Edinburgh #SDGRoadshow #MakingGlobalGoalsLocalBusiness - - PowerPoint PPT Presentation

Edinburgh

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#SDGRoadshow #MakingGlobalGoalsLocalBusiness @globalcompactUK @SLA_plc @ScottishEPA

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Edinburgh

Is brought to you by:

#SDGRoadshow #MakingGlobalGoalsLocalBusiness @globalcompactUK @SLA_plc @ScottishEPA

We are part of the world’s largest responsible business initiative connecting UK companies and other

• rganisations in a global

movement dedicated to driving sustainable growth.

Hum uman Righ ights Princ incip iple 1: 1: Businesses should support and respect the protection of internationally proclaimed human rights; and Princ incip iple 2: make sure that they are not complicit in human rights abuses. Labour bour Princ incip iple 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining; Princ incip iple 4: 4: the elimination of all forms of forced and compulsory labour; Princ incip iple 5: 5: the effective abolition of child labour; and Principle 6: the elimination of discrimination in respect of employment and occupation. En Envir viron

• nment

Princ incip iple 7: 7: Businesses should support a precautionary approach to environmental challenges; Princ incip iple 8: 8: undertake initiatives to promote greater environmental responsibility; and Princ incip iple 9: 9: encourage the development and diffusion of environmentally friendly technologies. An Anti-Corrupt ptio ion Pri rincipl iple 10: 10: Businesses should work against corruption in all its forms, including extortion and bribery.

UN GLOBAL COMPACT TEN PRINCIPLES

UN UN Globa Global Compact Comm l Compact Commitment: itment:

1.Operationalise the 10 Principles 2.Report annually on progress 3.Support the wider UN development agenda

SDGs SDGs in the in the UK UK

SDG ROADSHOW 2018 18 EVENTS:

Winc inchester – 12 12 April Belfast – 8 8 May Derby – 5 5 June ne Leeds – 21 21 June ne Lon

• ndon – 28

28 June ne Cardif iff – 5 5 July ly Ed Edinburgh - 17 17 Sep eptember

Com

• ming so

soon:

Live iverpool – 1 1 Octo tober Bir irmingham – 12 12 Octo tober Bri ristol – 6 Nove

• vember

Manc nchester – 22 22 Nove

• vember

Terry erry A’Hearn CEO

Scott ttish Environmental Pro rotectio ion Agency

Today’s Programme:

• 1. What are the SDGs?
• 2. Why should business care about them?
• 3. How can business get involved?

What are the What are the SDGs? SDGs?

Goa Goal 2: l 2: End hunger, achieve food security and

improved nutrition and promote sustainable agriculture

2.1 End hunger and ensure access to food for all 2.2 End all forms of malnutrition 2.3 Double the agricultural productivity and incomes of small-scale food producers 2.4 Ensure sustainable food production systems and implement resilient agricultural practices 2.5 Maintain the genetic diversity of seeds, plants and animals 2.a Increase investment in rural infrastructure, agricultural research, technology and gene banks 2.b Correct and prevent trade restrictions and distortions in world agricultural markets including eliminating export subsidies 2.c Ensure proper functioning of food commodity market and access to information to limit extreme food price volatility

SDG SDG Performa erformance nce Indicators Indicators

• There are 232 official SDG indicators;
• Indicators are classified into 3 tiers:
• Tier 1: clear & established methodology, data regularly

produced by at least 50% of countries;

• Tier 2: clear & established methodology, but data are

not regularly produced;

• Tier 3: no established methodology.

Interconnected Interconnectednes ness

Tracking acking progres progress s in the UK in the UK

• The ONS has developed a national reporting platform to

track progress on the SDGs in the UK: ht http tps:/ ://susta tainabledevelopment-uk.g .gith thub.io .io/

• 44% of SDGs’ global indicators are currently reported on.

htt https://www.u .ukssd.co.uk

Edinburgh

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#SDGRoadshow #MakingGlobalGoalsLocalBusiness @globalcompactUK @SLA_plc @ScottishEPA

Why care abou Why care about t the S the SDGs? DGs?

The goals can only be achieved with the support of governments, businesses, and individuals

Businesses have the scale and agility to make the greatest impact

“Without goals, and plans to reach them, you are like a ship that sets sail with no destination”

• Fitzhugh Dodson

EMBRACING THE GLOBAL GOALS COULD GENERATE US$ 12 TRILLION OF NEW BUSINESS VALUE A YEAR

• EQUIVALENT TO 10%

OF GLOBAL GDP FORECAST BY 2030

Source: Business & Sustainable Development Commission

90% 78% 76% 71%

• f people believe it is

important that businesses support the goals are more likely to buy from companies that support the goals

• f millennials consider a

company’s sustainability commitments when deciding where to work

• f companies are

planning action to support the goals

Edinburgh

Is brought to you by:

#SDGRoadshow #MakingGlobalGoalsLocalBusiness @globalcompactUK @SLA_plc @ScottishEPA

Sandy MacD Sandy MacDonald

• nald

Head of Corporate Sustainability, Standard Life ife Aberdeen

UN Sustainable Development Goals Creating Common Purpose

Sandy MacDonald, Head of Corporate Sustainability

@sla_sandymac

19/09/2018 | 32

Corporate Sustainability “The public expectations of your company have never been

• greater. Society is demanding that companies, both public

and private, serve a social purpose. To prosper over time, every company must not only deliver financial performance, but also show how it makes a positive contribution to society.”

Larry Fink, CEO BlackRock

“A business approach that creates long-term shareholder value by embracing

• pportunities and managing risks deriving

from economic, environmental and social developments.”

Dow Jones Sustainability Indexes, definition of corporate sustainability

19/09/2018 | 33

UN Sustainable Development Goals

19/09/2018 | 34

• Global investment company
• 6000 employees
• 46 locations worldwide
• £610bn* of assets worldwide

*At 30 June 2018

Our business

| 35

To invest for a better future

We do it to make a difference. To our clients, the lives of our customers, our people and our shareholders

Purpose

| 36

Well positioned for Global trends shaping the investment landscape

• Use of technology enhancing efficiency of operations
• Digitalisation improving service and proximity to clients
• Rise of quant, algorithmic investing, use of big data and AI
• Client preference for owning their own assets rather than relying
• n corporate balance sheets
• Increased need for simplicity and transparency of fees
• Importance of ESG factors and creating positive societal impact

Democratisation of financial risk Rebuilding trust in financial services Innovation, technology and digitalisation Slow growth, low inflation, compressed return environment Individuals taking more responsibility for their financial futures Low trust driving greater need for transparency and fee simplicity Technology increasingly a crucial differentiator to manage risk and client service Environment creating enhanced uncertainty and changing client needs Impact

• Meeting needs of retail customers including simpler products

and guidance/advice

• Support evolving client needs – e.g. ageing populations, shift

from DB to DC Opportunities

• Provide investment solutions that deliver specific outcomes to

meet client needs

• Increased focus on alternatives and private markets

| 37

Generational trends

“To what extent, if at all, do you agree or disagree with the following statements?”

➢ Source: Standard Life Investments You Gov poll 2015

18-24 25-34 35-44 45-54 55+ I want to invest my money in / with companies that achieve positive social outcomes 58% 42% 45% 34% 27% I want to invest my money in ways that minimises any environmental damage 51% 47% 49% 41% 38% I think companies that follow sustainable business practices are more competitive / profitable than companies than don't focus on these issues 44% 30% 29% 21% 22% I would actively choose to invest in companies that target specific, positive environmental

• utcomes

42% 40% 39% 32% 22% I want my investments (including my pension) to help make a positive difference to the world 50% 40% 38% 35% 31% I am more concerned in investing in a company that provides high returns on investment rather than social/environmental issues 39% 35% 48% 43% 45%

49% 40% 40% 33% 28% Positive correlation between positive values and youth

| 38

https://www.youtube.com/watch?v=tsrfqpmjG10

Impact Investing

Increasing global recognition of the need to commit mainstream capital towards impact goals:

“The U.N. Sustainable Development Goals offer a capital call to the world” Amit Bouri, CEO, Global Impact Investor Network (GIIN)

| 39

Impact Investing framework

UN 2030 Agenda for Sustainable Development

UN 17 SDGs

Key Performance Indicators Annual Impact Report

8 impact pillars measured

Circular Economy Sustainable Energy Food & Agriculture Water & Sanitation Health & Social Care Financial Inclusion Sustainable Real Estate Education & Employment

3 challenges to address

• Climate change
• Reduce inequalities
• Unsustainable production and consumption

| 40

UN Sustainable Development Goal 8

| 41

The Road to Better Futures

| 42

| 43

UN Sustainable Development Goals

Asset Managers Corporates Philanthropists Private Equity Governments Regulators NGOs Charities

DOT VOTING

Finding positions of strength

PWC has found that globally business and citizens’ priorities are misaligned

… and also in the UK

KEY QUESTIONS:

RULES:

• Stic

tick you

• ur vot

votes (d (dot stic stickers) on

• n the

the pos

• sters of
• f

you

• ur cho

hoic ice. Wha hat Goa

• als

s sh should the the public ic sec sector pri rioriti tise in in Scotl tland? (w (whit ite dot

• ts)

Wha hat Goa

• als

s sh should the the pri rivate sec sector pri riorit itis ise in in Scot

• tland?

(b (black dot

• ts)

Edinburgh

Is brought to you by:

#SDGRoadshow #MakingGlobalGoalsLocalBusiness @globalcompactUK @SLA_plc @ScottishEPA

Panel Discussion Panel Discussion

Mic Michael l Alexander, Head of Water, Environment, Agriculture Sustainability, Diageo Ju Julia lia Adamson, Corporate Responsibility Consultant, Cairn Energy Sa Sara rah Norr

• rris, Investment Director, Aberdeen Standard Investments

Pau Paul l Br Bradle ley, Project Manager, Open Government Pioneers Project and Scotland's SDGs Network And ndre rew Nelson, Quality and Environmental Manager, Superglass Steve Kenz nzie ie, Executive Director, Global Compact Network UK

Cair irn Energy PLC

Making Global Goals Local Business

• Edinburgh

17 September 2018

Cairn’s Portfolio

Exploration

Cairn Energy PLC, September 2018

51

Norway UK Ireland Senegal Cote d’Ivoire Suriname Mexico Mauritania

Working towards the SDGs in Senegal

Sustainable Development Goals (SDGs)

Cairn Energy PLC, September 2018

52

SDGs Programmes

➢ Community Investment in Rural and Coastal Villages through The Hunger Project ➢ English Language Training ➢ Supporting tertiary education initiative towards skills for the oil and gas sector and engineering ➢ Local employees ➢ Local Supply Chain ➢ Promoting health and safety and respect for human rights in the workplace ➢ Access to energy ➢ Payments to government (EITI) ➢ Promoting high standards of governance, through commitment to the UNGC and participation in the EITI

Panel Discussion Panel Discussion

Mic Michael l Alexander, Head of Water, Environment, Agriculture Sustainability, Diageo Ju Julia lia Adamson, Corporate Responsibility Consultant, Cairn Energy Sa Sara rah Norr

• rris, Investment Director, Aberdeen Standard Investments

Pau Paul l Br Bradle ley, Project Manager, Open Government Pioneers Project and Scotland's SDGs Network And ndre rew Nelson, Quality and Environmental Manager, Superglass Steve Kenz nzie ie, Executive Director, Global Compact Network UK

Edinburgh

Is brought to you by:

#SDGRoadshow #MakingGlobalGoalsLocalBusiness @globalcompactUK @SLA_plc @ScottishEPA

How can How can business business get get involve involved? d?

Identify

Identify and prioritise the goals that are most relevant to your business and stakeholders

Share

Communicate your support for the goals using insightful data and inspiring stories to show how you are making the world a better place

Commit

Create measurable commitments that set out exactly how your business will contribute to the goals

Measure

Measure your contribution to the goals using environmental and social data to quantify progress

A framework for businesses to support the goals

Products

Considering the goals in your products and services can improve your brand, impress your customers, and identify new revenue

• pportunities

Operations

Build a culture of supporting the goals throughout your business, with processes and policies to ensure repeatable performance

Businesses need to take action in three areas

Supply Chain

Communicate your support for the goals to your suppliers, and ensure their standards, products and services uphold your vision

SDG Matrix

• Developed by UNGC and KPMG.
• Showcase industry-specific examples

and ideas for corporate action on the SDGs.

• Good practice principles and initiatives;

Certification schemes; Multi- stakeholder partnerships.

• 7 publications:
• Financial Services
• Food, Beverage, & Consumer Goods
• Climate Extract
• Healthcare & Life Sciences
• Industrial Manufacturing
• Transportation
• Energy, Natural Resources, Chemicals

SDG Matrices SDG Matrices

https://www.unglobalcompact.org/library/3111

BL BLUE UEPR PRINT INT FOR OR BUSI BUSINE NESS S LEADE LEADERSHI RSHIP O P ON THE SDGs N THE SDGs

https://www.unglobalcompact.org/docs/publications/Blueprint-for-Business-Leadership-on-the-SDGs.pdf

BUSINE BUSINESS RE S REPOR PORTING TING ON ON THE THE SDGs SDGs

https://www.unglobalcompact.org/docs/publications/GRI_UNGC_SDG_Reporting_An_Analysis_of_Goals_and_Targets_2017.pdf https://www.unglobalcompact.org/docs/publications/Practical_Guide_SDG_Reporting.pdf

SDG PIONEER

https://www.unglobalcompact.org/sdgs/sdgpioneers

SDGs in Action App

https://sdgsinaction.com/

WWW.SUPPORTTHEGOALS.ORG

WWW.SUPPORTTHEGOALS.ORG

Support the Goals is a free initiative to celebrate businesses that support the goals

Share your stories alongside other progressive and inspirational brands List your business as a leading organisation that supports Global Goals

WWW.SUPPORTTHEGOALS.ORG

WWW.SUPPORTTHEGOALS.ORG

Postcards and Pins

Edinburgh

Is brought to you by:

#SDGRoadshow #MakingGlobalGoalsLocalBusiness @globalcompactUK @SLA_plc @ScottishEPA