The new high carbon stock approach, developed by the HCS Convergence Working Group, promises to end the period of confusion created by the previous HCSA and HCS+ programmes, which had differing definitions of what consitutes high carbon stock. In this webinar, three experts debate what the new approach is designed to do better, and how it has brought together the best of both the previous approaches, how the new approach will help companies deliver on their zero-deforestation commitments and the challenges it will present.

Panel:

Dr Simon Lord, group chief sustainability officer, Sime Darby

Grant Rosoman, forests campaigner in Indonesia, Greenpeace, and chair of the High Carbon Stock Approach steering group

Dr Kuan-Chun Lee, senior scientist, P&G

Introducted and moderated by Ian Welsh, publishing director, Innovation Forum

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Marks and Spencer’s sustainable sourcing manager Fiona Wheatley speaks with Ian Welsh from Innovation Forum about how sustainability management can deliver brand trust when companies are prepared to learn and improve their performance and demonstrate that they have an appropriate level of control over their impacts. They discuss how to develop traceability in complicated supply chains, where the critical pinch points are and how to identify realistic pre-competitive collaboration opportunities.

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Hilton Worldwide’s Caroline Melado explains to Innovation Forum’s Ian Welsh the value from human rights impact assessments, what Hilton has learned from the process, and why companies have to look for the risks and not turn the process into a back-slapping exercise.

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Jonathan Horrell from Mondelez talks with Innovation Forum's Ian Welsh about what a good palm oil action plan should look like and how to use it to implement progress on the ground, why "sustainability" goals need to be fully integrated into all business functions, the pros and cons of cross-sector collaboration initiatives such as the Roundtable on Sustainable Palm Oil and why brands take consumer trust for granted at their peril

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Toby Webb and Ian Welsh preview some of the issues and challenges that will frame the debate at Innovation Forum's upcoming deforestation and sugar supply chain conferences, including land use and corporate engagement, campaigners and how far they should be pushing companies in the coming months, and why business is taking the lead in developing sustainable supply chains. 

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James Allan, Verisk Maplecroft's director, human rights and environment, talks with Innovation Forum's Ian Welsh about some do's and don't for collecting and analysing corporate human rights risks data.

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Complexity of supply chains and large numbers of suppliers mean that mapping human rights risks can be a daunting, if necessary, process. Speaking with Innovation Forum's Ian Welsh, Cornelia Gomez, ethical and sustainability practice advisor at AsiaInspection, explains how the best companies go about defining human rights risks and their impacts, and using this to improve performance. 

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Meredith Bates, chief impact officer at east Africa based New Forests Company, discusses with Innovation Forum's Ian Welsh the challenges around developing a sustainable timber supply chain in communities where there are many pressures around land use and access to finance, and the challenges companies face in developing trust with their smallholder suppliers.

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Jonathan Maher, L'Oreal's vice president for corporate social responsibilty and sustainabilty, talks with Innovation Forum's Ian Welsh about developing new business models that benefit smallholder suppliers, the importance of sharing expertise and of transparency in the value chain

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Innovation Forum's Ian Welsh asks Irene Quarshie, vice-president, product quality and responsible sourcing, Target, why supply chain transparency is difficult, if auditing can be relied upon, and why the Rana Plaza tragedy was a game changer for brand awareness   

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