integration of health and sustainable development into ... · 4/26/2017 · @swimdaily planetary...
TRANSCRIPT
Derek YachSenior Vitality Consultant, Vitality Group
[email protected] | @swimdaily
HERO Wednesday Webinar – April 26, 2017
Integration of Health and Sustainable Development into Reporting Platforms
Hosted by Paul TerryPresident & CEO, HERO
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The grand making of gross domestic product
• GDP was invented following World War II to measure the health of economies
• Social, health & environmental indicators were largely excluded from the six algebraic figures that comprise GDP
• Masood argues for the broadening of measures included within GDP to beset society’s social, health & environmental problems
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Planetary health and sustainable development
• “Health is at the center of sustainable development. It is a major input into its attainment and a measure of its success.” – Gro Harlem Brundtland, World Commission on Environment and Development, 1987
• Evidence shows that the health of humanity is linked to the health of the environment
• Commission concluded that the continuing degradation of natural systems threatens to reverse the health gains seen over the last century
The Rockefeller Foundation–Lancet Commission on Planetary Health
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Reporting platforms incorporating environmental and social environmental metrics
Reporting platforms encourage disclosure on environmental and social indicators, but where is health?
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Companies are licensed to operate in perpetuity. They need to act accordingly!
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Where should be health be and why?
• As an input into workplace health
• As a measure of the impact of companies’ core products and services
• As a private-public investment in public health
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Fabius et al study and Conradie et al study
Source: Fabius et al. (2013). The link between workforce health and safety and the health of the bottom line. JOEM. 55 (9), 993-1000.
Effective workplace health programs show solid financial returns to investors
US and South Africa based studies demonstrate that best-in-class workplace health programs are linked to improved stock performance.
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Portfolio worth (6/30) S&P 500
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$17,569.21
$9,923.14
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Products and services directly & indirectly impact health
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Community investment benefits companies and communities
Transportation & Warehousing
RetailManufacturing
Public Administration
Vitality’s Community Investment Report 2015
We found that four employment sectors were more likely to be in counties with poor health.
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Metrics drive progress on making markets work for health (1)
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Metrics drive progress on making markets work for health (2)
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Metrics drive progress on making markets work for health (3)
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Consumers increasingly show that ESG+H matters!
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Next steps: Integrating health metrics into corporate reporting
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Conclusion: Elevating health within the United Nations Sustainable Development Goals
Companies can act responsibly by advocating health & well-being within the SDGs.
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Business activities impact human health within the workplace, marketplace and community. Where is your company allocating the greatest number of resources within health?
A. Offering a workplace health program to employees
B. Modifying products and services to be healthier
C. Investing directly in communities where our company operates
D. The company where I work is actively engaged in each area
E. None of these are activities in which my organization engages
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Metrics will drive progress on the world’s sustainable development goals. What is the priority your organization is already actively advocating for?
A. Good health and well-being
B. Decent work and economic growth
C. Sustainable cities and communities
D. Gender equality
E. None of these are advocated for by my organization