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PricewaterhouseCoopers LLP Aliumni Seminar Nov 2007 Page 1 Corporate Social Responsibility Canadian Association of Movers December 3, 2007 Peter Johnson.

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Presentation on theme: "PricewaterhouseCoopers LLP Aliumni Seminar Nov 2007 Page 1 Corporate Social Responsibility Canadian Association of Movers December 3, 2007 Peter Johnson."— Presentation transcript:

1 PricewaterhouseCoopers LLP Aliumni Seminar Nov 2007 Page 1 Corporate Social Responsibility Canadian Association of Movers December 3, 2007 Peter Johnson

2 PricewaterhouseCoopers LLP 5/3/2015Aliumni Seminar Nov 2007 Page 2 The world out there is changing……….. Literally………….

3 PricewaterhouseCoopers LLP 5/3/2015Aliumni Seminar Nov 2007 Page 3 Not long ago climate change was a debate..… Today it is all around us.

4 PricewaterhouseCoopers LLP 5/3/2015Aliumni Seminar Nov 2007 Page 4 Sustainable Business Solutions

5 PricewaterhouseCoopers LLP 5/3/2015Aliumni Seminar Nov 2007 Page 5 Sustainable Business Solutions

6 PricewaterhouseCoopers LLP 5/3/2015Aliumni Seminar Nov 2007 Page 6 Sustainable Business Solutions

7 PricewaterhouseCoopers LLP 5/3/2015Aliumni Seminar Nov 2007 Page 7 Sustainable Business Solutions “Air pollution kills hundreds each year” – Toronto Medical Officer of Heath November 5, 2007

8 PricewaterhouseCoopers LLP Aliumni Seminar Nov 2007 Page 8 Understanding Sustainability and Corporate Responsibility The management (including reporting) of non-financial issues and activities is becoming a proxy for evaluating the overall performance and ability of a company.

9 PricewaterhouseCoopers LLP Aliumni Seminar Nov 2007 Page 9 “Every product, brand, company and service will soon be telling a story - and they all need to be good.” Based on the Kingfisher, CSR Report Understanding Sustainability and Corporate Responsibility

10 PricewaterhouseCoopers LLP 5/3/2015Aliumni Seminar Nov 2007 Page 10 Client Issue: The world is changing As the world changes…… so does the way our clients do business: What their business is How they undertake their business

11 PricewaterhouseCoopers LLP 5/3/2015Aliumni Seminar Nov 2007 Page 11 Client Issue: What are the sustainability topics? ProfitPlanetPeople Revenue Growth Cost Management Profits Risk Management Reputation / Brand Value Environmental Footprint Climate Change and Carbon Management Power Demand and Conservation Supply Chain Transparency Social Footprint Diversity Outsourcing / Offshoring Labour Relations

12 PricewaterhouseCoopers LLP Aliumni Seminar Nov 2007 Page 12 Who Put These Issues on the Agenda? EMPLOYEES CONSUMERS / CLIENTS / CUSTOMERS CEOs BOARD OF DIRECTORS LEGAL DEPARTMENT COMMUNICATIONS DEPARTMENT SHAREHOLDERS / INVESTORS NGOs, SPECIAL INTEREST GROUPS & ACTIVISTS GOVERNMENT MEDIA BUSINESS PARTNERS COMMUNITY (DOMESTIC or FOREIGN) Profit – Planet – People Both external and internal stakeholders are applying pressure on companies to raise the profile of the sustainability through corporate social responsibility or triple bottom line.

13 PricewaterhouseCoopers LLP Aliumni Seminar Nov 2007 Page 13 Change Agents are Well Funded and Organized Canada Occupational Health and Safety Regulations (SOR/86-304) NGOs ACTIVISTS CONSUMERS ACTIVIST SHAREHOLDERS Suzuki confronts environment minister over green plan - CBC News, April 2007 Bono teams up with Amex, Gap for Product Red - Forbes, 2006 Class action suit filed against Menu foods Pet owners say the company made and distributed dog and cat food that may have endangered their pets. - The Globe and Mail, March 2007 CELEBRITY / ENTERTAINMENT “Last month, Health Canada issued new recommendations for fish consumption, due to rising levels of mercury that has made its way into the food chain.” CP, April 2007 ACADEMIA REGULATORS Concerns raised over mercury in energy- efficient light bulbs "Along with a general policy to increase the use of compact fluorescent (light bulbs), which is a reasonably happy idea for the environment, it's also necessary to think about ways of promoting the capture and recycling of those," said Ron Pushchak, a professor with Ryerson University's School of Occupational Health and Safety.” - CP, April 2007 Sisters on a Mission at Coke “The Benedictine Sisters at a Texas monastery want more influence over executive compensation at the beverage giant.” - Businessweek, April 2007 “…tax credit for companies that donate pharmaceuticals to developing countries.” - McLean’s, March 2007 Crow starts global warming tour - BBC, 2007 $25 Million Offered In Climate Challenge – Tycoon Hopes to Spur Milestone Research - The Washington Post, February 2007 With a total of sixty delegates and 1,000 national staff, Afghanistan remains one of the ICRC 's biggest operations worldwide. GOVERNMENT “…’global warming hysteria’, physicist Richard Lindzen claims…” The National Post, April 2007 Canada to ban incandescent light bulbs by 2012 Canada will ban the sale of inefficient incandescent light bulbs by 2012 as part of a plan to cut down on emissions of greenhouse gases, Natural Resources Minister Gary Lunn said on Wednesday. - Reuters, April 2007 Al Gore says Tories' green plan a 'fraud' Former U.S. vice-president blasts Conservative environmental platform as 'complete and total fraud designed to mislead the Canadian public.' - The Globe and Mail, April 2007 Green plan's cost pegged at $8-billion a year Environment Minister defends price hikes on cars and appliances as necessary sacrifices. - The Globe and Mail, April 2007 “The House of Commons has overwhelmingly rejected an NDP motion calling for an immediate end to Canada's combat mission in Afghanistan.” - The Globe and Mail, April 2007

14 PricewaterhouseCoopers LLP Aliumni Seminar Nov 2007 Page 14 Understanding how a company can be viewed Risks of not knowing or being prepared

15 PricewaterhouseCoopers LLP 5/3/2015Aliumni Seminar Nov 2007 Page 15 Client Issue: A Sustainable Business Economic + Environmental + Social = A Sustainable Business

16 PricewaterhouseCoopers LLP Aliumni Seminar Nov 2007 Page 16 Corporate Responsibility A mainstream management paradigm. Drives the integration of environmental and social aspects into traditional economic-based business management. Applicable to all sectors and all sizes of companies. Applicable to all stages of a company – start-up, growth, expansion, consolidation, acquisition, down-sizing, closure.

17 PricewaterhouseCoopers LLP Aliumni Seminar Nov 2007 Page 17 Some CR Myths CR is only for “big” business CR is only for companies that source from overseas CR is all about how much you give to charity CR is going to change the way I do business My products don’t hurt people or the environment, we don’t need CR Does anyone really care? CR is the “flavour of the month”

18 PricewaterhouseCoopers LLP Aliumni Seminar Nov 2007 Page 18 Corporate Responsibility – What Companies Need to Know The topic of the environment and sustainability cannot be ignored. How sustainable is your company? -operations, products, services, customers, etc. How do you assure long-term value? How well do you know your supporters and critics? Do your risk assessments look at non-financial risks? Does you company have a “sustainability advantage”? Has CR been on your leadership meeting agendas?

19 PricewaterhouseCoopers LLP Aliumni Seminar Nov 2007 Page 19 Corporate Responsibility – What Companies Need to Do Give the topic some leadership attention Review your operations, supply chains, products and services from a sustainability perspective Energy and carbon are your first priorities ! Establish a position and a plan appropriate to your company Be proactive, prepare for questions and promote what you have done and are doing to all stakeholders View sustainability as an opportunity, an advantage, not as a burden Embrace the topic – it is not going away….

20 PricewaterhouseCoopers LLP Aliumni Seminar Nov 2007 Page 20 “Every product, brand, company and service will soon be telling a story - and they all need to be good.” Based on the Kingfisher, CSR Report Understanding Sustainability and Corporate Social Responsibility

21 PricewaterhouseCoopers LLP Aliumni Seminar Nov 2007 Page 21 Contact information Mike Harris Peter Johnson

22 © 2007 PricewaterhouseCoopers LLP. All rights reserved. “PricewaterhouseCoopers” refers to PricewaterhouseCoopers LLP, an Ontario limited liability partnership, or, as the context requires, the PricewaterhouseCoopers global network or other member firms of the network, each of which is a separate and independent legal entity. Celebrating 100 years of excellence in Canada 


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