Solutions to your Sustainability Reporting Requirements 12 September 2017
What is Sustainability Reporting? It is about economic, environmental and social impacts caused by everyday activities It presents the organisation's values and governance model Presents the link between it’s business strategy and it’s commitment to a sustainable economy Key platform to understand, measure and manage changes in ESG factors within the organization Synonymous with Corporate Social Responsibility reporting, integrated reporting and analysis of non-financial performance 2
Factory Supply Chain illustration Occupa9onal ¡ Health ¡and ¡Safety ¡ Labor/Management ¡ Carbon ¡ Rela9on ¡ ¡ Emissions ¡ 🏮 Energy ¡usage ¡ ¡ Recyclable ¡ Accountability ¡to ¡stakeholders ¡ Recycled ¡input ¡materials ¡ ¡ packaging ¡materials ¡ ¡ Raw ¡Materials ¡ ¡ Final ¡Product ¡ ¡ Product ¡and ¡ Resource ¡deple9on ¡ ¡ Service ¡labelling ¡ Water ¡usage ¡ ¡ E nvironmental S ocial G overnance 3
SGX SR Five Primary Components Targets 4
Sustainability Reporting Issues to Consider 5
Global Reporting Initiatives G4 Five Phase Reporting Cycle Prepare action plan Report and Connect with communicate stakeholders Sustainability Reporting Cycle Define Monitor data with management 6
Sustainability Reporting Plan Development ¡ Monitoring ¡ Repor4ng ¡ Phase ¡ Phase ¡ Phase ¡ Monitor ¡Data ¡by ¡ Report ¡and ¡ Prepare ¡Ac4on ¡Plan ¡ Management ¡ Communicate ¡ Connect ¡with ¡ Stakeholders ¡ Board ¡Approval ¡ 7
Process Overview Board of Organising SR Generating and Directors Committees Monitoring Data Approval Planning and Policies + SOP Drafting SR development Engaging Defining Material Reporting Stakeholders ESG Factors 8
ESG Factors Environmental Social • Carbon emissions, Governance disclosure/measurement and reporting • Hazardous waste • Labour/Management disposal/clean-up Relation • Resource Depletion • Occupational Health and • Executive compensation Safety (pay for performance, pay • Diversity and Equal equity) Opportunity • Separation of chairman/ CEO position • Shareholders rights
Sustainability Reporting Workshop 10
Contact Us Virtus Assure Pte. Ltd. 1 North Bridge Road, #02-07 High Street Centre Singapore 179094 • P: +65 6332 4649 F: +65 6265 6615 E: services@virtusassure.com www.virtusassure.com • 11
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