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What is sustainability A strategy by which communities seek economic development approaches that also benefit the local environment and quality of life
16
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Transcript
Page 1: Corporate sustainability ppt

What is sustainability

A strategy by which communities seek economic development approaches that also benefit the local environment and quality of life

Is a process of achieving human development

Contributed through effective management of social economic and

environment benefits

Global Drivers of Sustainability

Increasing Industrialization Proliferation amp Interconnection of

Civil Stakeholders Emerging Technology Effects of Globalization- poverty

inequity population explosion

Triple Bottom Line

TBLldquo or 3BL

What is TBL

An expanded spectrum of values and criteria for measuring organizational and societal success ndash economic environmental social

In the private sector a commitment to CSR implies a commitment to some form of TBL reporting

The Triple Bottom Line is made up of Social Economic and Environmental

People Planet Profit

Triple Bottom Line Accounting

Expanding the traditional reporting framework Take into account environmental and social

performance in addition to financial performance

Companys responsibility to stakeholders rather than shareholders

Legislation

Legislation permitting corporations to adopt a Triple Bottom Line is under consideration in some jurisdictions

The triple bottom line has been adopted as a part of the State Sustainability Strategy

What is triple bottom line reporting

1048707 ldquoAt its narrowest TBL reporting is a framework

for measuring and reporting corporate(organizational) performance against economicsocial and environmental parametersrdquowwwsustainabilitycom1048707 A move from one dimensional economicreporting to three dimensional economic socialand environmental reporting

How is TBL reporting accomplished

Economic 1048707 Generally Accepted Accounting Principles 1048707 Customers 1048707 Suppliers 1048707 EmployeesSocial 1048707 Bribery and corruption 1048707 Political contributions 1048707 Child labor 1048707 Security practices 1048707 Indigenous rights 1048707 Training and diversityEnvironmental 1048707 Energy 1048707 Water 1048707 Biodiversity 1048707 Emissions effluents and waste

How is TBL reporting accomplished

Through the application of what is called the Global

Reporting Initiative 2002 or GRI and is defined as ldquoa

common framework for sustainability reportingrdquo

Started in 1997 by the Coalition for Environmentally

Responsible Economies and the United Nations

GRI became independent in 2002 and is an official

collaborating centre of the United Nations Environment Programme (UNEP) and works in cooperation with UN Secretary-General Kofi Annanrsquos Global Compact

GLOBAL REPORTING INITIATIVE

GRI1048707 The Global Reporting Initiative attempts to make

theTriple Bottom Line operational1048707 VISIONThe Global Reporting Initiativersquos (GRI) vision is thatreporting on economic environmental and socialperformance by all organizations becomes as routineand comparable as financial reporting GRIaccomplishes this vision by developing continuallyimproving and building capacity around the use ofits Sustainability Reporting Framework

How organizations strategically manage

CSR through triple bottom line reporting

TBL reporting enables organizations to1048707 Measure and manage their financial and

non-financialperformance and impacts or lack thereof1048707 Have their performance and impacts

verifiedindependently1048707 Communicate effectively with consumersgovernments investors employees otherstakeholders and watchdog groups

The implementation of a TBL reporting approach to CSR is an incremental process dealing with the complex and contestable issues involved in attempting to effectively integrate economic environmental and social performance measurement into a single report

ldquoYou cannot talk about CSR unless you love your people and your countryrdquo

Page 2: Corporate sustainability ppt

Is a process of achieving human development

Contributed through effective management of social economic and

environment benefits

Global Drivers of Sustainability

Increasing Industrialization Proliferation amp Interconnection of

Civil Stakeholders Emerging Technology Effects of Globalization- poverty

inequity population explosion

Triple Bottom Line

TBLldquo or 3BL

What is TBL

An expanded spectrum of values and criteria for measuring organizational and societal success ndash economic environmental social

In the private sector a commitment to CSR implies a commitment to some form of TBL reporting

The Triple Bottom Line is made up of Social Economic and Environmental

People Planet Profit

Triple Bottom Line Accounting

Expanding the traditional reporting framework Take into account environmental and social

performance in addition to financial performance

Companys responsibility to stakeholders rather than shareholders

Legislation

Legislation permitting corporations to adopt a Triple Bottom Line is under consideration in some jurisdictions

The triple bottom line has been adopted as a part of the State Sustainability Strategy

What is triple bottom line reporting

1048707 ldquoAt its narrowest TBL reporting is a framework

for measuring and reporting corporate(organizational) performance against economicsocial and environmental parametersrdquowwwsustainabilitycom1048707 A move from one dimensional economicreporting to three dimensional economic socialand environmental reporting

How is TBL reporting accomplished

Economic 1048707 Generally Accepted Accounting Principles 1048707 Customers 1048707 Suppliers 1048707 EmployeesSocial 1048707 Bribery and corruption 1048707 Political contributions 1048707 Child labor 1048707 Security practices 1048707 Indigenous rights 1048707 Training and diversityEnvironmental 1048707 Energy 1048707 Water 1048707 Biodiversity 1048707 Emissions effluents and waste

How is TBL reporting accomplished

Through the application of what is called the Global

Reporting Initiative 2002 or GRI and is defined as ldquoa

common framework for sustainability reportingrdquo

Started in 1997 by the Coalition for Environmentally

Responsible Economies and the United Nations

GRI became independent in 2002 and is an official

collaborating centre of the United Nations Environment Programme (UNEP) and works in cooperation with UN Secretary-General Kofi Annanrsquos Global Compact

GLOBAL REPORTING INITIATIVE

GRI1048707 The Global Reporting Initiative attempts to make

theTriple Bottom Line operational1048707 VISIONThe Global Reporting Initiativersquos (GRI) vision is thatreporting on economic environmental and socialperformance by all organizations becomes as routineand comparable as financial reporting GRIaccomplishes this vision by developing continuallyimproving and building capacity around the use ofits Sustainability Reporting Framework

How organizations strategically manage

CSR through triple bottom line reporting

TBL reporting enables organizations to1048707 Measure and manage their financial and

non-financialperformance and impacts or lack thereof1048707 Have their performance and impacts

verifiedindependently1048707 Communicate effectively with consumersgovernments investors employees otherstakeholders and watchdog groups

The implementation of a TBL reporting approach to CSR is an incremental process dealing with the complex and contestable issues involved in attempting to effectively integrate economic environmental and social performance measurement into a single report

ldquoYou cannot talk about CSR unless you love your people and your countryrdquo

Page 3: Corporate sustainability ppt

Global Drivers of Sustainability

Increasing Industrialization Proliferation amp Interconnection of

Civil Stakeholders Emerging Technology Effects of Globalization- poverty

inequity population explosion

Triple Bottom Line

TBLldquo or 3BL

What is TBL

An expanded spectrum of values and criteria for measuring organizational and societal success ndash economic environmental social

In the private sector a commitment to CSR implies a commitment to some form of TBL reporting

The Triple Bottom Line is made up of Social Economic and Environmental

People Planet Profit

Triple Bottom Line Accounting

Expanding the traditional reporting framework Take into account environmental and social

performance in addition to financial performance

Companys responsibility to stakeholders rather than shareholders

Legislation

Legislation permitting corporations to adopt a Triple Bottom Line is under consideration in some jurisdictions

The triple bottom line has been adopted as a part of the State Sustainability Strategy

What is triple bottom line reporting

1048707 ldquoAt its narrowest TBL reporting is a framework

for measuring and reporting corporate(organizational) performance against economicsocial and environmental parametersrdquowwwsustainabilitycom1048707 A move from one dimensional economicreporting to three dimensional economic socialand environmental reporting

How is TBL reporting accomplished

Economic 1048707 Generally Accepted Accounting Principles 1048707 Customers 1048707 Suppliers 1048707 EmployeesSocial 1048707 Bribery and corruption 1048707 Political contributions 1048707 Child labor 1048707 Security practices 1048707 Indigenous rights 1048707 Training and diversityEnvironmental 1048707 Energy 1048707 Water 1048707 Biodiversity 1048707 Emissions effluents and waste

How is TBL reporting accomplished

Through the application of what is called the Global

Reporting Initiative 2002 or GRI and is defined as ldquoa

common framework for sustainability reportingrdquo

Started in 1997 by the Coalition for Environmentally

Responsible Economies and the United Nations

GRI became independent in 2002 and is an official

collaborating centre of the United Nations Environment Programme (UNEP) and works in cooperation with UN Secretary-General Kofi Annanrsquos Global Compact

GLOBAL REPORTING INITIATIVE

GRI1048707 The Global Reporting Initiative attempts to make

theTriple Bottom Line operational1048707 VISIONThe Global Reporting Initiativersquos (GRI) vision is thatreporting on economic environmental and socialperformance by all organizations becomes as routineand comparable as financial reporting GRIaccomplishes this vision by developing continuallyimproving and building capacity around the use ofits Sustainability Reporting Framework

How organizations strategically manage

CSR through triple bottom line reporting

TBL reporting enables organizations to1048707 Measure and manage their financial and

non-financialperformance and impacts or lack thereof1048707 Have their performance and impacts

verifiedindependently1048707 Communicate effectively with consumersgovernments investors employees otherstakeholders and watchdog groups

The implementation of a TBL reporting approach to CSR is an incremental process dealing with the complex and contestable issues involved in attempting to effectively integrate economic environmental and social performance measurement into a single report

ldquoYou cannot talk about CSR unless you love your people and your countryrdquo

Page 4: Corporate sustainability ppt

Triple Bottom Line

TBLldquo or 3BL

What is TBL

An expanded spectrum of values and criteria for measuring organizational and societal success ndash economic environmental social

In the private sector a commitment to CSR implies a commitment to some form of TBL reporting

The Triple Bottom Line is made up of Social Economic and Environmental

People Planet Profit

Triple Bottom Line Accounting

Expanding the traditional reporting framework Take into account environmental and social

performance in addition to financial performance

Companys responsibility to stakeholders rather than shareholders

Legislation

Legislation permitting corporations to adopt a Triple Bottom Line is under consideration in some jurisdictions

The triple bottom line has been adopted as a part of the State Sustainability Strategy

What is triple bottom line reporting

1048707 ldquoAt its narrowest TBL reporting is a framework

for measuring and reporting corporate(organizational) performance against economicsocial and environmental parametersrdquowwwsustainabilitycom1048707 A move from one dimensional economicreporting to three dimensional economic socialand environmental reporting

How is TBL reporting accomplished

Economic 1048707 Generally Accepted Accounting Principles 1048707 Customers 1048707 Suppliers 1048707 EmployeesSocial 1048707 Bribery and corruption 1048707 Political contributions 1048707 Child labor 1048707 Security practices 1048707 Indigenous rights 1048707 Training and diversityEnvironmental 1048707 Energy 1048707 Water 1048707 Biodiversity 1048707 Emissions effluents and waste

How is TBL reporting accomplished

Through the application of what is called the Global

Reporting Initiative 2002 or GRI and is defined as ldquoa

common framework for sustainability reportingrdquo

Started in 1997 by the Coalition for Environmentally

Responsible Economies and the United Nations

GRI became independent in 2002 and is an official

collaborating centre of the United Nations Environment Programme (UNEP) and works in cooperation with UN Secretary-General Kofi Annanrsquos Global Compact

GLOBAL REPORTING INITIATIVE

GRI1048707 The Global Reporting Initiative attempts to make

theTriple Bottom Line operational1048707 VISIONThe Global Reporting Initiativersquos (GRI) vision is thatreporting on economic environmental and socialperformance by all organizations becomes as routineand comparable as financial reporting GRIaccomplishes this vision by developing continuallyimproving and building capacity around the use ofits Sustainability Reporting Framework

How organizations strategically manage

CSR through triple bottom line reporting

TBL reporting enables organizations to1048707 Measure and manage their financial and

non-financialperformance and impacts or lack thereof1048707 Have their performance and impacts

verifiedindependently1048707 Communicate effectively with consumersgovernments investors employees otherstakeholders and watchdog groups

The implementation of a TBL reporting approach to CSR is an incremental process dealing with the complex and contestable issues involved in attempting to effectively integrate economic environmental and social performance measurement into a single report

ldquoYou cannot talk about CSR unless you love your people and your countryrdquo

Page 5: Corporate sustainability ppt

What is TBL

An expanded spectrum of values and criteria for measuring organizational and societal success ndash economic environmental social

In the private sector a commitment to CSR implies a commitment to some form of TBL reporting

The Triple Bottom Line is made up of Social Economic and Environmental

People Planet Profit

Triple Bottom Line Accounting

Expanding the traditional reporting framework Take into account environmental and social

performance in addition to financial performance

Companys responsibility to stakeholders rather than shareholders

Legislation

Legislation permitting corporations to adopt a Triple Bottom Line is under consideration in some jurisdictions

The triple bottom line has been adopted as a part of the State Sustainability Strategy

What is triple bottom line reporting

1048707 ldquoAt its narrowest TBL reporting is a framework

for measuring and reporting corporate(organizational) performance against economicsocial and environmental parametersrdquowwwsustainabilitycom1048707 A move from one dimensional economicreporting to three dimensional economic socialand environmental reporting

How is TBL reporting accomplished

Economic 1048707 Generally Accepted Accounting Principles 1048707 Customers 1048707 Suppliers 1048707 EmployeesSocial 1048707 Bribery and corruption 1048707 Political contributions 1048707 Child labor 1048707 Security practices 1048707 Indigenous rights 1048707 Training and diversityEnvironmental 1048707 Energy 1048707 Water 1048707 Biodiversity 1048707 Emissions effluents and waste

How is TBL reporting accomplished

Through the application of what is called the Global

Reporting Initiative 2002 or GRI and is defined as ldquoa

common framework for sustainability reportingrdquo

Started in 1997 by the Coalition for Environmentally

Responsible Economies and the United Nations

GRI became independent in 2002 and is an official

collaborating centre of the United Nations Environment Programme (UNEP) and works in cooperation with UN Secretary-General Kofi Annanrsquos Global Compact

GLOBAL REPORTING INITIATIVE

GRI1048707 The Global Reporting Initiative attempts to make

theTriple Bottom Line operational1048707 VISIONThe Global Reporting Initiativersquos (GRI) vision is thatreporting on economic environmental and socialperformance by all organizations becomes as routineand comparable as financial reporting GRIaccomplishes this vision by developing continuallyimproving and building capacity around the use ofits Sustainability Reporting Framework

How organizations strategically manage

CSR through triple bottom line reporting

TBL reporting enables organizations to1048707 Measure and manage their financial and

non-financialperformance and impacts or lack thereof1048707 Have their performance and impacts

verifiedindependently1048707 Communicate effectively with consumersgovernments investors employees otherstakeholders and watchdog groups

The implementation of a TBL reporting approach to CSR is an incremental process dealing with the complex and contestable issues involved in attempting to effectively integrate economic environmental and social performance measurement into a single report

ldquoYou cannot talk about CSR unless you love your people and your countryrdquo

Page 6: Corporate sustainability ppt

The Triple Bottom Line is made up of Social Economic and Environmental

People Planet Profit

Triple Bottom Line Accounting

Expanding the traditional reporting framework Take into account environmental and social

performance in addition to financial performance

Companys responsibility to stakeholders rather than shareholders

Legislation

Legislation permitting corporations to adopt a Triple Bottom Line is under consideration in some jurisdictions

The triple bottom line has been adopted as a part of the State Sustainability Strategy

What is triple bottom line reporting

1048707 ldquoAt its narrowest TBL reporting is a framework

for measuring and reporting corporate(organizational) performance against economicsocial and environmental parametersrdquowwwsustainabilitycom1048707 A move from one dimensional economicreporting to three dimensional economic socialand environmental reporting

How is TBL reporting accomplished

Economic 1048707 Generally Accepted Accounting Principles 1048707 Customers 1048707 Suppliers 1048707 EmployeesSocial 1048707 Bribery and corruption 1048707 Political contributions 1048707 Child labor 1048707 Security practices 1048707 Indigenous rights 1048707 Training and diversityEnvironmental 1048707 Energy 1048707 Water 1048707 Biodiversity 1048707 Emissions effluents and waste

How is TBL reporting accomplished

Through the application of what is called the Global

Reporting Initiative 2002 or GRI and is defined as ldquoa

common framework for sustainability reportingrdquo

Started in 1997 by the Coalition for Environmentally

Responsible Economies and the United Nations

GRI became independent in 2002 and is an official

collaborating centre of the United Nations Environment Programme (UNEP) and works in cooperation with UN Secretary-General Kofi Annanrsquos Global Compact

GLOBAL REPORTING INITIATIVE

GRI1048707 The Global Reporting Initiative attempts to make

theTriple Bottom Line operational1048707 VISIONThe Global Reporting Initiativersquos (GRI) vision is thatreporting on economic environmental and socialperformance by all organizations becomes as routineand comparable as financial reporting GRIaccomplishes this vision by developing continuallyimproving and building capacity around the use ofits Sustainability Reporting Framework

How organizations strategically manage

CSR through triple bottom line reporting

TBL reporting enables organizations to1048707 Measure and manage their financial and

non-financialperformance and impacts or lack thereof1048707 Have their performance and impacts

verifiedindependently1048707 Communicate effectively with consumersgovernments investors employees otherstakeholders and watchdog groups

The implementation of a TBL reporting approach to CSR is an incremental process dealing with the complex and contestable issues involved in attempting to effectively integrate economic environmental and social performance measurement into a single report

ldquoYou cannot talk about CSR unless you love your people and your countryrdquo

Page 7: Corporate sustainability ppt

Triple Bottom Line Accounting

Expanding the traditional reporting framework Take into account environmental and social

performance in addition to financial performance

Companys responsibility to stakeholders rather than shareholders

Legislation

Legislation permitting corporations to adopt a Triple Bottom Line is under consideration in some jurisdictions

The triple bottom line has been adopted as a part of the State Sustainability Strategy

What is triple bottom line reporting

1048707 ldquoAt its narrowest TBL reporting is a framework

for measuring and reporting corporate(organizational) performance against economicsocial and environmental parametersrdquowwwsustainabilitycom1048707 A move from one dimensional economicreporting to three dimensional economic socialand environmental reporting

How is TBL reporting accomplished

Economic 1048707 Generally Accepted Accounting Principles 1048707 Customers 1048707 Suppliers 1048707 EmployeesSocial 1048707 Bribery and corruption 1048707 Political contributions 1048707 Child labor 1048707 Security practices 1048707 Indigenous rights 1048707 Training and diversityEnvironmental 1048707 Energy 1048707 Water 1048707 Biodiversity 1048707 Emissions effluents and waste

How is TBL reporting accomplished

Through the application of what is called the Global

Reporting Initiative 2002 or GRI and is defined as ldquoa

common framework for sustainability reportingrdquo

Started in 1997 by the Coalition for Environmentally

Responsible Economies and the United Nations

GRI became independent in 2002 and is an official

collaborating centre of the United Nations Environment Programme (UNEP) and works in cooperation with UN Secretary-General Kofi Annanrsquos Global Compact

GLOBAL REPORTING INITIATIVE

GRI1048707 The Global Reporting Initiative attempts to make

theTriple Bottom Line operational1048707 VISIONThe Global Reporting Initiativersquos (GRI) vision is thatreporting on economic environmental and socialperformance by all organizations becomes as routineand comparable as financial reporting GRIaccomplishes this vision by developing continuallyimproving and building capacity around the use ofits Sustainability Reporting Framework

How organizations strategically manage

CSR through triple bottom line reporting

TBL reporting enables organizations to1048707 Measure and manage their financial and

non-financialperformance and impacts or lack thereof1048707 Have their performance and impacts

verifiedindependently1048707 Communicate effectively with consumersgovernments investors employees otherstakeholders and watchdog groups

The implementation of a TBL reporting approach to CSR is an incremental process dealing with the complex and contestable issues involved in attempting to effectively integrate economic environmental and social performance measurement into a single report

ldquoYou cannot talk about CSR unless you love your people and your countryrdquo

Page 8: Corporate sustainability ppt

Legislation

Legislation permitting corporations to adopt a Triple Bottom Line is under consideration in some jurisdictions

The triple bottom line has been adopted as a part of the State Sustainability Strategy

What is triple bottom line reporting

1048707 ldquoAt its narrowest TBL reporting is a framework

for measuring and reporting corporate(organizational) performance against economicsocial and environmental parametersrdquowwwsustainabilitycom1048707 A move from one dimensional economicreporting to three dimensional economic socialand environmental reporting

How is TBL reporting accomplished

Economic 1048707 Generally Accepted Accounting Principles 1048707 Customers 1048707 Suppliers 1048707 EmployeesSocial 1048707 Bribery and corruption 1048707 Political contributions 1048707 Child labor 1048707 Security practices 1048707 Indigenous rights 1048707 Training and diversityEnvironmental 1048707 Energy 1048707 Water 1048707 Biodiversity 1048707 Emissions effluents and waste

How is TBL reporting accomplished

Through the application of what is called the Global

Reporting Initiative 2002 or GRI and is defined as ldquoa

common framework for sustainability reportingrdquo

Started in 1997 by the Coalition for Environmentally

Responsible Economies and the United Nations

GRI became independent in 2002 and is an official

collaborating centre of the United Nations Environment Programme (UNEP) and works in cooperation with UN Secretary-General Kofi Annanrsquos Global Compact

GLOBAL REPORTING INITIATIVE

GRI1048707 The Global Reporting Initiative attempts to make

theTriple Bottom Line operational1048707 VISIONThe Global Reporting Initiativersquos (GRI) vision is thatreporting on economic environmental and socialperformance by all organizations becomes as routineand comparable as financial reporting GRIaccomplishes this vision by developing continuallyimproving and building capacity around the use ofits Sustainability Reporting Framework

How organizations strategically manage

CSR through triple bottom line reporting

TBL reporting enables organizations to1048707 Measure and manage their financial and

non-financialperformance and impacts or lack thereof1048707 Have their performance and impacts

verifiedindependently1048707 Communicate effectively with consumersgovernments investors employees otherstakeholders and watchdog groups

The implementation of a TBL reporting approach to CSR is an incremental process dealing with the complex and contestable issues involved in attempting to effectively integrate economic environmental and social performance measurement into a single report

ldquoYou cannot talk about CSR unless you love your people and your countryrdquo

Page 9: Corporate sustainability ppt

What is triple bottom line reporting

1048707 ldquoAt its narrowest TBL reporting is a framework

for measuring and reporting corporate(organizational) performance against economicsocial and environmental parametersrdquowwwsustainabilitycom1048707 A move from one dimensional economicreporting to three dimensional economic socialand environmental reporting

How is TBL reporting accomplished

Economic 1048707 Generally Accepted Accounting Principles 1048707 Customers 1048707 Suppliers 1048707 EmployeesSocial 1048707 Bribery and corruption 1048707 Political contributions 1048707 Child labor 1048707 Security practices 1048707 Indigenous rights 1048707 Training and diversityEnvironmental 1048707 Energy 1048707 Water 1048707 Biodiversity 1048707 Emissions effluents and waste

How is TBL reporting accomplished

Through the application of what is called the Global

Reporting Initiative 2002 or GRI and is defined as ldquoa

common framework for sustainability reportingrdquo

Started in 1997 by the Coalition for Environmentally

Responsible Economies and the United Nations

GRI became independent in 2002 and is an official

collaborating centre of the United Nations Environment Programme (UNEP) and works in cooperation with UN Secretary-General Kofi Annanrsquos Global Compact

GLOBAL REPORTING INITIATIVE

GRI1048707 The Global Reporting Initiative attempts to make

theTriple Bottom Line operational1048707 VISIONThe Global Reporting Initiativersquos (GRI) vision is thatreporting on economic environmental and socialperformance by all organizations becomes as routineand comparable as financial reporting GRIaccomplishes this vision by developing continuallyimproving and building capacity around the use ofits Sustainability Reporting Framework

How organizations strategically manage

CSR through triple bottom line reporting

TBL reporting enables organizations to1048707 Measure and manage their financial and

non-financialperformance and impacts or lack thereof1048707 Have their performance and impacts

verifiedindependently1048707 Communicate effectively with consumersgovernments investors employees otherstakeholders and watchdog groups

The implementation of a TBL reporting approach to CSR is an incremental process dealing with the complex and contestable issues involved in attempting to effectively integrate economic environmental and social performance measurement into a single report

ldquoYou cannot talk about CSR unless you love your people and your countryrdquo

Page 10: Corporate sustainability ppt

How is TBL reporting accomplished

Economic 1048707 Generally Accepted Accounting Principles 1048707 Customers 1048707 Suppliers 1048707 EmployeesSocial 1048707 Bribery and corruption 1048707 Political contributions 1048707 Child labor 1048707 Security practices 1048707 Indigenous rights 1048707 Training and diversityEnvironmental 1048707 Energy 1048707 Water 1048707 Biodiversity 1048707 Emissions effluents and waste

How is TBL reporting accomplished

Through the application of what is called the Global

Reporting Initiative 2002 or GRI and is defined as ldquoa

common framework for sustainability reportingrdquo

Started in 1997 by the Coalition for Environmentally

Responsible Economies and the United Nations

GRI became independent in 2002 and is an official

collaborating centre of the United Nations Environment Programme (UNEP) and works in cooperation with UN Secretary-General Kofi Annanrsquos Global Compact

GLOBAL REPORTING INITIATIVE

GRI1048707 The Global Reporting Initiative attempts to make

theTriple Bottom Line operational1048707 VISIONThe Global Reporting Initiativersquos (GRI) vision is thatreporting on economic environmental and socialperformance by all organizations becomes as routineand comparable as financial reporting GRIaccomplishes this vision by developing continuallyimproving and building capacity around the use ofits Sustainability Reporting Framework

How organizations strategically manage

CSR through triple bottom line reporting

TBL reporting enables organizations to1048707 Measure and manage their financial and

non-financialperformance and impacts or lack thereof1048707 Have their performance and impacts

verifiedindependently1048707 Communicate effectively with consumersgovernments investors employees otherstakeholders and watchdog groups

The implementation of a TBL reporting approach to CSR is an incremental process dealing with the complex and contestable issues involved in attempting to effectively integrate economic environmental and social performance measurement into a single report

ldquoYou cannot talk about CSR unless you love your people and your countryrdquo

Page 11: Corporate sustainability ppt

How is TBL reporting accomplished

Through the application of what is called the Global

Reporting Initiative 2002 or GRI and is defined as ldquoa

common framework for sustainability reportingrdquo

Started in 1997 by the Coalition for Environmentally

Responsible Economies and the United Nations

GRI became independent in 2002 and is an official

collaborating centre of the United Nations Environment Programme (UNEP) and works in cooperation with UN Secretary-General Kofi Annanrsquos Global Compact

GLOBAL REPORTING INITIATIVE

GRI1048707 The Global Reporting Initiative attempts to make

theTriple Bottom Line operational1048707 VISIONThe Global Reporting Initiativersquos (GRI) vision is thatreporting on economic environmental and socialperformance by all organizations becomes as routineand comparable as financial reporting GRIaccomplishes this vision by developing continuallyimproving and building capacity around the use ofits Sustainability Reporting Framework

How organizations strategically manage

CSR through triple bottom line reporting

TBL reporting enables organizations to1048707 Measure and manage their financial and

non-financialperformance and impacts or lack thereof1048707 Have their performance and impacts

verifiedindependently1048707 Communicate effectively with consumersgovernments investors employees otherstakeholders and watchdog groups

The implementation of a TBL reporting approach to CSR is an incremental process dealing with the complex and contestable issues involved in attempting to effectively integrate economic environmental and social performance measurement into a single report

ldquoYou cannot talk about CSR unless you love your people and your countryrdquo

Page 12: Corporate sustainability ppt

Started in 1997 by the Coalition for Environmentally

Responsible Economies and the United Nations

GRI became independent in 2002 and is an official

collaborating centre of the United Nations Environment Programme (UNEP) and works in cooperation with UN Secretary-General Kofi Annanrsquos Global Compact

GLOBAL REPORTING INITIATIVE

GRI1048707 The Global Reporting Initiative attempts to make

theTriple Bottom Line operational1048707 VISIONThe Global Reporting Initiativersquos (GRI) vision is thatreporting on economic environmental and socialperformance by all organizations becomes as routineand comparable as financial reporting GRIaccomplishes this vision by developing continuallyimproving and building capacity around the use ofits Sustainability Reporting Framework

How organizations strategically manage

CSR through triple bottom line reporting

TBL reporting enables organizations to1048707 Measure and manage their financial and

non-financialperformance and impacts or lack thereof1048707 Have their performance and impacts

verifiedindependently1048707 Communicate effectively with consumersgovernments investors employees otherstakeholders and watchdog groups

The implementation of a TBL reporting approach to CSR is an incremental process dealing with the complex and contestable issues involved in attempting to effectively integrate economic environmental and social performance measurement into a single report

ldquoYou cannot talk about CSR unless you love your people and your countryrdquo

Page 13: Corporate sustainability ppt

GLOBAL REPORTING INITIATIVE

GRI1048707 The Global Reporting Initiative attempts to make

theTriple Bottom Line operational1048707 VISIONThe Global Reporting Initiativersquos (GRI) vision is thatreporting on economic environmental and socialperformance by all organizations becomes as routineand comparable as financial reporting GRIaccomplishes this vision by developing continuallyimproving and building capacity around the use ofits Sustainability Reporting Framework

How organizations strategically manage

CSR through triple bottom line reporting

TBL reporting enables organizations to1048707 Measure and manage their financial and

non-financialperformance and impacts or lack thereof1048707 Have their performance and impacts

verifiedindependently1048707 Communicate effectively with consumersgovernments investors employees otherstakeholders and watchdog groups

The implementation of a TBL reporting approach to CSR is an incremental process dealing with the complex and contestable issues involved in attempting to effectively integrate economic environmental and social performance measurement into a single report

ldquoYou cannot talk about CSR unless you love your people and your countryrdquo

Page 14: Corporate sustainability ppt

How organizations strategically manage

CSR through triple bottom line reporting

TBL reporting enables organizations to1048707 Measure and manage their financial and

non-financialperformance and impacts or lack thereof1048707 Have their performance and impacts

verifiedindependently1048707 Communicate effectively with consumersgovernments investors employees otherstakeholders and watchdog groups

The implementation of a TBL reporting approach to CSR is an incremental process dealing with the complex and contestable issues involved in attempting to effectively integrate economic environmental and social performance measurement into a single report

ldquoYou cannot talk about CSR unless you love your people and your countryrdquo

Page 15: Corporate sustainability ppt

The implementation of a TBL reporting approach to CSR is an incremental process dealing with the complex and contestable issues involved in attempting to effectively integrate economic environmental and social performance measurement into a single report

ldquoYou cannot talk about CSR unless you love your people and your countryrdquo

Page 16: Corporate sustainability ppt

ldquoYou cannot talk about CSR unless you love your people and your countryrdquo