Corporate Sustainability Lessons from the Trenches 1 April 30, 2015 Matt Wasserman Church & Dwight...

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Corporate Sustainability Lessons from the Trenches 1 April 30, 2015 Matt Wasserman Church & Dwight Co. Rider University - Environmental Sustainability Symposium for High School Students

Transcript of Corporate Sustainability Lessons from the Trenches 1 April 30, 2015 Matt Wasserman Church & Dwight...

CorporateSustainability

Lessons from the Trenches

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April 30, 2015

Matt WassermanChurch & Dwight Co.

Rider University - Environmental Sustainability Symposium for High

School Students

Church & Dwight – Our Brands

Sustain.a.what??

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Triple Bottom Line

What does GREEN mean?

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Total Shareholder Return

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Your Challenge

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Turn

TSRCSR

Influence Others: Be a Change Agent

HOW DO YOU THAT?

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WT…

Start w/ Goals & Metrics

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We Manage what we Measure!

Reduce our GHG emissions 20% by

2025

A recent C&D goal…

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If You Measure Apples, Compare them to Other Apples

Suppliers

Manufacturing

Transportation

Customers

Consumers

Disposal

Mo

re C

on

tro

l U

pst

ream

Mo

re A

ccu

rate

Less C

on

trol D

ow

nstream

Less A

ccurate

Defining Product Lifecycle

GHG Reduction: What Should we Measure?

1990 2000 2010 2020 2030 2040 2050

Suppliers

Manufacturing

Transportation

Customers

Consumers

Disposal

Reckitt

Unilever

L’Oreal CloroxP&G

Henkel SCJ

5/7

7/7

2/7

2/7

1/7

2/7

Think about Who you are trying to Influence

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And If you’re going to make someone jump…

Give them something Soft to land on!

- Leith Sharp

Changing Behavior?

• Size of the Organization• R U Adding Steps?• Inconveniences• Giving Something up and

getting nothing in return

• Solving a Problem• Providing a new benefit• Providing Social Capital

DRIVING VALUE IN A RESPONSIBLE WAY

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Creating Value - Innovation

• New Products

• New Ingredients

• Raw Material Reduction

• Raw Material Selection

• Waste Reduction

• Product Longevity

• Brand Equity

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Sustainability Guideline Examples within Our Packaging Portfolio

• Choosing the right materials of construction (Sourcing)– Design for Disposal (End of Life)

– Highly Recyclable (HDPE, PET, Paperboard)

– Coatings only added if they can be removed in the recycling

process

– Contain PCR or equivalent (integrated process at supplier)

– Sourcing materials based on supplier CSR

• Not over-designing the packaging– Lowest gram-weight bottles in the industry

WHERE DO YOU GET THE IDEAS FROM?

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Take Advantage of Trends

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In Summary• Set a Goal

• Create Metrics

• Innovate the solutions

• Identify the behaviors that will change

• Create your “soft landing”

• GO!

• And then Try Again!!!!

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Yesterday. Today. TomorrowTogether

Yesterday. Today. TomorrowTogether

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ThankYou