Download Engaging the private section in support of a low-carbon future

Survey
yes no Was this document useful for you?
   Thank you for your participation!

* Your assessment is very important for improving the work of artificial intelligence, which forms the content of this project

Document related concepts
no text concepts found
Transcript
Business and climate
change – An MNE
Guidelines perspective
Céline Kauffmann and Cristina Tébar Less
OECD CONFERENCE ON CORPORATE SOCIAL RESPONSIBILITY
15 June 2009, OECD Conference Centre, Paris, France
Introduction
• Joint EPOC & Investment Committee
project on “Engaging the private sector in
support of a low-carbon future” => aims to
identify good practice in the design and use of public &
corporate policies to steer private investment to lowcarbon outcomes.
• Initial research by secretariat to start
discussions and obtain experts’ input => a
revised version based on your comments and additional
consultations will be submitted for discussion in the 2
committees. Further joint events & consultations will
follow.
Approach
• Focus on corporate practices.
• Draws on the MNE Guidelines.
• Highlights 3 areas:
– 1st step in a company’s strategy to address
climate change: measuring, reporting and
verifying emissions
– Towards a pro-active attitude: making
commitments to lower emissions
– The 3rd pillar in the fight against CC (with
governments and companies): engaging
consumers
Measuring, reporting and
verifying emissions
• The Guidelines encourage companies to
« apply high quality standards for
disclosure, accounting and audit ».
• What, Where and How?
– Mandatory vs. voluntary reporting?
– Integrating financial and non-financial information?
– Scope? Direct & indirect emissions, current & future,
corporate vs. product level, corporate strategy, risks &
opportunities.
– According to which accounting & reporting standards?
Making commitments
• The Guidelines recommend that
companies establish « measurable
objectives for improved environmental
performance »
• How to manage risks in the long-run?
– What quantitative GHG emission reduction targets?
Internal strategies vs. offsetting? Managing the supply
chain.
– Implementing: what corporate governance? How to
engage employees? How to ensure the business
case?
Engaging consumers
• The Guidelines recommend that
« enterprises promote higher levels of
awareness among consumers » and
« provide accurate and clear information »
• How best to engage consumers?
– Information on product carbon footprint
– Education campaigns
– Offering low carbon goods and services
 Who does what? (gvts/companies/consumer assoc)
Key
Issues  How to ensure readability and credibility of
information, deal with conflict across priorities?
Questions for future
consideration
• Identify trends, key issues and « good » &
innovative corporate practices across OECD
and major non-OECD countries towards
low-carbon economy.
• Discuss additional areas where corporate
practices in support of low-carbon economy
are developing: reducing emissions in the
supply chain, scope of business
engagement in the development of CC
policies…
Thank you!
Contact:
[email protected]