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Matthew Banks, Senior Program Officer, Business & Industry, WWF US Pete Pearson, SuperValu Matt Banks, Senior Program Officer, Business & Industry Program - Climate Change, WWF US Total Presentation Time = 45 Minutes Part 1: SUPERVALU Overview – Pete WWF Overview – Matt A 47-year history World Wildlife Fund was formed as a charitable trust in 1961 in Switzerland with the original mission of: “The conservation of world fauna, flora, forests, landscape, water, soils and other natural resources by the management of land, research and investigation, and publicity, coordination of efforts, cooperation with other interested parties and all other appropriate means." Who is WWF? Results-oriented Leading independent conservation organization Global Network 5 million members Proven 40+ year conservation track record 13,000 projects Science-based Offices in 50 countries Map of the Global 200 Ecoregions What we do • WWF's mission is the conservation of nature. Using the best available scientific knowledge, we work to preserve the diversity and abundance of life on Earth – promoting more efficient use of resources and energy and the maximum reduction of pollution. – promoting sustainable approaches to the use of renewable natural resources – protecting natural areas and wild populations of plants and animals Carbon: Reducing Emissions The Challenge • WWF’s Response Climate Change is a key global threat that WWF has identified as undermining its other conservation initiatives • • WWF’s Climate Savers program Estimated 50 million tons of voluntary emissions reductions since the program’s inception in 1999 Climate Savers 28 partners Est . 1999 50 million tons Climate Savers - Overview • WWF’s global platform to transform companies into pioneers of climate and energy solutions. • Goal: – Set standards of excellence in emissions reductions – Demonstrate that companies can grow their business while reducing their emissions • Method: – Set ambitious, ‘best in class’ absolute GHG reduction targets – Communicate successes to consumers, policy makers, and other business leaders to inspire further action Part 2: History – the first date between SUPERVALU & WWF Selling it internally Seeing it grow Two year partnership The WWF Program – Climate Savers WWF at SUPERVALU the program MOU on Climate Savers Efficiency stuff in the stores Carbon Sustainable Seafood Refrigeration Part 3: Financial Support – Be honest about why financial support is expected and necessary The importance of relationships in the world of sustainability (Pete) SUPERVALU - Benefits internally + externally (reputation) Has it differentiated us in the industry? Setting a standard of excellence through strategic partnerships (Matt) Vision for taking the partnership further: What are future goals? Bagless stores? Communication with Suppliers and Peer groups? Additional carbon goals? A Trusted Brand *Source: Edelman Study on Trust and Credibility, 2003 A Global Brand Unaided recognition in the U.S. of 50% Aided recognition in the U.S. of 80+% 8th most trusted among ALL brands in the U.S. 60% awareness of WWF in Germany, France, & Spain 85% strong likeability across Europe 2nd most trusted among ALL brands in Europe Business Really is Key to Solving the Problem • Climate change is caused by processess that are related to the production and use of energy and materials in industrial processes • Most entities that control the stocks and flow of petrochemicals, fossil fuels, trees, animals and other relevant items are businesses • Business has a stark choice – Take responsibility now – Make transformation to a low carbon future happen faster – Or…Take responsibility later and be blamed for consequences Food for Thought • Addressing climate protection is a big investment • Sometimes this means money, sometimes it means investing time and in change • The more engagement, the greater the returns on investment • Climate Savers helps invest by reducing risks, identifying climate change related rewards in the marketplace, and companies taking responsibility • Society is going to demand more on climate from companies • Climate Savers leads companies to develop a guiding ethic/ business plan • An ethic = a committed vision declaring publicly how a company will deliver its response to climate change On a Mission to Cut CO2 Since 1999 • Mobilize multi-national companies to take action • Dispell the myth that the costs of reducing carbon emissions is just too high • Showing real cuts can add up – annual reductions of over 14 million tons by 2010 • Educating countless business and elected leaders about the urgent need for early action • Demonstrating innovative ways to reduce energy consumption and deploy clean energy technology • Shaping and supporting low-carbon strategies and business planning • Setting sector-leading targets that are ambitious and best-inclass SUPERVALU PARTNERS WITH WORLD WILDLIFE FUND TO REDUCE EMISSIONS • • • Absolute reduction in carbon footprint with projected growth 10% reduction in 2012 emissions based on 2007 baseline Comparable to electricity use of 352,416 average US homes for one year Financial Impact Annual Cost of Business of Scope 1 & 2 Emissions: – Electricity - $380 Million – Natural Gas - $60 Million – Refrigerant - $6 Million – Diesel - $127 Million – Total - $573 Million WWF Global Mission Statement To stop the degradation of the planet's natural environment and to build a future in which humans live in harmony with nature, by: Conserving the world's biological diversity Ensuring that the use of renewable natural resources is sustainable Promoting the reduction of pollution and wasteful consumption + Enhanced credibility and trust Better cost management Improved risk management Inspired consumers and employees Why Choose WWF? • Deep scientific knowledge of environmental issues • Global presence, perspective and influence • Proven excellence in execution and partnership management • Unique approach focused on market drivers • Recognized as a trusted, credible brand “We begin to make human systems and industries fitting when we recognize that all sustainability is local. Recognize interdependence. The elements of human design are entwined with and depend upon the natural world…” “We need a constantly expanding array of data, views, and interpretations if we re to make wise sense of the world. We need to include more and more eyes. We need to be constantly asking: Who else should be here? Who else should be looking at this?”