GRI and the SDGs. SDG Reporting and Assessment. Alyson Genovese Director, USA & Canada 19 April 2018

Transcription

1 GRI and the SDGs SDG Reporting and Assessment Alyson Genovese Director, USA & Canada 19 April 2018

2 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

3 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

4 Our Focus Areas Create standards and guidance to advance sustainable development Harmonize the sustainability landscape Lead efficient and effective sustainability reporting Drive effective use of sustainability information to improve performance

5 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

6 Sustainable Development Goals

7 Sustainable Development Goals The SDGs call for worldwide joint action among governments, business and civil society to solve pressing global sustainability issues. Expected Outcomes: In 2017, GRI and the UN Global Compact launched a three year initiative, Business Reporting on the SDGs, a multi-stakeholder Action Platform aimed at facilitating corporate reporting on the SDGs. 1 2 List of business disclosures Across the SDGS Publication on best practice SDGs reporting 3 Further integration of SDGs into frameworks 4 SDG Data aggregation

8 Voluntary National Reviews countries presented their VNR 85% 93% consulted private sector for the review 50% 59% refer to CSR & sustainability reporting

9 Private Sector Response to SDGs 43% of G250 reporters link CR activities to the SDGs 79% acknowledge the SDGs 6% align to specific targets & measure contributions WBCSD companies members Reporting Matters Report % align their strategy to SDGs Top sector in G250 reporting on the SDGs 1. Utilities 2. Automotive 3. Retail 43% of G250 reporters link CR activities to the SDGs KPMG 2017 Survey report 39% of N100 reporters link CR activities to the SDGs

10 GRI Reporting, SDG references For publication years * 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

11 Currently Available Tools SDG Compass Analysis of Goals & Targets Guides companies to align their strategies, measure and manage their contributions to the SDGs A written guide and two online tool Categorize targets and create list of existing business indicators Create common language for SDG reporting Identify gaps (missing indicators)

12 On the Horizon PHASE 1 (2017) LATER PHASE

13 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

14 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

15 THANK YOU Barbara Strozzilaan HN Amsterdam The Netherlands Amsterdam Beijing Bogota Johannesburg New Delhi New York São Paulo