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Green Monday: December 2011
The future for sustainability reporting: trumped by the digital revolution?
Arrive: 5:45pm / Start 6:15pm / Networking: 8:15pm / Close: 9:30pm
5th December 2011
Bank of America Merrill Lynch: King Edward Hall
2 King Edward Street
City of London
London
EC1A 1HQ
Event overview:
The demand for transparency, unleashed by social media, may be the biggest enabler of the sustainable economy. Discuss.
If the industrial revolution gave power to the company, the digital revolution is returning power to the stakeholders. This is opening up a myriad of issues for how companies report their sustainability strategies, such as:
- How transparent should companies be?
- What is the role of the sustainability report?
- Is “integrated reporting” the future?
- How should companies measure the contribution to profit from sustainability?
- And what sustainability data should management be looking at?
To guide us through these fast-changing sands we have a diverse group of experts, including:
Louise Tyson, Head of Corporate Reporting at BP. Louise will give us her views on the art of sustainability reporting, with the experience of BP’s trust rebuilding programme since the Deepwater Horizon disaster. Having subsequently undertaken a major survey of sustainability experts, BP has launched a new sustainability section on its website with a wide range of information from community engagement to its view on the energy future. What does Louise think about mandatory and integrated reporting?
Dr Rory Sullivan is a reporting expert and author of 7 books including “Valuing Corporate Responsibility: How Do Investors Really Use Corporate Responsibility Information?” (2011). Rory will be looking at how investors use environmental and social data, and he will question whether integrated reporting really is the Holy Grail that John Elkington and others have argued for. Is there a better solution?
Adam Elman, Head of Delivery of Plan A, M&S. M&S has pioneered the measurement of profit from sustainability programmes, and it has been highly effective in gathering support for its sustainability programme. In 2010, Plan A contributed profits of £70m, the equivalent to 10% of M&S’s pre-tax profit. With many other companies looking to follow suit, Adam will explain how M&S measure its profit contribution and will chair a roundtable on the same topic afterwards.
Alan Mak, a generation Y leader. Alan is a remarkable person and a representative of generation Y’s thirst for transparency. The youngest person to address the Green Monday audience, he will tell us how the digital revolution is demanding transparency from businesses. Inherent in this are some profound questions about the future for sustainability reporting.
We welcome you to the debate, apply for your place here.
Jim Woods, Chairman, Green Mondays
Louise Tyson, Head of Corporate Reporting, BP
Dr Rory Sullivan, Independent Adviser
Adam Elman, Head of Delivery of Plan A, M&S
Alan Mak, Global Advisory Board, One Young World
Q&A Session Part 1
Q&A Session Part 2