35 posts categorized "Corporate Responsibility"

October 01, 2015

A unique opportunity for the private sector: reflecting on United Nations General Assembly week

UngaI feel very proud and deeply privileged to have had an opportunity to represent Deloitte colleagues at a number of events coinciding with United Nations General Assembly week. It is a historic week for the United Nations, celebrating its 70th Anniversary and announcing the new Sustainable Development Goals (SDGs). These goals point to a significant change at the United Nations. Unlike with the Millennium Development Goals, the United Nations has recognized the importance of the private sector in the global development agenda. It can be seen not only in goal 17, which highlights the significance of partnerships, but also in the amount of side events during the week that included the private sector, such as the Solutions Summit. The discussions during these events sent a clear message – the private sector has a fundamental role to play in achieving the SDGs.

On Monday, 28th September, Deloitte hosted an event in collaboration with the United Nations Foundation, which brought together senior executives and social sector leaders to discuss how companies can incorporate social impact into their business in the context of the SDGs. It was an inspiring and insightful discussion, and I believe, one of many more to come. The private sector is increasingly engaged in delivering social impact, as Deloitte research “Driving corporate growth through social impact” published this week indicates. The research shows that with the changing global landscape, social impact plays an integral role in helping businesses remain competitive and find new growth opportunities. Creating a more just, sustainable, and prosperous future for all is now a business imperative, and the private sector is increasingly working together with governments and civil society on innovative, collaborative solutions to global challenges.

Pope Francis’ address to the General Assembly sent a powerful message about the urgency and importance of addressing societal and environmental issues. Deloitte Touche Tohmatsu Limited CEO Punit Renjen joined other business leaders in supporting Pope Francis’ encyclical on climate change. This encyclical highlights the increasing importance of addressing environmental and societal challenges created by climate change, and the role business can play by using innovation, scale, and entrepreneurial spirit to contribute to solutions.

Deloitte has a long history of collaborating across sectors to help drive global development efforts. One example is a project recently delivered pro bono with the United Nations Office for the Coordination of Humanitarian Affairs, focused on strengthening the United Nations’ pipeline of diverse leaders for senior roles in the humanitarian and development sectors.

I believe the celebrations during United Nations General Assembly week marked a truly historic moment towards a better world, but this is just the beginning. The private sector has been actively engaged in the development and the adoption of the sustainable development agenda, and many business leaders see societal impact as integral to their business strategy, in a way I have never seen before. Achieving the SDGs will require continued commitment, focused action, innovation, and collaboration. I look forward to contributing to this journey over the next 15 years of their implementation.

Chip-cottrellJames “Chip” Cottrell is a partner in with Deloitte Financial Advisory Services LLP. He is a Certified Public Accountant in the U.S. and China and a UK Chartered Accountant as well as Chartered Global Management Accountant. Chip has served as the functional leader of Deloitte’s U.S. Federal practice and currently serves as the Deloitte Global Lead Client Service Partner for the United Nations system as well as a co-chair of a United Nations Global Compact Committee on Anti-Corruption.

As used in this document, “Deloitte” means Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.

September 21, 2015

Celebrating the United Nations’ Global Goals: driving innovation and collaboration


This week, world leaders are coming together at the United Nations General Assembly to adopt the Sustainable Development Goals (SDGs) that will guide and catalyze worldwide development efforts over the next 15 years. This is a key opportunity for the United Nations Member States, civil society, and the private sector to come together and align efforts to address the biggest global challenges. I am excited to participate in the events that will convene leaders from different sectors to celebrate the adoption of the United Nations’ Global Goals, and to collaborate on innovative new solutions to drive positive change in achieving the Post-2015 agenda.

Deloitte has long been committed to addressing global issues. It is part of Deloitte’s culture, and an illustration of our Purpose–to make an impact that matters. With the Post-2015 agenda, this commitment is unwavering. I believe that only through innovative approaches, identifying solutions that can be scaled, and collaborating across sectors and borders that countries and organizations can truly achieve sustainable development. Today’s innovative solutions cut across the traditional boundaries separating non-profits, government, and for-profit businesses. The private sector has an opportunity, and a responsibility, to make a powerful contribution. 

Deloitte invests in numerous programs and initiatives to improve our own sustainability and contribute to driving societal impact, and many of these align to the SDGs, for example:

Goal #4 Quality education
Since 2009, Deloitte has been committed to identifying and investing in innovative solutions that enhance access to education and skills building for young people. In the past three years alone, programs supported by Deloitte member firms have reached more than one million young people, and annually these firms have invested an aggregate of approximately US$50 million towards educational initiatives.

Goal #5 Gender equality
A priority for Deloitte is attracting, retaining, developing, and advancing women to leadership positions. Deloitte supports the United Nations Women’s Empowerment Principles (WEP). This year, in recognition of proactive commitment to gender equality, Deloitte Canada CEO Frank Vettese received a WEP Leadership Award. Many Deloitte member firms, from the Middle East, to the US and beyond, have programs focused on gender equality. Deloitte US CEO Cathy Engelbert’s appointment as the first female CEO of a major accounting and consulting firm in the US illustrates the inclusiveness of Deloitte’s own culture.

Goal #13 Protect the planet
In response to climate change risks, many member firms have focused on reducing impacts through environmental programs and employee engagement. A number of Deloitte member firms have established absolute or intensity carbon reduction targets for operations to sharpen their focus on achieving lower greenhouse gas emissions. Deloitte’s largest opportunities for protecting the planet, however, result from the work of more than 800 sustainability specialists across the Deloitte network helping member firm clients transition to sustainable business models and practices.

I am also focused on supporting Deloitte to play its part within this initiative through the work our member firms do for their clients. Deloitte helps clients solve challenging problems, and the United Nation’s Global Goals are no exception. We bring to bear the skills of some of the world’s brightest minds from across the global network to work on all areas of the sustainable development goals, and to make an impact that matters. One example of how we make a positive impact in society is through the Deloitte Humanitarian Innovation Program. Professionals of Deloitte member firms collaborate with the humanitarian organizations, combining their diverse skills and expertise to co-create and implement innovative solutions to enhance the sector’s ability to prepare for, and respond to humanitarian crises.

How we collaborate across sectors on innovative solutions, and how our member firms help clients will determine where the Deloitte network can have the most impact. Living our Purpose, and encouraging clients to be purpose driven by delivering on the SDGs in all areas of their business, and collaborating across sectors so they can grow, is how Deloitte plans to respond in substantive ways to the Post-2015 Agenda.


David Pearson is the Chief Sustainability Officer for DTTL. Dave leads innovative programs which demonstrate Deloitte’s commitment to driving societal change and promoting environmental sustainability. Collaborating with government, non-profit organizations, and civil society, the Deloitte network is designing and delivering solutions that contribute to a sustainable and prosperous future for all. Dave has more than 20 years’ experience in both public accounting and private industry. From 2007–2011 he served as CEO of Deloitte CIS, which covers 11 countries in the former Soviet Union.

“Deloitte”, “we”, “us”, and “our” refer to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. See additional information.

August 17, 2015

Developing female leaders at the United Nations

Un blogBy their very nature, humanitarian crises are highly dramatic, visible, and distressing events; and effective response requires quick decision-making and strong leadership.

Developing and increasing the effectiveness of those responsible for leading life-saving relief efforts is a key challenge of the United Nations Office for the Coordination of Humanitarian Affairs (UN OCHA). A project recently delivered pro bono as part of the Deloitte Humanitarian Innovation Program with UN OCHA, focused on strengthening the UN’s pipeline of diverse leaders for senior roles in the humanitarian and development sectors. Deloitte Consulting LLP (U.S.), (Deloitte), has lent its support to UN OCHA since 2012, applying its experience in creating talent development programs in the private and public sectors, to those working in these exceptionally challenging environments.

In this latest collaboration, Deloitte contributed to the conceptualization, development, and launch of an interagency talent program for female leaders within the UN system. The program targets high-potential women in seven participating UN agencies to accelerate their readiness for senior leadership roles across the UN system. The program includes a 1-year rotation to roles selected specifically to maximize candidate development, coaching based on individualized development plans, and in-person leadership learning and training led by Deloitte.

This ground-breaking interagency talent program is the UN system’s first attempt ever to build a female leadership pipeline by broadening the exposure of female talent working in UN agencies. It has the potential to shift the leadership landscape of the entire UN system. With the first cohort of women enrolled in the program, it is off to a strong start and is receiving encouraging reports among the agencies involved.

These agencies focus on life-changing issues such as protecting the rights and well-being of refugees, getting food to those in crisis, and the eradication of poverty. While each is effective in its own right, the challenge is developing leaders that can coordinate the capabilities of the agencies working together to accelerate their common goal—responding to essential needs of those in crisis. As more cohorts of women are selected, the intent of UN OCHA is to scale the program in the years ahead.

Read more about how the Deloitte Humanitarian Innovation Program supports humanitarian crises by collaborating with humanitarian organizations to co-create innovative solutions that help improve the sector’s preparedness and readiness to respond to crises here.


David-pearsonDavid Pearson is the Chief Sustainability Officer for DTTL. Dave leads innovative programs which demonstrate Deloitte’s commitment to driving societal change and promoting environmental sustainability. Collaborating with government, non-profit organizations, and civil society, the Deloitte network is designing and delivering solutions that contribute to a sustainable and prosperous future for all. Dave has more than 20 years’ experience in both public accounting and private industry. From 2007–2011 he served as CEO of Deloitte CIS, which covers 11 countries in the former Soviet Union.

September 22, 2014

Cross-sector collaboration: essential to protect Brazil’s rainforest

ForestBrazil’s Amazon is famous worldwide for its natural resources and environmental importance. Yet its preservation is being threatened by the social challenges faced by people in the region.

This was the scenario addressed by an unprecedented study, “Social Progress Index in the Brazilian Amazon.” The research was conducted by the Imazon research institute in partnership with Social Progress Imperative, and the Avina Foundation. The study was prepared by #Progesso Social Brasil, a network organised by Deloitte Brazil and Avina, focused on bring different sectors of society together to drive social progress and wellbeing.

The 2014 Amazon Social Progress Index report showed that social progress in the region is significantly lower than the rest of the country. It shows that the region has a general Social Progress Index score of 57.31, lower than the national average of 67.73, based on a range that goes from 0 (worst level of social progress) to 100 (best). In the evaluation 772 municipalities in the region, 98.5% had a Social Progress Index score lower than the average of Brazil.

Knowing the challenges facing people in the Amazon region is the first step--a lack of opportunities was found to be the most pressing problem Amazon residents faced--but addressing these issues is the next step and this requires all our efforts, including businesses.

At Deloitte we believe that business has the power and responsibility to help build a robust and prosperous society. Business serves human needs and desires, creating vital products and services, which drive social and economic development. Thus a thriving society requires thriving businesses and for business to thrive over a sustained period, it needs to operate in a prosperous society.

Yet, the complexity of the big societal challenges demands collaboration. At Deloitte, we are working as part of #Progresso Social Brasil, to bring different sectors of society together--different businesses, but also civil society and philanthropic organizations, government bodies and academia, to better drive social progress. Collaboration is essential if we are to tackle complex problems such as deforestation and communities with too little opportunity. Regardless of sector, it is imperative that all of us begin to ask ourselves what societal problems we our best positioned to tackle and how we can work with others to drive change.

OLIVEIRA EduardoEduardo de Oliveira is a Financial Advisory Partner and the Public Sector leader for Deloitte Brazil. He has 24 years of experience working for Deloitte, leading teams focused on valuations, acquisitions processes, fixed asset strategic management and privatization.

February 11, 2014

Impact investing: An investment approach starting to interest mainstream investors

This article was co-written with Erik Classon

Blog_tree_money_300x200Since the term, ‘impact investing,’ was first coined in 2009 by the Monitor Group ("Investing for Social & Environmental Impact: A design for catalyzing an emerging industry"), a great deal of interest has grown around this concept. Initially the dialogue around impact investing was concentrated among a niche set of players identifying themselves as impact investors (e.g., social entrepreneurs, foundations seeking to expand beyond grant-making, focused impact investing funds and public sector/supranational organizations). 

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January 22, 2014

Safeguarding aviation and travel value chains

PACI blog imageCorruption is recognized as one of the most significant obstacles to economic and social development. It is identified in the World Economic Forum’s Global Competitiveness Report as one of the top five impediments to doing business in 58 percent of the 144 countries analysed.

Having deep experience and expertise in the subject of corruption, prevention, and working with various industries and companies around the world, Deloitte has partnered with the World Economic Forum and their Partnering Against Corruption Initiative (PACI) as well as the Aviation and Travel Industry to explore the effects of corruption on the constantly growing and continuously expanding reach of the aviation and travel industry. Our experience in this arena, confirmed through our work with various industry sectors and companies during this project reveal the readiness of the aviation and travel industry to take another step in the fight against corruption and to work together towards leveling the global playing field through cross-industry and cross-regional collaboration with appropriate stakeholders.

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January 21, 2014

Business must disrupt the status quo

Blog_joee_davos14_300x200It’s time for real change. It’s time for disruption.

In the last few years, the world has been lurching from financial crisis to financial crisis. As business leaders gathered last year at the World Economic Forum’s annual meeting, the U.S. government had just narrowly averted falling off the fiscal cliff. Less than a year later, the U.S. found itself in a similar situation, which resulted in the third-longest government shutdown in U.S. history.

Despite all of this, in the U.S., and globally, there have been positive signs of economic recovery and business growth. Momentum continues and that is why I’m optimistic for the upcoming year.

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January 17, 2014

Exploring innovative approaches to tackling humanitarian crises, at the World Economic Forum

Next week, global leaders representing every sector will congregate at the World Economic Forum in Davos, Switzerland, to debate the huge economic, social and political challenges facing the global community now and in the future.

As a Deloitte representative, I will be wearing many hats, but a key focus of my attention will be participating in discussions on how the private and humanitarian sectors can and should collaborate.  I will be attending a number of events to raise awareness of the challenges posed by the escalating cycle of humanitarian crises, resulting from climate change, natural disasters, conflict, and the expanding gap between rich and poor amongst others.

The increasing frequency and magnitude of these humanitarian crises is inflicting heavy social and financial costs for both local communities and business.  Enhancing resilience is clearly vital for all businesses in order to mitigate the potential financial costs of these catastrophic events. And the Deloitte network can offer our clients value through our disaster recovery, business resilience and crisis management capabilities. But how can we add value to the humanitarian sector and play our part in tackling the unmeasurable social costs of these crises?

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January 13, 2014

Deloitte collaborates with humanitarian sector to better prepare for crises

Gx_cr_humanitarian_program_noexpThe increasing frequency, scale and complexity of humanitarian crises are inescapable. According to a new report by the United Nations Office for the Coordination of Humanitarian Affairs (UN OCHA), inter-agency appeals typically target 60-70 million people each year, compared with 30-40 million 10 years ago. This increase can be attributed to a convergence of multiple global trends including climate change, population growth, urbanization, and food and water insecurity.

The Deloitte network has traditionally contributed cash donations during humanitarian crises, as recently demonstrated by the generous response of colleagues around the world when Typhoon Haiyan struck the Philippines. In the immediate aftermath of a crisis, cash donations are incredibly important so that responders can provide for the needs of affected people and communities.

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October 08, 2013

Companies must play a role in driving social progress

BgI recently attended the Ethos Conference in Sao Paolo, Latin America's largest conference on sustainability and social responsibility. Hosted by Instituto Ethos, a Brazilian not-for-profit with over 1,300 member companies, the event was full of fascinating insights into the rise of sustainable business in Latin America. However, the key reason for my visit was to attend the launch of the 2013 Social Progress Index in Brazil.

The Index is the first initiative of the Social Progress Imperative (SPI), a not-for-profit with whom Deloitte has established a strategic alliance. The mission of SPI is to advance global human wellbeing, by combining national social performance and capacity indicators with solutions-oriented outreach to sector leaders, and grassroots champions, who together can effect large-scale change. The 2013 Index ranks 50 countries across the globe by their level of ‘social progress’. The methodology, designed by Michael E. Porter of Harvard Business School and Scott Stern at MIT, is a response to a growing recognition that GDP alone is not an adequate measure of a country’s wellbeing. The Index is an attempt to address this by creating a measure that focuses solely on societal and environmental indicators. 

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