1 / 15

Taking Sustainability Reporting to Scale

Taking Sustainability Reporting to Scale. Instituto per i Valore d’Impresa (ISVI) Milano, June 29, 2004. Ralph Thurm GRI, Amsterdam. GRI is a UNEP Collaborating Centre. GRI mission.

zev
Télécharger la présentation

Taking Sustainability Reporting to Scale

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Taking SustainabilityReporting to Scale Instituto per i Valore d’Impresa (ISVI) Milano, June 29, 2004 Ralph Thurm GRI, Amsterdam GRI is a UNEP Collaborating Centre

  2. GRI mission • elevate economic, environmental and social reporting to routine practice and to the highest standards of rigour and comparability. • facilitate a multi-stakeholder process to design and continually improve sustainability reporting guidelines for all reporting organizations. 2

  3. everyone’s urgent business 3

  4. Trust Partnership Sustainability Continuous Improvement Accountability Governance Economic Environment Social Stakeholder Engagement Transparency the architecture of sustainability

  5. GRI products GRI sector supplements if available • GRI • 2002 • reporting • guidelines • incremental • in accordance GRI technical protocols all organisations GRI resource documents - issue-spec. - org.-spec. - regionspec. if preferred 5 5

  6. demand for GRI guidelines 456 organisations 45 countries 6

  7. organizational stakeholders 124 OS by June 25 7

  8. governing the GRI and participation in the GRI process Organisational Stakeholders Board of Directors Secretariat Technical Advisory Council Stakeholder Council Multi-stakeholder Working Groups Multi-stakeholder Feedback loops 8

  9. is the business case for a sustainability reporting approach… level of strategy integration from efficiency and “added” value … … only philantrophy? … or a good means for better efficiency? … or a better assessment of the overall corp. risk? the “specialist” + facility specialists + risk management + human resources + IT/Knowledge Mgmt. + investor relations + corp. development + heads of groups + top management … or necessary for good corporate governance? … or to assess the value of intangibles? … or a better understanding of product and service impact and the exploration of innovation? … to effectivityand “blended” value involvement of corp. functions 9

  10. internal effects Which standards/forums are most influential on business practice? 10

  11. publicly quoted GRI pioneers have marginally lower share price volatility GRI indexers: 193, S&P: 798 those companies which not only refer to the GRI Guidelines when preparing their sustainability reports but publish a detailed ‘GRI index’ have, on average: significantly higher profit margins with marginally higher revenue growth. added value ?measuring the “value relevance” of sustainability reporting for all 11

  12. emerging global architecture normative framework UN Global Compact, OECD Guidelines generally accepted accounting principles for sustainability (GAAPS) GRI Framework, IAASB, AA1000 Series marketplaces e.g. GHG Register management systems e.g. ISO, etc. voluntary performance standards e.g. SA8000, etc. regulatory frameworks e.g. Sarbanes-Oxley Act 12

  13. GRI portfolio • the 2002 sustainability reporting guidelines • new generation Guideline expected in 2006 • 2002 version translated into 10 languages • sector supplements • conclude to final: tour operators, financial services-social, telecom, automotive • move to pilot: financial services-environment, mining/metals, public authorities • starting: transportation and logistics • in negotiation: food retail, oil & gas, IT, energy utilities, cement, construction, pharmaceuticals, chemicals, multilaterals, NGOs, universities • technical protocols • conclude to final: energy use, water use • move to pilot: child labour, Health & safety • started: reporting boundaries • candidates: biodiversity 13

  14. GRI portfolio … continued • resource documents • move to final: HIV/AIDS • candidate: limits-based indicators • linkages documents • GRI/Global Compact synthesis • GRI/OECD MNE guidelines synthesis • started: GRI/Japan’s MoE Reporting Guidelines • facilitating digital solutions • meeting with software companies, RFP on the web, strategy development with Arup (consultancy), implementation starting in fall, synchronized with Guidelines revision • other activities • SME projects:- reporting by SMEs in Eastern Europe (report on website)- SME handbook project (funded by Dutch government) • Financial Market Working Group (starting in fall 2004) • Matchmaker Program between reporters and universities/MBA programs (see website “matchmaker”) 14

  15. demand for new GRI products services investor revisions software supplements guidelines time 15

More Related