GRI and the SDGs SDG Reporting and Assessment Alyson Genovese Director, USA & Canada 19 April 2018
What is GRI? International independent organization that has pioneered sustainability reporting for two decades. We help businesses and governments understand and communicate their impact on critical sustainability issues. Our VISION: A thriving global community that lifts humanity and enhances the resources on which all life depends. Our MISSION: To empower decisions that create social, environmental and economic benefits for everyone
Reporting Today 45,000+ Sustainability Reports registered in the SDD 92% of Global250 issue sustainability reports – 74% use GRI 315 of the FT Europe 500 use GRI 85% of S&P 500 issue sustainability reports – 68% use GRI GRI-based Sustainability Reports: More thorough, more complete • Higher EcoVadis scores • Easier to navigate • Better quality information • Sources: KPMG, G&A Institute, CSE, FT
Our Focus Areas 1 2 3 4 Create standards Lead efficient and Drive effective use Harmonize the of sustainability and guidance to sustainability effective information to advance landscape sustainability improve sustainable reporting development performance
What are Characteristics of a “Good” Report? • References an international standard • Reflects input/commitment from company’s highest governance body • Applies principles of Materiality & Boundary Setting and Stakeholder Inclusiveness • Sets targets & measuring progress towards them • Meets all regulatory requirements in local markets • Incorporates at least partial level of assurance
Su Sustain inable able Dev Develo elopmen pment t Goals oals
Sustainable Development Goals The SDGs call for worldwide In 2017, GRI and the UN Global Compact joint action among governments, launched a three year initiative, Business business and civil society to solve Reporting on the SDGs, a multi-stakeholder pressing global sustainability issues. Action Platform aimed at facilitating corporate reporting on the SDGs. Expected Outcomes: 1 2 3 4 SDG Data List of business Publication Further integration aggregation disclosures on best practice of SDGs into Across the SDGS SDGs reporting frameworks
Voluntary National Reviews 2016 2016 2017 2017 countries presented their VNR 22 22 43 43 consulted private sector for the review 85% 85% 93% refer to CSR & sustainability reporting 50% 50% 59%
Private Sector Response to SDGs 43% of G250 reporters link CR activities to the SDGs 6% 43% of G250 align to specific reporters link targets & measure CR activities to contributions the SDGs Top secto tor r in G250 0 reporti ting ng on the SDGs KPMG 2017 7 1. Utilities Survey report 79% 45% align their 2. Automotive acknowledge strategy to SDGs the SDGs 3. Retail 39% of N100 reporters link CR activities to WBCSD SD co compan anie ies membe bers the SDGs Reporting Matters Report 2017
GRI Reporting, SDG references For publication years 2016 -2017* 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Globally United States of America Japan SDG reference No SDG reference * Report registration is an ongoing process, hence these are not the final numbers – it is only what GRI is aware of Data from GRI’s Sustainability Disclosure Database, Retrieved 13 November 2017
Currently Available Tools Ana nalysis lysis of Go Goal als s & Tar arget gets SDG DG Co Compass mpass Guides companies to • Categorize targets and • align their strategies, create list of existing measure and manage business indicators their contributions to Create common language • the SDGs for SDG reporting Identify gaps (missing • A written guide and • indicators) two online tool www.sdgcompass.org
On the Horizon PHASE 1 (2017) LATER PHASE
Other Efforts to Support SDGs through Disclosure • Supporting Smart Policy by UN agencies, statistical agencies and governments • Engage with stock markets, sustainability reporting as a tool for Finance for Development • Alignment and linkages of business and national indicators • Engage with SMEs and enable sustainability reporting
SDG Target 12.6 Live Tracker Target 12.6 – “ Encourage companies, especially large and transnational companies, to adopt sustainable practices and to integrate sustainability information into their reporting cycle ” • Shows policy development and sustainability reporting data by country • Search by country, region, sector, size of the company, year and report type • Developed by GRI and Tata Consultancy Services http://database.globalreporting.org/SDG-12-6
THANK YOU info@globalreporting.org www.globalreporting.org Barbara Strozzilaan 336 1083 HN Amsterdam The Netherlands Amsterdam – Beijing – Bogota – Johannesburg – New Delhi – New York – São Paulo
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