Automotive industry & gri june 2011
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  • http://www.kpmg.nl/Docs/Corporate_Site/Publicaties/Corp_responsibility_Survey_2008.pdf
  • The 2010 numbers are now final – there have been 1818 reports based on the G3 Guidelines that GRI is aware of.It is interesting to see that two years after a new version of the Guidelines has been introduced, there is a big increase in the number of reports, which is then followed by declining growth. Overall, there has been a 22% growth in GRI Reports in 2010 compared to 2009!
  • Compared to 2009:68% increase in reporting in Brazil56% increase in reporting in Switzerland53% increase in reporting in Canada22% increase in reporting in the USA9% increase in reporting in China9% decrease in reporting in AustraliaNo change in the reporting trends in South Africa
  • http://www.globalreporting.org/GRIReports/GRIReportsList/
  • Added a few more in Jan 2011http://www.globalreporting.org/GRIReports/GRIReportsList/
  • NEED TO DOUBLE CHECK THIS LIST AS SEVERAL HAVE MERGED AND MANY MORE ARE ENTERING THIS AREAMERCER REPORTS?
  • These graphics need to be associated with the Bloomberg announcement about their partnership with the CDP. Need a date too. Sometime in 2008 – Sept.
  • AkzonobelAmerican Electric PowerBASFDSMNovo NordiskNovozymesRabobankPhillipsVan GansewinkelTNT (planned)United Technologies Corporation

Automotive industry & gri june 2011 Automotive industry & gri june 2011 Presentation Transcript

  • Sustainability Reporting Trends
    Sustainability Reporting TrendsAutomotive SectorJune 2011Mike WallaceDirector, Focal Point USAGlobal Reporting Initiativewallace@globalreporting.org+1 212 339 0356
  • What’s the problem?
  • Comes in all shapes & sizes
    CSR - Corporate Social Responsibility
    SD - Sustainable Development
    ES - Environmental Sustainability
    BE - Business Ethics
    CE - Corporate Ethics
    CG - Corporate Governance
    ESG - Environmental, Social & Governance
    IR - Integrated reporting
    What is your “Footprint”?
  • Who cares?
  • Increasing Stakeholders and Demand
    Modern Due Diligence
  • What’s a solution?
  • GRI’s Vision & Mission
    GRI’s Vision
    A sustainably global economy where organizations manage their economic, environmental, social and governance performance and impacts responsibly and report transparently.
     
    GRI’s Mission
    To make sustainability reporting standard practice by providing guidance and support to organizations.
  • Global Reporting Initiative
    Non-profit, originated in United States in 1997
    Reputable, respected, credible multi-stakeholder approach
    Many more reporters have made reference to the Guidelines.
    www.globalreporting.org
  • The GRI Guidelines
    Environmental
    • EN 3 - Direct energy consumption by primary energy source
    Labor
    • LA 7 - Rates of injury, occupational diseases, lost days and absenteeism, and number of work related fatalities by region.
    Human Rights
    • HR 4 - Total number of incidents of discrimination and actions taken
    Product Responsibility
    • PR 6 - Programs for adherence to laws, standards, and voluntary codes related to marketing communications, including advertising, promotion, ad sponsorship.
    Economic
    • EC 4 – Significant financial assistance received from government.
  • G3 Content Index New & Improved
  • What are we seeing?
  • Fortune 250 Survey
    October 2008
    80% of Global Fortune 250 companies now release CR data
    • Doubled since 2005 - up from 37%
    • Increasingly driven by economic concerns
    74% of top 100 US companies published corporate responsibility (CR) information in 2008 either as part of their annual financial report or as a separate document
    Reasons cited:
    • 70% cited ethical considerations as primary driver for CR disclosures
    • 50% cited economic concerns as the leading reason
    GRI is used by:
    • 77% of G250
    • 69% of N100 in 22 countries
  • GRI Reporting Trends
    US Reporters in 1999
    • Bristol-Myers Squibb
    • GM
    • P&G
    • Sunoco
    • 586 first-time reporters in 2010.
    G2
    G3
  • GRI Reports by Region 2010*
  • Who are some of these reporters?
  • GRI Reports Listhttp://www.globalreporting.org/GRIReports/GRIReportsList/
  • GRI Reporters (North American Sample)
  • Where do we find a strong business case?
  • As a buyer, what information do you expect?When you buy a house, a car, a product or service . . . What information do you deserve? Is it useful & comparable?
  • Shareholder Initiatives & Coalitions
    Principles for Responsible Investment (PRI) [2006]
    Currently represents over $22 Trillion in investment capital
    800+ signatories
    Investor Network on Climate Risk (INCR) [2003]
    Currently represents over $9 Trillion in investment capital
    90+ members
    Carbon Disclosure Project (CDP) [2002]
    Currently represents over $71 Trillion in investment capital
    act on behalf of 551 institutional investors
    Institutional Investors Group on Climate Change (IIGCC) [2001]
    Currently represents $6 Trillion in investment capital
    70 members
    Interfaith Center on Corporate Responsibility (ICCR) [1972]
    Currently represents over $100 Billion
    300 members
  • Signatories to the PRI (US)800+ international signatories
    PARTIAL LIST OF ASSET OWNERS (200):
    AFL-CIO Reserve Fund  / AFL-CIO Staff Retirement Plan 
    CalPERS  / CalSTRS 
    Connecticut Retirement Plans and Trust Funds (CRPTF)
    General Board of Pension and Health Benefits United Methodist Church
    Illinois State Board of Investments
    Los Angeles County Employees Retirement Association (LACERA)
    Maryland State Retirement and Pension System
    New York City Employees Retirement System / New York State Local Retirement System
    SEIU Pension Plans Master Trust
    State Universities Retirement System of Illinois
    Teachers' Retirement System of the City of New York
    Universal Health Care Foundation of Connecticut
  • Signatories to the PRI (US)800+ international signatories
    PARTIAL LIST OF INVESTMENT MANAGERS:
    BlackRock
    Calvert Investments
    CBRE Investors 
    Domini Social Investments 
    JPMorgan Asset Management 
    Kohlberg Kravis Roberts & Co, LLP 
    Krull & Company 
    Northern Trust Global Investments 
    Prudential Real Estate Investors 
    Russell Investments 
    TD Asset Management Inc.
    The Townsend Group 
    TIAA - CREF
    • Boston Trust
    • Capital Group International
    • Clear Bridge Advisors
    • MFS Investment Management
    • Principal Global Investors
    • T. Rowe Price
    • Tower Capital Asset Management LP
  • Mainstream Involvement
  • Can any of this really be measured?
    How would you do this?
  • ESG Analysis of Tech Sector
    X Updated 2010
  • Technology Hardware Technology Software & Services
  • Market Evolution
    300,000+ subscribers globally
    3,500+ companies and climbing
    ESG Aspects
    • Emissions
    • Energy Consumption
    • Human Rights
    • Policies
    • Board Make-Up
    Built around GRI
  • ESG Disclosure Score
  • Environmental Criteria
  • Social & Governance Criteria
  • Bloomberg Survey
    “With over 300,000 users, the Bloomberg Professional service provides a great opportunity and platform for you to share information with current and potential investors concerning your Sustainability or Corporate Social Responsibility program.”
    “Our survey is based on the guiding principles of the GRI framework.”
  • So what?
  • NASDAQ OMX Sustainability Index
  • Dow Jones – Ind. Avg. vs. SI
    Source: Bloomberg
  • Bloomberg – Reporters vs. Non
  • What about the automotive sector?
  • Chrysler in dates
    1998: Chrysler and its subsidiaries entered into a partnership dubbed a "merger of equals" with German-based Daimler-Benz AG, creating the combined entity DaimlerChrysler AG Daimler subsequently acquired Chrysler
    2007: DaimlerChrysler announced the sale of 80.1% of Chrysler Group to American private equity firm Cerberus Capital Management
    2009: Chrysler Group LLC emerged from a Chapter 11 reorganization bankruptcy and was sold to the Italianautomaker Fiat
    2011: Fiat bought out the remaining U.S. Treasury’s stake in Chrysler for $500 million increasing its ownership of the automaker to 52%.
    BOTH FIAT & DAIMLER ARE CURRENTLY A GRI REPORTER
  • DAIMLER Reporting
  • DAIMLER Reporting
    http://sustainability.daimler.com/daimler/annual/2011/nb/English/pdf/002_GRI_ENG.pdf
  • GRI Index
  • GRI Index
    Highlights:
    • Economic
    • Environmental
    • Labor Practices and Decent Work
    • Human Rights
    • Society
    • Product Responsibility
    GRI Sector Supplement
    • Automotive Supplement
  • DAIMLER: Product Responsibility
  • FIAT Reporting
    Sustainability Report
  • FIAT: Sustainability Journey
    Highlights:
    • 2004: FIAT issued their first
    Sustainability report
    • 2005: FIAT became a GRI
    Reporter and issued its first
    GRI Report
    • 2009: “Economic, Environmental
    and Responsibility” the name of
    their last report
    • 2011: the last report is coming
    soon
  • GRI Content Index
    Highlights:
    • Economic performance indicator
    • Environmental performance indicator
    • Social performance indicator
    • Employment
    • Human Rights
    • Society
    • Product Responsibility
  • FIAT: Product Responsibility
  • WHAT ABOUT THE CUSTOMERS?
  • Chrysler supply chain
  • ADAC-Non GRI Reporter
  • FORD Reporting
    http://corporate.ford.com/microsites/sustainability-report-2009-10/default
  • FORD Reporting
    http://corporate.ford.com/microsites/sustainability-report-2009-10/gri
  • FORD Sustainability Journey
    Highlights:
    • 2001: Ford issued its first Sustainability
    Report using GRI Guidelines
    • 2009: “Blueprint for Sustainability-the
    future at work” the name of their last
    Sustainability report
    • 2010: The new report is coming soon
    “Business impact of Climate Change”
    FORD’s first report dedicated to the issue of climate change and its effect on business as well as the automotive industry as a whole
  • GRI Index
    Highlights:
    • Economic
    • Environmental
    • Labor Practices and Decent Work
    • Human Rights
    • Society
    • Product Responsibility
  • FORD: Product Responsibility
  • Atlas-Non GRI Reporter
  • BOSCH Reporting
    http://www.bosch.com/en/com/sustainability/report/gri_index/gri-index.html
  • CREATIVE FOAM-Non GRI Reporter
  • Johnson Controls Reporting
  • Johnson Controls Sustainability Journey
    Highlights:
    • 2004: Johnson Controls
    issued their first Sustainability
    Report using GRI Guidelines
    • 2005-2009: The issued several
    Business and Sustainability
    Reports
    • 2010:”Business and Sustainability”
    the name of their last report
    • 2011: Next report coming soon
  • GRI Index
    Highlights:
    • Economic
    • Environmental
    • Labor Practices and Decent
    Work
    • Human Rights
    • Society
    • Product Responsibility
  • Johnson Controls: Product Responsibility
  • General Electric Reporting
    • Strategy and analysis
    • Organizational profile
    • Report Parameters
    • Governance, Commitments & Engagement
    • Management Approach and Performance Indicators:
    Highlights:
    • Economic disclosure
    • Environmental disclosure
    • Labor practices and decent work
    • Human rights
    • Society
    • Product Responsibility
    Product Responsibility
  • Product responsibility: GE
  • GAS-Non GRI Reporter
  • SMR-Non GRI Reporter
  • SMR: Costumers Served
  • TRW-Non GRI Reporter
  • Industry Associations
  • FLEXTRONICS-Non GRI Reporter
  • “Autos” at Goldman Sachs
    Goldman Sachs 2010
  • ESG in the Automotive Market
    Table as of 2010
  • What is next?
  • First Step…
    Standard Disclosure: Report on the TBL
    • Economic
    • Human Rights
    • Environmental
    • Labor Practices and Decent Work
    • Product Responsibility
    • Society
  • Second Step…
  • How else can you find value?
    Government Uptake
    Supply Chain
    Financial Markets, Private Equity & Exchanges
    Integrated Reporting
    G4 Development
  • Global Regulatory Review
    "More governments are making sustainability reporting mandatory.“
    • 142 regulatory instruments addressing sustainability reporting exist in the 30 countries
    • 65 percent of the standards are classified as mandatory, the rest are considered voluntary
    • United States
    • WH CEQ - EO 13514
    • USPS, US Army, etc….
    • GSA
    • Department of State
    • SEC
  • Supply Chain Ripple
    Customer
    Training
    Suppliers
    GRI Stakeholders
  • Mainstream Uptake
    May 2010
    January 2011
  • International Integrated Reporting Committee (IIRC)
    http://theiirc.org
  • Early Adopters of Integrated Reporting
  • What about G4?