Sustainability Reporting: How to get started and why it’s worthwhile Marjella Alma February 11, 2013 2:00 - 3:00p.m. ET About RILA The Retail Industry Leaders Association (RILA) is the trade association of the world’s largest and most innovative retail companies. RILA members include more than 200 retailers, product manufacturers, and service suppliers, which together account for more than $1.5 trillion in annual sales, millions of American jobs and operate more than 100,000 stores, manufacturing facilities and distribution centers domestically and abroad. Learn more at http://www.rila.org Join us this year in Orlando! The 2013 Conference will continue 2012’s four track format:     Environmental Compliance Marketing & Public Relations Real Estate & Facilities Management Merchandising & Sourcing Learn more at http://www.rila.org/rsc or email [email protected] Sponsored by: Latest Trends in Reporting Mike Wallace, Director Global Reporting Initiative, Focal Point USA [email protected] Venue, Date Marjella Alma, Manager External Relations Global Reporting Initiative, Focal Point USA [email protected] RILA, Webinar, 11 February 2013 Key objectives GRI More reports! Better reports! How does GRI help? GRI Mission To make sustainability reporting standard practice by providing guidance and support to organizations. 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 GRI’s latest Sustainability Reporting Framework “G4” The G4 Development Process G4 challenges • Demand for sustainability performance information is increasing • Metrics are not coherent/harmonized • Lack of precision - leads to high reporting and verification costs • Many reports lack material focus • Information in unfriendly formats • “Integrated Reporting” is a trend G4 Objectives • To be user-friendly for beginners and experienced reporters • To improve the technical quality, clearer definitions • To align with other reporting frameworks • To offer guidance which leads to material reports (“materiality”) • To offer guidance on how to link the sustainability reporting and Integrated Report - aligned with IIRC • To provide support to improve data search (XBRL) Revisions • • • • • • • Disclosure of management approach Governance and remuneration Boundary-setting (Value Chain) Application Levels Supply Chain Revision - topics: GHG, Anti-Corruption, And… material topics per sector! Status • GRI Working Groups have finalized their work • Two Public Comment Periods have been successfully completed Next steps • Approval by Stakeholder Council and TAC • Approval by Board • Release on 22 May 2013 Current Status of GRI-based reporting worldwide 95% of Global 250 companies issue sustainability reports 80% use GRI 1 GRI-based Sustainability sustainability reports in US Reports in the USA GRI G3 + G3.1 GRI reference Non-GRI sustainability report US GRI data partner 47 46% growth in absolute number of GRI reports (w/ index) 2010 - 2011 23 269 187 119 141 71 2007 2008 2009 2010 2011 Mainstream involvement Environmental Criteria (2010) Company Names Environmental Disclosure Score Total Energy Consumption (Mwh) Total GHG Emission (Th Tonnes) Water Consumption (Thousands of cubic meters) Total Waste (Thousands of metric tons) 2010 2009 2010 2009 2010 2009 2010 2009 2010 2009 Apple --- 12.40 --- n/a --- 9542.00 --- n/a --- n/a CA, Inc. n/a n/a --- --- n/a n/a --- --- --- --- Dell 37.98 40.31 676.00 619.90 366.19 406.25 1596.00 1683.00 52.61 100.00 EMC --- 54.26 --- 932.51 --- 386.26 --- --- --- --- Fujitsu 55.04 55.04 6638.90 7713.89 273.00 428.00 23106.00 24569.00 32.44 29.71 HP --- 44.19 --- 4046.00 --- 1951.00 --- 7647.00 --- 124.48 Intel --- 46.51 --- 5110.00 --- n/a --- 30379.32 --- 44.48 IBM --- 41.09 --- 6323.06 --- n/a --- --- --- 87.33 Microsoft 11.63 n/a --- --- --- --- --- --- --- --- Toshiba 53.49 56.59 15398.33 15856.11 3078.00 3435.00 52930.00 55800.00 2610.00 291.00 // Environmental, Social, Governance …over time, GRI reporters outperform the benchmark HFA<GO> // Environmental, Social, Governance ASSURED REPORTERS OUTPERFORM EVEN MORE… Low assurance uptake in USA 100% 90% 80% 70% 60% 50% Not assured 40% Externally assured 30% 20% 10% 0% Africa Asia Europe * Data from the Sustainability Disclosure Database as of 12 April 2012 Latin America Northern America Oceania Supply Chain Ripple • Sept 2011 – GSA • Oct 2011 – MS • Jan 2012 - Apple GRI: the New York office • • • • • • • • Governance Bodies – US BoD, Advisory Group 6 Sector Leaders 106 Organizational Stakeholders 6 Certified Training Partners GRI Master Classes/G4 workshops Regional Conferences Webinars (Research) projects HELP: Reduce, Reuse, Recycle Survey Fatigue & SMEs Customer Training Suppliers GRI Stakeholders Regional Capacity Building Program Sustainability disclosure database GRI Benchmark Who reports to what extent Country filter Sector filter Helpful for materiality assessment database.globalreporting.org GRI CONFERENCE 22-24 May 2013, Amsterdam Global Conference and N-A events 11 April 21 May Pre-Conference event at NYSE North American outing, seminar and cocktailparty, NYSE Euronext, Amsterdam 22-24 May Global Conference, Amsterdam Public North-American event & networking dinner June Post Conference events in the US There are sponsorship opportunities 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 Thank you! More information: www.globalreporting.org http://database.globalreporting.org Venue, Date