Karriär inom KPMG

Sustainability Services

&

KPMGs modell för att

beräkna företags

verkliga värde

KPMG Advisory

Sustainability Services

29 januari 2015

Välkommen!

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client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind

any member firm. All rights reserved. . Printed in the Netherlands. The KPMG name, logo and ‘cutting through complexity’ are registered trademarks of KPMG International.

KPMG Advisory

■ Majority of Fortune 500 companies as clients

■ > 2000 professionals

KPMG International

■ Audit, Tax & Advisory

■ >162,000 people

■ >156 countries

Global Climate Change & Sustainability

■ >500 professionals

■ >50 countries

Global räckvidd och kompetens - lokal kännedom

Swedish Sustainability Services

■ >11 professionals

3© 2014 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no

client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind

any member firm. All rights reserved. . Printed in the Netherlands. The KPMG name, logo and ‘cutting through complexity’ are registered trademarks of KPMG International.

Vårt erbjudande – vad gör vi?

Vi erbjuder både strategisk rådgivning och redovisnings-/granskningstjänster inom hållbarhetsområdet. Vi hjälper våra kunder att ta ut riktningen för sitt arbete, att

genomföra planen i praktiken och att redovisa resultat. Tillsammans utgör vårt erbjudande de centrala delarna i ett affärsinriktat och värdeskapande hållbarhetsarbete.

4© 2014 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no

client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind

any member firm. All rights reserved. . Printed in the Netherlands. The KPMG name, logo and ‘cutting through complexity’ are registered trademarks of KPMG International.

Hur definierar vi hållbarhet?

Mänskliga rättigheter

Arbetsvillkor

Arbetsmiljö och säkerhet

Utveckling av mänskligt kapital

…

Löner

Skatt

Korruption

…

Klimatförändringar

Vattenanvändning

Biologisk mångfald

…

5© 2014 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no

client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind

any member firm. All rights reserved. . Printed in the Netherlands. The KPMG name, logo and ‘cutting through complexity’ are registered trademarks of KPMG International.

Ett oansvarigt agerande kan straffa sig…

6© 2014 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no

client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind

any member firm. All rights reserved. . Printed in the Netherlands. The KPMG name, logo and ‘cutting through complexity’ are registered trademarks of KPMG International.

Ett oansvarigt agerande kan straffa sig…

7© 2014 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no

client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind

any member firm. All rights reserved. . Printed in the Netherlands. The KPMG name, logo and ‘cutting through complexity’ are registered trademarks of KPMG International.

…och ett ansvarsfullt agerande kan löna sig

Värdeutveckling, USD(1992-2010)

Source: Eccles, et al (Harvard Business School) (2011)

Källa: Barnett (Stern School of Business, NYU) och

Salomon (Saïd Business School, Oxford University), 2012

Relation mellan kvalitet på hållbarhetsarbete (KLD) och return on assets (ROA)

8© 2014 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no

client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind

any member firm. All rights reserved. . Printed in the Netherlands. The KPMG name, logo and ‘cutting through complexity’ are registered trademarks of KPMG International.

Omvärldsförändringar sätter affärsmodellen i fokus – håller den?

9© 2014 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no

client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind

any member firm. All rights reserved. . Printed in the Netherlands. The KPMG name, logo and ‘cutting through complexity’ are registered trademarks of KPMG International.

Hållbarhet blir mer och mer relaterat till affären och kommer i framtiden

att konkretiseras i kostnader och intäkter

19801960 20202000 2015

Donationer/ välgörenhet

Sponsring

Integrering och affärsmodeller

Internalisering

IntegreringVarumärkeFilantropi Affärsdrivare

10© 2014 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no

client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind

any member firm. All rights reserved. . Printed in the Netherlands. The KPMG name, logo and ‘cutting through complexity’ are registered trademarks of KPMG International.

Formal - Institutionalized

Semi-formal - Emerging

New Expectations - Latent

Semi-formal - Established

Internalisering av externaliteter är ingenting nytt

1990

Human

Rights

?Next big

issue

1970

Environment

2000

Responsible

Tax

Corruption &

Bribery

1990

Socie

tal expectatio

ns of a firm

; S

ocia

l and actual license to operate

11© 2014 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no

client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind

any member firm. All rights reserved. . Printed in the Netherlands. The KPMG name, logo and ‘cutting through complexity’ are registered trademarks of KPMG International.

Formal - Institutionalized

Semi-formal - Emerging

New Expectations - Latent

Semi-formal - Established

Today

Today

Today

Today

Internalisering av externaliteter är ingenting nytt

?Next big

issue

Socie

tal expectatio

ns of a firm

; S

ocia

l and actual license to operate

Environment

Corruption &

Bribery

Human

Rights

Responsible

Tax

12© 2014 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no

client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind

any member firm. All rights reserved. . Printed in the Netherlands. The KPMG name, logo and ‘cutting through complexity’ are registered trademarks of KPMG International.

Regulations &

Standards

■ New laws

■ Product standards

■ Pricing

■ Subsidies

■ Taxes

■ Disclosure regulations

■ Certification standards

Stakeholder Action

■ Labour strikes

■ Loss of license to operate

■ NGO criticism

■ Consumer pressure

■ Terminated contracts with

suppliers

Market Dynamics

■ Scarcity and pricing

■ Extreme weather

■ New markets

Tre drivkrafter ökar takten av internalisering

13© 2014 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no

client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind

any member firm. All rights reserved. . Printed in the Netherlands. The KPMG name, logo and ‘cutting through complexity’ are registered trademarks of KPMG International.

Tid

2. Compliance +

3. Kärnkompetens

/ integrering

4. Innovativt

ledarskap

5. Nya

affärsmodeller

1. Följer lagenVä

rde

ska

pa

nd

e

ILLUSTRATIV

Varje företag kan klassificeras enligt sin mognadsgrad, för stöd i

prioritering av åtgärder

14© 2014 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no

client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind

any member firm. All rights reserved. . Printed in the Netherlands. The KPMG name, logo and ‘cutting through complexity’ are registered trademarks of KPMG International.

A New Vision of

Value: Connecting

corporate and societal

value creation

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client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind

any member firm. All rights reserved. . Printed in the Netherlands. The KPMG name, logo and ‘cutting through complexity’ are registered trademarks of KPMG International.

Introduction

‘A New Vision of Value – Connecting corporate and societal value creation’

A New Vision of Value - 2014

Two years of studies

Smith School, University of Oxford

50+ senior investors, business leaders, academics,

policy experts

KPMG’s contribution to ongoing development

Expect the Unexpected - 2012

Presented 10 global mega trends

40% of the operating result may disappear

Businesses, governments and civil society need to act

How can companies calculate their true value?

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client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind

any member firm. All rights reserved. . Printed in the Netherlands. The KPMG name, logo and ‘cutting through complexity’ are registered trademarks of KPMG International.

Introduction

Why is KPMG’s True Value methodology relevant?

3 key results

1. Insight on societal value creation

2. Insight on value at risk and opportunities for value creation

3. Insight on financial and societal return of potential strategic actions

© 2014 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no

client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind

any member firm. All rights reserved. . Printed in the Netherlands. The KPMG name, logo and ‘cutting through complexity’ are registered trademarks of KPMG International.

17

Externalities are “Costs and benefits that haven’t been priced into the market, and

which affect a party who did not choose to incur those costs or benefits”

Externalities in the whole value chain

© 2014 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no

client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind

any member firm. All rights reserved. . Printed in the Netherlands. The KPMG name, logo and ‘cutting through complexity’ are registered trademarks of KPMG International.

18

22

153

84100

223

89 97

26

134

670

482

0

100

200

300

400

500

600

700

1 2 3 4 5 6 7 8 9 10 11

Series1 Series2

224%

Environmental externalities on

average 40% of EBITDA

52%22% 42% 43%

87%

71%

59%

64%

23%

2.5%

19© 2014 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no

client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind

any member firm. All rights reserved. . Printed in the Netherlands. The KPMG name, logo and ‘cutting through complexity’ are registered trademarks of KPMG International.

Step 1

Assess the company’s ’true’ earnings – a true value bridge

20© 2014 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no

client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind

any member firm. All rights reserved. . Printed in the Netherlands. The KPMG name, logo and ‘cutting through complexity’ are registered trademarks of KPMG International.

Step 2 and 3

Understand future earnings at risk and calculate NPV and opportunities

Based on scenarios, assess likelihood of internalization and risk to earnings.

Assess effects on operating margin and calculate net Present Value of investment needs.

Assess the opportunities.

Key externalities prioritized by likelihood of internalization

21© 2014 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no

client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind

any member firm. All rights reserved. . Printed in the Netherlands. The KPMG name, logo and ‘cutting through complexity’ are registered trademarks of KPMG International.

KPMG’s TRUE VALUE METHODOLOGY

3 steps approach

ASSESS THE COMPANY’S

‘TRUE’ EARNINGS

by identifying and quantifying

its material externalities

UNDERSTAND FUTURE

EARNINGS AT RISK

by analyzing exposure to the

forces of internalization

CREATE CORPORATE

AND SOCIETAL VALUE

by developing business cases

that capture value, create

opportunities and reduce risk.

1

2

3

22© 2014 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no

client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind

any member firm. All rights reserved. . Printed in the Netherlands. The KPMG name, logo and ‘cutting through complexity’ are registered trademarks of KPMG International.

Välkommen!

www.kpmg.se/sustainablebusiness

23© 2014 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no

client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind

any member firm. All rights reserved. . Printed in the Netherlands. The KPMG name, logo and ‘cutting through complexity’ are registered trademarks of KPMG International.

TACK!

Daniel Dellham

+46 70 580 70 40

daniel.dellham@kpmg.se

David Åberg

+46 73 312 80 22

david.aberg@kpmg.se

www.kpmg.se/sustainablebusiness