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ACCORD Think tank meeting

 

The Resource Efficiency Alliance  EESC

 

MARKET ACTORS
RESPONSIBILITY & ACCOUNTABILITY
ACCORD Think tank meeting


3rd April 2012
European Economic and Social Committee

ACCORD is an exchange platform, a tool launched at the December 21st, 2011 Conference by European Leaders, Champions and Front runners of the Green Economy - to be individually and collectively more efficient and successful in view of Rio+20.
It aims at a convergence of Initiatives addressing Market Actors Sustainability Accountability through Innovative Business Models, Commitments, Monitoring, Verification, Reporting, and Rewarding Schemes.

Agenda

Session 1

Rio+20 - State of Progress

Welcome address: Mr. Pedro Narro, Director for European Affairs, Spanish Farmers' Union (ASAJA), member of the European Economic and Social Committee.

Rio+20. Negotiation process. State of play.
Introduction by Mr. Mikkel Stenbæk Hansen, Danish Ministry of the Environment. Just after the third negotiation meeting in NY, a fresh picture of the state of play and Mr. Derek Osborn, President of the Stakeholders Forum

Session 2

Collective Accountability Systemic Review System

Chair and Introduction by: Raymond Van Ermen. EPE.
A Convention on corporate sustainability reporting is on the Rio+20 agenda. Is there still a leading role for the Europeans (Institutions, Companies, Civil Society) while Governments as China, Brazil, India, Stock Exchanges of Johannesburg-South Africa and Developing Countries are taking initiatives and, for some, making CSR reporting mandatory?

The 3rd April 2012 meeting, hosted by the European Economic and Social Committee and facilitated by the Resource Efficiency Alliance, will address if and how, beyond a EU regulation on Companies Sustainability Reporting, a ‘convergence of initiatives’ could design a Collective Accountability Systemic Review System (CASRS) resulting from three perspectives:

- What is needed at global level ?

- How to design at EU level a Market Actors (public and private) Collective Accountability Systemic Review System (CASRS) in charge of monitoring, verification, reporting, rewarding (MVRR) of Environment, Social and Governance Performance towards ‘Good Life for All’?

- What should be explored at sector level, with Responsible Use of the Seas as a pilot sectoral review system with a multi-stakeholder platform (afternoon session) ?

Beyond transparency & reporting initiatives, how to engineer a multi-stakeholder dialogue on progress? Companies, Cities, Regions should debate together targets, reporting, monitoring, rewarding in a ‘collective intelligence exercise’ to assess progress based on common indicators related to purchasing, investment, footprint, reward etc.
How to encourage a ‘convergence of initiatives‘ to shape such collective intelligence sharing exercise between Market actors and Governments and a dynamic systemic review cycle composed of :

(i) Targets for Governments & Market Actors: Sustainable Development Goals, and timetables, including Sustainable Consumption Goals as well as incorporating and expanding MDGs. SDG should be based on a recognition of universal human needs and rights for access to safe and secure food, water services,
energy, shelter and empowerment.

(ii) Access to Information Rules as access to information in the environmental field (Arhus Convention)

(iii) Reporting and Rewarding as agreed above: a EU Corporate Sustainability Responsibility regulation fixing : Companies integrated reporting, rewards rules (i.a. bonus) linked with Environmental, Social and Governance (ESG) performances.

(iv) Monitoring and Verification: by Governments, EU Agencies, Sustainability Rating Agencies

(v) Multi-stakeholder value chain open-coordination platform for specific sectors as the nexus energy-food-raw materials-water, the oceans, transport, urban development.

Lessons, input, recommendations on how to design a Market Actors (public and private) Collective Accountability Systemic Review System from:
- Mr. Derek Osborn, the Stakeholders Forum: a UN Convention
- Mr. Massimo Zaffiro, DG Internal Market. EU Initiatives related to accountability and reporting
- Mr. Steven Tebbe, Managing Director Europe, Carbon Disclosure Project: The experience of Carbon Disclosure Program related to specific sectors: CO2, forestry, water.
- Mr. Francois Passant, Eurosif Executive Director: The experience of Eurosif related to the financial industry
- Ms. Yvonne Zwick, Project Manager, German Council for Sustainable Development: The experience of the Sustainability Code

 

Session 3

Responsible Use of Seas

Chair and Introduction by Raymond Van Ermen. EPE

How to design a Pilot Collective Accountability Systemic Review System (CASRS) for the Market actors of the Blue Economy? Only few major companies have goals on responsible use of the seas (unlike e.g. on carbon footprint).

To stimulate activities and investments in relation with a Blue Economy could we launch a pilot Dynamic Multi-stakeholder Joint Review System based on sustainable goals for oceans and the role of the Financial Community and listed Companies :

(i) Blue Economy Targets: Sustainable Development Goals, and timetables, including Sustainable Consumption Goals

(ii) Access to Information

(iii) Reporting and Rewarding: Companies reporting, rewards (i.a. bonus) linked with Environmental, Social and Governance (ESG) performances ,

(iv) Monitoring and Verification: (projects screening for several sectors as sustainable fishing, shipping, dredging, etc.) on the basis of 'Oceans Responsible Investments/Companies Guidelines'

(v) Blue Economy Multi-stakeholder value chain open-coordination platform.

Lessons, input, recommendations on how to design a Pilot Collective Accountability Systemic Review System for the Market actors of the Blue Economy from organizations dealing with the Blue Economy:
- Mr. Nicolas Guichoux - Marine Stewardship Council
- Mr. Lesley Sander, Sodexo

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