OECD Workshop: Measuring Business Impacts on People’s Well-being, 23-24 February 2017, Paris, France, More information at: http://www.oecd.org/statistics/oecd-workshop-on-measuring-business-impacts-on-peoples-well-being.htm

1. OECD Feb 23, 2017
Measuring Business
Impacts on People’s
well-being
Taking Stock of what is needed to
leverage business practices on well-
being

2. © International Integrated Reporting Council
“… the potential value of investing in new
frame works that allow firms to strategically
differentiate through their positive impact
of their stakeholders /shareholders”
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3. © International Integrated Reporting Council© International Integrated Reporting Council
«There is a need for new orientation »
• IIRC speaks about a breakthrough phase
- Breaking the silos
- The role of the company’s culture
- The expectations and needs of the ecosytem
3

4. © International Integrated Reporting Council
What is the working program
• To rebuild the Business Model
• To adapt the technology and to set up a new
information system
• To define new metrics
Everything should be adapted to the company’s DNA and
specific to a sector => there is no place for standards
4

5. © International Integrated Reporting Council
From a compliance exercise to a
voluntary project
“Apply and explain”
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6. © International Integrated Reporting Council
Yesterday / To Day
• The deployment of the sustainability
reporting accelerates companies’ improved
performance
To Day / Tomorrow
• The IR enables informed decision making for
the corporations and the Society
6

7. © International Integrated Reporting Council
WHY : there is a place for improvement
• Volume of reporting
-> mask performance on material matters
-> divert resources
• Technical Jargon
• Confusion and inconsistencies
• Mismatch between information provided
outside and the one used internally 7

8. © International Integrated Reporting Council
A Key Concept : Connectivity
« An integrated report should show, as a
comprehensive value creation story, the
combination, inter-relatedness and
dependencies between the components that
are material to the organization’s ability to
create value over time. »
8

9. © International Integrated Reporting Council
BE OPERATIONAL : explaining the Business model
The term business model is defined herein as « the chosen system of inputs, business
activities, outputs and outcomes that aims to create value over the short, medium and long
term. »
According to an
external literature
review, only
22 % of articles refer
to the outputs –
outcomes »
components (IFAC
survey March 2013)
9

10. © International Integrated Reporting Council
Examples of OUTCOMES
Customer satisfaction
Contribution to local economy
Job creation
Happiness factor for the wording force
Employee development and engagement
Improved standard of living
Environmental impact… 10

11. © International Integrated Reporting Council
BE LED AT THE TOP
 Corporate directors around the world have
become increasingly aware of the need to
provide a holistic view of a business
entreprise (GNDI / Global network of
director institutes)
« a platform for a strategic communication… that builds trust »
« …increased trust, confidence and support by transparent
reporting about the full societal impact » 11

12. © International Integrated Reporting Council
BE SHARED
• THE IIRC networks
 Business network
• global
• by industry
 Academic
 Investor
 Accountancy
 The Corporate Reporting Dialogue
 Public sector
Appendix 1
12

13. © International Integrated Reporting Council
RIO TINTO defines and links one of its key performance
indicators (AIFR – All injury frequency rate / to organizational strategy)
Appendix 2.1
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14. © International Integrated Reporting Council
RIO TINTO makes its foundation on trust and respect
Appendix 2.2
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15. © International Integrated Reporting Council
SASOL : Civil Society as a stakeholder
Appendix 3
15

16. © International Integrated Reporting Council
POTASH links two content elements governance and performance -> ‟build strong
relationships with and improve the socio economic well being of our communities”
Appendix 4
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17. © International Integrated Reporting Council
STOCKLAND
Specific focus on the well being of communities
Appendix 5
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18. © International Integrated Reporting Council
STOCKLAND
Specific focus on the well being of communities
Appendix 5
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19. © International Integrated Reporting Council
STOCKLAND
Specific focus on the well being of communities
Appendix 5
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20. © International Integrated Reporting Council
STOCKLAND
Specific focus on the well being of communities
Appendix 5
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21. © International Integrated Reporting Council
STOCKLAND
Specific focus on the well being of communities
Appendix 5
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22. © International Integrated Reporting Council
STOCKLAND
Specific focus on the well being of communities
Appendix 5
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23. © International Integrated Reporting Council
STOCKLAND
Specific focus on the well being of communities
Appendix 5
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24. © International Integrated Reporting Council
STOCKLAND
Specific focus on the well being of communities
Appendix 5
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25. © International Integrated Reporting Council
STOCKLAND
Specific focus on the well being of communities
Appendix 5
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26. © International Integrated Reporting Council
STOCKLAND
Specific focus on the well being of communities
Appendix 5
26

27. © International Integrated Reporting Council
STOCKLAND
Specific focus on the well being of communities
Appendix 5
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28. © International Integrated Reporting Council
STOCKLAND
Specific focus on the well being of communities
Appendix 5
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29. © International Integrated Reporting Council
STOCKLAND
Specific focus on the well being of communities
Appendix 5
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30. © International Integrated Reporting Council
STOCKLAND
Specific focus on the well being of communities
Appendix 5
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31. © International Integrated Reporting Council
STOCKLAND
Specific focus on the well being of communities
Appendix 5
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32. © International Integrated Reporting Council
STOCKLAND
Specific focus on the well being of communities
Appendix 5
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33. © International Integrated Reporting Council
GECINA : Our vision for responsible buildings
Appendix 6
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34. © International Integrated Reporting Council
GECINA : Our vision for responsible buildings
Appendix 6
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35. © International Integrated Reporting Council
GECINA : Our vision for responsible buildings
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Appendix 6