Responsible Business in Action WHEN INSIGHT LEADS TO ACTION · WHEN INSIGHT LEADS TO ACTION...
Transcript of Responsible Business in Action WHEN INSIGHT LEADS TO ACTION · WHEN INSIGHT LEADS TO ACTION...
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WHEN INSIGHT LEADS TO ACTION
Responsible Business in Action
29 April 2019
Kindly hosted by
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25/03/2020
Tracker Insights
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Tracker Insights
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TRACKER INSIGHTS REPORT
Responsible Business Tracker®
April 2019
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• 72% have started formally engaging employees & senior leaders to identify priority responsible
business issues. But only 16% have gone further by integrating them into the risk register and
consulting externally.
• 61% consider social factors during product or service development. But only 39% have
processes in place to be able to change a design if they have a high level of negative impact or
no real social impact.
• 53% tailor their tenders to include responsible business questions but only 31% check the
quality rather than the existence of a policy.
INSIGHT AND STRATEGY DRIVING IMPACT
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94% 17%Can share a CEO commitment to responsible business for the coming year.
Have integrated into departmental roles with clear targets at team level.
LEADERSHIP AT EVERY LEVEL
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• 55% using the Global Goals to inform individual initiatives
• But only 30% have used them to understand risk to their business model and 25% are using
the Goals for innovation.
• The Global Goals are providing a clear focus in sectors to prompt collaboration
IMPACT THROUGH COLLABORATION
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• Be ambassadors, keep sharing and bringing others with you. Together we’ll create momentum
and change.
• In May, we’re holding UK-wide events to share great examples of responsible business in
action.
• Launch in September, the refreshed and updated survey and platform will have scoring,
benchmarking and recognition, to help you gain the internal traction to drive change.
• The Tracker will be the cornerstone of your BITC membership, to help us to work together to
plan how best we can support you. Contact us to find out more!
WHAT COMES NEXT?
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#BITCAwards
#ResponsibleBusiness
Diversity & Inclusion (34%)
Health & Wellbeing (52%)
Education (25%)
Good Work & Inclusive Growth (20%)
Net Zero Carbon (22%)
Circular Economy (13%)
Healthy Ecosystems (2%)
MAPPING THE POSSIBLE
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38% only 11%Have identified the business dependencies and
future risks or opportunities related to the health of
ecosystems. This increased to 50% of the Utilities,
Energy & Transport sector.
Have a comprehensive healthy ecosystems strategy
that addresses all elements and types of risks and
opportunities.
Utilities, Energy and Transport
#BITCAwards
#ResponsibleBusiness
HEALTHY ECOSYSTEMS
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50% 33%Collaborate with other
organisations in their value
chain to identify and address
future resource risk and
circular economy opportunities,
this increased to 73% for Retail
& Food Producers
Of Forerunners have a circular
economy strategy
22%Have defined the direct business
impact they are expecting from
their strategy
Utilities, Energy and Transport
#BITCAwards
#ResponsibleBusiness
CIRCULAR ECONOMY & RESOURCE PRODUCTIVITY
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63% only 22%Have set objectives, targets and KPIs for their
carbon reduction strategy. This rises to 92% for
the Utilities, Energy & Transport sector
Have developed science-based targets for carbon
reduction linked to global targets
Utilities, Energy and Transport
#BITCAwards
#ResponsibleBusiness
NET ZERO CARBON
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77% only 42%Have identified risks and opportunities related to
schools and wider education
Have a comprehensive strategy for schools and
wider education. 44% have set objectives, targets
and KPIs to monitor and evaluate the effectiveness
of their strategy
No dominant sector
#BITCAwards
#ResponsibleBusiness
EDUCATION
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73%Of forerunners consider research and engage with
stakeholders to understand the most effective way
to ensure they offer accessible, good work
Have a comprehensive strategy linked to risks and
opportunities for ensuring accessible good work in
all areas of the business
Utilities, Energy and Transport
#BITCAwards
#ResponsibleBusiness
GOOD WORK & INCLUSIVE GROWTH
only 34%
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83% only 39%Explicitly consider diversity criteria when making
promotions and staff development decisions for
senior employees
Have targets for diversity in the composition of
their management teams that drive appointments
#BITCAwards
#ResponsibleBusiness
Services
DIVERSITY & INCLUSION
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88% only 53%Have identifies Health & Wellbeing risks and
opportunities for their business
Have comprehensive strategies with support and
monitoring at the highest level. With just 25%
establishing key performance indicators
Construction, Engineering and Technology
#BITCAwards
#ResponsibleBusiness
HEALTH & WELLBEING
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POLICY ENGAGEMENT
Tracker Insights
98%Felt they operate with the correct level of regulation.
Only 2% felt they were over-regulated with the need
to engage in order to reduce their regulatory burden.
36%Use policy engagement as a source of innovation.
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STAKEHOLDER COLLABORATION
Tracker Insights
31%Consider suppliers a key stakeholder group. Need to
work more closely with suppliers across issues.
45%Have formally mapped their stakeholders.
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SUPPLY CHAIN & HUMAN RIGHTS
Tracker Insights
67%Of Forerunners offer safe and confidential grievance
channels and processes, so communities can
complain or raise concerns about human rights
violations
22%Of business have verified their human rights
impacts through stakeholder engagement
consultations. However, 55% of Retail and Food
businesses have done so.
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DIGITAL TRANSFORMATION
Tracker Insights
14%Of Forerunners chose digital transformation
as one of their two highly material issues.
Top challenges:
• 47% - changing nature of work and the need to provide employees with digital skills and lifelong learning
• 47% - future impact of automation and identifying where technology complements, not replaces, humans
• 44% - reconsidering its value proposition to customers
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• Embrace challenges of Global Goals
• Leaders set ambition and driving strategy
• Translate ambition into action and accountability
• Reflect on your priorities on environmental issues
• Measure and report on impact
• Move beyond process to products and services
• Undertake collective action that others can learn from
#BITCAwards
#ResponsibleBusiness
A NEW JOURNEY
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Best Practice examples
Responsible Business Tracker® & Awards
Business in the Community member companies
#BITCAwards
#ResponsibleBusiness
CASE STUDIES
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25/03/2020
Mapping the Global Goals
Burges Salmon
Tracker Insights
BEST PRACTICE – GLOBAL GOALS
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25/03/2020
Radar pilot – talent programme
Fujitsu
Tracker Insights
BEST PRACTICE – FUTURE GENERATIONS
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25/03/2020
Integrating purpose –Next 47
Siemens
Tracker Insights
BEST PRACTICE – PURPOSE & VALUES
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25/03/2020
Charter and independent scrutiny board
ENGIE
Tracker Insights
BEST PRACTICE – GOVERNANCE & TRANSPARENCY
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25/03/2020
Innovate ahead of legislation
Boots UK
Tracker Insights
BEST PRACTICE – POLICY ENGAGEMENT
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25/03/2020
Collaboration to create change
Sky
Tracker Insights
BEST PRACTICE – STAKEHOLDER COLLABORATION
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25/03/2020
Responsible service development
Trivallis
Tracker Insights
BEST PRACTICE – PRODUCTS & SERVICES
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25/03/2020
Global Supply Chains
JTI
Tracker Insights
BEST PRACTICE – SUPPLY CHAIN & HUMAN RIGHTS
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25/03/2020
Human Rights
Marshalls
Tracker Insights
BEST PRACTICE – SUPPLY CHAIN & HUMAN RIGHTS
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25/03/2020
Delivering service in a new digital way
South Wales Police in collaboration with Gwent Police
Tracker Insights
BEST PRACTICE –
DIGITAL TRANSFORMATION
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25/03/2020
Health & Wellbeing Strategy – parity on programmes
Kier Group
Tracker Insights
BEST PRACTICE – HEALTH & WELLBEING
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25/03/2020
Diversity in senior management
Lloyds Banking Group
Tracker Insights
BEST PRACTICE – DIVERSITY & INCLUSION
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25/03/2020
Education partnership approach
A.F. Blakemore
Tracker Insights
BEST PRACTICE – EDUCATION
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25/03/2020
Business change in a co-operative way
Lincolnshire Co-operative
Tracker Insights
BEST PRACTICE – GOOD WORK & INCLUSIVE GROWTH
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25/03/2020
Collaboration for innovation
Viridor, Pennon Group
Tracker Insights
BEST PRACTICE – CIRCULAR ECONOMY & RESOURCE PRODUCTIVITY
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25/03/2020
Carbon reduction targets
Capgemini
Tracker Insights
BEST PRACTICE – NET ZERO CARBON
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25/03/2020
Protecting natural assets
Northumbrian Water Group
Tracker Insights
BEST PRACTICE – HEALTHY ECOSYSTEMS
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• Blog posts (from our team)
• Providing campaign teams with data
• Feed into the support we offer to members
(filling the gaps)
• Segmentation of sectors – targeted insights
for specific groups (BD for future cycles)
• Any questions you get all the time??
Tracker Insights
HOW WE’RE GOING TO USE THE DATA
Internal External
• Sharing best practice (in the Insights report,
also on specific issues of value to them).
• Tracker participants – individual reports,
benchmarking, also happy to share specific
ad-hoc requests (can only share
aggregated/anonymised data)
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Issue Area Contacts
ISSUE AREA- SPECIFIC STATS/CASE STUDIES
• Future Generations and Purpose & Values – Hannah Rowley
• Governance & Transparency, Policy Engagement, Stakeholder Collaboration, Supply Chain & Human Rights, Products & Services – Jess Runicles
• Digital Transformation – Alastair Loasby
• Health & Wellbeing – Aishlyn Angill-Williams
• Education – Rachael Saunders and Cheryl Phillips
• Good Work & Inclusive Growth – Nicola Inge and Charlotte Gibb
• Diversity & Inclusion – Thomas Colquhoun-Alberts (and campaign teams)
• Resource Productivity & Circular Economy – Libby Sandbrook
• Net Zero Carbon – Elizabeth Edgington
• Healthy Ecosystems – Amanda Skeldon