Global Reporting Initiative The GRI Reporting Framework June 3, BI Centre for Corporate Responsibility
June 3, 2008 What is Sustainability Reporting? Economic Environmental Social
June 3, 2008 Sustainability: Why Should Companies Care? Adapted from: Stuart L. Hart and Mark B. Milstein, Academy of Management Executive, 2003, Vol. 17, No.2 Tomorrow Today InternalExternal Shareholde r Value
June 3, 2008 Sustainability’s Business Results Press Public impact internal results Internal readers External readers Investors Corporate governance / Board Government Trade associations Employees Insurers Supply chain NGOs Consumers Human Resource management R&D management Product management Brand managers Local communities
About GRI
June 3, 2008 GRI: Network Organization
June 3, 2008 Evolving Guidelines Structured feedback process on 2002 guidelines Collaborative working groups International sneak peeks G3 Guidelines released Future development
June 3, 2008 GRI: Trusted, Credible Framework
A Foundation for Good Reporting: the G3
June 3, 2008 G3 Map G3 Principles & Guidance Standard Disclosures Content Quality Boundary Profile Strategy and Analysis Organisational Profile Report parameters Governance, Commitments, Engagement Disclosure on Management Approach (DMA) & Performance Indicators Economic Category Environmental Category Social Category Labour Human Rights Society Product Responsibility
June 3, 2008 Introduction to the Guidelines INPUT Content Quality Boundary Options for Reporting Focused Sustainability Report ABC Principles and Guidance Standard Disclosures
June 3, 2008 Materiality Significance of Economic, Environmental, and Social Impacts Influence on Stakeholder Assessments and Decisions Non-Material Issues Material Issues LOW -- Relative Reporting Priority -- HIGH
June 3, 2008 Setting Report Boundary
June 3, 2008 Setting Report Boundary
June 3, 2008 Standard disclosures Focused Sustainability Report ABC Standard Disclosures OUTPUT A.Profile B.Management Approach C.Performance Indicators
June 3, 2008 Strategy and Analysis Profile Disclosures CEO Statement Description of key impacts, opportunities, risks Strategy & Analysis Organization Profile Report Parameters GovernanceGovernance
June 3, 2008 Disclosure on Management approach
June 3, 2008 Performance Indicators
June 3, 2008 Performance Indicators - Economic Economic Performance 9 indicators (of which 7 core) Economic Performance (4), Market Presence (3), Indirect Economic Impacts (2)
June 3, 2008 Performance Indicators - Environmental Environmental Performance 30 indicators (of which 15 core) Materials (2), Energy (5), Water (3), Biodiversity (5), Emissions, Effluents, and Waste (10), Products and Services (2), (non-)Compliance (1), Transport (1), Overall (1)
June 3, 2008 Performance Indicators - Social Labour Practices and Decent Work 14 indicators (of which 9 core) Employment (3), Labor/Management Relations (2), Occupational Health and Safety (4), Training and Education (3), Diversity and Opportunity (2) Human Rights 9 indicators (of which 6 core) Investment and Procurement Practices (3), Non-discrimination, Freedom of Association, Child Labor, Forced and Compulsory Labor (4), Security Practices & Indigenous Rights (2)
June 3, 2008 Performance Indicators – Social (cont.) Society (8, of which 6 core) Community (1), Corruption (3), Public Policy (2), Anti-Competitive Behavior (1), (non-)Compliance (1) Product Responsibility (9, of which 4 core) Customer Health and Safety (2), Products and Services (3), Marketing Communications (2), Customer Privacy 1, (non-)Compliance (1)
June 3, 2008 Indicator Protocols
June 3, 2008 G3 Map G3 Principles & Guidance Standard Disclosures Content Quality Boundary Profile Strategy and Analysis Organisational Profile Report parameters Governance, Commitments, Engagement Disclosure on Management Approach (DMA) & Performance Indicators Economic Category Environmental Category Social Category Labour Human Rights Society Product Responsibility
June 3, 2008 Application Levels Profile Mgmt Approach Perform. Indicators Report Application Level CC+BB+AA+ Partial No 10 from 3 Report Externally Assured All Yes 20 from 6 All Yes 50 Core + Relevant Sectors
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