 Yes, everyone, we have a speaker from actually we have two speakers from Deloitte and they are going to be reviewing the developments in the market of GHG and related activities. We have both Jacques Bouoth and also Femke, Perlo Hügeven, so I will have both of them introduce themselves and we will then carry on and I'll turn it over to both of you. Thank you very much, Heidi. Thank you very much, Sammy and Johan as well for inviting us here in this. What we feel is a very important forum to talk about. It's very important, not just because of the topic, sustainability, greenhouse gas and the journey that we are all embarked on but also because data in that journey is what I believe is the most important topic. And hopefully in the next half hour, what Femke and myself will present resonates and helps in contributing in that discussion. My name is Jacques. I'm Jacques Bouoth. I'm a partner with Deloitte and within Deloitte I focus on sustainability, on climate, specifically in the European arena. I focus on the EU Green Deal and in the broader context I serve as the lead partner on the United Nations, where of course since 2015 I got introduced to the SDGs and I'm very, very intrigued how the SDGs are now implemented by companies, by corporations and be embedded in the strategy. So that's a little bit of my background. Femke, over to you. Could you introduce yourself? Yes, thank you, Jacques. And also I'm really honored to be here. My name is Femke Haupen. I'm in the same team as Jacques recently joined the sustainability team. I have worked in the energy industry for over 15 years before joining Deloitte and increasingly in the last years focused on carbon management. So at the moment my main role is advising clients in the energy industry on finding their way in a net zero world. And I think this forum and initiative plays a key role in that. So thank you very much. Very good, very good. All right, let's kick off. And I did find out how to navigate. So thanks for that on the screen. What we thought to start with is bringing you on the journey, the sustainability journey that we see a lot of organizations have embarked on for a good reason. A lot of organizations have declared a net zero strategy. CEOs are in the open. The whole society is ready for a change. I think so far is the good news. So what I always say is the why of this is now pretty clear. What puzzles me a bit though is what to do and how to do. And specifically also the how is what involves a lot of data and a lot of unknowns. How to how to capture the data, how to leverage of existing data. And most importantly, and that's where the open group and open footprint group is so important. How to how to also distribute and leverage of each of other existing existing data. So if we we talk about the journey, we we look at the journey as a landscape as a landscape of things in the past things in the present and things and activities that are about to embark in what we see as the as the as the future. And in such presentation on the journey, of course, it's also good to talk about the North Star. What is what is the ultimate goal of what we're here doing. And with that ultimate goal, what is the best way of of of implementing it and what kind of roots you have what kind of choices can you make in order to get to that the destination of being sustainable and and and all benefiting from that as a as a as a society. And, but before we can go to that let's let's first zoom in a bit on on the past right on the on the past on the little bit of the historic perspective. Yeah, here you go. So, historic perspective, looking, looking at this is is a lot of happened. I already alluded to the fact that I serve the UN as my key client and in 2015, when the when the sustainable development goals were announced, they were pretty much embraced by government by by by the by the by the public sector for first and not resonate very well in in corporate society that has changed obviously had that has changed dramatically in the last in the last couple of years starting in in 16 I would say already 2016 2017, but also the whole societal relationship with the young generation becoming much more vocal on on the topic of decarbonization of climate also the young generation that is that is entering the workforce has a completely different attitude to this topic than than ever before and because of that things started to change right Paris in cop who was a long time ago we're who are now almost on in the next one cop 26 in Glasgow, and a lot of things have happened in between. I'm from Europe, as you can recall my on my language on my and in Europe we are very proud to have the Green Deal initiated with a big step forward on the eotexonomy and things that that that European countries embarked on but but I'm also quite positive that other parts of the world, starting with with us now also very very quickly embarking on similar on similar initiatives. So a lot of initiatives, a lot of voluntary steps that that were made. But I feel and you see that here with a little bit with a cross line. I feel that we are at the beginning at the beginning of something new the beginning of an era where we have more more a more regulated environment and environment where it's clear. And it's comparable and it's measurable what companies and organizations are doing, and that will have tremendous benefits whilst in the past until now that regulation was not there the measurement was not there in place. It was it was more in the marketing side it was more on the investor relationship side that things happen so so so I, I welcome initiatives like TCFD a couple of years ago, TNFD on biodiversity that that just just kicked in and and probably one of the most important one is CSRD and the eotexonomy corporate sustainability reporting directive that will be in effect and it will affect more than 50,000 small and large organizations in in Europe, and that will move the needle, I believe that will move the needle because then measurement reporting transparency of of data is becoming is becoming a completely different different leak. So, so I said it's the beginning. And it's the beginning of an era where we're starting to explore sustainability explore it in our corporations start doing it already and start doing sustainability already in the organizations and across the organizations to leverage on each others. Each others data. So very important decade as the UN is disclosing it the decade of action. Now it needs to happen. Otherwise, we are too late. So, so now it needs to happen. And when we're starting to implement actions. Which we're doing right we're doing in a lot with respect to sustainability. I believe there is there are two roots basically you can you can follow one in order to become sustainable and to and to implement a lot of activities and the one root is the compliance driven root where where corporations talk about ESG ESG ready ESG ratings and to and to and to make sure and amplify what what activities are being are executed in in in sustainability and climate with respect to decarbonization and the measurement or off. I personally feel it's a good route. Hey, it's a it's a route that will bring us to to a much better world, a world with transparency, a world where we can, yeah, where we can all be be better as as organizations, but it's not our ultimate goal. So for me, the ultimate goal is seek and look for a purpose driven route and in the purpose driven route, the SDGs, the 17 SDGs of the UN are the guideline are the compass of organizations to to to to to build their purpose and from their purpose start building and implementing a strategy around it. So a subtle difference, ESG compliance driven versus SDG purpose driven. Both are good, by the way, I'm not, I'm not criticizing one or the other. But for me, the root of purpose driven organizations, taking the SDGs and betting the SDGs in purpose in the strategy is is a route that will that will clearly bring us to a stage where being sustainable is in the DNA of an organization. It's it's it's it's it's included in each and everyone in the organization and and and also in the from the from the customers to the employees and the and the whole reporting reporting as well. It's my next slide coming. Yeah, there's my next slide. Yeah. So, zooming out a bit the journey. Current world economically driven climate change issue economical harm society inequality. Our characteristics of that economically driven world. And on the right hand side, where it's an impact driven world where we have solved a couple of the couple of the issues. But before we are there, we need to have that journey and we're in that journey together. Where, where we look on the one hand at being impacted. And on the other hand is make an impact to become that purpose driven, driven organization with that. I, I would like to hand over to to Femke to talk a little bit more about making an impact versus being impacted and adaptation versus transformation and the activities that needed to be performed by organizations over over to you. Yeah, thank you, Jack. And indeed, looking at that journey, we have tried to think of a framework of thinking of what it means being sustainable. And we came up with this two by two. And I'd like to walk you through and there is not an ideal quadrant that you need to to get to or or a quadrant that you need to avoid. You really need to play across the board to be sustainable. And I think that you can see for yourself where your company is on the journey and where your company may not be playing yet. And also where you could position your own organization on make an impact or being impacted or on the range of adaptation to transformation. And making an impact really means thinking of the actions and activities that will make a difference to the world around you and being impacted is really looking at it the other way around. So how does that world around you that you have no control over impact your company and your company's activities. And if you look at the adaptation transformation range, it's really about how do I respond to certain changes or how can I pro actively design my company strategy and reinvent my company to be fit for the future. Now, let me walk you through each of these quadrant starting at the at the top left. For example, and you look at making an impact and adaptation. And you can think of, for example, water management activities to protect your company's activities against a sea level rise or very tangibly as shown here, building dykes to protect protect rising waters. But also, for example, investment in micro grids for renewable energy really take looking at the opportunities that that that can arise here. And if you move down to being impacted and adaptations you see a number of physical risks there. And you can think of how your company deals with those changes. For example, the key change of climate change. Looking at where the physical risks are looking at your company's office locations, operational bases, your supply chain and thinking of what you can do to manage those risks. If we look at the one quadrant to the right and they're being impacted and transformation quadrant, that's where we arrive in the area of transition risks and social risks. And you can think of how you can proactively align your company strategy to play there. So Jacques mentioned the the taxonomy and the new corporate sustainable reporting directive. So you know that there are certain regulatory changes being prepared having been announced. How do you prepare for that? How do you turn that into an opportunity also. But also, for example, new technological developments and I think many of your companies are very actively working on that. And what is the impact, for example, on new technology acceptance or lack thereof. How do you play into that. Now moving to the right, you can see how your company's transformation can make an impact and contribute to achieving a more sustainable world. And greenhouse gas emissions reductions are of course a key part of that. But also, for example, the activities in water management or protecting biodiversity safety and work very, very important in our industry circular economy. And I said that there is not one ideal quadrant or quadrant to avoid. And I think that this makes clear that you need to continuously think of where am I, where can I make a difference, what external factors do I need to take into account, what do I need to respond to. So the infinity loop is really to reflect on how you are continuously shaping and reshaping your strategy. And also, for example, when you're looking at the data requirements and the reporting to support your transformation journey. So, thank you, Jacques. I think that, I think that. Give us enough to understand how we, how we look at this. This journey over to you for the big picture. Yeah. Thanks. Thanks. Thanks. And. And I think it's good to, to, to understand that there is much to do and there is much to do at many different levels. And much to do also interchangeable. So, so, so it's not a linear approach that we that we're looking for for climate and sustainability. But yeah, but there is much, much more to it. And that makes it difficult because it's different and more difficult than than other business problems and societal problems that we have that that we that we faced before. And also from a business perspective, much more difficult to solve. One of the reasons I think it's, it's more difficult to solve this problem is, is, is the element of data and the fact that that the, the reporting and the, and the problem solving. In terms of greenhouse gas and, and, and climate is dependent on data elements that we are that we have not used before. And, and, and I even believe that some of the data elements are not available in the form that we that we have to use them. And, but you have to report on them, let alone the fact that if we have, if we do have that data within our own organization, how do we make sure that in scope three discussions that we use and leverage the data from from others and buy others. So, so, so this element of data and data consistency and data transparency bring that into into discussion for me is, is, is elevating this topic to a to a to a next level. And, and as I said in the beginning, we will now start to get some guidelines, which is good, because then the playing field will become more, more, more understandable. And we can really focus on, on getting the processes within an organization, getting the data elements within an organization and beyond an organization in line with with with those with those requirements. So, so we're in a pretty good spot, but, but a lot, a lot of things need to happen and we need to work with with a lot of different parties of which I see here in this group in this forum. A lot of them existing and looking at the at the at the platform players, the big technology players, the innovation that that exists in that in those organizations collectively. And, and within those organizations also being able to, to bring those new elements into into organizations is what we is what we need. So, so I'm really enthusiastic when when Johann when when others also approached us to to to become member and participate in the digital footprint forum to to contribute to that discussion because if we do it together. And if we together come up with with with some of the answers of the questions that that organizations have today. We can, yeah, we can, we can use the next couple of years in in building those into the processes building it into organizations and start benefiting from the outcomes, the reporting and the transparency that that is much that is much needed. So, what I've what I've thought about together with with with with Femke and and and we did discuss it with Johann and a few others is to have a call to action for this group and the group of open footprint forum, a call to action and and work together collectively on on what we call a piece of data transparency or an articulation of the need for data data transparency into an event that that we will all be seeing in the next couple of months in November, COP 26 so we believe that that is a forum where this topic of of data, data transparency can be can be elevated to a much higher level than it than it is today. And what we what we see what we envision is is work as a partnership with with open footprint and and and and and agree with this group on the on the data standardization the scope of of the of the data. Next step, use all the members and we have quite a collective brainpower here in this in this group in this call today actually already at work with it group to collaborate together on identifying common challenges, but also more importantly identify common ground and where do we agree where the standards should be how they should look like and how they can contribute to the to the to the to the big challenge that we have ahead of us. How do I see that happening in in surveys in interviews on on C so surveying corporation CIOs chief data officers in in in value chain organizations across many sectors. So not just in oil and gas, not just an energy but the the entire supply chain of of of the organizations and how they can use and leverage of each other's data footprint to become better organizations and and report in in in a better way. When that's done the surveys in the interviews, we envision to bundle it together, bundle it together in an in an open footprint report with some with some with some high level statements high level agreements and specifically working on that common ground and where do we agree on on on on the items to be to be handled. And if we have that available, say, say, say around October, then, then we can start thinking of an oven of a lounge in cop 26 from open footprint forum and in in presenting presenting the results and presenting the common the common ground on data and elevate actually data as as as an important topic into the into the discussion and into the discussion. And I think I started already with that. So I, I honestly believe the why, why we need to do this is pretty clear. It's very clear to all of us. Corporations, but also CEOs and others, they really struggle on on what to do and how to do it and what to do and how to do and I believe that this group does have the does have the the instruments available to to make that happen. How we do it is dependent on data. What we do in processes is also heavily dependent on what we agree on the on the on the standardization of of of data. So that's my call to action. And hopefully this group and people with who are attending can comment on it. Now, of course, in the chat or in the Q&A and now is the moment but but also later in the next couple of days, send us an email, give your opinion, give your feedback and and we will we will collect it and bring it back to to the to the group as well. So with that before Sammy and Heidi, I, I open it up for Q&A. I can't see it, but I'm sure that that that you're looking at it. So we look at it as a journey as a journey of multiple years. We're in the past on the on the left hand side. A lot of things happened. A lot of movements, a lot of things happened. And now we're in the decade of action. So we need to stop exploring. We need to start doing actually doing sustainability is what we need to do now and and where that will bring us is yeah that's what the future. The future will tell but but I'm looking at a very positive sunny and bright future for all of us where, yeah, we're more regulation will not stop us, but will actually help us in implementing better, better processes. So with that, Johan, Sammy, any any questions. Jack, thank you so much. And a little bit of history to this all of this. We, we as an open footprint couple of months ago said also within open footprint. How do we get a more top down approach in acceptance of the work we're doing. And that's really was the kickoff with the work we did with Deloitte, we had to meet with Jack and all the people at Deloitte and Jack came up with this approach in this way forward which I fully fully support and we're going to make it work with all of you in the in a couple of months but it gives a little bit of history what we're coming from and why I believe it's very important for us to move this forward together with Deloitte and and the members of course so that was a little bit coming from Sammy anything you want to add to that. No, I just, Jack, just to, to, to comment. I mean, first of all, for, for anybody in the audience that does have questions around the please do submit it via q amp a I don't see any questions in the q amp a yet jack but I, I do have my own question maybe depose of you if I may so I like the, the glass mostly full that sunny optimistic view that you've got. I think it's refreshing now I'm going to, I'm going to put the glass half empty because you know this is hard this is this is difficult right so in your perspective. You know what do you see or the is the biggest barrier or the biggest resistance to achieving the sunny future that you present and what can we do about that. Yeah, of course that's that's that's that's an element as well and you're absolutely right it's it ain't easy. It's not easy because we've not done it before. One, and two, it's, it's, it is also on a topic that we've never done it before and and and on the element of data. I also believe that some of the puzzles some of the elements of the puzzle do not exist yet do not exist so we also need to keep innovating in technological elements in order to to invent new elements and and some of course is easy right the reporting is easy the trading of of of emission rights is easy but but for example the element of of CO2 emissions and the whole farming of it or the storage storage and farming of of of carbon into the soil for example and so there are there are some new technical elements that still need to be invented before we can move it to normal processes where we do reporting and trading and financing and that's that that's what I call more broad and bread and butter risk models. And that's the bread and butter side of what we do know with without those those nuggets of of new elements. It's meaningless. So, so we need to keep innovating and and and put that into the mix as well. Good. No, thank you appreciate that. Good. Any other last questions from the audience. Twice. All right. Well, Jack thank thank you so much. I appreciate it and Heidi maybe or any closing thoughts track from your perspective and then back to to Heidi I think. No, not for me please please send us an email send us an email on the call to action what do you know what do you like what do you don't like. And how would you like to contribute with with Johan with with others in this in this area. Thank you so much. Heidi over to you. Thank you. Thank you. Thank you both. Thank you. Thank you. That was terrific really enjoyed the sustainability journey. And the discussion around the SDGs and ESG as we know that's what is trending and particularly in the EU and getting a lot of traction in the in the US right now as well. And so call to action by all means everyone think about it think about how you would like to contribute how you would like to get involved. And we welcome everyone to to to join us in in this wonderful process of OFP.