On August 2, 2018, Mr. Kenji Yokoyama, NRI Senior Corporate Managing Director, and NRI managers visited the World
Business Council for Sustainable Development (WBCSD), a not for profit, international organization located in
Geneva, Switzerland. WBCSD brings together companies to co-create business solutions that contribute towards the
SDGs.
On August 3, they visited RobecoSAM, an investment specialist focused exclusively on Sustainability Investing, in
Zurich, to hold the second overseas CSR dialogue for NRI. Experts from the respective organizations exchanged
opinions on ESG investors’ expectations for companies and corporate response to SDGs.
(Affiliation and position as of August 2018)
Federico Merlo WBCSD Managing Director of Member Relations & Senior Management Team |
The benefits of joining WBCSD At WBCSD, we have close to 30 active, target projects. Each member company participates in two or three target projects. There are three benefits to joining WBCSD, as follows:
The company can obtain knowledge on world trends through activities in WBCSD and collecting information at meetings. They can also be part of the creation of solution before these are imposed on companies through regulation or emergencies. |
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Filippo Veglio WBCSD Managing Director of People & Senior Management Team |
How does it promote SDGs? WBCSD supports businesses collaborate and generate added value in how they
specifically, through business, address social challenges identified in the SDGs. Innovation: Provide innovation to solve social issues through sustainable
business; |
Edoardo Gai RobecoSAM Managing Director, Head of Sustainability Service |
What expectations do ESG investors have for companies?
We believe that companies should not just contribute to creating a more
sustainable world, but also build a sustainable and profitable business through providing solutions
to challenges stemming from ESG issues. We analyze how companies are operating while quantitatively
measuring their positive and negative impacts on society and whether they disclose that
information. |
Jvan Gaffuri RobecoSAM Director, Senior Manager, Sustainability Services |
The fear and expectation in ICT industry The ICT industry has always played a crucial role in the development of society. Not only by connecting people and corporations, but also by making all kind of processes more reliable and efficient. Nowadays, similar to what was experienced with the introduction of new technologies, there is a big fear that AI and industry 5.0 will erase many jobs, creating a big societal imbalance. It is therefore very important that the development of these new technologies is thoroughly followed, and all stakeholders are involved in order to limit the negative impacts. Only through adhering to this process it will be possible to state that the introduction of a new technology has generated a net positive impact on the economy and the society. It is therefore crucial at this point that all actors and stakeholders collaborate in order to find the best way for the future. We at RobecoSAM are very open to listen and, where possible, contribute to the discussion. |
Manjit Jus RobecoSAM Director, Head of ESG Ratings |
In what form do you require companies to disclose their ESG information? From our perspective it is not relevant which channel a company uses to disclose their data. It can be a data book which focuses on ESG, an integrated report, a website or any other format. What is relevant to us is that the information is audited, easily accessible and found, and that the company explains how this information is financially material. For investors it is relevant that the disclosed information provides enough background for an analysis for potential negative risks and the impact that these risks might have on the business if they becomes real. This information should be presented in ways which are easy to understand for the investors. Companies can build trust and fulfill their accountability by publicly disclosing their processes for resolving selected issues. |
Kenji Yokoyama Senior Corporate Managing Director, NRI |
We are building sustainable future, tomorrow Thank you very much for your valuable opinions. It struck me that ESG investors
expect companies to integrate efforts to build a sustainable society in the business strategy and to
disclose the impact of such a business strategy. It also struck me that as for the ICT industry,
while there are concerns for the negative impact from advancement in technology, there are even
greater expectations for the positive side of such advancement. Our aims will be to develop as an
ICT company in ways we can meet the expectations of ESG investors. |
Other participants from NRI
Yoshiro Shikino, General Manager, Administration Department
Kenji Honda, Manager of Sustainability & Responsibility Group
Shigeru Fujisawa, Manager, Sustainability & Responsibility Group
Facilitator
Hiroshi Ishida, Executive Director, Caux Round Table Japan
Observer
Nobuo Taguchi, Senior Manager, CSR Promotion, ANA Holdings Inc.
(Published in 23, JAN. 2019)