Contenu connexe Similaire à Finding value in non-financial reporting (20) Plus de Mike Wallace (20) Finding value in non-financial reporting1. Sustainability Reporting Trends
Global Reporting Initiative
Finding th V l i N
Fi di the Value in Non-
Financial Reporting
April 2011
Mike Wallace
Director, Focal Point USA
Global Reporting Initiative
wallace@globalreporting.org
+1 212 339 0356
3. Comes in all shapes & sizes
CSR - Corporate Social Responsibility
SD - Sustainable Development
ES - Environmental Sustainability
y
BE - Business Ethics
CE - Corporate Ethics
p
CG - Corporate Governance
ESG - Environmental, Social & Governance
IR - Integrated reporting
What is your “Footprint”?
Footprint ?
© GRI 2011
4. Who
Wh really cares?
ll ?
© GRI 2011
7. GRI’s Vision & Mission
GRI’s Vision
A sustainably global economy where
organizations manage their economic,
environmental, social and governance
performance and impacts responsibly and
report transparently.
GRI’s Mission
To make sustainability reporting standard
practice by providing guidance and support
to organizations.
© GRI 2011
8. Fortune 250 Survey
October 2008
• 80% of Global Fortune 250 companies now release CR data
• Doubled since 2005 - up from 37%
p
• Increasingly driven by economic concerns
• 74% of top 100 US companies published corporate responsibility (CR)
information in 2008 either as part of their annual financial report or as a
separate document
• Reasons cited:
• 70% cited ethical considerations as primary driver for CR disclosures
• 50% cited economic concerns as the leading reason
• GRI is used by:
• 77% of G250
• 69% of N100 in 22 countries
© GRI 2011
9. GRI Reporting Trends
2000 Year # of Growth
reports rate
1818
1800
US Reporters in 1999 1999 11
2000 44 300%
1600 •Bristol-Myers Squibb
Bristol Myers 1491 2001 122 177%
1400 •GM 2002
2003
139
166
14%
20%
1200
•P&G 2004 274 65%
1116
•Sunoco
S 2005
2006
373
516
36%
38%
1000
2007 709 37%
800 2008 1116 58%
709
2009 1491 34%
600 516 2010 1818 22%
373
400
274
• 586 first-
200 139 166
11
44
122
time reporters
0
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
in 2010.
G2 G3
© GRI 2011
12. As a buyer what information
buyer,
do you expect?
When you buy a house, a
car, a product or service . . .
d t i
What information do you
deserve?
Is it useful & comparable?
© GRI 2011
13. Shareholder Initiatives &
Coalitions
Principles for Responsible Investment (PRI) [2006]
Currently represents over $22 Trillion in investment capital
800+ signatories
Investor Network on Climate Risk (INCR) [2003]
Currently represents over $9 Trillion in investment capital
90+ members
Carbon Disclosure Project (CDP) [2002]
Currently represents over $71 Trillion in investment capital
act on behalf of 551 institutional investors
Institutional Investors Group on Climate Change (IIGCC) [2001]
Currently represents $6 Trillion in investment capital
70 members
Interfaith Center on Corporate Responsibility (ICCR) [1972]
Currently represents over $100 Billion
300 members
© GRI 2011
14. GRI Reporters - Database
http://www.globalreporting.org/GRIReports/GRIReportsList/
© GRI 2011
15. ESG Analysis of Tech Sector
Apple
pp x x 7.95
CA ---
Dell x x x x 6.14
EMC x 6.86
6 86
Fujitsu x ---
HP x x x 7.74
Intel x x x x 7.96
IBM x x x 7.60
Microsoft x x x x 6.54
6 54
Toshiba ---
X Updated 2010
© GRI 2011
16. Technology Hardware Technology
Software & Services
Social
Corporate Overall 2010
Company Environment
Governance ESG Score
Leadership
d hi Employees
l Stakeholders
k h ld
Apple 28 3 11 7 14 63
CA, Inc. 25 4 14 16 9 68
Dell 27 8 16 8 21 80
EMC 26 5 19 12 14 76
Fujitsu 13 7 10 10 18 58
HP 26 8 16 10 25 85
Intel n/a n/a n/a n/a n/a n/a
IBM 24 9 20 12 20 85
Microsoft 29 7 15 17 15 83
Toshiba 19 7 13 10 18 67
Maximum score
30 10 30 15 30 115
(possible)
© GRI 2011
18. How do they compare? (FY2008)
ESG Total Energy Community %
Total GHG Total Waste
Company Disclosure Consumption spending Independent
(‘000 tonnes) (‘000 tonnes)
Score (‘000 Mwh) (mln US$) directors
Apple 37.96 130.00 247 2.2 --- 87.50%
CA, Inc. 40.28 --- --- --- 5.26 91.67%
Dell 53.24 528.54 --- 90.66 26.40 83.33%
EMC 44.91 371.62 727.51 --- --- 81.82%
Fujitsu 45.83 ---- 13798 33.95 --- 20.00%
HP 45.83 1713 --- 91.83 46.20 90.00%
Intel 66.20 3500 5643 83.80 102 83.33%
IBM 52.31 2500 6598 103.13 179.30 91.67%
Microsoft 43.06 257.7 192.79 --- 865.20 80.00%
NEC 59.26 1980 --- 48.00 7.90 33.33%
Toshiba 51.39 3510 16138 281.52 --- 28.57%
© GRI 2011
21. 100%
120%
140%
160%
180%
60%
80%
0-Jan-00
12-Feb-04
25-Mar-04
6-May-04
17-Jun-04
© GRI 2011
29-Jul-04
9-Sep-04
21-Oct-04
2-Dec-04
13-Jan-05
24-Feb-05
7-Apr-05
19-May-05
30-Jun-05
11-Aug-05
22-Sep-05
3-Nov-05
15-Dec-05
26-Jan-06
9-Mar-06
20-Apr-06
1-Jun-06
13-Jul-06
DOW JONES SUSTAINABILITY INDEX
24-Aug-06
5-Oct-06
16-Nov-06
28-Dec-06
8-Feb-07
22-Mar-07
3-May-07
14-Jun-07
26-Jul-07
6-Sep-07
18-Oct-07
29-Nov-07
10-Jan-08
21-Feb-08
3-Apr-08
15-May-08
26-Jun-08
7-Aug-08
18-Sep-08
30-Oct-08
11-Dec-08
22-Jan-09
5-Mar-09
DOW JONES INDUSTRIAL AVERAGE
16-Apr-09
28-May-09
9-Jul-09
20-Aug-09
1-Oct-09
12-Nov-09
Dow Jones – Ind. Avg. vs. SI
Source: Bloomberg
24-Dec-09
23. How else can you find value?
Supply Chain
Financial Markets, Private Equity & Exchanges
Integrated Reporting
Government Uptake
G4 Development
© GRI 2011
29. Global Regulatory Review
"More governments are
making sustainability
reporting mandatory.“
• 142 regulatory i t
l t instruments
t
addressing sustainability
reporting exist in the 30
p g
countries
• 65 percent of the standards
are classified as mandatory, the
rest are considered voluntary
© GRI 2011
31. Global Reporting Initiative
Thank you
Mike Wallace
Director, Focal Point USA
Global Reporting Initiative
wallace@globalreporting.org
wallace@globalreporting org
+1 212 339 0356