Knowledge Share On line meeting

Exclusive update on the Knowledge Share project

Eszter Vitorino Fuleky, Interim OS Manager

Results from 1st G4 PCP and next steps

Venue, Date

sthildur Hjaltadttir, Deputy Director Guidance, Support & Innovation

Webinar, 21 February 2012

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

21/2/2012

2011 Featured Reporters

OS
Principles IAG Natura ING Shell Topics Ford Norsk Hydro Suncor Westpac Trends Novo Nordisk Telefonica Vancity Platforms Codelco Processes Rabobank CSR Performance Management Digital reporting Integrated reporting Multi-tiered reporting Linking GRI with AA +1000 Human Rights reporting Environmental reporting Environmental reporting Mergers & Acquisitions Defining Report Content Stakeholder Engagement Stakeholder Engagement Content Selection

Chapter title

21/2/2012

Knowledge Share Portfolio

Order hard copies Download from GRI page Share with your network

Link: https://www.globalreporting.org/resourcelibrary/OSKnowledge-Share-Portfolio-2011.pdf Give your feedback via email to os@globalreporting.org

21/2/2012

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

21/2/2012

Planning for 2012

OS
General Motors Company Reliance Industries Limited Heineken Green Mountain Coffee Roasters MTR Bayer AG Holcim BHP Billiton Baxter Jubilant Petrobras Social Inclusion Biodiversity Water Health & Safety Plastics, Packaging & Waste Eco-innovation Supply chain management Corporate governance Climate Change Life cycle analysis Renewable energy

Topics

21/2/2012

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

21/2/2012

Continuing the conversation

Tell us what more youd like to hear from us Email us at os@globalreporting.org THANK YOU!

21/2/2012

Results from 1st G4 PCP and next steps

sthildur Hjaltadttir
Deputy Director Guidance, Support and Innovation

Venue, Date

Webinar, 21 February 2012

Presentation content
1. 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 G4 4. GRI Sector Guidance for G4 5. Other Guidance 6. How to Get Involved?

OS Webinar, 21 February 2012

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

OS Webinar, 21 February 2012

G4 PCP survey - General description Open from 26.8.-24.11.2011 31 questions in total 7 questions providing characteristics of respondents 24 content related questions (20 with option for complementary written inputs) 6 questions directed only at reporters who prepare information for their own organization

OS Webinar, 21 February 2012

Summary of main results & findings

Constituency Breakdown

Participants
Total 1834
Business 29%

Regional Breakdown
AFRICA 3% OCEANIA 5%

NORTHERN AMERICA 15%

ASIA 17%

Mediating Institution 57%

Civil Society Organization 9%

LATIN AMERICA 19%

EUROPE 41% Financial Markets & Information Users 4%

Labor 1%

OS Webinar, 21 February 2012

Participants by reporting relationship

Total Africa Asia Europe Latin America North America Oceania

N=

1834
%

64
% 44 31 14 28 16

317
% 41 37 19 35 12

744
% 42 31 9 34 16

343
% 37 41 12 43 15

266
% 41 34 8 45 23

100
% 44 25 7 39 24

Reporter

41 34

Consultant

Assurance
Report reader Other

11 37 17

OS Webinar, 21 February 2012

Participants by region & constituency groups

Business

Civil Society Organization

166 5 31 62 26 34 8

Financial Markets & Information Users 79 2 12 29 16 17 3

Labor

Mediating Institution
1050 36 178 413 215 143 65

Total

Total AFRICA ASIA EUROPE LATIN AMERICA NORTHERN AMERICA OCEANIA

527 21 96 232 84 71 23

12 8 2 1 1

1834 64 317 744 343 266 100

OS Webinar, 21 February 2012

Participants by region & constituency groups - %

Total 1834
% Business Civil Society Organization

Financial Markets & Information Users

Labor

Mediating Institution

Total

Total AFRICA ASIA EUROPE LATIN AMERICA NORTHERN AMERICA OCEANIA

28.74 1.15 5.23 12.65 4.58 3.87 1.25

9.05 0.27 1.69 3.38 1.42 1.85 0.44

4.31 0.11 0.65 1.58 0.87 0.93 0.16

0.65 0.44 0.11 0.05 0.05

57.25 1.96 9.71 22.52 11.72 7.80 3.54

100% 3.49 17.28 40.57 18.70 14.50 5.45

OS Webinar, 21 February 2012

Main findings - for next steps in G4 development

Strong indications - from all participants:
1. 2. 3. 4. 5. Which elements stakeholders would like to see covered as a minimum in a sustainability report, Q10 (1714) GRI - not regulators or others - and the reporting organization should define the topics to be covered in a report - Q12 (1727) GRI should define and require a set of topics and indicators per sector Q16 (1715), Q17 (1407), Q13 (879) GRI G4 should offer guidance on how to link sustainability reporting and IR - Q20 (1693) New topics top 6: Business Ethics, Greenhouse Gas Emissions, EcoInnovation, Life Cycle Assessment, Water, Biodiversity, Q22 (1683)

OS Webinar, 21 February 2012

Main findings - for next steps in G4 development

Strong indications - from reporters:
1. The report format of the future evolves from a Sustainability Report today to an Integrated Report, over a 3 -10 year transition, Q9 (732) 2. The breakdown by region and by stakeholder group show convergence around the main 5 reasons for reporting, Q8 (738)

OS Webinar, 21 February 2012

Main findings - for next steps in G4 development

Other important highlights

1. Civil society and labor indicate that they believe GRI should define a 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 financial market), Q10 3. The survey attracted an important number of opinion makers. E.g. from labor: AFL-CIO, from north America; Council of Global Unions, ITF, TUAC-OECD from Europe (see the list of participating organizations)
OS Webinar, 21 February 2012

Focus areas identified for next steps in G4 development

How to redefine minimum reporting level and review Application Levels How to offer guidance to link Sustainability Reporting and Integrated Reporting How to give more visibility to what has been chosen as material 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
OS Webinar, 21 February 2012

2. Working Groups and second Public Consultation Period

OS Webinar, 21 February 2012

Working Groups and 2nd PCP G4 timeline

2011 MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR APR 2012 MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB 2013 MAR APR MAY JUN

We are here
Text Revision / Editing Task Force

We are here!
Preparatory Stage Public Comment Period 1 Working Groups Formed Working Groups Meet Public Comment Period 2 Working Groups Mee t
Governance Bodies give Final Vote

Final Edit

LAUNCH

MAY JUN

JUL

AUG SEP 2011

OCT

NOV DEC

JAN FEB

MAR APR

MAY JUN

JUL

AUG SEP

OCT

NOV DEC

JAN

FEB MAR APR MAY JUN 2013

2012

OS Webinar, 21 February 2012

Working Groups and 2nd PCP

To be developed through Working Groups to be part of GRI Guidelines

For quality improvement - DMAs - Boundary New content - Supply Chain Disclosure - Governance & Remuneration Disclosure - Application Levels revision - New topics: to be defined further in February/March

OS Webinar, 21 February 2012

3. From G3.1 to G4

OS Webinar, 21 February 2012

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)
OS Webinar, 21 February 2012

4. GRI Sector Guidance for G4

OS Webinar, 21 February 2012

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 for G3.1 - content technical revision (editorial improvements, separate Standard from Guidance type of content) To adapt the current GRI Sector Supplement categorization to the GICS categorization To select a partner(s) to develop content on material topics per sector - for a large number of GICS sectors - and discuss these findings as a starting point for the future sector guidance development

OS Webinar, 21 February 2012

5. Other Guidance

OS Webinar, 21 February 2012

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

Guidance on how to link Sustainability Reporting and Integrated Reporting on investigating materiality from different stakeholders perspectives on external verification definitions and best practices
OS Webinar, 21 February 2012

6. How to Get Involved?

OS Webinar, 21 February 2012

How to get involved?

Apply for WG membership Disseminate the 2nd PCP Explore opportunities to host events during the 2nd 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
OS Webinar, 21 February 2012

Questions?

OS Webinar, 21 February 2012

Thank you for your attention!

sthildur Hjaltadttir Hjaltadottir@globalreporting.org

OS Webinar, 21 February 2012