the creation of sustainable value by european companies
Post on 10-Feb-2017
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Basic principles SNS full scope approach
Companies that successfully maximise stakeholder value will create long-term shareholder value and above average returns
Sector analysis of value drivers using multi-stakeholder perspective:– Different stakeholders have different perceptions of ‘business values’
– ‘Business values’ vary between industries
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I. MSCI Pan Euro
II. Investment universe
‘best-in-sector’
III. Portfolio
Research steps to create portfolio
Full Scope (Triple P) research
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Business value
1 Social domain
... ... ...
2 Environmental domain
... ... ...
3 Economicdomain
... ... ...
Alignment: reward good, broad based performance
Integrated analysis
Indicators / data: Clear definition Clear rewarding/scoring Factual Long-term
Transparent Consistent Reproducible Generic or Sector Specific relevance
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Sector example: Food & Beverages
Product safety Labelling Genetic modification Packaging & logistics Environmental regulation Biodiversity Deforestation Supply chain Health & Safety
Strong brands New products Advertising & Promotion (codes) Consumer driven Pricing power Operations Cash flow Use of natural resources
Sector analysis => relevant considerations:
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Strategy human cap
Audit & reporting
Strategy risk countries
Suppliers
SocialDimension
Environmental strategy
Production
Product use
Suppliers
EnvironmentalDimension
Full scope evaluation
Code of Conduct
Corp. Governance
Economic Profile
EconomicDimension
‘Business Profile’
Integrated analysis: thematic clusters
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