The climate-conscious CFO<br />6 July 2011<br />
The climate-conscious CFO<br />Workshop presenters:<br /><ul><li>Parminder Dost  (Chief Financial Officer, Airwave Solutio...
Matthew Wetherall  (Head of Strategy, Airwave Solutions Ltd)
Tony Rooke (Head of Environment and Sustainability, Logica)</li></li></ul><li>The climate-conscious CFO<br />“Sustainabili...
The climate-conscious CFO<br />Question:   What does ‘sustainability’ mean to you?<br />Areas to consider...<br /><ul><li>...
What are the costs associated with ‘sustainability’?</li></li></ul><li>Question:   What does ‘sustainability’ mean to you?...
Managing suppliers (ethical/renewable sourcing policies)
Managing /reducing waste
Improving efficiencies of using supplies
Travel policies  e.g. Commuting, travel to meetings
...</li></li></ul><li>Question:   What does ‘sustainability’ mean to you?<br />What are the costs associated with ‘sustain...
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The climate-conscious CFO

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The climate-conscious CFO

Workshop presenters:
Parminder Dost (Chief Financial Officer, Airwave Solutions Ltd)
Matthew Wetherall (Head of Strategy, Airwave Solutions Ltd)
Tony Rooke (Head of Environment and Sustainability, Logica)

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The climate-conscious CFO

  1. 1. The climate-conscious CFO<br />6 July 2011<br />
  2. 2. The climate-conscious CFO<br />Workshop presenters:<br /><ul><li>Parminder Dost (Chief Financial Officer, Airwave Solutions Ltd)
  3. 3. Matthew Wetherall (Head of Strategy, Airwave Solutions Ltd)
  4. 4. Tony Rooke (Head of Environment and Sustainability, Logica)</li></li></ul><li>The climate-conscious CFO<br />“Sustainability is not just about compliance and traditional cost savings, it is about delivering long term value to the business”<br />
  5. 5. The climate-conscious CFO<br />Question: What does ‘sustainability’ mean to you?<br />Areas to consider...<br /><ul><li>What are the main areas of ‘sustainability’ your business can address?
  6. 6. What are the costs associated with ‘sustainability’?</li></li></ul><li>Question: What does ‘sustainability’ mean to you?<br />What are the main areas of ‘sustainability’ your business can address?<br /><ul><li>Your energy usage and CO2 emissions e.g. office, plant, travel
  7. 7. Managing suppliers (ethical/renewable sourcing policies)
  8. 8. Managing /reducing waste
  9. 9. Improving efficiencies of using supplies
  10. 10. Travel policies e.g. Commuting, travel to meetings
  11. 11. ...</li></li></ul><li>Question: What does ‘sustainability’ mean to you?<br />What are the costs associated with ‘sustainability’?<br /><ul><li>Updating resources (capex)
  12. 12. People (processes, auditing, etc.)
  13. 13. Increased ‘green’ supplier costs
  14. 14. Opportunity cost
  15. 15. Challenge of valuation for approving business cases
  16. 16. ... </li></li></ul><li>The climate-conscious CFO<br />Question: How do you justify the business case and what questions should you be asking yourself?<br />
  17. 17. Question: How do you justify the business case and what questions should you be asking yourself?<br />Benefits:<br /><ul><li>Cost savings e.g. Lower energy bills; more efficient use of raw materials; lower travel expenses; time savings (e.g. video-conferencing)
  18. 18. Standards compliance
  19. 19. Attract investment
  20. 20. Better staff morale => improved retention, acquisition, etc
  21. 21. Environmental
  22. 22. Brand and PR
  23. 23. Valued by customers with green agendas </li></ul>- Offers customers choice and opens up new customer base<br />- Some customers will pay more for it<br /><ul><li>May have disproportionately high weighting in procurement process vs other ‘more expensive’ criteria</li></ul>COMPETITIVE ADVANTAGE<br />
  24. 24. Question: How do you justify the business case and what questions should you be asking yourself?<br />Questions to ask:<br /><ul><li>Near term benefits vs long term value?
  25. 25. Need to look at the whole picture (not just individual initiatives in isolation)
  26. 26. How will it improve competitive advantage?</li></ul> => Need to understand your customers’ supplier selection (scoring) criteria<br /><ul><li>Gaining competitive advantage or maintaining it?</li></ul> => What are your competitors doing?<br /><ul><li>How to quantifying staff retention, acquisition and morale benefits?
  27. 27. What is impact and benefit of reducing long term business risk?</li></li></ul><li>The climate-conscious CFO<br />Key take aways from this session <br />Take away 1: Be clear of why you are progressing a sustainability agenda <br /> (e.g. compliance ‘tick the box’ or do you believe there is long term value in it?)<br /> <br />Take away 2:Understand your customers’ sustainability agenda Support this through your own sustainability agenda and ensure your suppliers are aligned if required<br /> <br />Take away 3:“Sustainability is the single biggest business opportunity of the 21st century, and will be key to maintaining competitive advantage”<br /> Where will your company stand in 10 years time if you ignore this?<br />Quote by H. Lee Scott, President and CEO of Wal-Mart<br />

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