Your SlideShare is downloading. ×
0
GRI and Bloomberg: the value of ESG data
GRI and Bloomberg: the value of ESG data
GRI and Bloomberg: the value of ESG data
GRI and Bloomberg: the value of ESG data
GRI and Bloomberg: the value of ESG data
GRI and Bloomberg: the value of ESG data
GRI and Bloomberg: the value of ESG data
GRI and Bloomberg: the value of ESG data
GRI and Bloomberg: the value of ESG data
GRI and Bloomberg: the value of ESG data
GRI and Bloomberg: the value of ESG data
GRI and Bloomberg: the value of ESG data
GRI and Bloomberg: the value of ESG data
GRI and Bloomberg: the value of ESG data
GRI and Bloomberg: the value of ESG data
GRI and Bloomberg: the value of ESG data
GRI and Bloomberg: the value of ESG data
GRI and Bloomberg: the value of ESG data
GRI and Bloomberg: the value of ESG data
GRI and Bloomberg: the value of ESG data
GRI and Bloomberg: the value of ESG data
GRI and Bloomberg: the value of ESG data
GRI and Bloomberg: the value of ESG data
GRI and Bloomberg: the value of ESG data
GRI and Bloomberg: the value of ESG data
GRI and Bloomberg: the value of ESG data
GRI and Bloomberg: the value of ESG data
GRI and Bloomberg: the value of ESG data
GRI and Bloomberg: the value of ESG data
GRI and Bloomberg: the value of ESG data
GRI and Bloomberg: the value of ESG data
GRI and Bloomberg: the value of ESG data
GRI and Bloomberg: the value of ESG data
GRI and Bloomberg: the value of ESG data
GRI and Bloomberg: the value of ESG data
GRI and Bloomberg: the value of ESG data
GRI and Bloomberg: the value of ESG data
GRI and Bloomberg: the value of ESG data
GRI and Bloomberg: the value of ESG data
GRI and Bloomberg: the value of ESG data
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×
Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

GRI and Bloomberg: the value of ESG data

4,580

Published on

0 Comments
1 Like
Statistics
Notes
  • Be the first to comment

No Downloads
Views
Total Views
4,580
On Slideshare
0
From Embeds
0
Number of Embeds
2
Actions
Shares
0
Downloads
106
Comments
0
Likes
1
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide

Transcript

  • 1. Why and how to produce your first GRI sustainability report This training is provided by GRI Focal Point USA in collaboration with US Sector Leader Bloomberg Rina Levy, ESG Analyst – Bloomberg, USA rilevy1@bloomberg.net Daniela Duca, ESG Analyst – Bloomberg, LND dduca1@bloomberg.net Marjella Alma - Manager External Relations – GRI USAVenue, Date alma@globalreporting.org +1 917 690 0909 Webinar GRI Focal Point USA & Bloomberg, 20 April 2012
  • 2. Vision of the Global Reporting Initiative A sustainable global economy where organizations manage their economic, environmental, social and governance performance and impacts responsibly and report transparently. Question: what essential information did we forget to account for in the past?
  • 3. Outline for todayPresentation by BloombergGRI TrainingGRI ResourcesQ&A
  • 4. APRIL // 20 // 2012 ESG 300,000+ // Environmental, Social, Governance
  • 5. Most Bloomberg ESG customers are financial professionals in major financial centers CUSTOMER SEGMENTS BY CUSTOMER SEGMENTS BY FIRM TYPE SALES REGION Pension Funds // Environmental, Social, Governance Insurance 3% Companies 3% AL Government FF 3% Agencies TO 4% 4% 4% DU 5% London Hedge Money 30% Managers SF Funds 29% 5% 7% Brazil Corporation 6% s 8% Singapore 6% Banks 9% Brokers 21% Hong Kong Universities 9% New York 12% 28%33
  • 6. …capturing standardized cross-sector and industry-specific metrics. Relative number of hits per indicatorNumber of Board Meetings for the Percent, June-Sep 2011 Year » 170+ fields GRI Criteria Compliance downloadable // Environmental, Social, Governance % Women on Board » ESG Disclosure most Number of Employees - CSR used fieldNumber of Independent Directors » Environmental fields UN Global Compact Signatory get 43% of the hits CEO Duality » 52 sector specific fields and more to Size of the Board come % Independent Directors ESG Disclosure Score 0.0 2.0 4.0 6.0 8.0 FA ESG <GO>
  • 7. STANDARDIZE DATA? 70% OF GRI COMPLIANT COMPANIES HAVE // Environmental, Social, Governance A BLOOMBERG ESG DISCLOSURE SCORE OF 50 AND ABOVE 79% OF COMPANIES THAT SCORED BELOW 50 ARE NOT GRI COMPLIANT
  • 8. STORY? DOES RAW DATA TELL THE WHOLE// Environmental, Social, Governance
  • 9. RAW DATA ENOUGH?// Environmental, Social, Governance
  • 10. TRANSPARENCY EXPANDING ON THE RAW DATA // Environmental, Social, Governance
  • 11. PEER COMPARISON// Environmental, Social, Governance
  • 12. …over time, GRI reporters outperformthe benchmark // Environmental, Social, GovernanceHFA<GO>
  • 13. ESG VALUATION// Environmental, Social, Governance
  • 14. Rina Levy, MBA Daniela Duca, MScBloomberg LP-ESG Analyst Bloomberg LP-ESG Analyst+609 279 7046 +44 20 7073 3313rilevy1@bloomberg.net dduca1@bloomberg.net // Environmental, Social, Governance
  • 15. Recent research shows that.. sustainability reporting is de factoThe largest and most law for businesscomprehensive surveyof CR reporting trendspublished sustainability reporting enhances financial valueVast coverage of 3,400+companies combined reporting leads to IRMost comprehensive data integrity is essentialstudy since the firstreport in 1993 leaders choose external assuranceKPMG International Corporate Responsibility Reporting Survey 2011
  • 16. Business case for reporting Competitive Opportunities advantage Innovation Attract Improved investment reputation Improved business and trust models StakeholderInternal Attract talent External dialogue Waste, CO2 and water reduction Governmental and stock exchange regulation Risks
  • 17. Supporters of the business case• Principles for Responsible Investment (PRI) [2006] – Currently represents over $22 Trillion in investment capital – Close to 1000 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
  • 18. Mainstream involvement
  • 19. How does GRI help?GRI MissionTo make sustainability reporting standard practice byproviding guidance and support to organizations.
  • 20. The GRI Guidelines GRI Principles: These guide the content and quality of your reporting. Materiality, boundary-setting, inclusiveness, stakeholder engagement etc. GRI reporting elements: 1. Profile Disclosures Strategy, About, Governance. 2. Disclosures on Management Approach EC, EN, LA, HR, SO, PR 3. Performance Indicators EC, EN, LA, HR, SO, PR
  • 21. Display data with a GRI content indexAs it:• gives you flexibility to reach different stakeholders in different ways.• gives you flexibility to reference already existing content.• enhances ease of access for your stakeholders.• communicates your Application Level.
  • 22. A GRI report..makes use of theG3 or G3.1Guidelinesincludes aGRI Content Indexand preferablydeclares anApplication Level
  • 23. GRI Application Levels
  • 24. Rationale - Application LevelsObjective classification system for G3/G3.1 reports • Signifies to what extent the G3/G3.1 Guidelines have been used in a report. • Meaning: Tells which set & how many disclosures have been addressed in the reporting.A pathway for GRI reporters for incrementallyimproving GRI reporting
  • 25. GRI Application Level Check
  • 26. “+” reports More than 70 percent of the G250 and 64 percent of N100 engage major accountancy firms.Reinforce credibility among stakeholdersImprove quality of reported information Improve reporting processes Primarily responding to legal requirements Drive performance 0% 5% 10% 15% 20% 25% 30% 35% Source: KPMG International Survey of Corporate Responsibility Reporting 2011
  • 27. Trends
  • 28. GRI reporting in the USA200180160140120100 USA80604020 0 yr99 yr00 yr01 yr02 yr03 yr04 yr05 yr06 yr07 yr08 yr09 yr10
  • 29. 2000 GRI reporting - worldwide18001600 November 2011: The GRI Guidelines are used by 80 percent of the G250140012001000 Rest of Worl USA800600400200 0 yr99 yr00 yr01 yr02 yr03 yr04 yr05 yr06 yr07 yr08 yr09 yr10
  • 30. American GRI reportersGRI’s Sector Leaders:
  • 31. GRI Resources
  • 32. The GRI Guidelines Free downloads: • G3.1 Guidelines • Sector Supplements (financial services, electric utilities, airports, mining and metals, oil and gas, events, media etc) https://www.globalreporting.org/reporting/late st-guidelines/g3-1-guidelines/Pages/default.aspx
  • 33. The GRI Content Index and ChecklistsFree downloads:• GRI Content Index templates• GRI ChecklistsGRI recommends organizations to publish the GRIIndex template, but any format is acceptable.https://www.globalreporting.org/reporting/reporting-support/reporting-resources/content-index-and-checklist/Pages/default.aspx
  • 34. GRI info sharingThe Get Started Videohttps://www.globalreporting.org/reporting/get-started/Pages/default.aspxLearning Publicationshttps://www.globalreporting.org/reporting/reporting-support/publications/Pages/default.aspxGRI Webinars OS – international OS - USA
  • 35. GRI Certified Training CoursesUSA Training PartnersCurrentBrownFlynn and Isos GroupTo be certifiedBoston College, Deloitte and ERMhttps://www.globalreporting.org/reporting/reporting-support/gri-training-and-workshops/certified-training-partners/Pages/United-States.aspx
  • 36. GRI EventsMonthly Organizational Stakeholder WebinarsUS Organizational Stakeholder WebinarsGeneral webinars Friday 20 April – How to create your first GRI report? GRI Focal Point USA featuring US Sector Leader Bloomberg
  • 37. Sustainability disclosure database
  • 38. The GRI benchmarking toolreportedon and to what extent. Sector: Financial Services
  • 39. More involvement with GRI?In addition to getting started with GRI reporting,you can:• Join the Organizational Stakeholder Program• Become a US Sector Leader• Participate in Working Groups• Participate in Governance Structures
  • 40. Thank you! More information: www.globalreporting.org http://database.globalreporting.orgVenue, Date

×