Post on 06-Aug-2015
Hållbarhet ur ett styrelseperspektiv
Styrelsekraft
KPMG Sustainability ConsultingDaniel Dellham
Göteborg, 16 jan 2015
2© 2014 KPMG AB, a Swedish limited liability company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.
Kort om KPMG Sustainability services
Global räckvidd och kompetens - lokal kännedom
KPMG Advisory■ Majority of
Fortune 500 companies as clients
■ > 2000 professionals
KPMG International■ Audit, Tax &
Advisory ■ >156,000
people■ >156 countries
Global Climate Change & Sustainability■ >500
professionals■ >50 countries
Swedish Sustainability Services■ >11 professionals
3© 2014 KPMG AB, a Swedish limited liability company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.
Kort om KPMG Sustainability services
Vårt erbjudande
Rådgivning och Redovisning/Granskning
Strategiutveckling, mål och KPIer Organisationsutveckling Effektmätning och resultatpåverkan
Intressentdialog / materialitetsanalys Styrning och policies/uppförandekoder Integrerad rapportering (IIRC)
Riskanalyser och möjlighetsanalys Ledningssystem (ISO) Hållbarhetsredovisning (GRI)
Benchmarking / mognadsgrad Ansvarsfulla inköp Rapporteringssystem
ESG Due Diligence Utbildning / lednings WS / dilemman Granskning hållbarhetsredovisning
True Value analys Infrastruktur och smarta städer
Ansvarsfull skatt Leverantörsgranskning
4© 2014 KPMG International Cooperative ("KPMG International"), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. KPMG and the KPMG logo are registered trademarks of KPMG International, a Swiss cooperative.
Agenda
Vad är hållbarhet och varför är det affärskritiskt
Vad är styrelsens ansvar
5© 2014 KPMG International Cooperative ("KPMG International"), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. KPMG and the KPMG logo are registered trademarks of KPMG International, a Swiss cooperative.
Vad?
© 2014 KPMG AB, a Swedish limited liability company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. 6
Hållbarhetsområdet innebär att företag tar ekonomiskt, socialt och miljömässigt ansvar, olika internationella standarder styr på olika nivåer
Global Development Goals
Business & organizational policy
Investors & Asset owner policy
The eight Millennium Development Goals (MDGs) form a blueprint agreed to by all the world’s countries and all the world’s leading development institutions. New Sustainable Development Goals (SDGs) will replace MDGs in 2016.
The UN Global Compact (UNGC) is a strategic policy initiative for businesses that are committed to aligning their operations and strategies with ten universally accepted principles in the areas of human rights, labour, environment and anti-corruption.
The United Nations-supported Principles for Responsible Investment (PRI) Initiative is an international network of investors working together to put the six Principles for Responsible Investment into practice.
The Equator Principles (EP) is a risk management framework, adopted by financial institutions, for determining, assessing and managing environmental and social risk in projects. The EP are applicable to high income OECD countries where legislation is deemed acceptable. In countries outside high income OECD, IFCs Performance Standards are applicable and used.
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© 2014 KPMG AB, a Swedish limited liability company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. 7
Ett oansvarigt agerande kan straffa sig…
© 2014 KPMG AB, a Swedish limited liability company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. 8
Ett oansvarigt agerande kan straffa sig…
© 2014 KPMG AB, a Swedish limited liability company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. 9
Formal - Institutionalized
Semi-formal - Emerging
New Expectations - Latent
Semi-formal - Established
Internalisering av externaliteter är ingenting nytt
1990
Human Rights
?Next big
issue
1970
Environment
2000
Responsible Tax
Corruption & Bribery
1990
Soci
eta
l expect
ati
ons
of
a fi
rm ;
Soci
al an
d a
ctual lic
en
se t
o o
pera
te
© 2014 KPMG AB, a Swedish limited liability company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. 10
Formal - Institutionalized
Semi-formal - Emerging
New Expectations - Latent
Semi-formal - Established
Today
Today
Today
Today
Internalisering av externaliteter är ingenting nytt
?Next big
issue
Soci
eta
l expect
ati
ons
of
a fi
rm ;
Soci
al an
d a
ctual lic
en
se t
o o
pera
te
Environment
Corruption & Bribery
Human Rights
Responsible Tax
© 2014 KPMG AB, a Swedish limited liability company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. 11
Regulations & Standards
■ New laws
■ Product standards
■ Pricing
■ Subsidies
■ Taxes
■ Disclosure regulations
■ Certification standards
Stakeholder Action
■ Labour strikes
■ Loss of license to operate
■ NGO criticism
■ Consumer pressure
■ Terminated contracts with suppliers
Market Dynamics
■ Scarcity and pricing
■ Extreme weather
■ New markets
Tre drivkrafter ökar takten av internalisering
12© 2014 KPMG International Cooperative ("KPMG International"), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. KPMG and the KPMG logo are registered trademarks of KPMG International, a Swiss cooperative.
(I) Hållbarhet ur ett styrelseperspektiv
… men de potentiella kostnaderna är höga
40% av resultatet i genomsnitt utgörs av miljökostnader
13© 2014 KPMG International Cooperative ("KPMG International"), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. KPMG and the KPMG logo are registered trademarks of KPMG International, a Swiss cooperative.
(I) Hållbarhet ur ett styrelseperspektiv
… och måste därför fullt integreras i affärsstrategi och långsiktig målsättning.
SUST. STRATEGY
BUSINESS STRATEG
Y
SUST.STRATEGY
BUSINESS
STRATEGY
FINANCE
MARKETIN
G
SALESCO
MMS
HR
AFTER
SALES
PURCHASING
FINANCE
MARKETING
SALES
COMMS
HR
AFTER SALES
PURCHASING
Från …. …. till
SUSTAINABILITY – ONE ASPECT OF OUR BUSINESS STRATEGY, NOT INTEGRATED
SUSTAINABILITY – A CENTRAL ORGANISING PRINCIPLE DRIVING PERFORMANCE, CUSTOMER VALUE, INNOVATION, CULTURE, EXPERIENCE AND ACTION
14© 2014 KPMG International Cooperative ("KPMG International"), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. KPMG and the KPMG logo are registered trademarks of KPMG International, a Swiss cooperative.
(I) Hållbarhet ur ett styrelseperspektiv
Det börjar med styrelsen…
a
b
Källa: ”Joining Forces: Collaboration and Leadership for Sustainability”, (MIT Sloan Management Review, Jan 2015)
15© 2014 KPMG International Cooperative ("KPMG International"), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. KPMG and the KPMG logo are registered trademarks of KPMG International, a Swiss cooperative.
(I) Hållbarhet ur ett styrelseperspektiv
… och när det gör det så ökar chansen för ett ramgångsfullt hållbarhetsarbete…
Källa: Joining Forces: Collaboration and Leadership for Sustainability”, (MIT Sloan Management Review, Jan 2015)
c
d
16© 2014 KPMG International Cooperative ("KPMG International"), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. KPMG and the KPMG logo are registered trademarks of KPMG International, a Swiss cooperative.
Agenda
Vad är hållbarhet och varför är det affärskritiskt
Vad är styrelsens ansvar
17© 2014 KPMG LLP, a UK limited liability partnership, is a subsidiary of KPMG Europe LLP and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative, a Swiss entity. All rights reserved.
Styrelsens ansvar
Ansvarig i ledningen, styrsystem och compliance med externa initiativ (Global Compact, PRI, OECD:s riktlinjer mm)
Hur styra och kontrollera?
Hållbarhets Due DiligenceRisker vid förvärv och i leverantörsledet
Innovation och affärsutvecklingHur påverkas affär
och hur skapas värde?
Hur ska vi redovisa resultat?
GRI och Integrerad rapportering
Väsentlighetsanalys, mognadsgradsanalys och extern benchmarking
Gör vi rätt saker och hur ligger vi till?
18© 2014 KPMG International Cooperative ("KPMG International"), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. KPMG and the KPMG logo are registered trademarks of KPMG International, a Swiss cooperative.
Hur långt har ditt företag kommit - mognadsgraden bland företag skiljer sig åt, därmed också värdeskapandet
Tid
2. Compliance +
3. Kärnkompetens / integrering
4. Innovativt ledarskap
5. Nya affärsmodeller
1. Följer lagen
Vär
desk
apan
de
ILLUSTRATIVE
?
Följer lagen
Reaktivt arbete
Basnivå
Medel till mycket hög risk
Låg transparens
Inte värdeskapande
Mer än lagen kräver
Eldsjälar driver
Litet intressentperspektiv
1-2 fokusområden (ESG)
Medel till hög risk
Kan vara värdeskapande
Strategiskt
Roller och ansvar
Väsentlighetsanalys och intressentdialog
Hela hållbarhets-området
Medel risk
Utbildar för innovation
Strategisk och visionär
Framtidsscenarios
Multi-intressentdialog och partnerskap – risk/möjlighet
Produkter och tjänster som löser problem - RoI
Del av kulturen
Tillväxt utan negativ påverkan – Triple Bottom Line
Nya affärsmodeller
Systemtänkande – cirkulära modeller
Innovation på ett sätt som marknaden inte väntat sig
Mognadsgrad
19© 2014 KPMG LLP, a UK limited liability partnership, is a subsidiary of KPMG Europe LLP and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative, a Swiss entity. All rights reserved.
Defining materiality is an analytical process that involves three main questions:
High
Hig
h
Low
Human Rights
HealthCorruption & bribery
Diversity
Pollution
Does it have a social, economic, or
environmental impact on the company's
value chain? Do you have an overview of your
value chain?
Is it of strategic relevance to the
business?
How important is it to your
stakeholders? Who are your
stakeholders? What do they
think?
Det är centralt att kartlägga väsentliga frågor ur ett affärs- och ett intressentperspektiv
Väsentlighet
20© 2013 KPMG AB, a Swedish limited liability company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.
Vem är ansvarig på styrelsenivå, hur säkerställs compliance?Ramverk för intern styrning och kontroll
Compliance
© 2014 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. . Printed in the Netherlands. The KPMG name, logo and ‘cutting through complexity’ are registered trademarks of KPMG International.
21
True value™ - en metodik för att kvantifiera ett företags “verkliga värde”
Värdeskapande
© 2014 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. . Printed in the Netherlands. The KPMG name, logo and ‘cutting through complexity’ are registered trademarks of KPMG International.
22
Och förstå framtida intäkter som riskeras och investeringsberäkningar
Based on scenario’s, assess likelihood of internalization and risk to earnings.
Assess effects on operating margin and calculate net Present Value of investment needs. Assess the opportunities.
Key externalities prioritized by likelihood of internalization
Värdeskapande
23© 2014 KPMG International Cooperative ("KPMG International"), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. KPMG and the KPMG logo are registered trademarks of KPMG International, a Swiss cooperative.
Hållbarhets Due Diligence – analys av materiella risker och möjligheter vid förvärv och leverantörsgranskning
COUNTRYANALYSIS SECTORANALYSIS BUSINESSANALYSIS RECOMMENDATION
Climate Change Resource scarcity Population growth Urbanization
Wealth creation Corruption Human Rights Innovation
Global mega forces
Analysis key-country issues
Opportunities
Risks
Analysis key- sector issues
Opportunities
Risks
Identifyingmaterial businessissues
Opportunities
Risks
Analysis maturity level regarding governance and approach to key Issues:
Issue mapping Financial
consequences Stakeholder dialogue Strategy Goals and KPI’s Integration Follow-up Transparency
The findings should be reviewed in the context of their impact to the transaction drivers and assumptions
Ensuring that all the business impacts originally identified have been considered
Step 1 – Initial screening Step 2 – Company review
Vilka är de materiella riskerna och vari ligger möjligheterna? Land, sektor och företagsnivå Hur långt har företaget nått i sitt ansvarsarbete - mognadsgradsanalys
Granskning (M&A och
leverantörer)
24© 2014 KPMG International Cooperative ("KPMG International"), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. KPMG and the KPMG logo are registered trademarks of KPMG International, a Swiss cooperative.
Analys och förståelse för en potentiell partners hållbarhetsarbete – är detta en aktör vi vill förknippas med?
EXEMPEL
ESG areaLess mature
More mature
Governance, controls and monitoring
Human rights
Labour rights
Corruption
Environment
Peer2 Peer3
Level 1 Level 2 Level 3Maturity level
Peer1IP Company1
P
P
P
P
P
High
Hig
hL
ow
Low
Ease of implementation
Op
po
rtu
nit
ies
fo
r v
alu
e c
rea
tio
n(a
)
6
7
9
1
23
4
5
Value creation opportunity matrix
Low hanging fruits, with moderate to considerable RoI. Good platforms for realizing ESG opportunities long term.
The business imperative. Product development and integration into the business strategy will create value long term (given a focus on material issues).
A brand differentiator, will help attract talent and customers. With potential to feed also product innovation long term.
8
Benchmark
Granskning (M&A och
leverantörer)
25© 2013 KPMG AB, a Swedish limited liability company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. Sustainable firm of the year 2012 and 2013.
Ökade krav på icke-finansiell rapportering
Global hållbarhetsredovisningsstandard : Global Reporting Initiative (GRI) – ny version G4. Senast för redovisningar avseende 2015.
Europeiska kommissionen förslag till direktiv om redovisning av icke-finansiell och mångfaldsinformation. Trolig tillämpning i svensk lagstiftning från och med 2016.
Ca 50 svenska bolag med statligt ägande (ex. Vattenfall, LKAB, TeliaSonera) ska publicera årlig hållbarhetsredovisning enligt GRI.
Uttalat önskemål om integrerat arbetssätt, kan innebära att års- och hållbarhetsredovisningarna ska vara integrerade
Affärsmodellen central i ägarens syn på hållbarhet
Rapportering
26© 2013 KPMG AB, a Swedish limited liability company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. Sustainable firm of the year 2012 and 2013.
En hållbarhetsredovisning enligt GRI Rapportering
27© 2013 KPMG AB, a Swedish limited liability company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. Sustainable firm of the year 2012 and 2013.
Vägledande principer och innehåll
Rapportens innehåll
1. Strategiskt fokus
2. Intressentfokus
3. Framtidsorienterad
4. Samband extern kontext
5. Kärnfull, trovärdig och relevant
Principer
Finansiellt – Tillverkat – Intellektuellt – Personellt – Socialt/Relation – Natur
Styrning & kontroll
Organisation & omvärld
Strategi & resursallokering
Resultat
Risker & Möjligheter
Framtidsutsikter
Affä
rsm
odel
l
Rapportering
28© 2014 KPMG International Cooperative ("KPMG International"), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. KPMG and the KPMG logo are registered trademarks of KPMG International, a Swiss cooperative.
Vad måste du ha koll på?
Vilka risker är ditt företag exponerat för?
Har styrelsen kunskap om hur företaget påverkas på lång sikt?
Har ni rätt mål och mätetal på plats?
Är hållbarhet integrerat i era kärnprocesser och har
organisationen rätt verktyg för att kunna styra effektivt?
Har ni policys och instruktioner som styr ert bredare ansvar
(hållbarhet, miljö, samhälle, etik mm)?
Hur ser er styrning och rapportering av icke-finansiell data ut?
29© 2013 KPMG AB, a Swedish limited liability company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.
Frågor