
Equities, Bloomberg Industries, and Fixed
Income platforms on the Bloomberg
Terminals.
Presently, Bloomberg covers more than
10,000 companies with ESG data and more
than 16,000 companies with executive
compensation data, in 52 countries
ESG data is fully integrated with all of
Bloomberg’s analytics, such as the Equity
Screener (EQS), Portfolio Analytics (PORT),
Relative Value (RV) and Excel-based
analytical models, including their ESG
Scorecard and award-winning Carbon Risk
Valuation Tool.
Source: Bloomberg.com
/ 13© 2015 BrownFlynn Ltd. All Rights Reserved.
Bloomberg Supply Chain Metrics
Number of Suppliers Audited
Number of Supplier Audits Conducted
Number of Supplier Facilities Audited
Audits focused on the management of environmental and social risks. Examples would include working conditions, evidence of child labor, pollution management, etc.
Social Supply Chain Management
Indicates whether the company has implemented any initiatives to reduce the social risks in its
supply chain. Social risks might include poor working conditions, child or forced labor, lack of a
living/fair or minimum wage. “N" indicates the company has not explicitly disclosed any such
efforts.
Sustainability Supplier Guidelines Encompass ESG Area Publically Disclosed
Indicates whether a supplier's guidelines encompass all Environmental, Social, and Governance (ESG) areas, are publicly disclosed.
/ 14© 2015 BrownFlynn Ltd. All Rights Reserved.
Supply Chain Developments
Sustainability Surveys IBM Airbus Kaiser Permanente Siemens Marathon Oil British Telecom Boeing Ingersoll Rand Volvo United States Postal Service Walmart BMW Johnson Controls CR’s Top 10 Best Corporate Citizens 2013
Sustainability Training Nike Puma Apple AT&T, Inc. Mattel Bristol-Myers Squibb Campbell’s Intel
Organizational Structure
20
Legal and Corporate Affairs (General Counsel)
Citizenship and Public
Affairs Group
Litigation, Competition Law,
and Legal Compliance Group
Corporate Law Group
+ many more (HR Legal,
etc.)
Standards of Business Conduct Bridges Citizenship and Compliancewww.microsoft.com/en-us/legal/compliance/program.aspx
21
Confidential
23
Building on the Foundations of Ethics & Compliance to Achieve SustainabilityMay 27, 2015
Jim Thomas VP, Sustainability, Safety, Environment, Risk, Ethics & Compliance
Confidential
24
Petco Corporate Values
Governance
Sustainability/CSR(Company Responsibilities)
Code of Conduct(Employee Responsibilities)
SOCIALHSE ETHICSCOMPLIANCELABOR
Accountability
Confidential
25
Team Organization
VP
VP
Sustainability
Loss Prevention
Ethics & Compliance
Internal Audit
Safety & Environment Risk
Confidential
26
Third Party Challenges
• SEC regulations on conflict minerals• Foreign Corrupt Practices Act (FCPA)• Lacey Act – Cases of Gibson Guitars & Lumber
Liquidators• Investigations by NGOs or news organizations - AP
report on slavery in the fishing industry in Thailand
Big changes are in
transparency & traceability
Confidential
27
Modern Business Leadership
Who you are and
what you stand for
are just as important
as the quality
of your products and services
Ethisphere Webinar: Ethics and Compliance to Achieve Sustainability
Information contained herein is proprietary, confidential and non-public and is not for public release.
Angela D Harrell - Head, Office of Corporate Responsibility27 May 2015
HIGHLY CONFIDENTIAL
Voya Financial Organizational Chart (abbreviated)
30
Chief Executive Officer
Chief Risk OfficerChief Human Resources OfficerChief Legal Officer
Head, Corporate Responsibility Chief Risk Officers, Business LinesChief Compliance and Ethics Officer
HIGHLY CONFIDENTIAL
World’s Most Ethical Companies
"These [World’s Most Ethical] companies use ethics as a means to further define their industry leadership – understanding that creating an ethical culture, and earning the World's Most Ethical Companies recognition, involves more than just an outward-facing message or a handful of senior executives saying the right thing.”
-- Timothy Erblich, Ethisphere Chief Executive Officer
31
Ethisphere’s recognition of our efforts and commitment, for the second consecutive year, strengthens our reputation for excellence:
We continually review our Code of Conduct and Compliance policies. We are committed to maintaining a strong, transparent and ethical culture.
We believe that trust is a cornerstone in operating any company. This is particularly true in financial services.
We work very hard to maintain our strong culture of ethical practices at Voya Financial.
We understand that business ethics are a part of a company’s responsibility to its stakeholders. Our CR approach addresses our responsibility to people, the environment, and to operating our company with principled business practices.
HIGHLY CONFIDENTIAL
Corporate Responsibility Pillars
32
BUSINESS PRACTICES AND PRINCIPLESCorporate values, code of conduct, business principles, policy statements, and responsible product and service development
COMMUNITY INVESTMENTGrants, employee volunteer initiatives, employee giving campaigns, employee matching-gift opportunities, cause-related marketing programs, and disaster relief through the Voya Foundation and other means
MULTICULTURAL AFFAIRSWorkforce diversity initiatives, diverse business partnerships and sponsorships, employee resource groups (ERGs), and supply chain diversity
ENVIRONMENTAL SUSTAINABILITYReducing our ecological footprint (energy, waste, paper, travel and water), engaging employees, and encouraging the greening of the supply chain
/ 34© 2014 BrownFlynn Ltd. All Rights Reserved.
About BrownFlynn
Award-winning corporate responsibility and sustainability consultingfirm founded in January 1996
100% of our business is derived from sustainability consulting, communications, and training services
First U.S.-certified Global Reporting Initiative training organization
Since 2006, BrownFlynn has advised clients on the GRI,producing GRI-based reports and utilizing the framework asa robust management tool
Founding member of U.S. Business Council for Sustainable Development
Extensive experience in guiding regional, national, and global clientson their sustainability journeys
Accredited consultancy partner to CDP
BrownFlynn is registered as a Female Business Enterprise (FBE),Regional Small Business (RSB), and Local Producer Enterprise (LPE)
/ 35© 2015 BrownFlynn Ltd. All Rights Reserved.
Our Expertise
Giving Companies theConfidence to Take Actionthat Delivers Value
Understand Your Landscape
Set Your Direction
Tell Your Story
Engage Your StakeholdersDrive
Value CreationThrough
Sustainability
UnderstandYour Landscape
Discover trends & best practices
Learn reporting frameworks& requirements
Navigate the worldof ratings & rankings
See how you stack upto your peers
Set Your DirectionDefine governance
structure
Identify material issues
Establish vision, goals,strategies, & policies
Create strategic partnerships
Engage YourStakeholdersGather internal &
external stakeholderperspectives & insights
Educate your team& suppliers
Inspire & motivateyour employees
Tell Your StoryDisclose sustainability performance
(GRI, Integrated Reporting, CDP, DJSI, etc.)
Respond accurately to ratings & rankings
Use creative branding, storytelling,& multi-channel communications
/ 36© 2015 BrownFlynn Ltd. All Rights Reserved.
Reporting as a Management ToolOur Approach
1. Discovery Project Launch
Meeting Background (internal) Benchmarking
(external)
2. Strategy and Prioritization Value Chain Mapping Stakeholder
Engagement Leadership Team
Materiality Workshop
3. Define Content Content Outline
and Site Map Theme
Development Design Gather Additional
Data and Stories
4. Develop Content Write Copy and
Manage Edits Continue Design Define Assets
5. Production Development Content Pouring PDF and Summary
Layout Testing and QA Proofing Launch Planning
6. Launch Launch Measure Optimize
/ 37© 2014 BrownFlynn Ltd. All Rights Reserved.
Our GRI Experience
3M Altria Client Services American Electric Power ArcelorMittal Baxter BNY Mellon Bristol-Myers Squibb Campbell Soup Company Carnival ConAgra Foods Consumers Energy Dell Eastman Chemical Eaton Corporation Energizer Fairmount Santrol Forest City Enterprises Fortune Brands
General Motors Georgia-Pacific Green Mountain Coffee Highmark KeyBank Layne Christensen Limited Brands MillerCoors Monsanto Mosaic Pfizer Sodexo Target Tennessee Valley Authority The Dow Chemical
Company ThyssenKrupp Elevator
America Unimin Corporation Waste Management
360ORGANIZATION
STRAINED ON
GRI880INDIVIDUAL
STRAINED ON
GRI31/40
GRI-BASED REPORTS/TOTALSUSTAINABILITY
REPORTS
/ 38© 2015 BrownFlynn Ltd. All Rights Reserved.
Materiality AssessmentIt’s an objective process, involving internal and external stakeholders and research, to verify and prioritize current and potential ESG focus areas, uncover opportunities, and drive strategic conversations around ESG strategy, resource investments, and reporting.
/ 40© 2015 BrownFlynn Ltd. All Rights Reserved.
Communities
Customer C
Customer D
Customer A
Customer ESuppliers
Ratings & Rankings
Contractors
Potential Employees
Customer B
Regulators &
Government Agencies
InvestorsAnalysts
Activists
Proxy Advisors
Municipalities
Rating Agencies
Media
Suppliers
Peers/Industry
Impact Mapping Across the Value Chain
Financial ServicesCompany
/ 41© 2015 BrownFlynn Ltd. All Rights Reserved.
The BrownFlynn Engagement Pathway℠
Stages of Sustainability Employee EngagementAction
Commitment
Connection
Awareness
Strategy
RewardInvolvement
Foster Innovation
Celebrate sustainability
accomplishments
PromoteInteractionand Sense
of Belonging
Make Home-Work Connection
Share BestPractices
Education
Multi-ChannelCommunication
Visual Identity
© 2015 BrownFlynn Ltd. All Rights Reserved.
Do Good. Do Well. Win.™
Thank You
Barbara BrownPrincipal and Co-Founder(216) 303 [email protected]
For more information on BrownFlynn’s services, please visit www.brownflynn.com or contact us below.
© 2015 Baker & McKenzie LLP
This webcast and all future Ethisphere webcasts are available complimentary and on demand for BELA members. BELA members are also offered complimentary registration to Ethisphere’s Global Ethics Summit and other Summits around the world.
For more information on BELA contact:
Laara van Loben SelsSenior Director, Engagement [email protected]
Business Ethics Leadership Alliance (BELA)
© 2015 Baker & McKenzie LLP
Thursday, June 4 at 10:00 a.m. ET
Essential Elements of Global Compliance Programs
All upcoming Ethisphere events can be found at:http://ethisphere.com/events/
PLEASE JOIN US FOR