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OUR SPONSORS. OUR SPEAKERS. Sustainability in Healthcare Physicians’ Role Extended Producer Responsibility Programs Energy Consumption Pharmaceutical Waste Green Purchasing Application of the Tools. CORPORATE RESPONSIBILITY. Are We There?.
OUR SPONSORS
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Presentation Transcript
OUR SPEAKERS • Sustainability in Healthcare • Physicians’ Role • Extended Producer Responsibility Programs • Energy Consumption • Pharmaceutical Waste • Green Purchasing • Application of the Tools
CORPORATE RESPONSIBILITY Are We There?
Industry Standards for Environmental Issues is Evolving • Public Expectations • Emerging Issues • Integrated Approaches • Investors & Investment • New Tools
More Industry Standards • EMS becoming the norm • ISO 14000 is the gold standard • Corporate Reporting and accountability is constantly increasing • Industry being forced to pay • Social conscience not an option
Corporate Knights Research Group – Corporate Responsibility • 60 Largest Companies in Canada S&P/TSX Index • 4 Key Environmental Factors: Energy, Carbon, Water, & Waste
Why These Four? • Selected based on their broad acceptance as key ESG ratios • Are relevant among all companies regardless of what industry they are in
FINDINGS • 48.3% Average Score for all 60 companies • 35 / 60 have an ESG or sustainability board committee • 26 / 60 have a senior executives pay based on ESG criteria
FINDINGS • 10 companies (17%) disclosed detailed information on the four criteria • 25% disclosed data on water use and waste production • 47% reported energy use • 58% disclosed carbon-dioxide emissions
Healthcare Firms – Shoppers Drug Mart • SDM ranked 56 / 60 Total Score 26.41% • Environment Score = 6.67% • Governance Score = 42.4% • Social Score = 24.53% • Transparency Modifier 37.5%
Healthcare Firms – Biovail Corp. • Biovail ranked 59 / 60 Total Score 16.89% • Environment Score = 0% • Governance Score = 1.39% • Social Score = 31.4% • Transparency Modifier 10%
Our Role Re: Corporate Responsibility? • Be Inspired! • Share Information • Learn from the Green Champions at forums like these
Green Champions in Canada • Loblaw Co. Ltd. Score = 80.81% • George Weston Ltd. = 71.65% • Iamgold Corp. = 71.16% • Cameco Corp. = 69.10% • Sun Life Financial = 67.39%
Lisa J. JamesPresident & CEOThe Environmental Advisory GroupPhone: 905-569-0620Cell: 416-566-8813E-Mail: eag@enviroadvisory.com orWeb Site: http://www.enviroadvisory.com