The Economic Case for Sustainable Practices Session AB

Transcription

1 The Economic Case for Sustainable Practices Session AB

2 Session Outline Introduction of topic, moderator & panelist Panel Discussion Audience Q&A

3 The Economic Case for Sustainable Practices Environmental Sustainability Social Sustainability Talent Sustainability WHY DO COMPANIES CARE?

4 Moderator: Susanna X. Zhu Brief Biography Photo ~ 20 years of supply chain and procurement leadership experience across multiple industries current: The Hershey Company : PepsiCo Inc : United Technologies Corp. MBA University of San Diego Company: The Hershey Company Role: Chief Procurement Officer Sustainable Sourcing Experience Lead the Hershey sustainable sourcing team

5 HERSHEY S SUSTAINABILITY RECOGNITIONS

6 Panelist: Chae-Ung Um Company: LG Electronics Role: Corporate SVP, Global Procurement Strategy & General Procurement Function Division Brief Biography General Engineering / Foreign Area Studies in Far East(Chinese) degree from U.S. Military Academy International MBA from Baldwin-Wallace College SCM Executive Program from Michigan State University Board of Director for the Institute for Supply Management Work Experience: Six Sigma for Global Top tier companies for GE, Praxair, Merck & Co., Dade Behring, Westinghouse Electric company : Held various leadership positions in Procurement, SCM, & Product Management Present: Holds Procurement leadership position for LGE Corporate Sustainable Sourcing Experience Leading Sustainable Procurement transformation for LGE and its affiliate companies in LG Group Recipient of GE Corporate Extra Step Award Winner for supporting Small Disadvantaged & Women-Owned Business Enterprises

7 SUSTAINABILITY Eco-friendly Business Solar Energy Electric Car Water Treatment [Solar Energy] LED Energy Storage [Electric Car] System LG Electronics SUSTAINABILITY LG Social Contribution Ethiopia s LG Hope Community LG Hope Village LG-KOICA 1) Hope TVET 2) College Donation program : LG Social Justice Award LG Hope Vaccination LG Hope Decedents 1) Korea International Cooperation Agency 2) Technical and Vocational Education and Training [Water Treatment] Reduction of Green House Gas emissions As of 2008, 353K tons 400 million tons (cumulative, target by 2020) PROCUREMENT For Supporting women procurement professions ( ) - LGE Procurement (HQ): women (CAGR 4.8%) * Procurement Strategy & GP/VC Co.: women (CAGR 22.2%) Supplier supporting program Financial Support: Yearly Win-Win Growth Fund $17M Capability Enhancement Support Program: Training & HR Support Win-Win Growth For Supporting small to medium companies

8 AWARDS Named among the most sustainable corporations for the third consecutive year Winner of 3 Gold prize & 25 awards at 2016 if Design Awards Winner of 26 awards at 2014 if Design Awards Listed on the Dow Jones Sustainability World Index for four consecutive years North America CES Innovation Award for 21 products (2016) CES Innovation Award for 41 products including the Best of CES Award (2015) Awarded the 2014 ENERGY STAR Partner of the Year Award & the ENERGY STAR Sustained Excellence Award Europe Winner of 13 awards at 2015 Reddot Award Singled out as the industry group leader at 2014 for Leisure Equipment & Product and Customer Electronics Awarded Inter Solar Award 2015 for efficient solar power solution Asia Receipt of six prizes at the 18 th Energy Winners of the Year Awards Latin America Listed on Great Place to work at 2011 Winner of 18 awards at 2015 Good Design Award

9 Panelist: Brian Jones Nestle experience - 36 years 6 years in product R&D 17 years in IT Infrastructure 13 years in North America Procurement - a shared services organization supporting the Procurement function in all Nestlé North America operating companies. Company: Nestlé North America Role: Responsible Sourcing Manager Sustainability Experience Direct oversight of the Nestle North America Responsible Sourcing Program focused on: Managing supply chain risk via supplier corporate social responsibility (CSR) audits GHG (greenhouse gas) assessments of direct material (raw ingredients & packaging) and indirect material suppliers Raw material traceability and supply chain mapping Assessments at the source of origin (farms, plantations, forests) for key packaging materials and ingredients.

10 NESTLE S SUSTAINABILITY RECOGNITIONS

11 Sustainability at Nestlé 2016 Results 61% of total volume sourced from suppliers are compliant with the Nestle Supplier Code 51% of raw ingredients in our priority categories are traceable and 44% are responsibly sourced Over the last 10 years, reduced direct GHG emissions per ton of product by 39% while increasing production by 46%.

12 Panelist: John Kerr John do you have a higher-res image? -PB Brief Biography 30 Years Industry/Global Experience Procurement, Supply Chain, Manufacturing, Quality, & Finance Owens Corning Whirlpool Eaton MBA The University of Toledo Six Sigma Black Belt Company: Owens Corning Role: Global Leader: Operations, Finance & Planning for Strategic Sourcing Sustainability Lead Sustainable Sourcing for Owens Corning Supplier Risk Assessment & Mitigation Supplier Audits External Reporting Robecco SAM / DSJI GRI

13 Sustainability at Owens Corning Key Actions / Results Sixth Year on Dow Jones Sustainability Index 3 rd Year as Industry Leader Global Supply Chain Benchmark in the Building Materials Category Awarded Green Cross for Safety in /100 employees RIR - 86% below Industry Average Completed purchase agreements for 250MW of wind energy Installed 2.4MW of Solar at our World Headquarters Completed Life Cycle Assessments on all core products Recycled 2.5 Billion pounds of end-of-life shingles Formal Supplier Code of Conduct communicated annually Hosted first Supplier Sustainability Summit for top 100 in 2016

14 Y O U R F E E D B A C K I S I M P O R T A N T Please take a few minutes to complete this brief survey. Survey link: or Scan the QR code on your smartphone.

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