Sustainability Reporting and the GRI framework Global Reporting Initiative Focal Point USA Marjella Alma Manager External Relations Venue, Date firstname.lastname@example.org +1 917 690 0909NAEM, Corporate Sustainability Management Conference, 7-8 March 2012
OutlineSustainability ReportingAbout GRIThe GRI GuidelinesDrivers and Trends
Range of terminology• CSR - Corporate Social Responsibility• CC - Corporate Citizenship• 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”?
Recent research shows that.. 1. Sustainability reporting is de factoThe largest and most law for businesscomprehensive surveyof CR reporting trendspublished 1. Sustainability reporting enhances financial valueVast coverage of 3,400+companies 2. Combined reporting leads to IRMost comprehensive 3. Data integrity is essentialstudy since the firstreport in 1993 4. Leaders choose external assuranceKPMG International Corporate Responsibility Reporting Survey 2011
What builds the business case?• Principles for Responsible Investment (PRI)  – Currently represents over $22 Trillion in investment capital – Close to 1000 signatories• Investor Network on Climate Risk (INCR)  – Currently represents over $9 Trillion in investment capital – 90+ members• Carbon Disclosure Project (CDP)  – Currently represents over $71 Trillion in investment capital – act on behalf of 551 institutional investors• Institutional Investors Group on Climate Change (IIGCC)  – Currently represents $6 Trillion in investment capital – 70 members• Interfaith Center on Corporate Responsibility (ICCR)  – Currently represents over $100 Billion – 300 members
Can any of this really be measured? How would you do this?
Towards a sustainable economy..GRI VisionA sustainable global economy where organizationsmanage their economic, environmental, social andgovernance performance and impacts responsibly andreport transparently.GRI MissionTo make sustainability reporting standard practice byproviding guidance and support to organizations.
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.
Display it with a GRI content index Highlights: • Economic • Environmental • Labor Practices and Decent Work • Human Rights • Society • Product Responsibility GRI Sector Supplement • Automotive Supplement
A GRI report..makes use of theG3 or G3.1Guidelinesincludes aGRI Content Indexand preferablydeclares anApplication Level
GRI reports get recognitionGRI reports list - free Featured reports
What about data quality? 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
GRI reporting in the USA200180160140120100 USA80604020 0 yr99 yr00 yr01 yr02 yr03 yr04 yr05 yr06 yr07 yr08 yr09 yr10
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
… involvement with GRIIn 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
Thank you! More information: Marjella Alma Manager External Relations email@example.com +1 917 690 0909 www.globalreporting.org Venue, Date http://database.globalreporting.orgNAEM, Corporate Sustainability Management Conference, 7-8 March 2012