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Newsletter
Year 2, no. 7
July - August 2014

THE NETWORK

The Global Compact Network Italy (GCNI) was established in 2002 to contribute to the development in Italy of the "Global Compact", a project designed to promote the culture of corporate citizenship launched, in 1999, by the then Secretary-General of the United Nations Kofi Annan.

Considering this objective, the Network operates as an information platform, giving support and coordination to Italian companies and organizations which resolve to share, support and employ a whole range of universal principles in matters of human rights, labour, environment and the fight against corruption, thereby contributing to the accomplishment of "a more wide-ranging and sustainable global economy".

In June 2013, the GCNI became legally established as the Global Compact Network Italy Foundation.

Currently, 38 organizations adhere to the Foundation as founders or participants.

NEWS FROM THE FOUNDATION

XII Annual Local Network Forum of the UN Global Compact. The XII Annual Local Networks Forum of the United Nations Global Compact was held from 10th to 12th June in Addis Ababa. The meeting aimed to lay the foundations for the start of a process of growth of the Global Compact in countries around the world, through enhancing UNGC governance measures  and the presentation of new tools and guidelines to strengthen the potential of local networks in their daily activities, and this has led to important results, including the adoption of a new Memorandum of Understanding (MoU). The new MoU includes measures to: (1) require annual activity and financial reporting from networks; (2) improve alignment with the Global Compact integrity measures, particularly concerning logo usage and dialogue facilitation; and (3) strengthen support to local networks by outlining 18 responsibilities of the Global Compact Office, including increased communication and disclosure about activities and finances, and support to local networks through recruitment and participant training. In addition, during the Forum, new tools and resources such as the Global Compact Local Network Report 2013 were presented which accurately describe the initiatives implemented by the Local Networksand the results achieved by those on the path towards promoting global corporate sustainability.
For further information about ALNFs, click here

UN Private Sector Forum 2014 (September 23rd, New York). UN Secretary-General Ban Ki-moon has convened the UN Private Sector Forum during the opening session of the General Assembly since 2008, in order to allow the voice of the private sector to be heard in inter-governmental debates on key topics. This year, the UN Private Sector Forum will be held during the high-level luncheon of the UN Secretary-General’s Climate Summit. The theme of this year’s Forum will be carbon pricing, focusing on actions that the public and private sectors can take in order to achieve an equitable and fair valuation of carbon through long-term strategies, investments and policies. Convened by the UN Global Compact in close cooperation with the World Bank Group, and with the support of UN partners, the Private Sector Forum will provide a unique platform for Governments and businesses to demonstrate their leadership on climate change.
For further information on the event, click here

New organizations joining the GCNI Foundation. The Global Compact Network Italy Foundation Board of Directors met on July 1st and reviewed and approved the application for membership submitted to the Foundation by Salini Impregilo S.p.A. and OSRAM S.p.A. (for the acquisition of "Founding Members" status) and GDF SUEZ Energia S.p.A Italy (for the acquisition of "Participant" status). Also at the same meeting the Executive Council validated A2A S.p.A.’s application to formalize their status as a "Participant" (the company has in fact participated in the program activities of the Foundation since its establishment on June 10th, 2013). To see the list of the GCNI Foundation adhering organizations, click here

United Nations Global Compact Activity Report 2013. The UNGC has published its Activity Report 2013. This document describes the results achieved by the initiative during the year of reference, highlighting the main activities, partners, governance and accountability measures. The Report, produced by the UN Global Compact Office in collaboration with the Global Compact Foundation, aims to increase transparency and accountability with regard to all the activities implemented by the Global Compact, in line with the accounting commitments towards the sustainability policies undertaken by the organizations participating in the initiative. To download the document, click here

GCNI Foundation’s Press review: “Frey: con il Global Compact ONU si afferma la cultura della sostenibilità” - Year 1 Number 2 (May 2014) Newsletter “Welfare 24” produced by Radiocor in collaboration with Assidai.

UPCOMING INITIATIVES

"Reporting" Working Group: update on activities. On the fringe of the GCNI Foundation "Reporting" Working Group activities a web-meeting has been organized for July 23rd (from 10.00 a.m. to 12.00 p.m.), which is restricted to the organizations that have submitted a statement as part of the comparison path about corporate cases on "the principle of materiality and reporting" implemented by the Working Group (ACEA, Ansaldo STS, Eni, EniPower, Italcementi, Snam, Terna and UniCredit). The meeting, which will focus on the drafting of an initial summary document about the results of the thematic analysis work, will be coordinated by the Foundation in collaboration with FEEM - Eni Enrico Mattei Foundation and the University Ca’ Foscari in Venice. The output of the meeting will be shared with all the members of the Working Group at the next meeting to be held in September.

The "Anti-Corruption" Working Group: upcoming meeting. The GCNI Foundation "Anti-Corruption" Working Group continues to be involved in the in-depth study of the issues whose importance was highlighted by the "Matrix corporate risk areas" produced by the same Group. It has recently finished the first phase of the course of study, which focused on the first topic selected by the Group from among those identified by the Matrix (corporate policies and procedures for managing agents, consultants and intermediaries). The Group is preparing now to launch a second phase of sharing and comparing business cases on the new thematic focus "granting of gifts, representation or hospitality expenses, including travel organization or promotion to third parties." To this end, the Working Group will meet again after the summer break on Thursday, September 18th. The meeting, which will start at 2.30 pm and end at 4.30 pm, will take place via a web-meeting. For more information on the activities of this Working Group, please contact: l.lamberti@globalcompactnetwork.org

NETWORK NEWS IN SHORT

NEW EDITION OF THE CA’ FOSCARI MASTER IN “MANAGEMENT OF SUSTAINABILITY AND CARBON FOOTPRINT”

During the event “Food&Sustainability – Perché l’agroalimentare è tre volte sostenibile”, held on 9th June 2014 in Ca’ Foscari University of Venice, took place also the commencement ceremony to participants of  Specialist Master's Programme in Management of Sustainability and Carbon Footprint. The Master will start in October 2014 with the second edition and aims to shape professional figures capable of managing sustainability issues particularly in connection with Carbon Footprint policies both at strategic level and at an operational level – in terms of carbon footprint calculation, management, control and mitigation initiatives. It is intended for those in roles of responsibility wishing to acquire the management skills necessary to manage Carbon Footprint in connection with the wider framework of sustainability. The training path has a managerial approach and starts with a climate change analysis and then moves on to investigating corporate carbon management techniques. It defines the role of carbon management within corporate strategies and operational systems currently adopted — from planning and control systems to incentive schemes.
The deadline for application submission is 15th October 2014 and further information are available in the website: www.unive.it/master-mscf

ENEL: 2013 SUSTAINABILITY REPORT CONFIRMS GROUP TOPS IN TRANSPARENCY AND ACCURACY

Enel’s 2013 Sustainability Report prepared according to the Global Reporting Initiative (GRI) Guidelines, was ranked “A+”, the highest Application Level of such guidelines, by GRI itself. For the eight year in a row, the award recognizes Enel’s commitment to transparent and accurate reporting of corporate responsibility in line with GRI guidelines. In addition, Enel based its 2013 Sustainability Report on materiality analysis, placing it at the forefront of the latest trend in sustainability reporting. This method makes it possible to evaluate how the company’s strategic positioning aligns with stakeholder expectations in regard to sustainability issues. In addition, Enel’s Sustainability Report fulfils its commitment to communicate its progress annually in the areas of human rights, labour, environment and anti-corruption.  As such, Enel declared that its Communication on Progress went beyond the  standard requirements for transparency and disclosure at the “GC Advanced” level. In order to improve the monitoring of sustainability performance, Enel has joined other global business leaders in the reporting field by taking part in the pioneering GRI G4 program. The GRI is the most accredited standard for economic, environmental and social sustainability adopted by leading companies throughout the world. Enel reports on its environmental, social, and governance (ESG) performance in accordance with G3.1 guidelines, in addition to the EUSS (Electric Utilities Sector Supplement) indicators, which allow to capture the unique features of the electricity business.
Enel’s 2013 Sustainability Report is available on Enel’s website at: http://www.enel.com/report2013/enel_sustainability_report_2013.pdf

INTEGRATED THINKING AND SHARING ECONOMY: FEEM CARRIES ON THE DEBATE

On June 19th 2014 Fondazione Eni Enrico Mattei organized in collaboration with eni, University of Siena and the International Integrated Reporting Council (IIRC), the workshop "Practicing Integrated Thinking & Reporting: how business and Societies search for competitiveness and sustainable growth", held at the headquarters of Italian Stock Exchange. The event aimed at showing the synergies between sustainable development and business competitiveness through the discussion of a panel of academics, international institutions and business representatives. They debated on how society and the private sector can cooperate in order to achieve sustainable growth and discussed on important issues regarding the Post-2015 Agenda, Integrated Business Reporting and the Macroeconomic literature on "beyond GDP" highlighting the existing correlations among them. On July2th2014 FEEM has also presented the official Document of Sharexpo, a project promoted by FEEM, Collaboriamo, Modacult-Catholic University of Milan and Secolo Urbano (www.sharexpo.it). Sharexpo is a path aimed at identifying proposals and initiatives for testing the sharing economy during Expo Milan 2015. The guidelines included in the Document are targeted to build an adequate legal and regulatory framework for the concrete application of the Sharing Economy and to create the collaborative services guide for Expo Milano 2015.

GENERALI: THE SUSTAINABILITY REPORT IS ON-LINE

Generali publishes its tenth Sustainability Report, that complies with the guidelines 3.1 of the Global Reporting Initiative (GRI) and its supplement for the financial sector, and that fulfills the requirement of Application Level A. It introduces some news with the intention of providing suitable information on the main activities through which the commitment to sustainable business is expressed. It addresses a wide audience (clients, consumers, employees and the communities in which it operates), to which it aims at describing everything it has done, why and how it has taken actions, and the results it has achieved. It thus provides information in addition to that provided through the other communications published by the Group, targeted to better meet the needs of the financial community. These include the first Annual Integrated Report. The 2013 Sustainability Report follows an approach based on the new vision and mission of the Group as to discuss values and how they are embodied and implemented in the relations with the various stakeholders. It is not intended to be a comprehensive document, it rather offers a selection of information on the most important issues. The table in the appendix shows the results achieved for the sustainability objectives and commitments included in the Charter of Sustainability Commitments. Approved by the Board of Directors of the Parent Company in May 2013, the latter traces a path of continuous improvement and the creation of shared value with all the stakeholders. The 2013 Sustainability Report is also available in the on-line version, that enables the users to graphically see the main sustainability KPIs, compare countries or data and search by GRI indicators.

SOFIDEL PUBLISHES ITS 2013 INTEGRATED REPORT

Sofidel, a privately held company owned by the Stefani and Lazzareschi families, one of the leading European manufacturers of paper for hygiene and domestic use, has published the 2013 Integrated Report. It highlights both the economic and financial prospects of its Consolidated Financial Statements and the Key Performance Indicators (KPI) that set out the economic, social and environmental aspects of the business, in compliance with the recommendations of the main international bodies in terms of sustainability and social responsibility.

LH FORUM AND POSITIVE ECONOMY – LONG-TERM THINKING

KPMG has sponsored and participated in the first edition of the Italian LH Forum, held on 12th and 13th May at San Patrignano, well-known social enterprise whose model is exported all over the world. It was an international meeting aimed to stimulate companies, public entities and non-profit organizations to discuss the issues related to the ‘positive economy’.  The founder of the Movement for a Positive Economy, Jacques Attali, defines it as an economy of the long-term view, inspired by a concept of 'altruism' in respect of future generations to ensure they will have conditions equal to or better than ours.  To be concrete, the ‘positive economy' aims to be measurable, shared, operational, universal and recognized. The Movement has in fact developed an index to assess the ‘positivity’ of Nations which takes into account 29 factors, including demographics, infrastructure, political stability, enterprise, finance, government and the environment. Italy ranks 32⁰ in the sample chosen, followed only by Greece and Turkey. Some experiences that embody this model already exist, from social business to second welfare, from microfinance and fair trade to collaborative initiatives. It is now up to companies to find their own space in this paradigm that seems to spread rapidly. KPMG has been querying the metrics capable of expressing the value created by sustainable companies (long-term and future generations oriented). For this reason, KPMG has recently issued a study on the measurement of the long-term impacts of the community engagement of companies and a survey on the future of 'business reporting'. Moreover, a guideline for the evaluation of 'True Value' is planned to be issued in autumn: it will be able to express the ability of a company to draw a vision in the long run.

SALINI IMPREGILO: SUSTAINABILITY REPORT 2013 IS ONLINE

Salini Impregilo has published its Sustainability Report 2013, prepared in accordance with the “Comprehensive” option of the new “GRI G4 Sustainability Reporting Guidelines”. The Group has been among the first European construction companies to introduce the voluntary reporting of non-financial issues and today is one of the first companies worldwide, in its sector, to adopt the GRI-G4. Through the Report, Salini Impregilo confirms its commitment to promote the sustainable development and presents its business sustainability model centred on the creation of shared value for all its stakeholders: clients, employees, supply chain, communities, shareholders and investors. In 2013 the Group achieved excellent results confirming the commitment lavished to reach sustainability objectives. The most important ones concern:

  • job creation in the territories involved by the Group’s projects (90% of total workforce hired locally);
  • wages paid out (+19% in comparison with the local minimum levels);
  • support to local economies (73% of supply purchased locally);
  • injury rates’ improvement (-30%);
  • increase of training provided to the workers (+9%);
  • investments in the protection of health, safety and the environment (+65%);
  • raw materials and natural resources’ reuse (48% of the rocks and soil reused, 46% of the waste recycled, 6% of the water recycled);
  • GHG emissions intensity’s reduction (-2%);
  • development of social support initiatives (more than 90);
  • dialogue and engagement with the stakeholders involved in the projects (more than 700 meetings, events and information campaigns).

The Report is available on the website www.salini-impregilo.com.

FOUNDERS AND PARTICIPANTS

For further information on the Global Compact Network Italy Foundation visit the website www.globalcompactnetwork.org or send an e-mail to info@globalcompactnetwork.org

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