Aligning with the UN Sustainable Development Goals€¦ · Aligning with the UN Sustainable...
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Aligning with the UN Sustainable Development Goals Tom Ewart, Senior Manager of Sustainability November 20, 2018 ICMIF Americas Cartagena, Colombia
Transcript of Aligning with the UN Sustainable Development Goals€¦ · Aligning with the UN Sustainable...
Aligning with the UN Sustainable Development Goals
TomEwart,SeniorManagerofSustainability
November20,2018ICMIFAmericasCartagena,Colombia
Agenda1. Context&Motivations2. TheCo-operatorsProcess&Progress3. NextSteps,Challenges&Lessons
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Canadian Context
Source:https://www.brookings.edu/wp-content/uploads/2017/10/working-paper_assessing-canadas-domestic-status-on-the-sdgs1.pdf
23%ontrack
52%accelerationorbreakthroughneeded
25%movingbackward
Motivation #1: Co-operative Responsibility
TheSDGscreateopportunitiesandrisksforus,andourclients,membersandcommunities
Opportunity&Influence
Risk&Impact
Co-operative,Insurer,Employer,Investor,CommunityPartner
Vision:beacatalystforasustainablesociety
Mission:financialsecurityforCanadiansandtheircommunities
Motivation #2: Business Imperative
Agenda1. Context&Motivations2. TheCo-operatorsProcess&Progress3. NextSteps,Challenges&Lessons
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The Process We Followed
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Aug2016
CEO’steamreaffirmedendorsing all
SDGsanddraftedEnterpriseLong-
TermGoals
BoardCmteesuggestedaligning to2030UNSDGs
StrategicPlanningdescribed2030planning process
toBoardCommittee
BoardCmtee
prioritizedSDGs
Board+MgtSustainabilityCommittees
identified long-termissues
Board+MgtSustainabilityCommittees
prioritized SDGsandprovided guidancefor2030goals
Boardprovided
feedbackonpriority SDGsandsuggestedendorsing all
BoardCmteediscussed2030long-term goals
Sept Feb2017 June Aug Dec Feb2018 March-April June
Boardprovidedfurther feedbackandCEO’steamupdatedpriority
SDGsandEnterpriseLong-TermGoals
Aug Oct Dec
BoardprovidesfeedbackonGoals
BoardCmtee&Mgtdiscuss
2030keyperformanceindicators
Boardapproves2030Goals
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Board&mgtsustainabilitycommittee
Board&sustainabilitycommittee
StrategicPlanning&Sustainabilityteams
Executiveleadership
team
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Start
The Process We Followed
United Nations Sustainable Development Goals
The Co-operators endorses all 17 SDGs and will actively support where appropriate
and relevant
ACTIVELY SUPPORT where appropriate and
relevant
The Co-operators endorses all 17
SDGs
We will FOCUS RESOURCES where we have the greatest expertise and
can make the most meaningful impact
From Global to Enterprise Goals
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Global
National
Enterprise
Enterprise Long-Term Goals to 2030Goal1:Inform&InfluenceReduceriskexposureandincreasetheirprosperity.
Goal2:IncentIncenttowardsamoresustainableandresilient society.
Goal3:InvestInvestforpositivechangetorisksandsustainability.
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Mission,Vision,Values,Co-operativePrinciples
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2030EnterpriseLong-TermGoals
alignedto:
2019-2022StrategicPlan
2023-2026StrategicPlan
2027-2030StrategicPlan
Agenda1. Context&Motivations2. TheCo-operatorsProcess&Progress3. NextSteps,Challenges&Lessons
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Next Steps
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• Communicate• Supportcascading(bytime&scale)• Investigatesetting2030KPIs&targets
16Image source:https://creativechair.org/janjaap-ruijssenaars/
Challenges
Lessons
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• Messinessisok• Boardsupportiscritical• Authenticityisrequired
