Creating Shared Value: Public and Private Partnerships
Description
Large businesses are increasingly exposed to natural hazards and “super disasters”. Their growing footprint means that value chains are becoming not just more exposed but also create new vulnerabilities. Today, many companies are engaging in enterprise risk management initiatives to address a number of critical business risks. But natural hazards and disasters are not an integral part of these yet. At the same time, governments are interested in providing resilient environments for businesses while ensuring that business investment does not increase national and community disaster risk.
In this context, PwC and the United Nations have identified the demand for more effective private-public disaster risk management. They have joined
forces to develop a platform and process that will foster sustainable collaboration within the private sector and between public and private entities. This initiative sets out to provide a space for constructive exchange but also the go-to place for businesses to access relevant tools, practical insights and links to competent counterparties in the public sector.
A pilot phase of the initiative undertaken in 2011-2012 has shown a real appetite for a more proactive and broad-reaching approach to disaster risk management. This session will launch the platform and invite participating companies and government representatives to commit to engaging with PwC and UNISDR in this initiative in the run-up to 2015 and beyond.
Session objectives:
To give insights into the risk management practices of some of the world’s leading corporations.
To discuss the opportunities for partnerships between governments and businesses to effectively reduce disaster risk.
To launch a new private-public disaster risk management initiative and online platform, developed in an innovative partnership of the United Nations and the private sector.
Discussion Agenda and Structure:
Part I. Setting the scene (15 min)
1. Introduction and welcoming remarks by Moderator
2. “The future of risk management: introduction to the new DRM platform for business, communities and government ” by Oz Ozturk, PricewaterhouseCoopers (PwC)
Part II. Round of 3 x 3-minute commentaries and moderated discussion (45 min)
1. “Why we as a global corporation engage in this initiative” by CEO (TBC from either Walmart, Hitachi, General Electrics or Citigroup)
2. “What small and medium enterprises can gain from the platform” by CEO (TBC; regional or national business association)
3. “Why governments need to invest in fostering public-private partnerships” by national government (Government of the Netherlands). (TBC)
Part III. Interactive session on the launch of the initiative towards 2015 (moderated by PwC and UNISDR (30 min)
Relevance of the Initiative:
Provides tangible examples private and public partnerships of the International Strategy for Disaster Reduction (ISDR) that will help articulate the role of the private sector in HFA2.
Subject's link to post-2015:
Proposed new item in HFA2: Businesses and private investors are one of the main stakeholder groups in HFA2. Their responsibility is to work closely with the public sector to:
1. Improve access to risk information and evidence-based decision making.
2. Integrate disaster risk into wider business risk management.
3. Ensure transparency and accountability by committing to disclosure and reporting (on costs and benefits associated with risks generated by their investments).
4. Build public-private risk governance that fosters resilient investment.
Other Information:
UNISDR Briefing Paper on private investment and disaster risk reduction for post-201n (session paper; to be developed with the lead participants in April 2013)
PwC and UNISDR, forthcoming: PwC and UNISDR - Working Together to Reduce Disaster Risks. (published in April 2013)
Relevant corporate publications on DRM (tbc when speakers are confirmed)
UNISDR, 2013: Creating Shared Value. The business case for disaster risk reduction. 2013 Global Assessment Report on Disaster Risk Reduction (published in May 2013)
News items will be regularly published on the Global Platform homepage at:
https://www.preventionweb.net/globalplatform/2013/
Chair/Moderator/Faciliator
Moderator: Mr. Oz Ozturk, Senior PriceWaterhouseCoopers (PwC)
Representative
Speakers (as at 19 May 2013)
• Mr. Jan Sturesson, Global Head of Government and Public Services Industry, PriceWaterhouseCoopers (PwC)
• Mr. Filippo Sabatini, Global Public Sector Head, Global Transactions Services, Citigroup
• Mr. Christian Frutiger, Nestlé SA
• Mr. Adam Roscoe, Global Sustainability Executive, ABB
• H.E. Ms. Ploumen, Minister of Trade and Development, The Netherlands
