Prof. Dr. László Dinya “Károly Róbert” College, GyöngyösS Sustainable Value Chain and Stakeholder Value Prof. Dr. László Dinya “Károly Róbert” College, Gyöngyös

Main issues Sustainability - mission of the Bioenergy Knowledge CentreSustainability - mission of the Bioenergy Knowledge Centre Sustainable developmentSustainable development Changes in the value creationChanges in the value creation Shareholders versus stakeholdersShareholders versus stakeholders Tangibles versus intangiblesTangibles versus intangibles

About the Bioenergy Knowledge Centre To establish the Platform for research and high-leverage activities over the next decade in the area ofTo establish the Platform for research and high-leverage activities over the next decade in the area of Sustainable Development in the Knowledge Economy with a focus on Eco-energy and Eco- industry Technologies and Corporate Social Responsibility.with a focus on Eco-energy and Eco- industry Technologies and Corporate Social Responsibility. Goal:

Actors of the Bioenergy Knowledge Centre Knowledge Centre Bioenergy Innovation Cluster Cooperating partners Strategic partners Károly Róbert College Mátrai Erőmű LTD. MGI Gödöllő Egererdő LTD. Középtiszai LTD.-Kunhegyes Inter-Tram LTD.- Mátészalka Bátortrade LTD.- Nyírbátor KR Oktató- Kutató LTD. Universities Banks Companies Governmental organizations R + D institutions Multinational companies Local governments Innovation organizations Regional developing organizations Associations

Changes in the value creation From industrial economy to the: – –Service economy – –Knowledge economy – –Network economy From economic value to the: – –Social values – –Ecological values – –Sustainability From the classical value chain to the: – –Value network – –Stakeholder value – –Intangibles

Value chains – value network (Source: Bőgel Gy., 2004.) INBOUND LOGISTICS OPERA- TIONS OUTBOUND LOGISTICS MARKE- TING AND SALES SERVICE PROCUREMENT INNOVATION AND DEVELOPMENT HUMAN RESOURCES INFRASTUCTURE AND MANAGEMENT SERVICE INBOUND LOGISTICS INBOUND LOGISTICS OPERA- TIONS OUTBOUND LOGISTICS MARKE- TING AND SALES SERVICE PROCUREMENT INNOVATION AND DEVELOPMENT HUMAN RESOURCES INFRASTUCTURE AND MANAGEMENT

Activities of the Energy Value Chain

The classical point of view… Value chain

Connected systems… Value network

Integrated systems Sustainable value creation

Stakeholders needs - Transparency, Accountability, Participation The Company Employees Investors Local Communities Advocacy Groups Government Suppliers Procurement Consumers

Shareholder versus stakeholder interest Stakeholder interest Unsustainable (value transfer) Sustainable value Unsustainable (lose/lose) Unsustainable (value transfer) Shareholder interest

Relative Importance of Intangibles Importance Widening networks Financial indicators remain important Non-financial indicators grow in importance Potential for greater participation and wider accountability PASTPRESENTFUTURE

An integrative framework Integrated value INTANGIBLE INDICATORS GENERAL SUSTAINABILITY INDICATORS SECTOR SUSTAINABILITY INDICATORS Enabling Technologies The three circles represent the core expertise areas Social and Ecological Technologies Areas of overlapping needs require collaboration across boundaries KNOWLEDGE NETWORKS PRACTICE COMMUNITIES INTERDISCIPLINARY RESEARCH TOOLS FOR SUSTAINABILITY MANAGEMENT

High-Leverage Research and Projects Enabling Technologies EU Technology Platform for gathering, managing, and disseminating innovation Social change and collaborative process technologies Integrated value INTANGIBLE INDICATORS GENERAL SUSTAINABILITY INDICATORS SECTOR SUSTAINABILITY INDICATORS BE Sector  Enabling Technologies  Reporting for Sustainable Cities  Policies & Regulation  Sustainability Measurement & Reporting  Integration Of Sustainability & Intangible Methods  Intangible Indicators Reporting & Valuation  Usability of Indicators for Business & Cities  Sustainable Cities & Regions 

A participative network of companies, government, and civil society, all moving toward a society of responsible organizations with sustainable value creation. A participative network of companies, government, and civil society, all moving toward a society of responsible organizations with sustainable value creation. Impact:

The CENCE- network

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