New tools for Reconciliation Jae Mather Executive Director Clean - - PowerPoint PPT Presentation

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New tools for Reconciliation Jae Mather Executive Director Clean - - PowerPoint PPT Presentation

New tools for Reconciliation Jae Mather Executive Director Clean Energy BC Twitter: @jaemather Jae.mather@cleanenergybc.org Clean Energy creates opportunities for First Nations In a time when there is concern regarding the development of


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New tools for Reconciliation Jae Mather Executive Director Clean Energy BC

Twitter: @jaemather Jae.mather@cleanenergybc.org

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Clean Energy creates opportunities for First Nations

  • In a time when there is concern regarding the development of some resource

projects, 98% First Nations are advocating for more partnerships with our sector

  • Clean Energy aligns with the values of First Nations
  • Recent survey identified 30 projects that can deliver 3000 MW for $8.2 Billion
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Social Return on Investment SROI = [Value of benefits] [Investment] Evaluative SROI – based on actual outcomes data to assess the value that has been created Best: When something is already up and running Forecasted SROI – based on projections of what is expected to take place if the objectives of the project/organisation are met Best: When something is in the planning stages

Sustainable Procurement tools

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LM3 stands for Local Multiplier 3. Local: LM3 looks at a specific local economy or set of local economies Multiplier: The multiplier is an economics concept used to denote how much a specific inflow of income into an area then circulates (or multiplies) in that area 3: LM3 measures the multiplier effect of income into a local economy over three 'rounds' of spending. The tool takes into account:

  • Round 1- Any organisation’s turnover or project cost including procurement and employee wages

and other forms of cost

  • Round 2- Where and with whom the company spends that money
  • Round 3 - Where and how suppliers and employees re-spend their incomes
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Why local money flows matter

The local economy looks a lot like a leaky bucket! In communities facing economic disadvantage there are two ways to increase the circulation of money: pour more water into the bucket or find ways to ‘plug the leaks’

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Impact Manager (now a part of LM3)

The Measurement of Sustainable Procurement

  • Specifically commissioned

by a leading UK agency to track procurement impacts across all elements of sustainability (economic, environmental, and social)

  • Then to use the individual

contract data to measure

  • rganisational performance

against key performance indicators

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Impact Predictor

The Measurement of Sustainable Procurement

  • Private and community

sector users can use the tool to demonstrate indicative economic and employment impacts of their approach for the local economy providing a competitive advantage and an evidence base for community benefit

  • By adopting such objective

methodologies can the public sector realistically expect to deliver real value to the communities that they represent

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“We need to change our definition of wealth from what we have to what we have access to”

  • Unknown

“Right is right, even if everyone is against it, and wrong is wrong, even if everyone is for it”

  • William Penn

“The opposite of nature is impossible”

  • Buckminster Fuller

“In a much deeper sense, however, the resistance is valiant, even beautiful. Think of those protestors as the planets immune antibodies, its immune system finally kicking in. Our Earth is running a fever the likes of which no human has ever seen. The time to act is now!”

  • Bill McKibben

Quotes

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Jae Mather Executive Director Clean Energy BC Jae.mather@cleanenergybc.org Twitter: @jaemather Join our CEBC Group on LinkedIn

Thank You