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Sustainability Projects
"Every
single pressing social and global issue of our time is a business
opportunity."
Peter
Drucker
Author,
Teacher, Consultant
Board Sustainability Expert
Gib Hedstrom was asked by a $10B chemical company to provide a 45-minute external report on "Sustainability: Update, Trends and Implications" for a Board of Directors committee meeting in July, 2010.
Keynote Speaker - Annual Sustainability Meeting
Gib Hedstrom was asked to be the keynote speaker at the annual Novartis sustainability conference in May, 2009 and again in June 2010.
Sustainability Ratings Analysis
In early 2010, we were asked by a Fortune 20 company and a Fortune 100 company to help an internal team come to grips with the hundred-odd external sustainability ratings. We updated our database of ratings; conducted extensive analysis on their audience, methodologies, rigor, reputation; and geographic status - and then selected a "top ten" to pay most attention to. We update our analysis quarterly.
Conference Board Council
As director of The Conference Board's EH&S Officers' Council, we organize meetings of our 65 members. The main themes from our 2010 meetings have been sustainability strategy; external sustainability ratings; product risk management; supply chain stewardship; and carbon risks and opportunities.
Corporate
Sustainability Strategy
For
a Fortune 500 global building products firm, Hedstrom Associates
recently developed a comprehensive corporate sustainability strategy.
Our work involved competitive benchmarking, executive interviews,
sustainability workshops, in-depth analysis of competitive opportunities
and a special focus in risks and opportunities associated with global
warming.
Sustainability
Reporting
Hedstrom
Associates continues to work with many major multinational corporations
to provide support with their sustainability reports. During the
past year we assisted a major European-based multinational, a major
US-based multinational chemical company, and a small, privately
held company in developing well-founded sustainability reports.
Drawing on two dozen years of experience and a strong network of
third parties who are involved in rating sustainability reports,
we provide guidance on how to position the report for the maximum
benefit of internal and external stakeholders.
Long-Term
Sustainability Goals
A
Fortune 250 company asked Hedstrom Associates to participate in
an internal team developing new five-year sustainability goals.
Drawing on our experience as a founding member of the Global Reporting
Initiative and our insights gained from working with many other
companies, we provided what the client called "extremely valuable"
support. The CEO accepted the team's proposed goals.
Business
Case for Sustainable Development
A
major global company asked Hedstrom Associates to help a cross-functional
team determine the business value of taking a proactive stance on
sustainable development. We benchmarked leaders in the industry,
using our "Sustainability Scorecard" to rate the client
company and its competitors.
Twenty-First
Century Redesign of SRI Rating Criteria
One
of the best known socially responsible investment funds asked Hedstrom
Associates to conduct a complete "top to bottom" review
of its strategy, processes, criteria, and detailed methodology for
rating corporations. We conducted several high-level strategy sessions,
independently audited the existing processes, developed proposed
recommendations, guided the client with internal process changes,
and ultimately revised the internal database to support the new
strategy.
PEMEX
Sustainable Development Strategy
Hedstrom
Associates was asked by PA Consulting Group to continue assisting
PEMEX
with development of its Sustainable Development Strategy. We tailored
our Sustainable Development Scorecard to reflect issues most critical
to Mexico, evaluated information from prior interviews with top
management, and developed a presentation used at the annual PEMEX
Sustainable Development Week.
Benchmarking
Corporate Responsibility Leaders
As
input into a multinational company's strategic planning process,
Hedstrom Associates staff conducted a benchmarking on sustainability-related
positioning, goals, and actions of competitors, customers, and leaders.
Twenty-First
Century Sustainability Management System
Working
for the president of a new venture within a Fortune 100 company,
we built a robust twenty-first century management system, reflecting
both traditional EHS issues and new environmental and social drivers
that will grow in importance in the years ahead.
ePulse
Data Tracking and Analysis
ePulse is a technology and service offering that helps clients stay
up to date on current news and emerging issues. While it can be
used for virtually any subject, we are using it primarily to deliver
targeted, timely intelligence on global environmental, social, and
governance (ESG) trends and corporate responses. Working with several
clients for the past four years, we provide reports that help them:
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Keep their finger on the pulse of emerging ESG developments;
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See relevant changes as they are made to selected competitor (and
other) websites without having to trawl through those sites to
see if anything is new; and
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Selectively override the laborious process of reading journals
and searching the web for competitive insights and emerging issues,
thus saving money while improving their competitive intelligence.
ePulse
is a proprietary technology of Krupp Consulting Inc., one of our
key partners. (Learn more - ePulse)
Carbon
Management Strategy
For a Fortune 500 company in the building industry, we recently
completed a detailed analysis of carbon trends regulatory
and non-regulatory. We analyzed state-by-state current and pending
carbon legislation, reviewed the latest corporate best practices
and trends, and updated our analysis of global greenhouse gas and
carbon trends. We used this information, along with competitive
benchmarking, to develop a robust carbon strategy for our client.
Today, despite a poor economy, our client is moving ahead aggressively
with implementation of our proposed carbon (and broader sustainability)
strategy.
Executive
Sustainability Workshops
We have designed and run dozens of several-day workshops on sustainability
for clients ranging in size from Fortune 50 companies to small,
privately-held companies. Following a design that we have honed
over the years, we typically start with a dinner and evening speaker
to provide a provocative introduction to sustainability. Then for
the next day and a half we work through a simple framework starting
with a look at where the client wants to be in the future, followed
by a brutally honest look at where they are today. We end with identification
of the critical few high leverage initiatives and concrete
action plans to present to the senior executive who is the sponsor
of sustainability within the company.
Sustainability
Training
We are frequently asked to conduct sustainability training sessions
for groups of employees. Drawing on our experience having conducted
many hundreds of training sessions over 20 years (in environmental
auditing, environmental management systems, quality, and sustainability),
we combine critical elements of theory with practical examples of
corporate action and active participant involvement in small group
exercises and group discussion. As certified Natural Step trainers,
we combine the fundamental principles of sustainability with our
years of practical experience and insight into corporate actions
and best practices.
See
Sustainability Services
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