wo

Financieren Duurzame Innovatie

Maatschappelijke context

Veranderende voorkeuren

Zakelijke gevolgen

Daan Dijk, Rabobank MVO Koplopers netwerk 25 maart 2014 Daan Dijk

?

Economic transitions are difficult

2

- Abolition of slavery 1833

- Equal payment of women 1970

- Animal rights?

- Biodiversity preservation ?

- Planetary boundaries?

Change drivers, under currents, blind spots & denial

The Dynamics of Change ….

Driving force Dynamics

meaning slow

equity medium

efficiency fast

Cultural realm

Political realm

Economic realm

values preferences

rules laws

Resources Money

Markets

Regulators

Change is the outcome of many interacting decisions

Rabobank’s struggle for Allignment on SD

4

If it is legal it is alright!

Some may worry about people &

planet, but I am responsible for

profit , damnit!

We do’nt want to be

do-gooders, do we?

Sustainability is in the

genes at Rabobank

Sustainability is not a no-brainer in corporate boardrooms

Sustainability is not an option but a

precondition for profitability

Sustainability drives innovation

and competetiveness

Am I my brothers keeper?

Limits to Growth 1973

. Limits to Growth estimated that by

now we would begin to see declines in

food production, population, energy

availability and life expectancy. None

of these developments has even begun

to occur, nor is there any immediate

prospect that they will. So the Club of

Rome was wrong at least in the time

frame contemplated. (ExxonMobil

2005, Shell 2009)

Vested interest in denial ?

Limits to Growth: the 40 yr reality check

1900 1950 2000. 2050 2100

Years

1: 2: 3: 4: 5:

1.30e+10 6.00e+12 4.00e+12

40.00

0.00

2.00e+12

1: population 2: food 3: industrial output 4: pollution index 5: resources …

1

1

1 1

2

2

2

2 3

3

3

3

4 4

4

4

5

5

5

5

Nonrenewable

Resources

Pollution

Food

Population

Industrial Production

(Meadows et al. 1972, 1992, 2005)

We are still on the overshoot and collapse path

Predicting is hard…..

7

“if we look at things like renewable

wind, solar, biofuels, we have those

sources over the next 30 years

growing 700-800 percent. But in

the year 2040, they’ll supply just 1

percent”. Rex Tillerson, CEO

Exxon Mobile, March 2013.

hard to imagine the unimaginable

REN21, 2011

8

Unaccounted societal costs are socialised

Towards a new, less anthropocentric, perspective on things

The closer the economy approaches the scale of the Planet the more it will have to conform to the physical behavior mode of the Planet: i.e. become Circular

Blue Planet

Populat

ion

21C Transition to a Circular Economy also Economic

Hedge against scarcity and driver of corporate innovation and profitablity

Renewable Resources Extracted non-renewable resources

Modern Business Model adress…

11

Resource Scarcity Changing Legislation Consumer Values

Business Drivers: Cost, Brand Protection, Attraction of Capital

New business models are emerging….

12 Sustainable Value as a solid basis for Profit

“To us the question is no longer how we can use society to be

successful but rather what we should add to society to be

successful. So, our mission is to make society better” , Trouw, Nov.

2011

“we are a commercial enterprise, but is nicer to make a profit

with good products and leave the world in a better state to

posterity ”, Duurzaam ondernemen, Nov 2007

Food & Agri Industry

Chemical

industry

Bioneering: the new innovation wave

Agriculture takes centre stage again in providing Food, Feed and Functionals

Bio Based Economy,

The BBE is a new way of working with nature:

To provide superior products: Food, Feed, Functional molecules

Value Drivers :

Environmental: lower footprint , less waste

Economic: cost of feedstock, carbon or waste taxation

Strategic: licence to operate , branding , renewable Inputs :

Solar Energy, CO2, Water, Soil

Human Ingenuity ,Enabling Capital

Copying Nature on an Industrial Scale

Energie Akkoord

15

0,0

20,0

40,0

60,0

80,0

100,0

120,0

2012

2023

Nederland loopt achter en moet nu inhaalslag maken

Upcycling in the Waste Market

EU waste market 2700 MT

– Only 40% is recycled

NL waste market 60Mton,

– 84% (50MT) recycling, 8MT energy

recovery & composting, 2MT landfill

– Decoupling of GDP & waste volume (-2%)

Turnover 12-13 bn EUR/a, (EUR

200/ton)

– 55% in wholesale of secundary materials .

– 45% waste collection (EUR 2 bn),

preparaton for recycling (EUR 1,5 bn) and

waste treatment (EUR 2 bn).

16

Consistent Dutch Municipal Solid Waste to Value strategy pays off

Rethinking Mineral Loops

17

• Farmers around the world require 135 Mio tons of mineral fertilizer per year • Traditional urban sanitation wastes 50 M tons of fertilizer equivalent (N,P,K)

• Time to explore new ways of co-operation between urban and rural areas , industry and farming, public and private sector

Municipal waste is a valuable resource that can be put to good use

In Sync with Nature

We can live in abundance

If we co-operate with Nature

Base the economy to the MAX on renewable resources (building, food, biomaterials, solar

energy, water)

Recycle abiotic nutrients

18

The Earth’s Resources are Finite, Human Ingenuity and Solar Energy are Infinite