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GRI Services GRI Reporting by Marjella Alma Manager Report Services Bonn 9 June 2011n report services

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Page 1: 20110609 Ma Bonn

GRI ServicesGRI Reporting

by Marjella AlmaManager Report Services Bonn 9 June 2011n report services

Page 2: 20110609 Ma Bonn

A shift in corporate reporting

Financial report

Environmental report

ESG disclosures

ESG disclosures

ESG disclosures

ESG disclosures

Sustainability report

Bonn, 9 June 2011

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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

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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

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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

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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!

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How do you measure sustainability impacts?Who defines the metrics to measure them?

Bonn, 9 June 2011

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rincipleFocus on those topics that matter most= materiality process

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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

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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