GREEN                                    is the

                                     new
                                ...
Pros and Cons
 Sustainability
 Non-Financial
 Reporting Types
 Stakeholders
 Value Proposition
 Frameworks &
 Standards
 C...
Frameworks Pros and Cons
Green is the GOOGLE
        Issues
 new Black? “Green Reporting”: 37
        Needs Million

     ...
Frameworks Pros and Cons
Green is the Dynamic shift in
        Issues public opinion
 new Black? Market permission to
    ...
Pros and Cons
 SUSTAINABILITY
The ability to meet the
needs of the present
without compromising the
ability of future
gene...
Pros and Cons
 Sustainability Reporting
 or Environmental
 Reporting
 Corporate Social
 Responsibility Reporting
 ESG Repo...
Partners and
Shareholders
                Suppliers


 Employees     Customers


  Govt. &
                              S...
Pros andtransparency
 Improves Cons
 Helps manage entire
 supply chain
 Yields cost savings in
 short term (e.g., waste
 r...
Pros and Cons(e.g.,
 Attracts capital
 CleanTech funds)
 Impacts share price
 (e.g., Coca Cola, Nike,
 Sunoco)
 Gives comp...
Frameworks Pros and Cons
                 WICI/EBRC
 FRAMEWORKS ESG Framework from
          Issues DVFA/EFFAS
 & STANDARD...
Frameworks Pros and Cons
                Int’l Union for Conservation
FRAMEWORKS of Nature (IUCN)
         Issues SustainA...
Frameworks Pros and Cons
     Issues
    “Sustainability is here to stay
     Needs
    as a central business issue, yet
 ...
Pros and Cons– not
                      Emerging area
                      understood by
                      companies...
Pros and Cons
 Current reports:
   Not well
   understood
   Unusable by many
   Non-comparable
   Lack independent
   ass...
Pros and Cons
                     OPPORTUNITIES
                     Collaborate on a global
                     standar...
OPPORTUNITIES
 Pros and Cons
Satisfy investor & analyst
demand for sustainability
information
Increase importance of
non-f...
FINAL THOUGHTS
  Pros and Cons
Isn’t this just ‘reporting’?

Will ‘being green’ become
all about just ‘being’?

Without su...
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Sustainability Reporting: Green is the New Black

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A high level overview of the issues, challenges and frameworks/standards for sustainability reporting. Includes a focus on XBRL.

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Sustainability Reporting: Green is the New Black

  1. 1. GREEN is the new BLACK 19th XBRL International Conference Brad Monterio, Managing Director Paris, France June 25, 2009 Colcomgroup and CMH Partners LLC © Colcomgroup 2009
  2. 2. Pros and Cons Sustainability Non-Financial Reporting Types Stakeholders Value Proposition Frameworks & Standards Challenges Opportunities Final Thoughts © Colcomgroup 2009
  3. 3. Frameworks Pros and Cons Green is the GOOGLE Issues new Black? “Green Reporting”: 37 Needs Million “Environmental Reporting”: 56 Million “Sustainability Reporting”: 85 Million © Colcomgroup 2009
  4. 4. Frameworks Pros and Cons Green is the Dynamic shift in Issues public opinion new Black? Market permission to Needs be green AND profitable Looking at the entire supply chain Not just a fad or short lived trend © Colcomgroup 2009
  5. 5. Pros and Cons SUSTAINABILITY The ability to meet the needs of the present without compromising the ability of future generations to meet their own needs. World Commission on Environment and Development (The Bruntland Report) © Colcomgroup 2009
  6. 6. Pros and Cons Sustainability Reporting or Environmental Reporting Corporate Social Responsibility Reporting ESG Reporting Enhanced Business Reporting KPIs Others (e.g., risk reporting, business excellence) © Colcomgroup 2009
  7. 7. Partners and Shareholders Suppliers Employees Customers Govt. & STAKEHOLDERS NGOs Regulators Local Media Communities © Colcomgroup 2009
  8. 8. Pros andtransparency Improves Cons Helps manage entire supply chain Yields cost savings in short term (e.g., waste reduction) Builds long term value (e.g., brand loyalty) Enhances brand Encourages innovation (e.g., renewable energy) © Colcomgroup 2009
  9. 9. Pros and Cons(e.g., Attracts capital CleanTech funds) Impacts share price (e.g., Coca Cola, Nike, Sunoco) Gives competitive advantage (vs. peer group) Helps manage risk (e.g., reputation risk) © Colcomgroup 2009
  10. 10. Frameworks Pros and Cons WICI/EBRC FRAMEWORKS ESG Framework from Issues DVFA/EFFAS & STANDARDS Needs G3 Framework from Global Reporting Initiative UN Global Compact 10 Principles (Environment, Labor etc.) OCEG (Open Compliance and Ethics Group) Governance Risk & Compliance Framework Prince of Wales Accounting © Colcomgroup 2009 for Sustainability
  11. 11. Frameworks Pros and Cons Int’l Union for Conservation FRAMEWORKS of Nature (IUCN) Issues SustainAbility with UNEP & STANDARDS Needs Carbon Disclosure Project CERES Principles © Colcomgroup 2009
  12. 12. Frameworks Pros and Cons Issues “Sustainability is here to stay Needs as a central business issue, yet many corporations do not have the right resources or organization to comply with the new demands efficiently or, more importantly, to turn them to business advantage.” -Bob Lurie, Monitor Group © Colcomgroup 2009
  13. 13. Pros and Cons– not Emerging area understood by companies or stakeholders Usually not in the business plan No universal standard… yet Often championed by Marketing or PR, not C-Suite © Colcomgroup 2009 Can’t measure
  14. 14. Pros and Cons Current reports: Not well understood Unusable by many Non-comparable Lack independent assurance Missing link with financial performance © Colcomgroup 2009
  15. 15. Pros and Cons OPPORTUNITIES Collaborate on a global standard (wiki approach) Link to financial performance Elevate to CFO responsibility Integrate w/business planning Utilize XBRL as underlying framework to ensure interoperability with XBRL tagged financial information © Colcomgroup 2009
  16. 16. OPPORTUNITIES Pros and Cons Satisfy investor & analyst demand for sustainability information Increase importance of non-financial reporting to internal and external stakeholders Leverage mass collaboration model to develop a framework and reporting standard that better matches company and user needs © Colcomgroup 2009
  17. 17. FINAL THOUGHTS Pros and Cons Isn’t this just ‘reporting’? Will ‘being green’ become all about just ‘being’? Without sustainable business models, good environmental practices are meaningless Without a global standard, are reports meaningless? © Colcomgroup 2009

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