GRI, Sustainability Reporting and G4


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Presented at the Green Business Conference 2013, in Istanbul.

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GRI, Sustainability Reporting and G4

  1. 1. GRI, Sustainability Reporting and the G4 Guidelines Letshani Sithandiwe Ndlovu Network Relations Coordinator 17 September 2013, Green Business Conference, Istanbul
  2. 2. • Measurements which enable organizations to change the way they manage their impacts • Promoting change G4 is about ‘focus’ to promote significant change What is GRI about? Vision A sustainable global economy Mission To make sustainability reporting standard practice
  3. 3. Why report? OPPORTUNITIES RISKS INTERNAL EXTERNAL Attract and retain talent Reduce waste, water usage, CO2 Government & stock exchange requirements Improve management Process Attract Investors Competitive advantage Enhanced reputation & loyalty Stakeholder engagement
  4. 4. G3.1 Guidelines • G4 built on G3.1 Guidelines G4 Objectives • Be user-friendly for beginner and experienced reporters • Improve technical quality, with clearer definitions • Align with other international reporting references • Lead to reports that focus on material topics • Offer guidance on how to link sustainability and integrated reporting, aligned with the IIRC • Improve data accessibility (XBRL taxonomy) Due Process followed: 2.5 years, 120 Working Group members, 2 Public Comment Periods 2500 participants Starting points for G4
  5. 5. G4 presented in two parts Download both parts for free on
  6. 6. Facilitating the journey
  7. 7. • Encourages organizations to provide only information critical to their business and stakeholders • Enables concentration on sustainability impacts that matter, resulting in reports that are more strategic, more focused, more credible, and easier to navigate • G4 provides guidance on how to select material topics, and explain the boundaries of where these occur Materiality List all the material Aspects identified in the process for defining reporting content
  8. 8. Defining Material Aspects and Boundaries
  9. 9. In Accordance – Two Options
  10. 10. In Accordance – Two Options
  11. 11. GRI Content Index – e.g. Comprehensive
  12. 12. General and Specific Disclosures
  13. 13. New and revised disclosures Ethics & Integrity General Standard Disclosures G4-56 (Core & Compr.) G4-57 to G4-58 (Compr.) Governance General Standard Disclosures G4-34 (Core & Compr.) G4-35 to G4-55 (Compr.) Supply Chain General and Specific Standard Disclosures G4-12: Description of the Supply Chain (Core & Compr.) G4-EC9: Procurement Practices Supplier Assessment & Grievance Mechanisms (Env,Lab,HRs,Soc) GHG Emissions & Energy Specific Standard Disclosures G4-EN3 to G4-EN7 G4-EN15 to G4-EN21 Anti-corruption and Public Policy Specific Standard Disclosures G4-SO3 to G4-SO6
  14. 14. • Current 10 Sector Supplements content will be re- organized based on G4 • Reporters to consider this content when defining what is material • If material, sector disclosures are to be reported • 10 “Sector Disclosures” tables will be published on GRI website Sector Disclosures
  15. 15. • OECD Guidelines for Multinational Enterprises • United Nations Global Compact ‘Ten Principles’ • UN Guiding Principles on Business and Human Rights Alignment with other frameworks
  16. 16. • G4 translation to Turkish: • Technical enquiries: • G3/G3.1 reports accepted for 2 more reporting cycles  Reports published after 31 December 2015 should be prepared in accordance with the G4 Guidelines • GRI recommends that first time reporting organizations use the G4 Guidelines Transition from G3/G3.1 to G4
  17. 17. Conclusion • G4 future of sustainability reporting • Value of the sustainability reporting process • Embrace sustainability reporting and G4 now!
  18. 18. THANK YOU Contact me: