TBLI conferenceNORDIC 2016Sandra Genee, Corporate and Stakeholder Relations

Investment risks in global markets

2013 Colombia: Coal producer fined $3.6 M for sinking ship dumping 500

tons of coal into sea

2015 China: Chad fined CNPC

$1.2BN for environmental

violations

2012 India: company fined

$16M for construction

without an EIA

2014 South Africa: global

producer of metals suffers 70% drop in

profits due to 5 months of strike

2012 Mexico – large telco fined

$1.2M for personal data privacy

violations

2013 Brazil: 26 beef produces to be

fined $282M for buying cattle raised

on illegally deforested areas

2013 Turkey: 12 banks fined

record $670 M for infringing on competition law

2014 Indonesia: Intl. mining

giant’s contract threatened over

tax law suit

2015 Germany VW

shares drop 23% after emissions

scandal

2016 Australia: BHP reports $2.2

bn of loss is attributed to Samarco dam

disaster

… investors demanding more information from companies…Sustainability reporting is a critical source of information for the screening process

Growth in sustainability reporting

1993 1996 1999 2002 2005 2008 2011 20130

10

20

30

40

50

60

70

80

90

100

N100 G250

Data from KPMG Survey on Corporate Responsibility Reporting 2013

“Use of Global Reporting Initiative (GRI) Guidelines is almost universal”

• 78 % of the companies that report use or reference GRI Guidelines

• 82% of the G250 that report use or reference GRI Guidelines

Sustainability Reporting & GRI

Reference: KPMG International Survey of Corporate Responsibility Reporting 2013

• GRI Standards enhance the global comparability and quality of sustainability information, resulting in greater transparency on economic, environmental and social impacts

• Globally accepted standards create a common language for organizations and stakeholders by which impacts of organizations can be communicated and evaluated

GRI Sustainability Reporting StandardsEnhancing comparability & quality

• It empowers multiple stakeholder groups in their decision-making, providing them with information about the connectivity of financial and sustainability information

• Organizations can have confidence in the robustness of stakeholder participation when considering a wide range of sustainability issues

Robust Multi-Stakeholder ApproachDiverse, global and inclusive

GRI

Business

Civil Societ

y

Acade-miaCapita

l Marke

ts

Govts.

Labor

GRI’s multi-stakeholder approach adds value to reporting

Who we are

About GRI

• Our work is already embedded in different types of decision making across the world: – Businesses use the

sustainability reporting process to understand, manage and communicate their impacts

– Governments use this reported information to build smarter policy

• Across our organization we focus on four strategic areas to help empower sustainable decision making

Empowering Sustainable DecisionsSupporting business and governments

More reporters better reportingOver 33,000 Reports in our Database

Policy initiatives worldwideEnabling Smart Policy

• Stock exchanges are critical levers for improving corporate disclosure on sustainability performance

• Leading exchanges around the world have implemented sustainability guidance to companies and investors, sustainability-themed indexes and set standards for sustainability disclosure as a listing requirement.

Stock exchange initiativesCollaboration - leveraging synergies

• Long-standing collaborations with over 20 international organizations– Intergovernmental

organizations – International non-

governmental organizations

• Joint activity with partner organizations to connect GRI Standards to other relevant international initiatives and frameworks

Working in PartnershipCollaboration - leveraging synergies

• Sustainability information is being used in more ways than ever before by diverse groups of stakeholders to address their specific needs

• For this information to truly empower sustainable decisions in every organization, it must be more accessible, comparable and available in real-time

Unlocking Sustainability InformationMoving beyond reports

Transition to Standards

• The G4 Guidelines and Implementation Manual are being restructured into a set of modular, interrelated reporting standards • Most changes focus on format and presentation – the main content, concepts, and disclosures from G4 will carry through

G4 Guidelines and G4 Implementation Manual

Thank you

www.globalreporting.orgGRI

Barbara Strozzilaan 3361083 HN Amsterdam

The Netherlands

Amsterdam | New York | Beijing | Sydney | New Delhi | Johannesburg | Bogota | São Paulo

info@globalreporting.org