aligning strategy, goal-setting and innovation with the un sustainable development goals
TRANSCRIPT
AligningStrategy,Goal-settingandInnovationwiththeUNSustainableDevelopmentGoals
Claire Sommer, AIM2Flourish Cora Olsen, Novo Nordisk
James Sullivan, SAP Brooke Gast, BASF
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Aligning strategy, goal-setting and
innovation with the Global Goals
Cora OlsenGlobal Lead TBL Reporting
1
Novo Nordisk at a glanceNovo Nordisk is a global healthcare company with more than 90 years of innovation and leadership in diabetes care.
This heritage has given us experience and capabilities that also enable us to help people defeat other serious chronic conditions: haemophilia, growth disorders and obesity.
Novo Nordisk -Corporate Presentation
PRODUCTS MARKETED IN
180 COUNTRIES
STRATEGICPRODUCTION SITES
IN BRAZIL, CHINA, DENMARK, FRANCE AND US
SUPPLIER OF MORE THAN
HALF OF THEWORLD’S INSULIN
26,800,000PEOPLE USE OUR PRODUCTS
AFFILIATES IN COUNTRIES
R&D CENTRESIN CHINA, DENMARK,
AND US
DKK 107.9 BILLIONIN TOTAL REVENUE
APPROXIMATELY
230,000SHAREHOLDERS
75
EMPLOYS APPROXIMATELY
42,300 PEOPLEDIABETES
OBESITY
GROWTH DISORDERS
HAEMOPHILIA
Our strategic framework:How we will be a sustainable business
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DEMONSTRATE RESPONSIBILITY FOR IMPACTS ON SOCIETY
LEAD TOWARDS
PROSPERITY
INTEGRATE SOCIAL AND ENVIRONMENTAL
PRIORITIES IN BUSINESS STRATEGY
What society expects:
Be part of the solution:Contribute to global goals for sustainable development (SDGs)
Create shared value:Create returns on investment for shareholders and ensure benefits for other stakeholders
Act responsibly:Identify, prevent and mitigate possible adverse impacts on society - over and above legal obligations
Lead the way:Address systemic issues that affect business successShape conditions for prosperity beyond self-interest
Differentiate from competition: Optimise business performance and growth potentialEarn customer preference by delivering added benefit
Protect our business:Manage and account for performance and impactsEarn license to operate and stakeholder confidence
What we do in response:
We particularly welcome the recognition of the importance of the growing burden of non-communicable diseases
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examples
Helping patients in
Syria
Diabetes clinics in Jordan
Access to insulin
commitment
Reaching the base of the
pyramid
We are also committed to making positive contributions to other Global Goals through strategic actions
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Business ethicsClimate change
• Must not just be ‘business as usual’ as all business contribute positively ‘as is’ to at least one goal – we much reach scale!
• Long-term view, long-term value creation• Invest time in understanding the problem and root causes• Think less traditional when building partnerships• Become truly sustainable – future fit – not just ‘less bad’• Measure and monitor• Share and be transparent
Challenges and lessons learned
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For more information:novonordisk.com/sustainability twitter.com/novonordiskTBL
The Apis bull logo is a registered trademark of Novo Nordisk A/S
AIM2Flourish is First and Only Higher-Education Curriculum for the SDGs:
How business is taughtHow students experience business education
How business’ purpose is defined
…By Transforming Business Education
Global Network Strength2,100 Business Education Institutions
UN Global Solutions Platform (May 2017)
“Our paradigms shiftedtoward a sustainable direction:social innovation will form the nuclei of our business models.”
Bernard Bairoy, Student, IPMI International Business School
“No matter how small you or your business are, you can change the world inch by inch. It’s not just a phrase, it’s a REALITY that you can see in all the amazing businesses participating in AIM2Flourish.”
Laura Banzer Godfroy, Student, Nova Southeastern University
Our Invitations • Invite Students to Be Interviewed
• Share our Experiential SDGs curriculum
• Celebrate the Flourish Prizes: June 2017