In a stakeholder oriented economy, such as that we are facing today, impact is the key concept to assess the results of the environmental, social and governance efforts a company on its journey to sustainable value creation. However, the measurement of corporate ESG impacts is not simple not least because it is expressed according to various metrics (tons, percentages, qualitative scales, etc.), this creating some difficulties in the reading and comparison through space of corporate performance valuation.
In this respect, since a few years there have been increasing attempts to change the measurement basis of some impacts in the direction of “translating” them into financial values. This approach could facilitate a great deal the interpretation of sustainability impacts and performances made by companies, generating also a natural bridge with financial numbers and results and, ultimately, the analysts and the stock exchanges universal language.
The O.I.B.R.-VBA International Seminar aims to illustrate and analyse these new monetization methodologies and their possibility of turning ESG data points into decision relevant information for sustainable value creation to the benefit of managers, investors and analysts by presenting also case studies of companies that are already moving along this innovative and crucial path for the development of sustainability and its understanding and (e)valuation.
AGENDA
Ore 16.00 | Opening, welcome and introduction
- Prof. Dr Alessandro LAI, President, Italian Foundation for Business Reporting (O.I.B.R.), and University of Verona
- Prof. Dr Matteo PEDRINI, Director, ALTIS Graduate School of Sustainable Management, Catholic University, Milan
Ore 16.10 | The impact revolution
- Sir Ronald COHEN, President, GSG Impact (remotely)
Ore 16.20 | Impact Accounting in practice and EU regulation
- Christian HELLER, CEO, Value Balancing Alliance (VBA)
Ore 16.35 | Company case on disclosure: Integrated Profit & Loss statement
- Sonja HAUT, Head Impact Valuation, Novartis (remotely)
Ore 16.50 | Company case on regulation: The Double Materiality Assessment
- Andrea DANNER, Specialist Sustainability & EHS, ZF Group
- Beate STUIS, Senior Manager, KPMG Deutschland (remotely)
Ore 17.05 | Monetizing Impacts and the O.I.B.R. view: some methodological pinpoints on performance measurement
- Prof. Dr Lino CINQUINI, Chair, Scientific Committee, O.I.B.R. Foundation, and Sant'Anna School of Advanced Studies, Pisa
- Prof. Dr Maria Serena CHIUCCHI, Vice-Chair, Scientific Committee, O.I.B.R. Foundation, and Polytechnic University of Marche, Ancona
Ore 17.20 | Performance measurement and Decision Making Experiences
- Fiona WATSON, Senior Director of Corporate Performance & Accountability, and Member of the
Extended Leadership Group, World Business Council for Sustainable Development (WBCSD),
and Incoming Chair, World Intangible Capital Initiative (WICI) - Katia DALLA VALLE, ESG Reporting Manager, Despar North
- Veronica VARI, Group Sustainable Development, Poste Italiane
- Francesco MARCONI, Partner, Andersen Italy
Ore 18.10 | Q&A and Final Statements of Presenters
Ore 18.25 | Wrap up and conclusive remarks
- Christian HELLER, CEO, Value Balancing Alliance (VBA)
- Stefano ZAMBON, Secretary General, Italian Foundation for Business Reporting (O.I.B.R.), and University
of Ferrara