Sustainability Reporting trends in Switzerland, Germany and Austria 2012
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Sustainability Reporting trends in Switzerland, Germany and Austria 2012

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Sustainability Reporting trends in Switzerland, Germany and Austria 2012 Sustainability Reporting trends in Switzerland, Germany and Austria 2012 Presentation Transcript

  • SUSTAINABILITY REPORTING IN SWITZERLAND, GERMANY AND AUSTRIA: STATUS QUO AND TRENDS Evaluation of the GRI Disclosure Database August 2013
  • Sustainability reporting in German speaking countries: What is the current state? The number of sustainability reports is steadily growing. A look into the reports data base, which the Global Reporting Initiative GRI launched in November 2011, shows, how sustainability reporting in the German speaking countries has evolved and which organizations and sectors are reporting their economic, environmental and social impacts. 2
  • Approach As a Data Partner of the Global Reporting Initiative GRI, BSD contributes to providing a comprehensive overview of the current status of sustainability reporting. Region based reports are collected and analyzed on a monthly basis. The collated information is entered into the GRI Sustainability Disclosure Database. For this analysis, BSD Consulting evaluated data from GRI‘s Database for Germany, Austria and Switzerland. 3
  • Key Findings • The importance of sustainability reporting is steadily growing, but the practice is not yet prevalent.  Organizations with a systematic and transparent communication of their sustainability performance can still differentiate themselves substantially from the crowd of non-reporters. • The majority of reports is published by large companies from the private sector. At the same time, more and more small and medium-sized enterprises are also publishing sustainability reports.  • Also for smaller organizations it can be interesting to highlight their sustainability performance. While GRI has asserted itself as the most prevalent standard for sustainability reporting, the trend for integrated reporting still waits to breakthrough.  This trend will be crucially influenced by recent innovations such as the new G4 guidelines, the consultation draft of the International Integrated Reporting Council (IIRC) and their improved linkage. • One third of the GRI-reports published in 2012 achieved the transparency requirements of application level A.  Application level A is no longer as attractive to differentiate against other reporters – contrary to the prevalent opinion of many reporters. 4
  • WHO‘S REPORTING?
  • More and more sustainability reports are published every year – but sustainability reporting is not yet widespread. 287 300 Germany 247 250 Number of reports Austria Switzerland 200 159 150 86 100 69 38 50 8 0 99 6 11 35 26 Number of sustainability reports in GRI’s Sustainability Disclosure Database Comparison: Total number of companies in these countries Large Austria SME: 10 – 250 employees (excl. micro-entreprises) Germany Switzerland Data source: Sustainability Disclosure Database of the Global Reporting Initiative GRI, Analysis: BSD Consulting, April 2013 1'000 SME 30'000 19'000 321'000 3'000 38'000 6
  • More and more small and medium-sized organizations are reporting. 200 Number of reports 163 Austria 169 Germany 150 Switzerland 94 100 42 50 43 51 63 58 40 24 22 2009 2010 11 0 2009 2010 2011 2012 Small and medium-sized enterprises 2009 2010 2011 2012 Large enterprises (≥ 250 employees or > €43 Mio. turnover) 2011 2012 Multinational enterprises Reporting organizations by size Data source: Sustainability Disclosure Database of the Global Reporting Initiative GRI, Analysis: BSD Consulting, April 2013 7
  • The percentage of large companies, who publish a sustainability report, still remains small. 3.0% 2.5% 2.0% 1.5% Perspective: In April 2013, the European Commission adopted a proposal for a directive enhancing the transparency of large companies on social and environmental matters. 1.0% 0.5% 0.0% Switzerland Germany Austria Large companies (incl. MNEs) who published a sustainability report in 2012 (as percentage of all large and multinational companies present in the resp. country) Data source: Sustainability Disclosure Database of the Global Reporting Initiative GRI, Analysis: BSD Consulting, April 2013 8
  • The majority of reports have been published by companies from the private sector Private company, listed 2% 7% 2% Private company, non-listed 3% Public institution 4% 43% 8% State-owned company Subsidiary Partnership Non-profit organization 30% unassigned n = 287 Reporting organizations by organization type Data source: Sustainability Disclosure Database of the Global Reporting Initiative GRI, Analysis: BSD Consulting, April 2013 9
  • Not only listed companies publish a report! 140 Number of reports 120 100 69 80 50 60 40 30 58 20 49 18 0 Austria Germany Listed Switzerland Reporting practice of companies listed at the Swiss Stock Exchange: Almost 50% of companies listed in the Swiss Market Index SMI published a GRIreport in 2011 and/or 2012. For the SPI (Swiss Performance Index), companies with GRI-report account for 20%. Non-listed Reporting organizations: listed and non-listed organizations Data source: Sustainability Disclosure Database of the Global Reporting Initiative GRI, Analysis: BSD Consulting, April 2013 10
  • The financial services sector is the sector which publishes the most reports Financial Services Other Food and Beverage Products Energy Utilities Real Estate Energy Tourism/Leisure Healthcare Products Public Agency Chemicals 0 5 10 15 20 25 30 Number of reports 2012 35 40 45 Top 10 by sectors reporting Data source: Sustainability Disclosure Database of the Global Reporting Initiative GRI, Analysis: BSD Consulting, April 2013 11
  • HOW HAVE THE REPORTING STANDARDS BEEN APPLIED?
  • GRI has established itself as the standard for sustainability reporting. Non-GRI 100% 90% 16% 17% GRI-referenced GRI - G3 Number of reports 80% 2% 6% 70% Non-GRI: report which has not been compiled based on the GRI Guidelines. 60% 53% 50% 40% GRI - G3.1 77% GRI-Referenced: report explicitly based on the GRI Guidelines but excluding a Content Index. 30% 20% 25% 10% 0% 5% 2011 2012 Perspective: The first reports being compiled according to the newest version of GRI-Guidelines, GRI – G4 (launched in May 2013) are expected to be published by the end of 2013 or the beginning of 2014. n (2011) = 247 n (2012) = 287 Reports by standard applied Data source: Sustainability Disclosure Database of the Global Reporting Initiative GRI, Analysis: BSD Consulting, April 2013 13
  • Only 21% of reporters combine sustainability with financial reporting and publish so-called integrated reports. Total of reports 350 Integrated reports Number of reports 300 250 200 150 100 50 0 2009 2010 2011 2012 Perspective: In April, the International Integrated Reporting Council (IIRC) published a Consultation Draft for Integrated Reporting. We expect integrated reporting to gain in importance in the next years. Integrated reports Data source: Sustainability Disclosure Database of the Global Reporting Initiative GRI, Analysis: BSD Consulting, April 2013 14
  • One third of GRI-reports reached the transparency requirements of application level A in 2012. Nicht deklariert undeclared C/C+ 250 5% Number of reports 200 B/B+ A/A+ 10% 25% 22% 150 12% 25% 100 37% 14% 36% 19% 33% 50 35% 32% 30% 32% 33% 2009 2010 2011 2012 0 GRI-reports by application level Data source: Sustainability Disclosure Database of the Global Reporting Initiative GRI, Analysis: BSD Consulting, April 2013 15
  • The majority of reporters have the application level checked by GRI. Self declaration 100% 90% 23% 24% 35% 80% 70% 60% GRI Application Level Check Third party check 26% 50% 65% 40% 60% 30% 50% 20% 10% 4% 0% 2012 12% (n = 42) (n = 93) 2012 2012 Austria Germany Switzerland (n = 77) Note: the high percentage of reports being checked by a third party for Austria is due to the fact that Austrian reporters often combine GRI-Reports with Environmental EMAS reports. These reports must be validated by an environmental verifier who often also validates the GRI Application Level. Application Level Check Data source: Sustainability Disclosure Database of the Global Reporting Initiative GRI, Analysis: BSD Consulting, April 2013 16
  • In Austria, siginificantly more reports are externally assured than in Germany or Switzerland. 100% 90% 80% 27% 26% 73% Reports with external assurance Reports without external assurance 74% 42% 70% 60% 50% 40% 30% 58% 20% 10% 0% 2012 (n = 53) Austria 2012 (n = 131) Germany 2012 (n = 103) Switzerland External Assurance of GRI Reports Data source: Sustainability Disclosure Database of the Global Reporting Initiative GRI, Analysis: BSD Consulting, April 2013 17
  • Mainly listed companies have their reports externally assured. Private company, listed Private company, non-listed State-owned company Public institution Subsidiary Partnership Non-profit organization 0 20 40 Reports with external assurance 60 80 Number of reports 100 120 Reports without external assurance Reports with external assurance by sector Data source: Sustainability Disclosure Database of the Global Reporting Initiative GRI, Analysis: BSD Consulting, April 2013 18
  • Number of reports Sector Supplements are spreading only slowly: In 2012, 65 reports applied such a supplement. 60 58 40 31 20 0 35 27 12 12 6 3 8 2 2 2 1 1 1 1 1 2012 2011 Sector Supplements (date of launch) Use of sector supplements (reports from sectors, for which a supplement was available) Data source: Sustainability Disclosure Database of the Global Reporting Initiative GRI, Analysis: BSD Consulting, April 2013 19
  • BSD CONSULTING: DATA PARTNER OF GRI
  • About BSD Consulting BSD Consulting is a global sustainability consultancy that provides thought leadership and customized solutions for the management of sustainability issues to international business and governmental organizations. We support organizations in the development and implementation of sustainability strategies and the communication about these efforts. BSD Consulting is furthermore certified training partner of the Global Reporting Initiative (GRI) and GRI’s Data Partner for Switzerland, Germany and Austria. As GRI’s Data Partner, BSD Consulting contributes to providing a comprehensive overview of the current status of sustainability reporting. Region based reports are collected and analyzed on a monthly basis. The collated information is then entered into the GRI Sustainability Disclosure Database. BSD Consulting offers GRI Certified Training Courses which prepare participants in coordinating a sustainability reporting process. The training courses are held in English, German, French and Spanish and include the newest GRI-guidelines, G4. Further information about training courses can be found here. If your organization has a sustainability report and you would like to add this report to the GRI Database and the BSD reports list, please contact us. 21
  • BSD Switzerland Hufgasse 17 CH-8008 Zürich T: +41 44 260 60 23 m.stoll@bsdconsulting.com www.bsdconsulting.com August 2013