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GRI, Foundations


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Marlboro College Graduate School

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GRI, Foundations

  1. 1. Analysis of the Global Reporting Initiative Foundations of Sustainable Business: Joe Christi March 17, 2009
  2. 2. <ul><li>Why the GRI? </li></ul><ul><ul><li>A relationship to my Ambit </li></ul></ul><ul><ul><ul><li>“ Energy Use Reduction in the Technology Sector.” </li></ul></ul></ul><ul><ul><li>Need for data center managers in the technology sector to enact energy efficiencies for reasons other than money. </li></ul></ul>Identify Pain Points Identify ROI Remediation Assessment Does It All Add Up? Standardization of Workflow Process CARBON
  3. 3. <ul><li>Data Center Power and Process Management </li></ul>
  4. 4. <ul><li>Econ-Centric vs. Eco-Centric </li></ul><ul><ul><li>Econ-Centric Economic bottom line </li></ul></ul><ul><ul><ul><li>Social and environmental policies feed the economic policies of a company </li></ul></ul></ul><ul><ul><li>Eco-Centric Economic bottom line </li></ul></ul><ul><ul><ul><li>Social and economic policies feed the environmental policies of a company </li></ul></ul></ul>
  5. 5. <ul><li>The Institute </li></ul><ul><ul><li>Inception in 1997 </li></ul></ul><ul><ul><li>Working with CERES and Tellus Institute </li></ul></ul><ul><ul><ul><li>Initiative started in U.S. as environmental reporting process </li></ul></ul></ul><ul><ul><ul><li>Didn’t gain momentum </li></ul></ul></ul>
  6. 6. <ul><li>The Institute </li></ul><ul><ul><li>Formulation of Steering Committee </li></ul></ul><ul><ul><ul><li>Took initiative global focusing on sustainability reporting </li></ul></ul></ul><ul><ul><ul><ul><li>Social </li></ul></ul></ul></ul><ul><ul><ul><ul><li>Environmental </li></ul></ul></ul></ul><ul><ul><ul><ul><li>Economic </li></ul></ul></ul></ul>
  7. 7. <ul><li>The GRI Framework </li></ul>
  8. 8. <ul><li>The Institute @ 2009 </li></ul><ul><ul><li>Over 1,500 global companies </li></ul></ul><ul><ul><li>Over 30,000 corporate stakeholder </li></ul></ul><ul><ul><li>Acknowledged in over 70 countries </li></ul></ul>
  9. 9. <ul><li>The GRI Framework Guidelines </li></ul>
  10. 10. <ul><li>Institution Scope </li></ul><ul><ul><li>To be the premier standard in sustainable reporting </li></ul></ul><ul><ul><li>Stakeholders are not satisfied, increasing pressure for balanced CSR </li></ul></ul>
  11. 11. <ul><li>Institution Objective </li></ul><ul><ul><li>For companies to focus on the triple bottom line of business making it a core strategy </li></ul></ul><ul><ul><li>You can’t mitigate what you can’t measure </li></ul></ul><ul><ul><li>Strategic planning is understanding where you’ve been, where you are, and where you are going </li></ul></ul><ul><ul><li>Transparency is the best policy </li></ul></ul>
  12. 12. <ul><li>Used by </li></ul><ul><ul><li>Small/Medium Business </li></ul></ul><ul><ul><li>Large Corporations </li></ul></ul><ul><ul><li>Civil Society </li></ul></ul><ul><ul><li>NGOs </li></ul></ul><ul><ul><li>Others </li></ul></ul>
  13. 13. <ul><li>Shortcomings </li></ul><ul><ul><li>Delinquency in validating corporate CSRs </li></ul></ul><ul><ul><li>Voluntary acceptance of GRI framework </li></ul></ul><ul><ul><ul><li>Informal reporting = green washing </li></ul></ul></ul><ul><ul><ul><ul><li>Only show what corporations want to show </li></ul></ul></ul></ul><ul><ul><li>Conflict of interest regarding funding </li></ul></ul>