Instituting Sustainability through New Metrics and Reporting: Community Dialogue on Aligning to Support Standards that Speed Change
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Instituting Sustainability through New Metrics and Reporting: Community Dialogue on Aligning to Support Standards that Speed Change Bob Willard, The New Sustainability Advantage Katie Schmitz Eulitt, SASB Mark Tulay, GISR Dermot Hikisch, B Lab Mike Wallace, Global Reporting Initiative Paul Herman, HIP Investor
bobwillard@sympatico.ca www.sustainabilityadvantage.com
INSTITUTING SUSTAINABILITY THROUGH NEW
METRICS AND REPORTING: COMMUNITY DIALOGUE ON ALIGNING TO
SUPPORT STANDARDS THAT SPEED CHANGE
“Expect the Unexpected: Building business value in a changing world,” KPMG, 2012
Do providers of capital
care …?
… enough?
… yet?
CAPITAL IS THE LIFEBLOOD
OF CAPITALISM
STOCK
EXCHANGES $
THE COMPANY
INVESTORS AND LENDERS
$
CAPITAL MARKET
INFORMATION ECOSYSTEM
ASSURERS
RATERS RESEARCHERS
AGGREGATORS
THE COMPANY
Regulatory
filings
Voluntary
reporting
STOCK
EXCHANGES $
INVESTORS AND LENDERS
$
Based on GISR “Sustainability Information Value Chain” figure
ESG RATING / REPORTING STANDARDS
GRI G4
Guidelines
IIRC Framework
ASSURERS
RATERS RESEARCHERS
AGGREGATORS
SASB
Standard
INCR
Listings
Standard
GISR
Ratings
Standard
THE COMPANY
Regulatory
filings
Voluntary
reporting
STOCK
EXCHANGES $
INVESTORS AND LENDERS
$
CAPITAL IS THE LIFEBLOOD
OF CAPITALISM
STOCK
EXCHANGES $
THE COMPANY
INVESTORS AND LENDERS
$
ESG
IMBEDDING ESG IN THE
EXECUTIVE MINDSET
RATERS
EXECUTIVE MINDSET / COMPANY CULTURE
Regulatory reporting
STOCK EXCHANGES
INVESTORS AND LENDERS
What interests capital markets fascinates executives.
Voluntary reporting
Interest
in ESG
REPORTING IS THE “TRIM TAB”
ON THE CORPORATE RUDDER
What managers report shapes the way managers think.
Better reporting for better business.
Integrated reporting breeds integrated thinking.
To change the game, change the scorecard.
•! What gets reported gets measured.
•! What gets measured gets managed.
•! What gets managed gets imbedded in executive’s mindset.
bobwillard@sympatico.ca www.sustainabilityadvantage.com
INSTITUTING SUSTAINABILITY THROUGH NEW
METRICS AND REPORTING: COMMUNITY DIALOGUE ON ALIGNING TO
SUPPORT STANDARDS THAT SPEED CHANGE
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