AHLA Energy and Environment Committee Meeting April 14, 2010.
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AHLA Energy and Environment Committee Meeting April 14, 2010 Global Reporting Initiative Update
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Transcript of AHLA Energy and Environment Committee Meeting April 14, 2010.
AHLA Energy and Environment
Committee Meeting
April 14, 2010
Global Reporting Initiative
Update
Topics
Background and Overview
GRI Organization
Sector Supplement
SEC Ruling
ESG and SRI
Copyright Greenview LLC 2010 3
Global Reporting Initiative
Developed in the late 90’s CERES with help of UNEP Separate entity as of 2001 Based in Amsterdam First Guidelines issued in 2000 3rd Generation (G3) Guidelines in 2006
2/24/2010
Copyright Greenview LLC 2010 4
GRI Use Prevalent by 2008 1,100 organizations registered GRI Reports (GRI)
80% of Global Fortune 250 reports issued some form of Sustainability Report in 2008 (KPMG)
Of these 80%, 77% used the GRI framework (KPMG)
US: 73% of the top 100 companies (by revenue) had produced stand-alone reports (KPMG)
Over 500 Organizational Stakeholders in 55 countries (GRI)
2/24/2010
Copyright Greenview LLC 2010 5
GRI Guidelines Have 3 Sections
Profile Disclosures Management Disclosures Performance Indicators
2/24/2010
Source: GRI Website, http://www.globalreporting.org/GRIReports/ApplicationLevels/FAQs/FAQsALs.htm
GRI Updates
2010 Conference: May 26-28 Amsterdam Interactions and Linkages
CERES RoadmapGlobal CompactBRTWal-MartCDPISO 26000ITPSECUN Principles for Responsible Investment
Sector Supplement
Reasons Requirements Current Status Next Steps
GRI Mentioned in SEC Ruling
. Commission Guidance Regarding
Disclosure Related to Climate Change; Final Rule
(Background) I.B.3. Current Sources of Climate Change Related Disclosures Regarding Public Companies
GRI Mentioned in SEC Ruling
These and other reporting mechanisms can provide important information to investors outside
of disclosure documents filed with the Commission.
Although much of this reporting is provided voluntarily, registrants should be aware that some of the information they may be reporting pursuant to these mechanisms also may be required to be
disclosed in filings made with the Commission pursuant to existing disclosure requirements.
GRI Relevance
Management Disclosure on Environment
EC2 – Financial implications and other risks and opportunities for the organization’s activities due to climate change
EN16, EN 17, EN18, EN26
•http://www.slideshare.net/MAWallace/esg-reporting-trends-us-jan-2010
ESG Trends
Source: 2009 UN PRI Progress Report, p.16
Source: 2009 UN PRI Progress Report, p.16
