How to push go on the Global Goals

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1 How to push go on the Global Goals

2 YOUR TITLE HERE

3 PUSH GO ON THE GLOBAL GOALS HOW DO THE GOALS TRANSLATE TO BUSINESS? Kate Beddoe

4 THE SUSTAINABLE DEVELOPMENT GOALS 4

5 5 Value of the SDGs

6 Social Discrimination Land Degradation ESTABLISHES KEY ISSUES Lack of Participation Poor Nutrition Income Inequality Child Labour Biodiversity Loss Sustainable Agriculture Access to Education Gender Discrimination Hunger Climate Change Marine Pollution Environmental Degradation Food Security Child and Maternal Morality Access to Clean Water and Sanitation Pollution Related Diseases Ocean Acidification Migrant Workers Basic Literacy Skills Economic Productivity Exclusion Malnutrition Overfishing Extreme Poverty Gender Inequality 6

7 SETS CLEAR AMBITION AND REQUIRES COLLABORATION Disruptive sustainability can move very fast 7

8 COMMON LANGUAGE 8

9 9 Engaging the Board

10 THE DONUT 10

11 GROUP KEY RISKS PROFILE 11

12 BIGGEST MARKET OPPORTUNITIES FROM DELIVERING THE SDGS Most relevant opportunities for Vector Affordable housing Energy efficiency - buildings Electric and hybrid vehicles Autonomous vehicles Building resilient cities Smart metering Public transport in urban areas Municipal water leakage Expansion of renewables Circular models - electronics Energy efficiency nonenergy intensive industries Energy storage systems Energy efficiency energyintensive industries Carbon capture and storage Energy access Better Business Better World, Business and Sustainable Development Commission 12

13 COLMAR 13

14 RANKING THE SDG S - HOW Measure the impact (positive and negative) that Vector has on the goal and map that against the value proposition. This will enable us to see what goals we should focus on, as well as identifying those that can create value. IMPACT VALUE PROPOSITION Operations Products/services Supply Chain Employees Customer Revenue/costs Communities Reputation Investors Share Price Workforce 14

15 IMPACT VS VALUE 15

16 IMPACT regulation, challenge traditional models What are we doing? INDUSTRY, INNOVATION AND INFRASTRUCTURE Build resilient infrastructure, promote inclusive and sustainable industrialisation and foster innovation What more can we do? Who can we collaborate with? Who are the current players? VALUE provision of infrastructure services, long term share price 16

17 INDUSTRY, INNOVATION AND INFRASTRUCTURE Build resilient infrastructure, promote inclusive and sustainable industrialisation and foster innovation Case Study: The Array of Things The Array of Things is an urban sensing project, installing 500 nodes on city streets around Chicago. The nodes will collect real time data on the cities environment, infrastructure and activity such as air quality, climate, traffic, and noise. The data will allow researchers, policymakers, developers and residents to work together and take specific actions that will make their city healthier, safer, more efficient and more liveable. 17

18 VECTOR S SIX PLUS ONE 18

19 19 Alignment of SDGs to business

20 VECTOR FRAMEWORK Aspirational Commitments Innovate and collaborate to solve societal and environmental problems Internal organisation of work programme TELL THE STORY CREATE TRANSFORMATION BE LEADERS EMBED SUSTAINABILITY Guiding Principles KAITIAKITANGA TRANSPARENCY INCLUSIVE INTEGRITY Foundation for globally recognised corporate responsibility Operate in a way that respects fundamental responsibilities in the areas of human rights, labour, the environment and anti-corruption 20

21 OUR FOCUS AREAS ARE: Enable CUSTOMER access to Clean and Affordable Energy Drive sustainable supply chain practices through the ENERGY INDUSTRY INCLUSIVE TRANSPARENCY HERE TO WIN INQUISITIVE Create New Energy Future Improve COMMUNITY resilience PASSIONATE RESILIENT Support the transition to a low carbon WORLD INTEGRITY KAITIAKITANGA 21

22 Our Planet Our Industry Our people and communities Customer 2030 Goals Key Initiatives in FY18 UN SDGs Access to clean and affordable energy TBC Schools education programme TBC TBC TBC Resilient Communities Future Workforce TBC Wellbeing programme Women and Pacifica leadership programmes TBC TBC TBC Sustainable Supply Chain Vector business is net positive by 2030 TBC Net Zero Carbon 22

23 23

24 CONCLUSIONS Value of the Goals Create a shared understanding of the key sustainability issues Provide a basis for business ambition on sustainability Establishes a common language removing jargon and cutting across business, governments and NGOs Engaging with the Board Highlight significant business opportunities that are emerging Requires a deeper analysis of how the addressing the Goals creates value for the business Don t underestimate international/external expertise Aligning to Business Keep in mind the Goals represent an aspirational objectives Balance these with solid foundation of sustainable business practices Start building Goals into relevant documents early 24

25 THANK YOU

26 1. Raise awareness at the appropriate level neral/ceo-guide-to-the-sdgs report.businesscommission.org/

27 2. Stakeholder engagement & materiality Which goal do you think is the most important for New Zealand to be achieving? Rank the Global Goals you think are the most relevant for our company now Rank the Global Goals you think could be the most relevant for our country in 5 years time

28 3. Align strategy and work programmes Focus Strategic objective SDG www. sdgcompass.org/ People Human rights in the value chain Gender equality No Poverty Zero Hunger Planet Protecting Natural capital Climate Action Life below water Life on land Profit Income equality for staff Decent work and economic growth

29 4. SDGs and the value chain

30 5. Communicating your work YOUR TITLE HERE nment/pages/sdg-mapping- Service.aspx integrate dthinking_ and_ integratedreport.pdf

31 Next steps for SBC Future Leaders Programme recommendations on mobilising action YOUR TITLE HERE SDG summit: Partnerships for Agenda rd April 2018, Victoria University, Wellington

32 How will you push go? Which of the options for connecting with the SDGs feels like the most useful for your business right now? 1. Raise awareness at the appropriate level 2. Materiality & stakeholder engagement 3. Align strategy and work programmes 4. SDGs in your value chain 5. Communicate your work What will be your next step to progress this opportunity?

33 Thanks! Kate Alcock: Value Chain Guide: Better Business, Better World: CEOs Guide to SDGs: SDG Compass: