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Venue, Date

Knowledge Share On

line meeting Exclusive update on the

Knowledge Share projectEszter Vitorino Fuleky, Interim OS Manager

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Results from 1st G4 PCPand next steps

sthildur Hjaltadttir, Deputy DirectorGuidance, Support & Innovation

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Knowledge Share Invite long standing reporting OS to share

their experience Offer a platform for sharing and exchanging

perspectives Provide a peer to peer learning environment

Enable networking and profiling of OS

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2011 Featured ReportersOS Chapter title

Principles

IAG Defining Report ContentNatura Stakeholder EngagementING Stakeholder EngagementShell Content Selection

Topics

Ford Human Rights reportingNorsk Hydro Environmental reportingSuncor Environmental reportingWestpac Mergers & Acquisitions

Trends

Novo Nordisk Integrated reportingTelefonica Multi-tiered reporting

Vancity Linking GRI with AA +1000Platforms

Codelco Digital reportingProcesses

Rabobank CSR Performance Management

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Knowledge Share Portfolio Order hard copies Download from GRI page Share with your network

Link:https://www.globalreporting.org/resourcelibrary/OS-Knowledge-Share-Portfolio-2011.pdf

Give your feedback via email to os@globalreporting.org

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Knowledge Share 2012 Align with G4 development Broader sustainability topics guiding the

conversation Add value to reporting companies journey Have experts on topics discussed join the sessions Upload chapters in between sessions Create publication at the end of the cycle

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Planning for 2012

OS

General Motors Company

Reliance Industries Limited

Heineken

Green Mountain Coffee RoastersMTR

Bayer AG

Holcim

BHP Billiton

Baxter

Jubilant

Petrobras

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Topics

Social Inclusion

Biodiversity

Water

Health & SafetyPlastics, Packaging & Waste

Eco-innovation

Supply chain management

Corporate governance

Climate Change

Life cycle analysis

Renewable energy

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OS Program in 2012 The OS team OS survey Exclusive services and events reinforced Knowledge Share & other content focused webinars SC elections

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Continuing the conversation

Tell us what more youd like to hear from us Email us atos@globalreporting.org

THANK YOU!

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Venue, Date

Results from 1st G4 PCPand next steps

sthildur HjaltadttirDeputy Director

Guidance, Support and Innovation

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Presentation content1. Results from 1st G4 Public Consultation Period (PCP)

General description First G4 PCP Summary of main results and main findings

2. Working Groups and second Public Consultation Period

3. From G3.1 to G44. GRI Sector Guidance for G45. Other Guidance6. How to Get Involved?

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1. Results from 1st G4 Public Consultation

Period (PCP)

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Summary of main results & findings

Business29%

Civil SocietyOrganization

9%

FinancialMarkets &

InformationUsers

4%Labor

1%

MediatingInstitution

57%

AFRICA3%

ASIA17%

EUROPE41%

LATINAMERICA

19%

NORTHERNAMERICA

15%

OCEANIA5%

ConstituencyBreakdown

Regional BreakdownParticipantsTotal 1834

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Participants by reporting relationship

Total Africa Asia Europe LatinAmerica

NorthAmerica

Oceania

N= 1834 64 317 744 343 266 100

% % % % % % %

Reporter 41 44 41 42 37 41 44

Consultant34 31 37 31 41 34 25

Assurance 11 14 19 9 12 8 7

Reportreader

37 28 35 34 43 45 39

Other 17 16 12 16 15 23 24

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Business Civil SocietyOrganization

Financial

Markets &Information

Users

Labor MediatingInstitution

Total

Total 527 166 79 12 1050 1834

AFRICA 21 5 2 - 36 64

ASIA 96 31 12 - 178 317

EUROPE 232 62 29 8 413 744

LATIN

AMERICA84 26 16 2 215 343

NORTHERNAMERICA

71 34 17 1 143 266

OCEANIA 23 8 3 1 65 100

Participants by region & constituency groups

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Participants by region & constituency groups - %

% Business Civil SocietyOrganization

Financial

Markets &Information

Users

Labor MediatingInstitution

Total

Total 28.74 9.05 4.31 0.65 57.25 100%

AFRICA 1.15 0.27 0.11 - 1.96 3.49

ASIA 5.23 1.69 0.65 - 9.71 17.28

EUROPE 12.65 3.38 1.58 0.44 22.52 40.57

LATINAMERICA

4.58 1.42 0.87 0.11 11.72 18.70

NORTHERNAMERICA

3.87 1.85 0.93 0.05 7.80 14.50

OCEANIA 1.25 0.44 0.16 0.05 3.54 5.45

Total1834

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Main findings - for next steps in G4 development

Strong indications - from all participants:

1. Which elements stakeholders would like to see covered as a minimum ina sustainability report, Q10 (1714)

2. GRI - not regulators or others - and the reporting organization should

define the topics to be covered in a report - Q12 (1727)3. GRI should define and require a set of topics and indicators per sector -Q16 (1715), Q17 (1407), Q13 (879)

4. GRI G4 should offer guidance on how to link sustainability reporting andIR - Q20 (1693)

5. New topics top 6: Business Ethics, Greenhouse Gas Emissions, Eco-Innovation, Life Cycle Assessment, Water, Biodiversity, Q22 (1683)

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Main findings - for next steps in G4 development

Strong indications - from reporters:

1. The report format of the future evolves from a SustainabilityReport today to an Integrated Report, over a 3 -10 yeartransition, Q9 (732)

2. The breakdown by region and by stakeholder group showconvergence around the main 5 reasons for reporting, Q8(738)

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Main findings - for next steps in G4 development Other important highlights

1. Civil society and labor indicate that they believe GRI should definea set of topics for all organizations, not by sector only

2. The choice of report elements to be covered as a minimum

shows coherence throughout the stakeholder groups and regions(strategy overview, material impacts, risks, material indicators)with small divergence (2 items for labor and 2 items for financialmarket), Q10

3. The survey attracted an important number of opinion makers. E.g.

from labor: AFL-CIO, from north America; Council of GlobalUnions, ITF, TUAC-OECD from Europe (see the list of participatingorganizations)

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Focus areas identified for next steps inG4 development

How to redefine minimum reporting level and reviewApplication Levels

How to offer guidance to link Sustainability Reportingand Integrated Reporting

How to give more visibility to what has been chosen asmaterial to be reported on (and the process behind it)

How to address new topics in the Guidelines How to make GRIs sector guidance technically better and

fit for G4 How to continue improving the technical features in the

Guidelines

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2. Working Groups and second PublicConsultation Period

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Working Groups and 2 nd PCP G4 timeline

We are here!

MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN

MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN

2011 2012 2013

2011 2012 2013

Text Revision / Editing Task Force

Preparatory StagePublic Comment

Period 1Public Comment

Period 2

WorkingGroupsMee t

Final Edit LAUNCHGovernanceBodies giveFinal Vote

WorkingGroupsFormed

Working GroupsMeet

We are here

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Working Groups and 2 nd PCP

To be developed through Working Groups tobe part of GRI GuidelinesFor quality improvement- DMAs

- Boundary New content- Supply Chain Disclosure- Governance & Remuneration Disclosure

- Application Levels revision- New topics: to be defined further in February/March

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3. From G3.1 to G4

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From G3.1 to G4

GRI Principles are not under revision General technical improvements (language,

separating standard from guidance in the texts, etc.) Sections under revision: DMAs, Boundary definitions,

Application Levels, Governance New content: reporting on the supply chain impacts

(other topics to be defined) General lay-out and web based version (linked to

XBRL taxonomy)

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4. GRI Sector Guidance for G4

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GRI Sector Guidance for G4

To be developed though the following work streams: To implement the same technical improvement actions to the

10 current Sector Supplement, as approved by the TAC forG3.1

- content technical revision (editorial improvements,separate Standard from Guidance type of content)

To adapt the current GRI Sector Supplement categorization tothe GICS categorization

To select a partner(s) to develop content on material topicsper sector - for a large number of GICS sectors - and discussthese findings as a starting point for the future sectorguidance development

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5. Other Guidance

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Other Guidance

Content to be developed through other GRI contentdevelopment processes as Guidance Documents to clarify, the usage of the GRI reporting standard

Guidance on how to link Sustainability Reportingand Integrated Reporting on investigating materiality from differentstakeholders perspectives on external verification definitions and bestpractices

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6. How to Get Involved?

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How to get involved? Apply for WG membership Disseminate the 2 nd PCP Explore opportunities to host events during the 2 nd PCP Send your feedback during the PCP Support G4 related projects Follow the GRI Newsletter for the latest G4 information

Follow the latest developments on the GRI website:https://www.globalreporting.org/reporting/latest-guidelines/g4-developments/Pages/default.aspx

E-mail: G4@globalreporting.org

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Questions?

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Thank you for your attention!

sthildur HjaltadttirHjaltadottir@globalreporting.org

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