An introduction to sustainability reporting, what it is, trends, benefits, process, and reporting as a service

1. Conservation redefined!
Sustainability Reporting
(Arivalagan Arumugam)

2. What will be presented in this presentation…
What is “Sustainability Reporting”
Benefits of Sustainability Reporting
Global Reporting Initiative (GRI)
Trends in Sustainability Reporting
GRI Standard for Sustainability Reporting
Reporting Process
Sustainability Reporting as a Service

3. Company’s are not only concerned on profit but also on
the business impact on environment and society

4. Consumers are more likely to buy brands that practices
sustainability
Benefits of
improving
sustainability

5. Companies that built sustainability in their business has
shown 18% more profit
Benefits of
improving
sustainability

6. Reducing Costs and Improving Operational Efficiency
Benefits of
improving
sustainability

7. Benefits from Sustainability Reports for Professionals
Best Paper
Award in the
Annual
Conference
of IPPTA in
March 2017
By reading
sustainability reports of
various companies in
the same sector across
the Globe, we can
enhance our
knowledge on how
others are performing
to improve the
sustainability of their
organizations.
Knowledge Bank

8. Company’s want to know where do they stand in terms
of sustainability
Where do my
company Stands
in terms of
Sustainability?

9. It is the practice of measuring, disclosing, about
organizational performance in economic,
environmental and social aspects to all
stakeholders
“What you cannot measure, you cannot manage,”
…..“If you cannot manage, you cannot perform.”
What is Sustainability Reporting?

10. Disclosure in public domain about
financial and non-financial
performance of an organisation
(Governance, Environment, Social,
Health & Safety)
It is an organizational report that
talks about the performance of
three key areas namely
economic,
environmental,
social and
How a typical Sustainability Report look like?

11. Company’s assess their sustainability status & report it to
Stake holders
Stake holders meeting

12. How to improve sustainability
Monitor & reduce
impact on
environment
Monitor &
reduce
resource
use
•Transforming his
equipment used in
the business into
energy efficient
Promoting more
inclusive work
place and showing
concern for the
society

13. The Global Reporting Initiative (GRI)
Organization for Economic Cooperation and development(OECD Guidelines for
Multinational Enterprises)
The United Nations Global Compact (the Communication on Progress)
International Organization for Standardization (ISO 26000,International Standard for
social responsibility)
Ministry of Corporate Affairs with GIZ – has came up with National Voluntary
Guidelines (NVGs)
SEBI has come with ‘Business Responsibility Reporting (BRR)
Who offers the guidance for preparing the report?

14. How to Record these measures and results?
• By doing so company is able to
spot “opportunities to improve
organizational efficiency”
• And also “mitigate potential risk”
areas in his business
Companies refer to the guidelines for
sustainability reporting called as “Global
Reporting Initiative”. GRI is a frame work
for sustainability reporting

15. Trends in Sustainability Reporting among 5200 N100
companies in 49 countries (Source- KPMG)

16. GRI Standard for Sustainability Reporting
Source -https://slideplayer.com/slide/13519872/

17. GRI Standard for Sustainability Reporting
Source -https://slideplayer.com/slide/13519872/

18. Evolution of GRI standard
Source - https://slideplayer.com/slide/13519872/
Sectors – Oil & Gas, Coal,
Agriculture, Fishing

19. GRI Standard for Sustainability Reporting

20. GRI Standards 2020
https://www.globalreporting.org/how-to-use-the-gri-
standards/gri-standards-english-language/
Standards
are Free

21. Process for Sustainability Reporting

22. Sustainability Reporting as a service
Among the world’s 250 largest companies,
71% uses third-party assurance of
sustainability data.

23. A tender for preparing sustainability report!

24. GRI Certified Training Program

25. GRI Certified Training Program
https://griacademy.globalreporting.org/learn/course/external/view/elearning/359/introduction-to-
sustainability-reporting-and-the-gri-standards

26. Sustainability report discloses to the public on the performance with respect to
“economic, environmental, and social impacts” of the business
GRI standards GRI-101, GRI-102, GRI-103, and GRI-200, GRI-300 GRI-400, are
followed while preparing the reports.
What is relevant to the organization and its stakeholders are only reported.
Benefits
reducing cost and improving business and resource efficiency,
reduces risks and provide opportunities,
enables benchmarking, and
build brand image and loyalty of stakeholders
Worldwide Sustainability service is a major business practice
Key Take Away

27. ?
Thank You