UNSW Sustainability

Corporate Social Responsibility Masters of Environmental ManagementEnvironmental Tools: CSR Reporting

Aaron MagnerUniversity of New South Wales

Content

Why CSR and Sustainability Reporting matters

Existing sustainability reporting frameworks

Drivers of change in sustainability reporting

Future scenarios for sustainability reporting

Why sustainability reporting matters

Sustainability reporting is:

“…the practice of measuring, disclosing, and being accountable

to internal and external stakeholders for organizational

performance towards the goal of sustainable development.”

Why sustainability matters

Historical view“The social responsibility of business is to

increase the wealth of its shareholders.”Dr Milton Friedman (1970)

Modern Management Maxim“If you can’t measure it, you can’t manage it.”

The indicators corporations, regulators and civil society access and use inform decision-making,

policies, initiatives and ultimately outcomes.

Sustainability reporting today

Internationally95% of top 200 companies

release sustainability reports

In Australia57% of top 100 companies release sustainability reports• ESG and SRI becoming mainstream.• New environmental tools of measurement

• Mandatory in Denmark and Sweden• EU accounting standards encourage

reporting of environmental and social data

Global Standards

Sustainability reporting frameworks

Global Standards

Sustainability reporting frameworks

Global Standards

Sustainability reporting frameworks

Global Standards

Sustainability reporting frameworks

Global Standards

Sustainability reporting frameworks

Others:• AA1000 Series• Social Accountability 8000

Drivers of Change

Integrated reporting

Shareholder activity, active investorsand NGOs

Ratings such as FTS4Good and Dow Jones Sustainability Index

• Global Reporting Initiative (GRI) • Carbon Disclosure Project• WWF-GFTN: Ethical

Trading Initiative

Drive for standard content:

Changes in the digital media

Role of Stakeholders

Supporting, encouraging and enforcing change to more sustainable & less environmentally damaging forms of production.

The consumer

Role of Stakeholders

Eco-labels

Role of Stakeholders

Investors and Consumers

• Energy & Climate• Material Efficiency• Nature and Resources • People & Community

Category of questions:

Suppliers must provide detailed sustainability data

Supply chain management

Technological developments

TheGood Guide

Technological developments

Personal Sustainability reporting filter

Technological developments

Shift toward product based CSR

Technological developments

Shift toward product based CSR

Wrap up and discussion

• Will continue to grow and evolve.• Technology > interactive, transparent, real-time.

Sustainability Reporting

• Possible future regulation• Corporate scandals and/or environmental crisis.

Likely to be unexpected developments

Keep in touch

Aaron Magner Director - UNSW Sustainability

UNSW Sustainability UNSW SYDNEY NSW 2052www.sustainability.unsw.edu.au

LinkedIn | linkedin.com/in/aaronmagnerTwitter | @aaronmagnerSlideshare | slideshare.net/aaronmagnerWeb | aaronmagner.com