Speakers: Roland Waardenburg (Sustainability Consortium), Gustaaf Haan (Questionmark), and Michel Scholte and Esmee Bergman (True Price)
The Sustainability Consortium works together with many large companies, among which Ahold. At Ahold, the Sustainability Consortium focused on the sustainability of its Business to Business units. Companies can approach their supply chain in different ways. The Sustainability Consortium looks at the supply chain not as a real chain, but as a pyramid. The ground layers of the pyramid are about decreasing the negative business impact where it is largest. At the top of the pyramid you find active involvement and going beyond legislation and compliance towards doing good.
Questionmark provides an app for consumers with a large database of food and beverage products that are for sale in (Dutch) supermarkets. With the app you can compare products of different brands on their impact/performance in the areas of health, environment, human rights and animal welfare. In the future Questionmark wants to go beyond the food and beverages industry.
True Price is a social enterprise that measures social and environmental impact and advises on improving international business conduct. True Price has developed a 4-dimensional P&L framework which measures corporate profits and losses on four types of capital: financial, natural, social and human capital. They have developed this approach together with AkzoNobel, which has used the information for its 2014 annual report.
With the 4D P&L True Price measures, weighs, and monetizes the company’s supply chain of specific products both upstream and downstream. The results lead to an overview of plusses and minuses per capital, thus including both negative and positive impacts and hidden costs. This shows companies on which impacts they should focus to have the greatest impact both for themselves and for their stakeholders. Additionally, the 4D P&L shows the interrelationships between the four types of capital.