In a stakeholder oriented economy, such as that we are facing today, impact is the key concept to assess the results of the environmental, social and governance efforts a company on its journey to sustainable value creation. However, the measurement of corporate ESG impacts is not simple not least because it is expressed according to various metrics (tons, percentages, qualitative scales, etc.), this creating some difficulties in the reading and comparison through space of corporate performance valuation.
In this respect, since a few years there have been increasing attempts to change the measurement basis of some impacts in the direction of “translating” them into financial values. This approach could facilitate a great deal the interpretation of sustainability impacts and performances made by companies, generating also a natural bridge with financial numbers and results and, ultimately, the analysts and the stock exchanges universal language.
The O.I.B.R.-VBA International Seminar aims to illustrate and analyse these new monetization methodologies and their possibility of turning ESG data points into decision relevant information for sustainable value creation to the benefit of managers, investors and analysts by presenting also case studies of companies that are already moving along this innovative and crucial path for the development of sustainability and its understanding and (e)valuation

16:00 Opening, welcome and introduction

Prof. Dr Alessandro Lai, President, Italian Foundation for Business Reporting (O.I.B.R.), and    University of Verona

Prof. Dr Matteo Pedrini, Director, ALTIS Graduate School of Sustainable Management, Catholic University, Milan

16:10  The impact revolution

Sir Ronald Cohen, President, GSG Impact (remotely)

16.20    Impact Accounting in practice and EU regulation

Christian Heller, CEO, Value Balancing Alliance (VBA)

16.35  Company case on disclosure: Integrated Profit & Loss statement

Sonja Haut, Head Impact Valuation, Novartis

16.50  Company case on regulation: The Double Materiality Assessment
Andrea Danner, Specialist Sustainability & EHS, ZF Group, and Beate Stuis, Senior Manager, KPMG Deutschland (remotely)

17.05  Monetizing Impacts and the O.I.B.R. view: some methodological pinpoints on performance measurement
Prof. Dr Lino Cinquini, Chair, Scientific Committee, O.I.B.R. Foundation, and Sant’Anna School of Advanced Studies, Pisa
Prof. Dr Maria Serena Chiucchi, Vice-Chair, Scientific Committee, O.I.B.R. Foundation, and Polytechnic University of Marche, Ancona

17.20  Performance measurement and Decision Making Experiences
Katia Dalla Valle, ESG Reporting Manager, Despar North
Veronica Vari, Group Sustainable Development, Poste Italiane
Francesco Marconi, Partner, Andersen Italy

18.10    Q&A and Final Statements of Presenters

18.20   Wrap up and conclusive remarks

Christian Heller, CEO, Value Balancing Alliance (VBA)

Stefano Zambon, Secretary General, Italian Foundation for Business Reporting (O.I.B.R.), and University  of Ferrara