GRI, Foundations

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The Effect of Plastic Bags on our Environment The Global Reporting Initiative… The Global Reporting Initiative… Analysis of the Global Reporting Initiative Foundations of Sustainable Business: Foundations of Sustainable Business: Joe Christi Joe Christi March 17, 2009 March 17, 2009

Transcript of GRI, Foundations

Page 1: GRI, Foundations

The Effect of Plastic Bags on our EnvironmentThe Global Reporting Initiative…The Global Reporting Initiative…

Analysis of the Global Reporting Initiative

Foundations of Sustainable Business:Foundations of Sustainable Business:Joe ChristiJoe ChristiMarch 17, 2009March 17, 2009

Page 2: GRI, Foundations

The Effect of Plastic Bags on our EnvironmentThe Global Reporting Initiative…The Global Reporting Initiative…

Why the GRI?Why the GRI?• A relationship to my Ambit

o “Energy Use Reduction in the Technology Sector.”

• Need for data center managers in the technology sector to enact energy efficiencies for reasons other than money.

IdentifyPain Points

Identify ROI

Remediation

AssessmentDoes It All Add Up?

Standardization of Workflow Process

CARBON

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The Effect of Plastic Bags on our EnvironmentThe Global Reporting Initiative…The Global Reporting Initiative…

Data Center Power and Process ManagementData Center Power and Process Management

Co2 XCo2 XPUEPUE Other?Other?CHICHICPWCPWDCiEDCiE

Data Center Transparency

CFDSoftware

Asset Management / DataRepository Software

EnvironmentalSoftware

Internal / ExternalSystems

Software

IdentifyMetrics

BusinessStrategy

ITGoals

Alignment

Ongoing Efficiency Monitoring and CSR Reporting

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The Effect of Plastic Bags on our EnvironmentThe Global Reporting Initiative…The Global Reporting Initiative…

Econ-Centric vs. Eco-CentricEcon-Centric vs. Eco-Centric• Econ-Centric Economic bottom line

o Social and environmental policies feed the economic policies of a company

• Eco-Centric Economic bottom lineo Social and economic policies feed the

environmental policies of a company

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The Effect of Plastic Bags on our EnvironmentThe Global Reporting Initiative…The Global Reporting Initiative…

The InstituteThe Institute• Inception in 1997

• Working with CERES and Tellus Instituteo Initiative started in U.S. as environmental

reporting processo Didn’t gain momentum

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The Effect of Plastic Bags on our EnvironmentThe Global Reporting Initiative…The Global Reporting Initiative…

The InstituteThe Institute• Formulation of Steering Committee

o Took initiative global focusing on sustainability reporting

SocialEnvironmentalEconomic

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The Effect of Plastic Bags on our EnvironmentThe Global Reporting Initiative…The Global Reporting Initiative…

The GRI FrameworkThe GRI FrameworkGRI Sustainability

Reporting Framework

ImproveImprove

TrackTrack

MeasureMeasure

IdentifyIdentify

PerformancePerformance

Transparency

Accountability

Sustai

nabili

ty

Reporti

ng

GRI Sustainability Reporting Framework

ImproveImprove

TrackTrack

MeasureMeasure

IdentifyIdentify

PerformancePerformance

Transparency

Accountability

Sustai

nabili

ty

Reporti

ng

GRI Sustainability Reporting Framework

ImproveImprove

TrackTrack

MeasureMeasure

IdentifyIdentify

PerformancePerformance

Transparency

Accountability

Sustai

nabili

ty

Reporti

ng

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The Effect of Plastic Bags on our EnvironmentThe Global Reporting Initiative…The Global Reporting Initiative…

The Institute @ 2009The Institute @ 2009• Over 1,500 global companies

• Over 30,000 corporate stakeholder

• Acknowledged in over 70 countries

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The Effect of Plastic Bags on our EnvironmentThe Global Reporting Initiative…The Global Reporting Initiative…

The GRI Framework GuidelinesThe GRI Framework Guidelines

Define ReportDefine ReportContentContent

Report QualityReport Quality

Set ReportSet ReportBoundariesBoundaries

Princip

les

Princip

les

ManagementManagementIssuesIssues

KeyKeyPerformancePerformance

IndicatorsIndicators

Disclosures

Disclosures

GRI GRI ““G3G3”” GuidelinesGuidelines

ProtocolsProtocols

National AnnexesNational Annexes

Sector SupplementsSector Supplements

Other Framework ComponentsOther Framework Components

Reporting FrameworkReporting Framework

Define ReportDefine ReportContentContent

Report QualityReport Quality

Set ReportSet ReportBoundariesBoundaries

Princip

les

Princip

les

ManagementManagementIssuesIssues

KeyKeyPerformancePerformance

IndicatorsIndicators

Disclosures

Disclosures

GRI GRI ““G3G3”” GuidelinesGuidelines

ProtocolsProtocols

National AnnexesNational Annexes

Sector SupplementsSector Supplements

Other Framework ComponentsOther Framework Components

Reporting FrameworkReporting Framework

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The Effect of Plastic Bags on our EnvironmentThe Global Reporting Initiative…The Global Reporting Initiative…

Institution ScopeInstitution Scope• To be the premier standard in sustainable

reporting

• Stakeholders are not satisfied, increasing pressure for balanced CSR

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The Effect of Plastic Bags on our EnvironmentThe Global Reporting Initiative…The Global Reporting Initiative…

Institution ObjectiveInstitution Objective• For companies to focus on the triple bottom

line of business making it a core strategy

• You can’t mitigate what you can’t measure

• Strategic planning is understanding where you’ve been, where you are, and where you are going

• Transparency is the best policy

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The Effect of Plastic Bags on our EnvironmentThe Global Reporting Initiative…The Global Reporting Initiative…

Used byUsed by• Small/Medium Business

• Large Corporations

• Civil Society

• NGOs

• Others

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The Effect of Plastic Bags on our EnvironmentThe Global Reporting Initiative…The Global Reporting Initiative…

ShortcomingsShortcomings• Delinquency in validating corporate CSRs

• Voluntary acceptance of GRI frameworko Informal reporting = green washing

Only show what corporations want to show

• Conflict of interest regarding funding