1. Why and how to produce your
first GRI sustainability report
This training is provided by GRI Focal Point USA
in collaboration with US Sector Leader Bloomberg
Rina Levy, ESG Analyst – Bloomberg, USA
rilevy1@bloomberg.net
Daniela Duca, ESG Analyst – Bloomberg, LND
dduca1@bloomberg.net
Marjella Alma - Manager External Relations – GRI USA
Venue, Date alma@globalreporting.org
+1 917 690 0909
Webinar GRI Focal Point USA & Bloomberg, 20 April 2012
2. Vision of the Global Reporting Initiative
A sustainable global economy where
organizations manage their economic,
environmental, social and governance
performance and impacts responsibly and
report transparently.
Question: what
essential information
did we forget to
account for in the past?
5. Most Bloomberg ESG customers are financial
professionals in major financial centers
CUSTOMER SEGMENTS BY CUSTOMER SEGMENTS BY
FIRM TYPE SALES REGION
Pension
Funds
// Environmental, Social, Governance
Insurance 3%
Companies
3% AL
Government FF
3%
Agencies TO 4%
4% 4%
DU
5% London
Hedge Money 30%
Managers SF
Funds
29% 5%
7%
Brazil
Corporation 6%
s
8%
Singapore
6%
Banks
9% Brokers
21% Hong Kong
Universities 9%
New York
12%
28%
33
6. …capturing standardized cross-sector
and industry-specific metrics.
Relative number of hits per indicator
Number of Board Meetings for the Percent, June-Sep 2011
Year
» 170+ fields
GRI Criteria Compliance downloadable
// Environmental, Social, Governance
% Women on Board
» ESG Disclosure most
Number of Employees - CSR used field
Number of Independent Directors » Environmental fields
UN Global Compact Signatory get 43% of the hits
CEO Duality » 52 sector specific
fields and more to
Size of the Board
come
% Independent Directors
ESG Disclosure Score
0.0 2.0 4.0 6.0 8.0
FA ESG <GO>
7. STANDARDIZE DATA?
70% OF GRI
COMPLIANT
COMPANIES HAVE
// Environmental, Social, Governance
A BLOOMBERG
ESG DISCLOSURE
SCORE OF 50 AND
ABOVE
79% OF
COMPANIES THAT
SCORED BELOW 50
ARE NOT GRI
COMPLIANT
8. STORY?
DOES RAW DATA TELL THE WHOLE
// Environmental, Social, Governance
15. Recent research shows that..
sustainability reporting is de facto
The largest and most law for business
comprehensive survey
of CR reporting trends
published sustainability reporting enhances
financial value
Vast coverage of 3,400+
companies combined reporting leads to IR
Most comprehensive data integrity is essential
study since the first
report in 1993
leaders choose external assurance
KPMG International Corporate Responsibility Reporting Survey 2011
16. Business case for reporting
Competitive
Opportunities
advantage
Innovation
Attract Improved
investment reputation
Improved
business and trust
models
Stakeholder
Internal Attract talent External
dialogue
Waste, CO2
and water
reduction Governmental and
stock exchange
regulation
Risks
17. Supporters of the business case
• Principles for Responsible Investment (PRI) [2006]
– Currently represents over $22 Trillion in investment capital
– Close to 1000 signatories
• Investor Network on Climate Risk (INCR) [2003]
– Currently represents over $9 Trillion in investment capital
– 90+ members
• Carbon Disclosure Project (CDP) [2002]
– Currently represents over $71 Trillion in investment capital
– act on behalf of 551 institutional investors
• Institutional Investors Group on Climate Change (IIGCC) [2001]
– Currently represents $6 Trillion in investment capital
– 70 members
• Interfaith Center on Corporate Responsibility (ICCR) [1972]
– Currently represents over $100 Billion
– 300 members
19. How does GRI help?
GRI Mission
To make sustainability reporting standard practice by
providing guidance and support to organizations.
20. The GRI Guidelines
GRI Principles:
These guide the content and quality of your
reporting.
Materiality, boundary-setting, inclusiveness,
stakeholder engagement etc.
GRI reporting elements:
1. Profile Disclosures
Strategy, About, Governance.
2. Disclosures on Management Approach
EC, EN, LA, HR, SO, PR
3. Performance Indicators
EC, EN, LA, HR, SO, PR
21. Display data with a GRI content index
As it:
• gives you flexibility to reach different stakeholders in
different ways.
• gives you flexibility to reference already existing
content.
• enhances ease of access for your stakeholders.
• communicates your Application Level.
22. A GRI report..
makes use of the
G3 or G3.1
Guidelines
includes a
GRI Content Index
and preferably
declares an
Application Level
24. Rationale - Application Levels
Objective classification system for G3/G3.1 reports
• Signifies to what extent the G3/G3.1 Guidelines
have been used in a report.
• Meaning: Tells which set & how many disclosures
have been addressed in the reporting.
A pathway for GRI reporters for incrementally
improving GRI reporting
26. “+” reports
More than 70 percent of the G250 and 64 percent of
N100 engage major accountancy firms.
Reinforce credibility among
stakeholders
Improve 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
28. GRI reporting in the USA
200
180
160
140
120
100 USA
80
60
40
20
0
yr99 yr00 yr01 yr02 yr03 yr04 yr05 yr06 yr07 yr08 yr09 yr10
29. 2000
GRI reporting - worldwide
1800
1600 November 2011: The GRI Guidelines
are used by 80 percent of the G250
1400
1200
1000
Rest of Worl
USA
800
600
400
200
0
yr99 yr00 yr01 yr02 yr03 yr04 yr05 yr06 yr07 yr08 yr09 yr10
32. The GRI Guidelines
Free downloads:
• G3.1 Guidelines
• Sector Supplements
(financial services, electric
utilities, airports, mining and
metals, oil and gas, events,
media etc)
https://www.globalreporting.org/reporting/late
st-guidelines/g3-1-guidelines/Pages/default.aspx
33. The GRI Content Index and Checklists
Free downloads:
• GRI Content Index templates
• GRI Checklists
GRI recommends organizations to publish the GRI
Index template, but any format is acceptable.
https://www.globalreporting.org/reporting/reporting-support/reporting-
resources/content-index-and-checklist/Pages/default.aspx
34. GRI info sharing
The Get Started Video
https://www.globalreporting.org/reporting/get-started/Pages/default.aspx
Learning Publications
https://www.globalreporting.org/reporting/reporting-
support/publications/Pages/default.aspx
GRI Webinars
OS – international
OS - USA
35. GRI Certified Training Courses
USA Training Partners
Current
BrownFlynn and Isos Group
To be certified
Boston College, Deloitte and ERM
https://www.globalreporting.org/reporting/reporting-support/gri-training-and-
workshops/certified-training-partners/Pages/United-States.aspx
36. GRI Events
Monthly Organizational Stakeholder Webinars
US Organizational Stakeholder Webinars
General webinars
Friday 20 April – How to create your first GRI
report?
GRI Focal Point USA featuring US Sector Leader Bloomberg
38. The GRI benchmarking tool
reportedon and to what extent.
Sector:
Financial
Services
39. More involvement with GRI?
In 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
40. Thank you!
More information:
www.globalreporting.org
http://database.globalreporting.org
Venue, Date
