Sustainability Reporting Trends Sustainability Reporting y p g Trends October 2011 Mike Wallace Director, Focal Point USA Global Reporting InitiativeVenue, Date firstname.lastname@example.org +1 212 339 0356
Range of Terminology g gy• CSR - Corporate Social Responsibility• CC - Corporate Citizenship p p• SD - Sustainable Development• ES - Environmental Sustainability• BE - Business Ethics• CE - Corporate Ethics• CG -CCorporate Governance t G• ESG - Environmental, Social & Governance• IR - Integrated reporting What is your “Footprint”? Footprint ?
Increasing Stakeholders and Demand Modern Due Diligence
GRI’s Vision & MissionVisionA sustainable global economy where organizationsmanage their economic, environmental, social andggovernance p performance and impacts responsibly p p yand report transparently.MissionMi iTo make sustainability reporting standard practice byproviding guidance and support to organizations 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. sponsorship Economic • EC 4 – Significant financial assistance received from government.
Shareholder Initiatives & Coalitions• Principles for Responsible Investment (PRI)  – Currently represents over $22 Trillion in investment capital – 800+ 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
Sustainability PerformanceGRI Reporters Presence: • 95% of the Dow Jones Sustainability Index • 78% of th FTSE4G d f the FTSE4Good • 70% of the Global 100 • 70% of the NASDAQ OMX CRD Sustainability Index
GRI Developments & Trends• Government Uptake• Supply Chain• Financial Markets• G4 Development
Global Regulatory Review "More governments are making sustainability "M t ki t i bilit reporting mandatory.“• 142 regulatory instruments addressingsustainability reporting exist in over 30countries• 65% are classified as mandatory, the restvoluntary• United States • WH CEQ - EO 13514 • USPS, US Army, etc…. • GSA • Department of State • SEC
Supply Chain Ripple Customer Training Suppliers GRI Stakeholders
Mainstream UptakeMay 2010May 2010 January 2011 January 2011
Continuous Improvement: Sec o Supplements Sector Supp e e s & G4 Development
Sector SupplementsAvailable: Under Development: Pilot Version: Electric Utilities Airport Operators Automotive Financial Services Construction & Real Logistics and Estate Transportation Food Processing Event Organizers Public Agency Mining & Metals Media Telecommunications NGO Oil & Gas Apparel and Footwear
Construction & Real Estate Sector Supplement•Alstria REIT-AG, Germany •Hindustan Construction Company Limited,•APG All Pensions Group, The Netherlands India•Arup, United Kingdom Arup, •International Labor Organization (ILO), International•Bloomberg, United Kingdom Switzerland•British Property Federation, United •Landcom, AustraliaKingdom •Lend Lease, Australia•Building and Wood Workers’ International B ilding International, •Oxford Properties Gro p Canada O ford Group,Switzerland •ProLogis, United States of America•Cebu Holdings, Philippines •REALPac, Canada•Centre for Science and Environment, New •The Energy and Resource Institute gyDehli, India (TERI), India•Ceres, United States of America •UK Green Building Council, United•Citycon, Finland Kingdom•Engineers Against Poverty United Poverty, •United Nations Environment ProgrammeKingdom (UNEP), France•Essar Investments Limited, India •University of Arizona, United States of•Hermes, United Kingdom America •University of Melbourne, Australia
G4 Development ProcessConsensus Based Approach:• Call for Sustainability ReportingTopics (closed)• Registration for Public Comment gPeriod (closed)• Open Public Comment Period (90-day - through Nov. 24, 2011)
Thank you Mike Wallace Director, Focal Point USA Global Reporting Initiative email@example.com +1 212 339 0356 Twitter: M A Wallace M_A_Wallace Linked In: http://www.linkedin.com/in/mikewallaceVenue, Date