os webinar on g4 development
TRANSCRIPT
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Venue, Date
Knowledge Share On
line meeting Exclusive update on the
Knowledge Share projectEszter Vitorino Fuleky, Interim OS Manager
Webinar, 21 February 2012
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 [email protected]
21/2/2012
https://www.globalreporting.org/resourcelibrary/OS-Knowledge-Share-Portfolio-2011.pdfhttps://www.globalreporting.org/resourcelibrary/OS-Knowledge-Share-Portfolio-2011.pdfmailto:[email protected]:[email protected]://www.globalreporting.org/resourcelibrary/OS-Knowledge-Share-Portfolio-2011.pdfhttps://www.globalreporting.org/resourcelibrary/OS-Knowledge-Share-Portfolio-2011.pdfhttps://www.globalreporting.org/resourcelibrary/OS-Knowledge-Share-Portfolio-2011.pdfhttps://www.globalreporting.org/resourcelibrary/OS-Knowledge-Share-Portfolio-2011.pdfhttps://www.globalreporting.org/resourcelibrary/OS-Knowledge-Share-Portfolio-2011.pdfhttps://www.globalreporting.org/resourcelibrary/OS-Knowledge-Share-Portfolio-2011.pdfhttps://www.globalreporting.org/resourcelibrary/OS-Knowledge-Share-Portfolio-2011.pdfhttps://www.globalreporting.org/resourcelibrary/OS-Knowledge-Share-Portfolio-2011.pdfhttps://www.globalreporting.org/resourcelibrary/OS-Knowledge-Share-Portfolio-2011.pdf -
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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 [email protected]
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: [email protected]
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Questions?
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Thank you for your attention!
sthildur [email protected]
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