Prosper calls for the integration of sustainable development into strategic planning and commercial business delivery. We focus on what matters locally as well as on our global Prosper targets.
To ensure that Prosper delivers its full potential as a route to unlocking value for the business and benefits for society, we have focused during the year on further integrating Prosper into the way we drive business performance. All of our businesses, from Australia to Zambia, and from procurement to sales, have a role to play in delivering Prosper as an integrated part of their strategy and day-to-day activity.
As part of our business planning process, this year each region and global function completed a Prosper progress review, to assess the fit of Prosper with core elements of strategy, and to identify key challenges in delivering our Prosper targets. Insights from this process have been used to identify areas requiring additional focus and resource.
Last year we introduced a Prosper Forum. It is chaired by SABMiller’s General Counsel and Corporate Affairs Director and is attended by our regional corporate affairs directors and senior leaders from each function, such as marketing and sales, supply chain, human resources, and legal. Through the forum we ensure resources and capabilities are in place to deliver our targets, approve policies, lead co-ordinated activities, and manage potential trade-offs.
The carousel below provides an overview of how we have worked to further embed Prosper into our business, from our employees to our suppliers.
Our businesses assess their own SD performance using a bespoke monitoring system, the Sustainability Assessment Matrix (SAM). SAM KPIs are based on measurable outputs – such as water efficiency, carbon emissions or employee diversity – to assess performance towards our 2020 targets. This gives our local operations the data they need to inform their strategic conversations and the reassurance that they are tackling their most material SD issues.
SAM also assesses operations against global core standards for each of our five shared SD imperatives. In certain areas new core standards represent a recalibration of our expectations in terms of overall SD performance. All our businesses are required to meet these standards which, in many countries, far exceed local regulatory requirements.