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
OECD Workshop: Measuring Business Impacts on People’s Well-being, Gerd HofielenStatsCommunications
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
OECD Workshop: Measuring Business Impacts on People’s Well-being, Rodolphe Du...StatsCommunications
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
OECD Workshop: Measuring Business Impacts on People’s Well-being, Martine DurandStatsCommunications
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
OECD Workshop: Measuring Business Impacts on People’s Well-being, Veronique M...StatsCommunications
This document introduces MSCI's ESG Sustainable Impact Metrics and taxonomy for classifying companies' products and services according to their contribution to addressing major social and environmental challenges. The taxonomy focuses corporate activities into 5 themes: Basic Needs, Empowerment, Climate Change, Natural Capital, and Sustainable Impact Solutions. It also provides a framework for selecting companies with meaningful positive impacts and minimizing exposure to those with potential negative impacts. The document illustrates how the MSCI ACWI Sustainable Impact Index estimates over $500 billion in annual revenues derived from sustainable impact themes.
The document discusses how Bloomberg collects and provides ESG data that is used by investors and analysts. It describes the various ESG screens and data available on the Bloomberg Terminal, including company-reported ESG metrics and third-party scores. The presentation then discusses how analysts can use this ESG data to evaluate companies' disclosure performance, ratings, key performance indicators, policies, and reputational and product risks. It also explains how supply chain performance and policy reviews can help track and benchmark ESG performance over time.
OECD Workshop: Measuring Business Impacts on People’s Well-being, Chris PinneyStatsCommunications
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
ESG DX enables effective integration of ESG sustainability into business strategy, model, and operations based on data-driven material ESG risks/opportunities/impacts assessment across supply and value chain.
ESG DX enables ESG sustainability data informed decision-making to lead an ESG sustainable company.
ESG DX enables ESG sustainability data gathering and sharing for sustainable development of innovative products/services and their manufacturing/providing.
ESG DX enables ESG sustainability serve as a growth engine by innovating company’s operations, products and services, as well as creating new revenue streams.
ESG DX enables automation of ESG sustainability performance measurement and reporting process.
GRI and Bloomberg: the value of ESG datamarjella82
This webinar provided an overview of how and why companies should produce their first sustainability report using the Global Reporting Initiative (GRI) framework. It reviewed the key elements of GRI reporting including disclosures, performance indicators, and application levels. It also highlighted resources available from GRI to help with reporting, such as guidelines, sector supplements, templates, and training. Finally, it discussed trends showing increasing adoption of GRI reporting worldwide and in the US.
OECD Workshop: Measuring Business Impacts on People’s Well-being, Gerd HofielenStatsCommunications
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
OECD Workshop: Measuring Business Impacts on People’s Well-being, Rodolphe Du...StatsCommunications
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
OECD Workshop: Measuring Business Impacts on People’s Well-being, Martine DurandStatsCommunications
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
OECD Workshop: Measuring Business Impacts on People’s Well-being, Veronique M...StatsCommunications
This document introduces MSCI's ESG Sustainable Impact Metrics and taxonomy for classifying companies' products and services according to their contribution to addressing major social and environmental challenges. The taxonomy focuses corporate activities into 5 themes: Basic Needs, Empowerment, Climate Change, Natural Capital, and Sustainable Impact Solutions. It also provides a framework for selecting companies with meaningful positive impacts and minimizing exposure to those with potential negative impacts. The document illustrates how the MSCI ACWI Sustainable Impact Index estimates over $500 billion in annual revenues derived from sustainable impact themes.
The document discusses how Bloomberg collects and provides ESG data that is used by investors and analysts. It describes the various ESG screens and data available on the Bloomberg Terminal, including company-reported ESG metrics and third-party scores. The presentation then discusses how analysts can use this ESG data to evaluate companies' disclosure performance, ratings, key performance indicators, policies, and reputational and product risks. It also explains how supply chain performance and policy reviews can help track and benchmark ESG performance over time.
OECD Workshop: Measuring Business Impacts on People’s Well-being, Chris PinneyStatsCommunications
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
ESG DX enables effective integration of ESG sustainability into business strategy, model, and operations based on data-driven material ESG risks/opportunities/impacts assessment across supply and value chain.
ESG DX enables ESG sustainability data informed decision-making to lead an ESG sustainable company.
ESG DX enables ESG sustainability data gathering and sharing for sustainable development of innovative products/services and their manufacturing/providing.
ESG DX enables ESG sustainability serve as a growth engine by innovating company’s operations, products and services, as well as creating new revenue streams.
ESG DX enables automation of ESG sustainability performance measurement and reporting process.
GRI and Bloomberg: the value of ESG datamarjella82
This webinar provided an overview of how and why companies should produce their first sustainability report using the Global Reporting Initiative (GRI) framework. It reviewed the key elements of GRI reporting including disclosures, performance indicators, and application levels. It also highlighted resources available from GRI to help with reporting, such as guidelines, sector supplements, templates, and training. Finally, it discussed trends showing increasing adoption of GRI reporting worldwide and in the US.
Hands On China coordinates volunteer opportunities in Shanghai to address social and environmental challenges. It connects locals and foreigners with charities, and supports projects through donations, fundraising, and community development. MBA students also conduct research on sustainability issues in China. Transitioning to more sustainable and responsible practices requires addressing labor conditions, governance, product impacts, and developing strong community relationships internally and externally.
Refinitiv enables tailored integration of ESG into the research, investment vehicle creation, and investment management processes through audible, standardized data across all Environmental, Social and Governance pillars, transparent and customizable rating mechanism, and regularly updating controversies. Refinitiv provides a wide range of concorded historic and forward looking fundamental and pricing data, and value-add index calculation services supporting thematic investments. Refinitiv aims to be the next step in ESG Integration.
Sustainability has become an important issue on the business agenda for several reasons. Surveys show that over 90% of CEOs see sustainability as important to business success. Additionally, increasing public awareness of issues like climate change, pollution and human rights has put pressure on businesses to address sustainability. A number of political milestones and business events, from the Limits to Growth report to the Kyoto Protocol, have also brought sustainability to the forefront. While businesses initially resisted addressing sustainability issues, most now see benefits to integrating sustainability into their core strategies and operations for competitive advantage and long-term success.
Six growing trends in corporate sustainability 2013Jaime Sakakibara
Earlier this month Ernst & Young and GreenBiz Group released a new study, entitled ‘2013 Six Growing Trends in Corporate Sustainability.’ Based primarily on a survey of the GreenBiz Intelligence Panel of executives and thought leaders engaged in sustainability, this study reveals that “companies are increasingly connecting the dots between risk management and sustainability by making sustainability issues more prominent on corporate agendas.”
OECD Workshop: Measuring Business Impacts on People’s Well-being, Tom BeagentStatsCommunications
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
CSRHub, eRevalue, and MSCI provide ESG data, metrics, ratings and tools to help companies improve CSR performance and integrate ESG factors into investment decisions. CSRHub offers harmonized company ESG scores from 442 sources covering 15,571 companies. eRevalue provides a systematic process and insights into 100+ ESG issues, 1,800+ regulations and 6,100+ companies through proprietary data and research. MSCI rates over 6,000 companies globally and offers ESG integration products including ratings, indexes, and impact metrics from over 1,000 specialized datasets and company disclosures.
The document analyzes ESG data from Bloomberg for the five largest companies in the agriculture industry. It finds that Bunge has consistently received the highest ESG scores over the past five years. While Bunge reports on the most ESG metrics, most companies only report on governance indicators like the percentage of independent directors. The document compares companies' performance on key ESG indicators to industry peers and finds that Bunge and Ingredion report stronger data in some areas than their peers.
ESG and sustainability investing has become a major trend in the financial industry. Over $35 trillion is now invested according to sustainable investing strategies, representing one third of total assets under management globally. Major asset managers like BlackRock and banks like Nordea are increasingly integrating ESG factors into their investment decisions and excluding companies deemed unsustainable. Regulators are also supporting this shift through new rules requiring companies to report on their sustainability impacts and human rights due diligence practices.
The document provides a framework for developing and implementing a corporate sustainability strategy plan. It begins by discussing surveys that found awareness of sustainability's importance is growing among executives, but there is lack of consensus on what matters and how to measure its impact. The plan's goals are to help the company be recognized as accountable, assure capital market access, outperform on sustainability returns, and build reputation. The proposed framework involves 6 phases: 1) creating a sustainability culture, 2) mapping strategy areas, 3) benchmarking governance and finance standards, 4) assessing issues, 5) setting strategies and goals, and 6) an action plan. Benchmarking to standards like the Equator Principles and Dow Jones Sustainability Index can help lower costs
When we conducted our inaugural environmental, social and governance (ESG) survey of private equity (PE) professionals last year, it was startling to see that nearly half (49%) of our general partner (GP) respondents did not have an ESG program at their firm and had no plans to create one, despite heightened concern from limited partners (LPs) on ESG issues. What a difference a year makes—not to mention the fact that we had a higher proportion of European respondents this year, who are much more progressive when it comes to ESG issues. In our second edition of the ESG survey, a majority of GP respondents (60%) now work at a firm with an established ESG program and another 26% either have an ESG program in development or plan to create one in the near future. However, there are still some PE firms that see little value in ESG programs. As one GP respondent put it: “we think [ESG] is the most asinine initiative ever to come out in the business world.”
While some PE firms eschew ESG issues and think that strong fund performance is enough to attract LP commitments, the LPs themselves are telling a different story. Eighty-four percent of LP respondents say that ESG issues are at least somewhat important when deciding whether or not to commit to a PE fund, with 18% claiming they are essential. Furthermore, 24% said they would they would commit to a fund with slightly lower historical performance if the firm had a strong ESG program. Remember, many of the largest contributors to PE funds are public pension plans, endowments, foundations and sovereign wealth funds—institutions which not only are interested in returns but also have an image to maintain. “GPs have to be more aware of investors’ desire for knowledge of their investments beyond just the financial return,” commented one LP respondent, while adding that the responsibility ultimately falls on the investors: “GPs will only change if the LPs push them to.”
One of the big takeaways from this year’s survey is that more PE firms are taking the necessary steps to make ESG a fundamental part of their investment approach. For example, 28% of GP respondents indicated that their firm produces a corporate social responsibility (CSR) report, up from 18% in 2012. And while finding effective metrics to monitor ESG performance continues to be the largest hurdle for ESG efforts, PE firms continue to find new ways to measure their ESG initiatives and have increasingly utilized forums, case studies and industry events and guidelines to fill the knowledge gap.
We hope that this survey serves as a lens into the current state of ESG issues in the PE industry and provides a starting point for developing a set of best practices that can be adopted by firms of all sizes. If you are interested in participating in future editions of the survey, or have any comments or suggestions for how we can improve this report, please contact us at research@pitchbook.com.
ESG Is No Longer Optional. What Every Private Equity Manager Should KnowNavatar
Recording: https://www.youtube.com/watch?v=K5NBmZs84gY&feature=youtu.be
Responsible investment (or ESG), once a do-good sideshow, is becoming mainstream. Private equity managers must consider a host of issues, from gender diversity to carbon emissions, or risk losing investor capital and deals. The trend is only growing.
The challenge today is formalizing ESG policies to meet heightened standards. In this webinar, Navatar in conjunction with Invest Europe, brought together leading ESG thinkers from the industry to discuss how GPs should present their ESG framework to investors, what to consider during pre-investment due diligence, and ultimately portfolio monitoring and exit.
We address:
- Why your ESG strategy can make or break a deal
- What LPs want to see in your policies/practices
- Bringing your ESG DDQ to the next level
-Automation, plastics and other emerging ESG risks
Speakers:
- Maaike van der Schoot, Responsible Investment Officer, AlpInvest Partners
- James Holley, Head of ESG, Bridgepoint
- Graeme Ardus, Head of ESG, Triton Partners
- Jaideep Das, Partner, ERM
Topics that are needed innovation in ESG Imperative for sustainable management, investing, and development. Related references are provided for consulting innovation insights.
I. Innovation Agenda for ESG Metrics
II. Innovation Agenda for ESG Sustainability Analyses
The document discusses integrating risk management and auditing functions to improve a company's ability to achieve business objectives. It recommends that audits expand their scope beyond just compliance to focus on specific risk areas and functions. By sharing metrics and data between risk management and auditing, costs can be reduced and insurance decisions improved. Thinking in terms of risk exposure rather than just compliance allows for a more economic evaluation of expenses.
ekutir Nominated for sustainability champion awardShivani Modi
eKutir is an organisation that has been elementary to agricultural industry in India because of the technological advancement they are bringing while connecting them to the farmers in India.
The impact of Social Environmental Governance disclosure for investors: closi...Ardea International
How do investors use environmental social governance information? What investor led initiatives exist? What are the barriers? What are the trends in reporting?
Institutional investors are increasingly adopting ESG investing on a global scale. A survey of over 500 institutional investors found that more than half now fully integrate ESG into their investment approach, up from 36% in 2019. Motivations for ESG investing include obtaining better risk-adjusted returns and risk management. However, concerns around "greenwashing" where companies only pay lip service to ESG issues remain high. The lack of clear evidence linking ESG performance to financial performance also poses a barrier to greater ESG adoption.
OECD Workshop: Measuring Business Impacts on People’s Well-being, Chris LaszloStatsCommunications
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
OECD Workshop: Measuring Business Impacts on People’s Well-being, Jacques BergerStatsCommunications
The document introduces the Action Tank, an organization that builds social businesses and partnerships between companies, public actors, and NGOs to alleviate poverty. It provides several programs that have been piloted, including providing affordable transportation, home insurance, eye care, food for children, and housing. The Action Tank works with a network of partners, tests solutions experimentally, and aims to scale up successful programs. It is housed within the HEC business school and receives support from academic research and students.
Hands On China coordinates volunteer opportunities in Shanghai to address social and environmental challenges. It connects locals and foreigners with charities, and supports projects through donations, fundraising, and community development. MBA students also conduct research on sustainability issues in China. Transitioning to more sustainable and responsible practices requires addressing labor conditions, governance, product impacts, and developing strong community relationships internally and externally.
Refinitiv enables tailored integration of ESG into the research, investment vehicle creation, and investment management processes through audible, standardized data across all Environmental, Social and Governance pillars, transparent and customizable rating mechanism, and regularly updating controversies. Refinitiv provides a wide range of concorded historic and forward looking fundamental and pricing data, and value-add index calculation services supporting thematic investments. Refinitiv aims to be the next step in ESG Integration.
Sustainability has become an important issue on the business agenda for several reasons. Surveys show that over 90% of CEOs see sustainability as important to business success. Additionally, increasing public awareness of issues like climate change, pollution and human rights has put pressure on businesses to address sustainability. A number of political milestones and business events, from the Limits to Growth report to the Kyoto Protocol, have also brought sustainability to the forefront. While businesses initially resisted addressing sustainability issues, most now see benefits to integrating sustainability into their core strategies and operations for competitive advantage and long-term success.
Six growing trends in corporate sustainability 2013Jaime Sakakibara
Earlier this month Ernst & Young and GreenBiz Group released a new study, entitled ‘2013 Six Growing Trends in Corporate Sustainability.’ Based primarily on a survey of the GreenBiz Intelligence Panel of executives and thought leaders engaged in sustainability, this study reveals that “companies are increasingly connecting the dots between risk management and sustainability by making sustainability issues more prominent on corporate agendas.”
OECD Workshop: Measuring Business Impacts on People’s Well-being, Tom BeagentStatsCommunications
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
CSRHub, eRevalue, and MSCI provide ESG data, metrics, ratings and tools to help companies improve CSR performance and integrate ESG factors into investment decisions. CSRHub offers harmonized company ESG scores from 442 sources covering 15,571 companies. eRevalue provides a systematic process and insights into 100+ ESG issues, 1,800+ regulations and 6,100+ companies through proprietary data and research. MSCI rates over 6,000 companies globally and offers ESG integration products including ratings, indexes, and impact metrics from over 1,000 specialized datasets and company disclosures.
The document analyzes ESG data from Bloomberg for the five largest companies in the agriculture industry. It finds that Bunge has consistently received the highest ESG scores over the past five years. While Bunge reports on the most ESG metrics, most companies only report on governance indicators like the percentage of independent directors. The document compares companies' performance on key ESG indicators to industry peers and finds that Bunge and Ingredion report stronger data in some areas than their peers.
ESG and sustainability investing has become a major trend in the financial industry. Over $35 trillion is now invested according to sustainable investing strategies, representing one third of total assets under management globally. Major asset managers like BlackRock and banks like Nordea are increasingly integrating ESG factors into their investment decisions and excluding companies deemed unsustainable. Regulators are also supporting this shift through new rules requiring companies to report on their sustainability impacts and human rights due diligence practices.
The document provides a framework for developing and implementing a corporate sustainability strategy plan. It begins by discussing surveys that found awareness of sustainability's importance is growing among executives, but there is lack of consensus on what matters and how to measure its impact. The plan's goals are to help the company be recognized as accountable, assure capital market access, outperform on sustainability returns, and build reputation. The proposed framework involves 6 phases: 1) creating a sustainability culture, 2) mapping strategy areas, 3) benchmarking governance and finance standards, 4) assessing issues, 5) setting strategies and goals, and 6) an action plan. Benchmarking to standards like the Equator Principles and Dow Jones Sustainability Index can help lower costs
When we conducted our inaugural environmental, social and governance (ESG) survey of private equity (PE) professionals last year, it was startling to see that nearly half (49%) of our general partner (GP) respondents did not have an ESG program at their firm and had no plans to create one, despite heightened concern from limited partners (LPs) on ESG issues. What a difference a year makes—not to mention the fact that we had a higher proportion of European respondents this year, who are much more progressive when it comes to ESG issues. In our second edition of the ESG survey, a majority of GP respondents (60%) now work at a firm with an established ESG program and another 26% either have an ESG program in development or plan to create one in the near future. However, there are still some PE firms that see little value in ESG programs. As one GP respondent put it: “we think [ESG] is the most asinine initiative ever to come out in the business world.”
While some PE firms eschew ESG issues and think that strong fund performance is enough to attract LP commitments, the LPs themselves are telling a different story. Eighty-four percent of LP respondents say that ESG issues are at least somewhat important when deciding whether or not to commit to a PE fund, with 18% claiming they are essential. Furthermore, 24% said they would they would commit to a fund with slightly lower historical performance if the firm had a strong ESG program. Remember, many of the largest contributors to PE funds are public pension plans, endowments, foundations and sovereign wealth funds—institutions which not only are interested in returns but also have an image to maintain. “GPs have to be more aware of investors’ desire for knowledge of their investments beyond just the financial return,” commented one LP respondent, while adding that the responsibility ultimately falls on the investors: “GPs will only change if the LPs push them to.”
One of the big takeaways from this year’s survey is that more PE firms are taking the necessary steps to make ESG a fundamental part of their investment approach. For example, 28% of GP respondents indicated that their firm produces a corporate social responsibility (CSR) report, up from 18% in 2012. And while finding effective metrics to monitor ESG performance continues to be the largest hurdle for ESG efforts, PE firms continue to find new ways to measure their ESG initiatives and have increasingly utilized forums, case studies and industry events and guidelines to fill the knowledge gap.
We hope that this survey serves as a lens into the current state of ESG issues in the PE industry and provides a starting point for developing a set of best practices that can be adopted by firms of all sizes. If you are interested in participating in future editions of the survey, or have any comments or suggestions for how we can improve this report, please contact us at research@pitchbook.com.
ESG Is No Longer Optional. What Every Private Equity Manager Should KnowNavatar
Recording: https://www.youtube.com/watch?v=K5NBmZs84gY&feature=youtu.be
Responsible investment (or ESG), once a do-good sideshow, is becoming mainstream. Private equity managers must consider a host of issues, from gender diversity to carbon emissions, or risk losing investor capital and deals. The trend is only growing.
The challenge today is formalizing ESG policies to meet heightened standards. In this webinar, Navatar in conjunction with Invest Europe, brought together leading ESG thinkers from the industry to discuss how GPs should present their ESG framework to investors, what to consider during pre-investment due diligence, and ultimately portfolio monitoring and exit.
We address:
- Why your ESG strategy can make or break a deal
- What LPs want to see in your policies/practices
- Bringing your ESG DDQ to the next level
-Automation, plastics and other emerging ESG risks
Speakers:
- Maaike van der Schoot, Responsible Investment Officer, AlpInvest Partners
- James Holley, Head of ESG, Bridgepoint
- Graeme Ardus, Head of ESG, Triton Partners
- Jaideep Das, Partner, ERM
Topics that are needed innovation in ESG Imperative for sustainable management, investing, and development. Related references are provided for consulting innovation insights.
I. Innovation Agenda for ESG Metrics
II. Innovation Agenda for ESG Sustainability Analyses
The document discusses integrating risk management and auditing functions to improve a company's ability to achieve business objectives. It recommends that audits expand their scope beyond just compliance to focus on specific risk areas and functions. By sharing metrics and data between risk management and auditing, costs can be reduced and insurance decisions improved. Thinking in terms of risk exposure rather than just compliance allows for a more economic evaluation of expenses.
ekutir Nominated for sustainability champion awardShivani Modi
eKutir is an organisation that has been elementary to agricultural industry in India because of the technological advancement they are bringing while connecting them to the farmers in India.
The impact of Social Environmental Governance disclosure for investors: closi...Ardea International
How do investors use environmental social governance information? What investor led initiatives exist? What are the barriers? What are the trends in reporting?
Institutional investors are increasingly adopting ESG investing on a global scale. A survey of over 500 institutional investors found that more than half now fully integrate ESG into their investment approach, up from 36% in 2019. Motivations for ESG investing include obtaining better risk-adjusted returns and risk management. However, concerns around "greenwashing" where companies only pay lip service to ESG issues remain high. The lack of clear evidence linking ESG performance to financial performance also poses a barrier to greater ESG adoption.
OECD Workshop: Measuring Business Impacts on People’s Well-being, Chris LaszloStatsCommunications
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
OECD Workshop: Measuring Business Impacts on People’s Well-being, Jacques BergerStatsCommunications
The document introduces the Action Tank, an organization that builds social businesses and partnerships between companies, public actors, and NGOs to alleviate poverty. It provides several programs that have been piloted, including providing affordable transportation, home insurance, eye care, food for children, and housing. The Action Tank works with a network of partners, tests solutions experimentally, and aims to scale up successful programs. It is housed within the HEC business school and receives support from academic research and students.
OECD Workshop: Measuring Business Impacts on People’s Well-being, Shann TurnbullStatsCommunications
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
OECD Workshop: Measuring Business Impacts on People’s Well-being, Christine R...StatsCommunications
Veolia is committed to promoting well-being through its operations and projects. Access to resources like water is crucial to economic growth but also presents environmental challenges. Veolia works to develop sustainable solutions for water access, pollution treatment, and the circular economy. It measures the social impact of its projects through frameworks like SROI. Examples include incubating startups in regions through programs like POP Ups, and the Veolia Foundation's work with the Global Alliance Against Cholera to respond to water-borne diseases. Promoting well-being requires partnerships and scaling efforts to benefit businesses and the planet.
OECD Workshop: Measuring Business Impacts on People’s Well-being, Young Lee a...StatsCommunications
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
OECD Workshop: Measuring Business Impacts on People’s Well-being, Nashat MoinStatsCommunications
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
OECD Workshop: Measuring Business Impacts on People’s Well-being, Fabian SalumStatsCommunications
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
OECD Workshop: Measuring Business Impacts on People’s Well-being, Philippe Pe...StatsCommunications
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
OECD Workshop: Measuring Business Impacts on People’s Well-being, Filipe SilvaStatsCommunications
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
OECD Workshop: Measuring Business Impacts on People’s Well-being, Hunter LovinsStatsCommunications
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
OECD Workshop: Measuring Business Impacts on People’s Well-being, Pierre PoretStatsCommunications
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
OECD Workshop: Measuring Business Impacts on People’s Well-being, Michael PirsonStatsCommunications
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
NEF: Measuring Social Impact (for LVSC's London For All project, Oct 2014)lvscsteve
The document discusses basic principles of measuring social impact. It explains that traditional financial measures provide a limited view of value and that stakeholders should be involved in decision making. The key aspects of social impact measurement are identifying impacts, measuring impacts, claiming net impact, and valuing net impact. Some principles of understanding impact are involving stakeholders, understanding what changes, only including material factors, and being transparent without overclaiming results. Case studies show how organizations have applied these principles to shift their focus to outcomes and better articulate their social impacts.
The document introduces Outcome Mapping, a method for planning and assessing social change projects. It was developed in the 1990s as an alternative to traditional logical framework and results-based management approaches. Outcome Mapping focuses on influencing boundary partners' behaviors rather than attributing impact. It defines progress markers to track non-linear changes in partners over time. The method has been used successfully by organizations like VECO and St2eep to integrate monitoring and evaluation into project planning and promote learning.
Congruence of Eco Friendly Brand Image and Employee RetentionPinaki Basu
This document summarizes a presentation about the relationship between an eco-friendly brand image and employee retention. It discusses how green initiatives can increase employee morale, loyalty, and skills like teamwork and communication. Implementing these programs helps attract customers and differentiate the brand from competitors. The presentation finds that 93% of employees feel more pride in a company that supports environmental and social causes. Having a green brand image was ranked as one of the most important retention factors for employees, second only to growth opportunities. The conclusion is that an eco-friendly image positively impacts both employee engagement and retention.
Barbara fagan smith iabc houston presentation on measurement, oct. 2013 - for...IABC Houston
The document discusses the importance of measuring communication performance to understand how well communication supports business objectives and to identify areas for improvement. It recommends developing a measurement strategy and dashboard to track metrics related to communication objectives, business impact, audience reach, and behavior change. The remainder of the document describes the ROI Communication Benchmark study which measures the relationship between communication practices and financial performance at leading companies. It finds that companies with stronger leader/manager communication and measurement practices tend to have higher returns.
Barbara fagan smith iabc houston presentation on measurement, oct. 2013 - for...Barbara Fagan-Smith
The document discusses the importance of measuring communication performance to understand how well communication supports business objectives and to identify areas for improvement. It recommends developing a measurement strategy and dashboard to track metrics related to communication objectives, business impact, audience knowledge and behaviors. The document also summarizes findings from the 2013 ROI Communication Benchmark survey that show a link between effective communication practices like leader involvement and financial performance. Overall, the key recommendation is that communication professionals measure the impact and effectiveness of communication programs in order to improve outcomes.
Barbara fagan smith iabc houston presentation on measurement, oct. 2013 - for...Barbara Fagan-Smith
The document discusses building executive support for communication measurement through understanding performance, developing metrics, and creating dashboards. It recommends a 4-step process: 1) defining communication success, 2) identifying metrics, 3) assessing current metrics, and 4) creating a measurement strategy. Different levels of measurement are described from access to financial impact. Case studies of communication dashboards and an employee communication benchmark survey are provided, highlighting best practices around staffing, budget, and focus areas. The presentation emphasizes measuring communication effectiveness and comparing performance to drive improvement.
This document discusses how systems thinking can support sustainable development in monitoring and evaluation. It begins by defining sustainable development and the key aspects of sustainability. It then discusses theories of change and how they can be used to design for and evaluate sustained impact. Finally, it introduces systems thinking and how considering feedback loops, environmental conditions, adaptation, critical paths and other systems concepts can help create more sustainable programs and better evaluations by accounting for complex, dynamic systems. The overall message is that incorporating systems thinking into theories of change may help design more sustainable programs and conduct more useful evaluations.
Beyond Employee Engagement: Using New Metrics to Embed Sustainability through...Sustainable Brands
Jeff Mendelsohn, Founder & Chair, New Leaf Paper
Rachel Parikh, Director, Sustainability, SAP
Lindsay Stoda, Senior Business Analyst, Interface
Christopher Miller, Social Mission Activism Manager, Ben & Jerry's
How do companies quantify the value of successful employee engagement initiatives? What are the current best practices around incorporating tangible on-the-ground HR incentives tied to recruiting, performance assessment, compensation, and competency building? What does it take to effectively drill down objective and subjective performance criteria and goals to the level of every employee?
The document summarizes ARUN's social impact measurement framework and findings from a JICA research project. Key points include:
1) ARUN evaluates social enterprises based on both social/developmental criteria and business/management criteria to assess overall impact.
2) The evaluation focuses on both outputs and outcomes to understand how outputs lead to impact.
3) ARUN's evaluation considers both quantitative metrics and a process-oriented qualitative assessment through regular dialogue to understand impact over time.
4) While global frameworks inform ARUN's approach, they develop their own customized scheme aligned with their mission and social goals.
Ours to win Flipping the argument for nonprofit effectivenessDaniel Hayden
Presentation at the Mission Driven Management Summit sponsored by Ascendant Strategy Management Group. This presentation discusses the advantage that NGOs truly motivational values to inspire staff.
The document discusses how companies can create social change to build their brands through shared value strategies. It argues that shared value, by addressing social and environmental issues, can help companies achieve economic success while also creating value for society. It provides examples of how brands can embed sustainability into their marketing, engage stakeholders on issues that affect their industries, and generate positive returns through shared value campaigns that benefit both their business and society. The document advocates for an integrated approach where marketing leads efforts to align brand culture, business objectives, and stakeholder engagement with the goal of social change.
The document provides an introduction to social performance in microfinance. It defines social performance as the effective translation of an institution's mission into practice in line with accepted social values. It discusses commonly accepted social values like serving poorer clients sustainably and improving financial services. It outlines how to achieve the mission through performance management and managing for social results. The document details the social performance pathway and dimensions of social performance like impact, intent and design, internal systems, outputs, outcomes, and impact. It provides examples from the field and recommendations on how to get started with social performance assessments.
The document discusses how leaders can create sustainable organizations that deliver value for all stakeholders. It finds that while executives recognize the importance of sustainability, it often remains a secondary priority compared to financial performance. There are also significant gaps between how executives rate their organization's sustainability performance versus other stakeholders like employees, consumers, and citizens. The document introduces the concept of "Sustainability DNA" - comprised of 21 practices across 10 enablers - that can help organizations strengthen human connections, collective intelligence, and accountability to become more sustainable and create lasting value for stakeholders. Organizations with strongly embedded Sustainability DNA are found to outperform peers on both profitability and positive social and environmental outcomes.
Conscious Creatives Impact Communcations Pitch DeckMark Roberts
Are you looking to drive new business while maintaining high ethical standards? Conscious Creatives is an Impact Communications agency specialising in revenue driving marketing celebrating your companies positive social and environmental impact.
C2 101 social sector overview conjunct consulting and frameworkssmuconjunct
The document provides an overview of training for social sector work. It discusses key frameworks for understanding the social sector ecosystem, distinguishing between projects and cases, and analyzing issues. The training covers the elements of a Theory of Change, including defining the problem, intended impact, strategies and activities, and anticipated outputs, outcomes and long-term goals. Attendees will learn how to apply these frameworks to effectively structure social sector work.
#SocialFootprint: How Understanding Your Products' Social Impacts Will Create...Sustainable Brands
Social metrics are the new vanguard of sustainability. In a world of fast-paced communications, businesses need social impact data to find improvement opportunities and differentiate their products in the market. Consumers expect transparency of product impact on environmental and social issues.
Until now, there has not been a practical business tool that can be used by companies to assess the social impacts of their products.
Introducing the 'Handbook for Product Social Impact Assessment'; developed by PRé Sustainability and a Roundtable of 12 leading companies: Ahold, AkzoNobel, BASF, BMW Group, DSM, L'Oréal, Marks & Spencer, Philips, RB, Steelcase, The Goodyear Tire & Rubber Company, and a chemical company. The Handbook provides companies with a tool to understand risks and opportunities for product development, supply chain selection, and collaboration, and to improve reporting and communication in a credible way.
What You Will Learn:
Uncover why and how the social footprint of your products affects your business.
Learn how social footprinting can help you to understand possible risks and improvement opportunities for product development, supply chain selection, and collaboration.
Gain insights into unique corporate cases: learn how BMW, DSM and other members applied the methodology to assess the social impacts of their products.
Learn about the most common challenges expected and how to tackle them.
Gain insights into the next phase for development of the Product Social Footprinting methodology and the Round Table for Product Social Metrics.
CMG Measurement and CSR selected slides for SXSW Eco May 2013Phillip Clawson
This document discusses components of corporate social responsibility and measurement. It covers the following key points:
- Corporate social responsibility has several components including environmental sustainability, business practices, leveraging relationships, ethics and transparency, internal people strategies, and allocating money, resources and time.
- Measurement of corporate social responsibility is important for both proving impact to stakeholders and improving strategies. Metrics should measure inputs, outputs, and outcomes.
- Developing a "theory of change" that links activities to expected results can help guide measurement and strategy. A variety of quantitative and qualitative measures should be used to evaluate performance.
Similar to OECD Workshop: Measuring Business Impacts on People’s Well-being, Nicola Dragonetti (20)
OECD Knowledge Exchange Platform on Well-being Metrics and Policy Practice (KEP): Virtual Workshop 1, 13 June 2024
Summarising the complexity of well-being data and evidence: Reporting and communicating on well-being dashboards
OECD Knowledge Exchange Platform on Well-being Metrics and Policy Practice (KEP): Virtual Workshop 1, 13 June 2024
Summarising the complexity of well-being data and evidence: Reporting and communicating on well-being dashboards
Knowledge Exchange Platform (KEP) Workshop 1 - Kate Chalmers.pdfStatsCommunications
OECD Knowledge Exchange Platform on Well-being Metrics and Policy Practice (KEP): Virtual Workshop 1, 13 June 2024
Summarising the complexity of well-being data and evidence: Reporting and communicating on well-being dashboards
OECD Knowledge Exchange Platform on Well-being Metrics and Policy Practice (KEP): Virtual Workshop 1, 13 June 2024
Summarising the complexity of well-being data and evidence: Reporting and communicating on well-being dashboards
OECD Knowledge Exchange Platform on Well-being Metrics and Policy Practice (KEP): Virtual Workshop 1, 13 June 2024
Summarising the complexity of well-being data and evidence: Reporting and communicating on well-being dashboards
OECD Knowledge Exchange Platform on Well-being Metrics and Policy Practice (KEP): Virtual Workshop 1, 13 June 2024
Summarising the complexity of well-being data and evidence: Reporting and communicating on well-being dashboards
Knowledge Exchange Platform (KEP) Workshop 1 - Kate Scrivens.pdfStatsCommunications
OECD Knowledge Exchange Platform on Well-being Metrics and Policy Practice (KEP): Virtual Workshop 1, 13 June 2024
Summarising the complexity of well-being data and evidence: Reporting and communicating on well-being dashboards
OECD Knowledge Exchange Platform on Well-being Metrics and Policy Practice (KEP): Virtual Workshop 1, 13 June 2024
Summarising the complexity of well-being data and evidence: Reporting and communicating on well-being dashboards
Globally inclusive approaches to measurement_Shigehiro Oishi.pdfStatsCommunications
This document discusses measurement issues in comparing well-being and culture across countries. It covers 5 main issues: 1) Response styles may not fully explain differences in life satisfaction scores between countries. 2) Well-being items do not always function the same way across cultures, though lack of measurement equivalence only partly explains score differences. 3) Self-presentation and 4) judgmental/memory biases may also contribute to differences to a small-moderate degree. 5) The meaning and desirability of happiness differs across cultures, which can further impact scores. The document also advocates developing indigenous well-being measures that are meaningful within each local context.
Globally inclusive approaches to measurement_Erhabor Idemudia.pdfStatsCommunications
This document discusses considerations for developing quality of life measures from an African perspective. It notes that many existing QoL instruments were developed for Western populations and do not account for cultural differences. In Africa, concepts like happiness are more closely tied to collective well-being and social harmony rather than individualism. The document also outlines some key African beliefs, like Ubuntu, which emphasizes interconnectedness. It argues that QoL measures for Africa must assess both objective and subjective domains, and be grounded in cultural values like family, community, and spirituality rather than only Western individualistic norms. Developing culturally appropriate QoL measures is important for capturing well-being in a meaningful way.
Globally inclusive approaches to measurement_Rosemary Goodyear.pdfStatsCommunications
Stats NZ has taken several steps to incorporate Māori perspectives when measuring quality of life and well-being in New Zealand. This includes developing the Te Kupenga Māori social survey, incorporating some concepts from Te Kupenga into the General Social Survey, working with partners on using administrative data for Māori, and trialling iwi-led data collections for the Census. Te Kupenga uses frameworks like Whare Tapu Whā and focuses on cultural well-being areas like spirituality, customs, te reo Māori, and social connectedness. It provides statistics on these areas as well as demographics, paid work, health, and other topics from a Māori
A better understanding of domain satisfaction: Validity and policy use_Alessa...StatsCommunications
The document discusses Italy's inclusion of domain satisfaction indicators in its framework for measuring well-being (BES). It provides background on Italy's system of social surveys and outlines the development of the BES project, which aims to measure equitable and sustainable well-being. The BES framework includes 12 domains of well-being and over 150 indicators, including subjective well-being indicators and indicators measuring satisfaction within other domains like health, work, relationships, safety, environment and more. The document presents examples of domain satisfaction indicators and trends over time in areas like friends relations and landscape satisfaction.
A better understanding of domain satisfaction: Validity and policy use_Anthon...StatsCommunications
Domain satisfaction measures provide valid and useful information about people's lives beyond overall life satisfaction. Research has found that domain satisfaction captures different aspects of well-being than objective indicators alone, and that different life domains contribute differently to individual happiness. While domain satisfaction may be socially constructed and culturally variable, current policy efforts can still benefit from considering subjective experiences of satisfaction across life domains. Future research opportunities include exploring the multidimensional relationships between domain satisfaction and broader concepts of well-being.
A better understanding of domain satisfaction: Validity and policy use_Marian...StatsCommunications
Domains of life are important for understanding life satisfaction and informing better policymaking. The document discusses four key points:
1) It is important to consider multiple domains of life, not just economic factors, to understand people's overall well-being.
2) Domains of life represent different areas that people spend their time and where they make decisions, such as family, health, work, community.
3) Considering domains of life can provide insight into life satisfaction and help create more effective policies in areas like health, education, and social programs.
4) Current government institutions and policies can be better aligned to impact the domains of life that influence overall life satisfaction.
Measuring subjective well-being in children and young people_Sabrina Twilhaar...StatsCommunications
This document summarizes Sabrina Twilhaar's presentation on new frontiers in subjective well-being measurement for children. It discusses Bronfenbrenner's ecological systems theory and how children's well-being is influenced by multiple levels including micro (family, peers), meso (school), exo (neighborhood), and macro (culture, economy) systems. It then reviews literature on conceptualizing and measuring hedonic and eudaimonic well-being in children, noting gaps like a focus on life satisfaction over affect. Research finds children's well-being varies by age and sex, and is associated with family relationships and bullying. Overall, more work is needed to develop valid cross-cultural measures of multiple
Towards a more comprehensive measure of eudaimonia_Nancy Hey.pdfStatsCommunications
This document summarizes recent research on measuring subjective well-being, with a focus on measuring how worthwhile people feel the things they do in life are. Some key findings include:
- In the UK, on average people rate their sense that the things they do are worthwhile at 7.86 out of 10, while 3.8% rate it between 0-4 out of 10.
- People in their late 60s and early 70s report the highest sense of worthwhile, while people over 85 and those aged 18-24 report the lowest.
- Factors associated with a higher sense of worthwhile include being older than 45/55, female, white, belonging to a religion, home ownership, higher income
Towards a more comprehensive measure of eudaimonia_Carol Graham.pdfStatsCommunications
1) The document discusses measuring hope as a distinct dimension of well-being, in addition to evaluative, hedonic, and eudaimonic measures. Hope is strongly linked to future-oriented behavior and investing in one's future.
2) Research has found unequal distributions of hope can act as a barrier to health and prosperity. People with higher hope are more likely to aspire to and achieve education and avoid risky behaviors. They also earn more, have stronger social connections, and live longer, healthier lives.
3) Areas and communities with high despair show vulnerabilities like increased deaths of despair, misinformation, and radicalization. Restoring hope is important for mental health recovery and addressing societal threats
Enhanced data collection methods can help uncover the true extent of child abuse and neglect. This includes Integrated Data Systems from various sources (e.g., schools, healthcare providers, social services) to identify patterns and potential cases of abuse and neglect.
Introduction to Jio Cinema**:
- Brief overview of Jio Cinema as a streaming platform.
- Its significance in the Indian market.
- Introduction to retention and engagement strategies in the streaming industry.
2. **Understanding Retention and Engagement**:
- Define retention and engagement in the context of streaming platforms.
- Importance of retaining users in a competitive market.
- Key metrics used to measure retention and engagement.
3. **Jio Cinema's Content Strategy**:
- Analysis of the content library offered by Jio Cinema.
- Focus on exclusive content, originals, and partnerships.
- Catering to diverse audience preferences (regional, genre-specific, etc.).
- User-generated content and interactive features.
4. **Personalization and Recommendation Algorithms**:
- How Jio Cinema leverages user data for personalized recommendations.
- Algorithmic strategies for suggesting content based on user preferences, viewing history, and behavior.
- Dynamic content curation to keep users engaged.
5. **User Experience and Interface Design**:
- Evaluation of Jio Cinema's user interface (UI) and user experience (UX).
- Accessibility features and device compatibility.
- Seamless navigation and search functionality.
- Integration with other Jio services.
6. **Community Building and Social Features**:
- Strategies for fostering a sense of community among users.
- User reviews, ratings, and comments.
- Social sharing and engagement features.
- Interactive events and campaigns.
7. **Retention through Loyalty Programs and Incentives**:
- Overview of loyalty programs and rewards offered by Jio Cinema.
- Subscription plans and benefits.
- Promotional offers, discounts, and partnerships.
- Gamification elements to encourage continued usage.
8. **Customer Support and Feedback Mechanisms**:
- Analysis of Jio Cinema's customer support infrastructure.
- Channels for user feedback and suggestions.
- Handling of user complaints and queries.
- Continuous improvement based on user feedback.
9. **Multichannel Engagement Strategies**:
- Utilization of multiple channels for user engagement (email, push notifications, SMS, etc.).
- Targeted marketing campaigns and promotions.
- Cross-promotion with other Jio services and partnerships.
- Integration with social media platforms.
10. **Data Analytics and Iterative Improvement**:
- Role of data analytics in understanding user behavior and preferences.
- A/B testing and experimentation to optimize engagement strategies.
- Iterative improvement based on data-driven insights.
End-to-end pipeline agility - Berlin Buzzwords 2024Lars Albertsson
We describe how we achieve high change agility in data engineering by eliminating the fear of breaking downstream data pipelines through end-to-end pipeline testing, and by using schema metaprogramming to safely eliminate boilerplate involved in changes that affect whole pipelines.
A quick poll on agility in changing pipelines from end to end indicated a huge span in capabilities. For the question "How long time does it take for all downstream pipelines to be adapted to an upstream change," the median response was 6 months, but some respondents could do it in less than a day. When quantitative data engineering differences between the best and worst are measured, the span is often 100x-1000x, sometimes even more.
A long time ago, we suffered at Spotify from fear of changing pipelines due to not knowing what the impact might be downstream. We made plans for a technical solution to test pipelines end-to-end to mitigate that fear, but the effort failed for cultural reasons. We eventually solved this challenge, but in a different context. In this presentation we will describe how we test full pipelines effectively by manipulating workflow orchestration, which enables us to make changes in pipelines without fear of breaking downstream.
Making schema changes that affect many jobs also involves a lot of toil and boilerplate. Using schema-on-read mitigates some of it, but has drawbacks since it makes it more difficult to detect errors early. We will describe how we have rejected this tradeoff by applying schema metaprogramming, eliminating boilerplate but keeping the protection of static typing, thereby further improving agility to quickly modify data pipelines without fear.
Predictably Improve Your B2B Tech Company's Performance by Leveraging DataKiwi Creative
Harness the power of AI-backed reports, benchmarking and data analysis to predict trends and detect anomalies in your marketing efforts.
Peter Caputa, CEO at Databox, reveals how you can discover the strategies and tools to increase your growth rate (and margins!).
From metrics to track to data habits to pick up, enhance your reporting for powerful insights to improve your B2B tech company's marketing.
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This is the webinar recording from the June 2024 HubSpot User Group (HUG) for B2B Technology USA.
Watch the video recording at https://youtu.be/5vjwGfPN9lw
Sign up for future HUG events at https://events.hubspot.com/b2b-technology-usa/
We are pleased to share with you the latest VCOSA statistical report on the cotton and yarn industry for the month of March 2024.
Starting from January 2024, the full weekly and monthly reports will only be available for free to VCOSA members. To access the complete weekly report with figures, charts, and detailed analysis of the cotton fiber market in the past week, interested parties are kindly requested to contact VCOSA to subscribe to the newsletter.
Build applications with generative AI on Google CloudMárton Kodok
We will explore Vertex AI - Model Garden powered experiences, we are going to learn more about the integration of these generative AI APIs. We are going to see in action what the Gemini family of generative models are for developers to build and deploy AI-driven applications. Vertex AI includes a suite of foundation models, these are referred to as the PaLM and Gemini family of generative ai models, and they come in different versions. We are going to cover how to use via API to: - execute prompts in text and chat - cover multimodal use cases with image prompts. - finetune and distill to improve knowledge domains - run function calls with foundation models to optimize them for specific tasks. At the end of the session, developers will understand how to innovate with generative AI and develop apps using the generative ai industry trends.