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How to Effectively Communicate Your CSR and Green Initiatives Frank Mantero Director, Corporate Citizenship Programs GE Corporation
Today ,[object Object],[object Object],[object Object]
Defining Citizenship
“ Citizenship is not a spectator sport.” ,[object Object],[object Object]
Mckinsey’s Thesis: ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],The Good News: Companies that proactively manage risks can turn them to  opportunities and create enormous value Expectations are Changing Bringing Society Into Strategy
Trends ,[object Object],[object Object],[object Object],[object Object],[object Object],Communications has the accountability  and opportunity to play a key role
Relevance Implications for Communications Professionals ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Benefits ,[object Object],[object Object],“ Not only do we have to follow the laws, which we have always had to do, but now we have to anticipate informal social contracts and understand that we play in a bigger thing called society and that these all have impacts on the bottom line. . .” Jeff Immelt Corporate Citizenship Benefits Reputation  Management Risk  Management Employee  Satisfaction Innovation &  Learning Access to Capital Financial Performance
GE Citizenship Messaging Framework Proactive commitment to being a good global citizen ,[object Object],[object Object],[object Object]
GE Citizenship Focus Areas ,[object Object],Improve standards and achievement for primary & secondary education Education Improve health-care delivery in targeted developing world communities Health Improve access to  safe drinking water  for rural and peri-urban groups Environment Helping build communities for sustainable prosperity Community Building Going  beyond compliance  to co-create value and earn a license to operate with stakeholders through engagement and  a renewed commitment  to openness and transparency.
Reputation, Trust & CSR
The Age of Transparency ,[object Object],[object Object],[object Object],These actions will develop enduring, sustainable, value-creating results and maintain their corporate reputations.
[object Object],Corporate Reputation  Reputation Institute Model   Reputation is built on  7 pillars from which a company can create a strategic platform for communicating with its stakeholders on the most relevant key performance indicators.  18.2% 13.2% 13.3% 16.4% 14.6% 12.2% 12.1%
[object Object],[object Object],[object Object],[object Object],[object Object],Stakeholder Engagement Stakeholder feedback sought for continuous improvement
Reporting Policy Business 05-06 06-07 08-Present NYC London NYC Brussels Hong Kong  NYC Geneva  Washington Delhi NYC Sao Paolo Beijing GE Stakeholder Convening Process This dialogue has allowed us to better understand how our business goals can be aligned with commonly held social goals. The counsel we received helped strengthen our citizenship mission.
Reputation-Building What :  Identify strengths/gaps in engagement, leveraging relationships with key influencers for endorsement Who :  Global influencers (Media, NGOs, IGOs, peer companies, etc.) with GE business participation 1 3 2 Inventory Align Analysis Inventory all influencers from past 3-4 years (~300) Align influencers  against  key issues  Identify gaps and opportunities for endorsement/ advocacy 4 Outreach Develop action plan for key stakeholders to tell GE story on a key issue HOW ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Engagement ecomagination Environmental Social Governance ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Human Rights Joined BLIHR as the 13 th  company, supporting the organization’s mission “to find practical ways within a business context to promote human rights” Make human rights considerations mainstream in day-to-day operations  Developed Statement of Principles on Human Rights   GE was one of the founders of TI in mid-1990s to address corporate and political corruption  Response to inconsistent anti-corruption enforcement and frameworks The TI Index is now the most commonly used measure for corruption in countries worldwide. Anti-Corruption
Reporting ,[object Object],[object Object],[object Object],[object Object],[object Object],“ In an increasingly global and transparent world, we measure our performance in a context broader than financial results and stock price.  Everyday, we strive to be a responsible citizen, to perform with integrity and to serve our customers, investors and other stakeholders responsibly.” Brackett Denniston,  GE Senior Vice President & General Counsel
2009 Citizenship Report  July 21 Launch ,[object Object],[object Object],[object Object],[object Object],[object Object],3,000 Issues sent GE offices around the world  for customer/government distribution 5,000 Copies distributed directly to global stakeholders 105,000 Website views/month-traffic to new site has doubled 6 Translations available
Transparency in Reporting Cluster Bombs
Transparency in Reporting Issue ,[object Object],[object Object],[object Object]
Transparency in Reporting Issue ,[object Object],In 2005, sales of this sensor generated less than 0.001% of consolidated GE revenues.  Of more than 250 million sensors produced each year, only 15,000 are used for this application.
Transparency in Reporting Discussion ,[object Object],[object Object],[object Object],[object Object]
Transparency in Reporting Stakeholder Engagement ,[object Object],[object Object]
Transparency in Reporting Results—presented as  best practices in responsible corporate citizenship reporting and transparency. ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Final Thoughts… ,[object Object],[object Object],[object Object]
 
Citizenship & Operational Excellence
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Codes, Standards & Rankings “ While the policing model of the past has made some positive improvements, it has been relatively unsuccessful at identifying the core issues.  “This has created a duplication of efforts, contributed to a proliferation of codes of conduct that create confusion, and has largely been an ineffective use of resources.” Sean Ansett,  Founder, At Stake Advisors Isolated Efforts to Measure Performance
Prioritizing Citizenship Communications ,[object Object],[object Object],[object Object],[object Object]
Citizenship—Employee Expectations Actions to Build ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Resources ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Corporate Citizenship at GE
Integrated Citizenship Approach Optimizes resource utilization & shareholder value Leverage Company strengths Business Operations citizenship Strengthens operations & enable  insights Our CSR Strategy is our Business Strategy People Process Technology Operational Excellence
Where Do Reputations Come From? Stakeholder  Perceptions Corporate  Messaging Branding Activities Sponsorship Initiatives PR/IR Events CSR Programs Media  Conversation Print Broadcast Internet Stakeholder Experiences Product Quality Customer Service Investment Performance Treatment of Employees Reputation
Corporate Reputation  Reputation Institute Model   ,[object Object]
[object Object],Corporate Reputation  Reputation Institute Model   18.2% 13.2% 13.3% 16.4% 14.6% 12.2% 12.1%
Reputation & Transparency ,[object Object],[object Object],” Transparency is not a gray area for GE” --Chairman & CEO Jeff Immelt What does that kind of transparency look like?
Issue & Stakeholder Mapping

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Prsa philly 1.0[1]

  • 1. How to Effectively Communicate Your CSR and Green Initiatives Frank Mantero Director, Corporate Citizenship Programs GE Corporation
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  • 15. Reporting Policy Business 05-06 06-07 08-Present NYC London NYC Brussels Hong Kong NYC Geneva Washington Delhi NYC Sao Paolo Beijing GE Stakeholder Convening Process This dialogue has allowed us to better understand how our business goals can be aligned with commonly held social goals. The counsel we received helped strengthen our citizenship mission.
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  • 20. Transparency in Reporting Cluster Bombs
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  • 33. Integrated Citizenship Approach Optimizes resource utilization & shareholder value Leverage Company strengths Business Operations citizenship Strengthens operations & enable insights Our CSR Strategy is our Business Strategy People Process Technology Operational Excellence
  • 34. Where Do Reputations Come From? Stakeholder Perceptions Corporate Messaging Branding Activities Sponsorship Initiatives PR/IR Events CSR Programs Media Conversation Print Broadcast Internet Stakeholder Experiences Product Quality Customer Service Investment Performance Treatment of Employees Reputation
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Notes de l'éditeur

  1. We must run GE with excellence and accountability. Simplify strategies and focus on execution, thereby meeting our commitments. Focus on margins and cash. And we must be relentless on cost. We want to be prepared as the economy slows. This is a smart way to run the company given the economy.
  2. Edison said it best: “ I find out what the world needs, then I proceed to invent it.” That’s our purpose. That’s what we do. That’s… imagination at work.
  3. High level review According to a McKinsey study, Companies are expected to be more responsive to a broader spectrum of society, especially as issues expand It is beyond “giving back” If we are giving back, what are we taking? Environment Human rights Governance Supply chain Companies can either identify and manage these issues early, to their advantage, or be left behind, creating greater risk
  4. A few trends—impact to various functions, with Communications at its core More transparency into what Companies are doing in their communities and society in general Potential regulation, already being discussed in Europe, to mandate CSR reporting, similar to financial reporting Financial consequences as the SRI universe grows in the US and worldwide. Corporate citizenship has moved beyond practice.. Stakeholder want reporting and information beyond philanthropy and community relations, especially with the focus on globalization Communications plays a critical role in managing and leveraging these trends
  5. How so? More customers are looking for companies that have established and well reported citizenship practices… Helps a communicator stay ahead of upcoming issues. Gary and Sebastian covered issues management in the September chat… Corporate citizenship enables communicators to stay close to stakeholders and identify potential emerging issues Other facets where it is relevant for the communicator—Employee communications, media relations, etc. Bottom line, it is important that (1) you understand what are the key drivers behind your business strategy and what are the issues behind it and (2) know who the influencers and stakeholders are for your business
  6. Build your own four-point plan and tell your story, your way. Be visible and present internally. Make sure you are touching as many people as you can. Ensure that we bring people together and act with unyielding integrity. Externally, we need to tell our story with strong PR. We need to respond to every inaccurate or hyperbolic article and drive our reputation.   Vision for a Better GE: You have the responsibility to build a new company. Maybe these tough times are an opportunity to look in your closet and get rid of some things you have carried around for a while. 2009 will be tough for everyone—don’t come out of it the same old GE.
  7. … and that future will look like Masdar City. It’s an initiative co-founded by GE that will create a model of the future—zero waste, carbon neutral, car-free, and powered by renewable energy. It will also house a university assisted by MIT. In addition, we are building the fifth Global Research Center in the heart of the city. Initially named the Clean Energy Technology Center, it will, naturally, focus on clean energy. By partnering with Mubadala to create the future of this region, GE is creating its own future.
  8. Remember.. As we covered the three key areas of How Citizenship is defined Why it Matters And how to Communicate it I hope you have a better understanding of why it is Establish trust with the stakeholders you engage Be fast, clear and humble when you have an issue Be transparent when possible… bringing stakeholders into your business can only make you better
  9. Investor repurcussions
  10. Every 2 seconds, a GE (or CFM) powered aircraft takes off.
  11. Leverage GE’s strengths The practices and policies that make GE a strong operating culture feed and strengthen our approach to Citizenship
  12. Reputation Institute – © Harris-Fombrun Reputation QuotientSM
  13. Whereas HDCT demonstrates the potential of our innovation, the Middle East demonstrates the potential of our relationships —the third point in our strategy. With our company-to-country approach, our partnerships are not only producing innovative products and services, they’re transforming entire regions.