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GRI ServicesGRI Reporting
by Marjella AlmaManager Report Services Bonn 9 June 2011n report services
A shift in corporate reporting
Financial report
Environmental report
ESG disclosures
ESG disclosures
ESG disclosures
ESG disclosures
Sustainability report
Bonn, 9 June 2011
Drivers of transparency
• Leading companies– supply chain management– objectives & targets
• Financial crisis – the business case for sustainability– shift to longer term thinking
• Investors & rating agencies
Bonn, 9 June 2011
Year Growth rate
1999
2000 300%
2001 177%
2002 14%
2003 20%
2004 65%
2005 36%
2006 38%
2007 37%
2008 58%
2009 34%
2010 22%
GRI based reports tracked in GRI database up to March 2, 2011
Sustainability reporting growth
Bonn, 9 June 2011
Key developments
• Mainstreaming sustainability reporting– continuous development of GRI Guidelines– integrated reporting
• Regulatory environment– governments– stock exchanges
• From report to reporting– stakeholder engagement– multimedia reporting formats
Bonn, 9 June 2011
What you can’t measure, you cannot manage What can’t manage, you cannot change!
Bonn, 9 June 2011
What gets measured, gets managed
What gets managed, can be changed!
How do you measure sustainability impacts?Who defines the metrics to measure them?
Bonn, 9 June 2011
rincipleFocus on those topics that matter most= materiality process
Bonn, 9 June 2011
The tool – the GRI GuidelinesCurrent version G3.1
• World’s most widely-used sustainability reporting framework.
• Designed to be used by organizations of all sizes and types, across sectors and regions.
• Developed by international multi-stakeholder consensus based approach.
Bonn, 9 June 2011
Internal
1. Develop a vision & strategy on sustainability2. Improve management systems and cut costs3. Identify strengths & weaknesses4. Attract & motivate the staff5. Connect departments & promote innovation
Benefits
External1. Enhances reputation, trust and respect2. Improves transparency and dialogue with stakeholders3. Demonstrates commitment to sustainability4. Enables comparability and benchmarking5. Attract investors6. Source of competitive advantage & become a “market leader”
Bonn, 9 June 2011