tag:blogger.com,1999:blog-8008724049496903547.comments2024-02-29T10:42:57.905+02:00csr-reportingelainehttp://www.blogger.com/profile/07433863039389159395noreply@blogger.comBlogger647125tag:blogger.com,1999:blog-8008724049496903547.post-73723839728082889852017-10-19T00:09:02.441+03:002017-10-19T00:09:02.441+03:00Sustainability Reporting is the only way forward. ...Sustainability Reporting is the only way forward. We all need to up our games with stakeholders satisfaction in focus while not negating the truism testLucky Kormenehttps://www.blogger.com/profile/10310864573579269143noreply@blogger.comtag:blogger.com,1999:blog-8008724049496903547.post-15921280297781867642016-11-01T09:18:04.648+02:002016-11-01T09:18:04.648+02:00Dear Elaine, Thanks for your interesting and enlig...Dear Elaine, Thanks for your interesting and enlightening article. I think the secret of collaboration, not only between GRI and SASB but also standards like CDP lies in technology. All financial reporting is moving towards XBRL (eXtensible Business Reporting Language). Non-financial reporting must do the same. In so doing GRI, SASB and CDP must unite their information so that even thought their approaches vary the underlying information is comparable by computers. Best Wishes, Jiro Olcott, Managing Partner, Guard Global LtdJiro Olcotthttp://www.guardglobal.orgnoreply@blogger.comtag:blogger.com,1999:blog-8008724049496903547.post-21220376540069523232016-10-27T14:40:23.402+03:002016-10-27T14:40:23.402+03:00Elaine, while I am not commenting on the parallel ...Elaine, while I am not commenting on the parallel development you see here with the US elections, I recognize you have given a perfect explanation why we set up Reporting 3.0 in 2013, and have - after 3 years of conferencing - started a work ecosystem in which 4 blueprints on reporting, accounting, data and new business models are currently produced. They do what the standard setters should have started years ago. Not in an attempt to compete, but to develop the necessary level of CONVERGENCE thinking that none of them is able to envisage alone, mainly because of the turf that is ongoing for long. Your example is just the last episode of what's going on for many years. The MoUs between them are - face it - cease-fire agreements, speaking collaboration, but meaning cementing claims on who has the better materiality proposition. Our experience is that you need to step one level up and offer a different ecosystem to innovate thinking that makes obsolete the necessity for any such claims, simply because all of them will be better of. In our view a lot of that has to do with finally making sustainability context an 'integral' part, and not the forgotten principle, and finding ways to connect micro-performance with macro-urgencies, so that fiduciary duty isn't cut into pieces of one single company (how can it be that more than 50% of global multinationals think that climate change is NOT a material issue for them?) and then suddenly disappears. The reporting and data blueprint just got published, and you can take part in next week's Convetit think tank where they will be discussed. An email to hello@reporting3.org is enough. You're right, we don't need the turf, but convergence is the way forward!Ralph Thurmnoreply@blogger.comtag:blogger.com,1999:blog-8008724049496903547.post-68804326480148483502016-10-14T16:27:47.504+03:002016-10-14T16:27:47.504+03:00Great blog on csr it was very informative to know ...Great blog on csr it was very informative to know about that thanks for sharing.Nita Khatrihttp://www.seed.ind.in/noreply@blogger.comtag:blogger.com,1999:blog-8008724049496903547.post-40940943560280038382016-09-17T09:53:54.525+03:002016-09-17T09:53:54.525+03:00Provides useful information about the Csr reportin...Provides useful information about the Csr reporting which helps in gaining the better knowledge<br /><br /><a href="http://eccinternational.com/consulting/corporate-sustainability--governance/sustainability-reporting" rel="nofollow">Sustainability Reporting</a><br /><br />Ravi Arjunhttps://www.blogger.com/profile/09464682112856156676noreply@blogger.comtag:blogger.com,1999:blog-8008724049496903547.post-8341578874599056052016-08-17T07:31:56.091+03:002016-08-17T07:31:56.091+03:00Thanks Elaine! You're the bestThanks Elaine! You're the bestדניאלה פרוסקי-שיאוןhttps://www.blogger.com/profile/01149258384112030691noreply@blogger.comtag:blogger.com,1999:blog-8008724049496903547.post-54815990651566529922016-06-16T09:45:26.443+03:002016-06-16T09:45:26.443+03:00Was there any Progress since then?
Are there any i...Was there any Progress since then?<br />Are there any interesting Research projects in combining SASB, IIRC and GRI?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8008724049496903547.post-27100410258750461962016-05-23T16:25:05.881+03:002016-05-23T16:25:05.881+03:00Thanks for commenting, Alan. I don't follow Br...Thanks for commenting, Alan. I don't follow British politics having not lived in the country for more than 25 years and I did not intend my transcript of this commentary to be a reflection on the record of any government or political party or individual politician . I do believe that companies have a role to play in creating positive jobs and wealth distribution - in a sustainable way - and that includes living wage and all other aspects of employment in a sustainable development context. Best, Elaine<br />elainehttps://www.blogger.com/profile/07433863039389159395noreply@blogger.comtag:blogger.com,1999:blog-8008724049496903547.post-23548183134694610062016-05-23T12:00:09.229+03:002016-05-23T12:00:09.229+03:00Elaine, I did not go to the conference this year a...Elaine, I did not go to the conference this year and I did not hear Swayne's speech so I only have your summary to go on. But I must say that my initial response would be much less favourable. Yes, jobs are important. A just and equitable distribution of our efforts and contributions is more important and would create the jobs he asks his 'comrades' (I mean really, did he really use that word?) to think about. He is a hypocrite. He is part of a government that has done more to remove the underlying policy basis for job creation than any other government in a long time. He supports an economic ideology that has created the wealth and income inequality that destroys job creation and that leaves those in jobs beneath a living wage. His claim that it is only the private sector that can innovate and has the wherewithall to invest in job creation is utter nonsense and had been disproven over and over again. This man is a chearleader for a neoliberal economic ideology that is and has been broken for a long time. By squeazing sustainable development into this broken ideology he is doing us all is diservice.<br />Alan Knighthttps://www.blogger.com/profile/08381308511695283263noreply@blogger.comtag:blogger.com,1999:blog-8008724049496903547.post-70241404580472422972016-03-01T01:14:23.276+02:002016-03-01T01:14:23.276+02:00Great article and great comments. As a newcomer to...Great article and great comments. As a newcomer to materiality assessments, I have a major question. The article mentions fault in not disclosing HOW dot positioning is determined. Any suggestions on how to actually determine the positioning? I have a list of aspects but not sure HOW to place them in the matrix.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8008724049496903547.post-7647023575111862852016-01-17T02:28:36.083+02:002016-01-17T02:28:36.083+02:00Hi Elaine.
So nice to see a Colombian company mak...Hi Elaine.<br /><br />So nice to see a Colombian company making your Top10!!!!<br /><br />Wish you an excellent 2016 an see you in the GRI event in May!!!eatehorthttps://www.blogger.com/profile/12548527360158758235noreply@blogger.comtag:blogger.com,1999:blog-8008724049496903547.post-88697712708055328242016-01-13T15:25:13.309+02:002016-01-13T15:25:13.309+02:00Thank you Mr Hegade for your comment. I think we a...Thank you Mr Hegade for your comment. I think we are already seeing the development of the Indian market in terms of CSR, both through regulation and also throuh the realization that it's a way to create sustainable value. This post was written quite some years ago but it's still true today. elainehttps://www.blogger.com/profile/07433863039389159395noreply@blogger.comtag:blogger.com,1999:blog-8008724049496903547.post-4495128660086716712016-01-09T15:27:13.085+02:002016-01-09T15:27:13.085+02:00Hi elaine, i agree with you there is lots opportun...Hi elaine, i agree with you there is lots opportunities in Indian market.<br /> India’s healthcare expenditure is considerably low as compared to other developed and similar emerging economies. Statistics state that this figure is less than half of the global average in terms of percentage, when calculated on GDP basis. In a bid to boost this number, the Indian government has passed a new set of guidelines for public sector undertakings under corporate social responsibility (CSR) activities as a major motivator. In India, the regulation of CSR is governed by clause 135 of the Companies Act, 2013, which was passed by both houses of the parliament, and had received assent by the President of India on 29 August 2013. As per the act, the CSR provision is applicable to companies with an annual turnover of INR 1,000 crore or more, or a net worth of INR 500 crore or more, or a net profit of INR 5 crore or more. The new rules will be applicable from the year 2014-15. <br />mr hegdehttps://www.blogger.com/profile/09824678067416557759noreply@blogger.comtag:blogger.com,1999:blog-8008724049496903547.post-72899713277112074472015-11-12T14:45:13.040+02:002015-11-12T14:45:13.040+02:00Hi Elaine. I really appreciate my clients in the f...Hi Elaine. I really appreciate my clients in the food sector. In my opinion they are the more convinced around the business benefits of having a sustainability strategy and approach.<br /><br />Congratulations for the good job.eatehorthttps://www.blogger.com/profile/12548527360158758235noreply@blogger.comtag:blogger.com,1999:blog-8008724049496903547.post-36169694467022818182015-10-29T15:49:23.811+02:002015-10-29T15:49:23.811+02:00Hey Elaine -- thanks for your response -- I agree ...Hey Elaine -- thanks for your response -- I agree that a global framework for reporting GHG emissions in the context of science-based thresholds (eg 2 degrees / 350ppm / carbon budget) is the best way forward. GRI's SustyContext Principle provides the conceptual underpinning, and the WWF / WRI / CDP / UNGC Science-Based Targets initiative provides methodologies. It would have been helpful if the IPIECA had stepped up to provide industry-endorsed guidance on this vital issue, but it appears that this is not the case. And I'm not aware of a specific agenda item at COP21 on creating such a global framework that you suggest -- let's let each other know about it if we hear anything :-)<br />Hope to see you at the GRI Conference!<br />Best,<br />Bill Bill Bauehttps://www.blogger.com/profile/05002371789159262070noreply@blogger.comtag:blogger.com,1999:blog-8008724049496903547.post-85293627939193208572015-10-28T19:15:55.263+02:002015-10-28T19:15:55.263+02:00Hi again Bill, yes, I understand the move toward s...Hi again Bill, yes, I understand the move toward science-based targets. I am looking forward to a transformational outcome of COP21 to provide, among other things, a framework for companies around the world to operate within. I believe the issue of climate change reqires a collective response that goes beyond the specific reporting practice of any single company or sector. elainehttps://www.blogger.com/profile/07433863039389159395noreply@blogger.comtag:blogger.com,1999:blog-8008724049496903547.post-31626051942527170052015-10-28T17:48:21.576+02:002015-10-28T17:48:21.576+02:00Thanks Elaine -- so am I correct in assuming that ...Thanks Elaine -- so am I correct in assuming that the IPIECA guidance does not call for budget-based accounting of carbon? As you likely know, the corporate world is heading toward science-based targets (see for example http://www.sciencebasedtargets.org/ ), so IPIECA seems to be lagging on this front. I would be very interested to hear a more expansive explanation of your perspective on this. Thanks!Bill Bauehttps://www.blogger.com/profile/05002371789159262070noreply@blogger.comtag:blogger.com,1999:blog-8008724049496903547.post-66724242420915900852015-10-28T17:26:54.434+02:002015-10-28T17:26:54.434+02:00hi Bill, thanks for reading and for your comments ...hi Bill, thanks for reading and for your comments about reporting and the carbon budget. As always, an interesting observation. Best, Elaine elainehttps://www.blogger.com/profile/07433863039389159395noreply@blogger.comtag:blogger.com,1999:blog-8008724049496903547.post-73966333294594035552015-10-28T15:21:40.260+02:002015-10-28T15:21:40.260+02:00Very interesting, Elaine! One quick follow-up ques...Very interesting, Elaine! One quick follow-up question: in the GHG emissions reporting guidance, I don't see anything about comparing emissions to the carbon budget -- which is really the primary reason for reporting GHG emissions in the first place. Am I missing something? Or does IPIECA really leave this integral step out of the mix? If so, the implications are profound! I know you've written elsewhere on your blog on the importance of reporting impacts within the context of ecological limits (ie your piece on the uselessness of materiality matrices), so I wonder when the reporting world is going to catch up with this necessary practice... Bill Bauehttps://www.blogger.com/profile/05002371789159262070noreply@blogger.comtag:blogger.com,1999:blog-8008724049496903547.post-34945425480572845252015-09-29T12:00:33.093+03:002015-09-29T12:00:33.093+03:00I think that Antonio Vives means Awards, instead o...I think that Antonio Vives means Awards, instead of Permissions (typographical error in original). It has sense now.Anonymoushttps://www.blogger.com/profile/03410544333715094675noreply@blogger.comtag:blogger.com,1999:blog-8008724049496903547.post-49822602628179873652015-09-27T19:23:28.074+03:002015-09-27T19:23:28.074+03:00Hi Elaine; Thank you for your 5 truths; reading be...Hi Elaine; Thank you for your 5 truths; reading between the lines the question is how could this have been prevented. Through external auditing of reports? earlier inspections by the government? more pressure from the shareholders even if it meant lower dividends and a lower price for their shares?<br /><br />Regards,<br /><br />@gastonbilderGbilderhttps://www.blogger.com/profile/13174963590180153851noreply@blogger.comtag:blogger.com,1999:blog-8008724049496903547.post-74796863979544415012015-09-18T19:06:11.882+03:002015-09-18T19:06:11.882+03:00Thanks Rachel for your comments. Best, Katie Thanks Rachel for your comments. Best, Katie Katie Buchanannoreply@blogger.comtag:blogger.com,1999:blog-8008724049496903547.post-72007222399714449402015-09-17T09:41:59.117+03:002015-09-17T09:41:59.117+03:00Thanks Rachel for your comment. you are absolutely...Thanks Rachel for your comment. you are absolutely correct - involving employees in the production of the human-infographics is a fabulous way to engage them and educate them about sustainability impacts and initiatives. warm regards, Elaineelainehttps://www.blogger.com/profile/07433863039389159395noreply@blogger.comtag:blogger.com,1999:blog-8008724049496903547.post-34352554813415908052015-09-16T19:23:51.950+03:002015-09-16T19:23:51.950+03:00This was a great post! I absolutely agree that Vir...This was a great post! I absolutely agree that Virgin Media is stepping out of the box with their graphics and design inside of the report - which makes it all that much more wonderful. Nothing is better than creativity and accessibility when trying to firstly do the right thing but also try to inspire others to do the same.<br /><br />One key point I would like to focus on though is the reaching out to employees to take the photos and make the graphics. I know you mentioned this slightly as being fun - but in my opinion this is should be one of the most important processes at Virgin. I say this because it spreads understanding throughout the company, not just those working on CSR. Hopefully this will inspire people to make even more changes and help out from within.<br /><br />Thank you for sharing this unique report. I hope other companies can put their personal touch in their sustainability reports in the same clever way as Virgin.Anonymoushttps://www.blogger.com/profile/12443365159088908865noreply@blogger.comtag:blogger.com,1999:blog-8008724049496903547.post-83988409170545506892015-06-15T03:05:24.622+03:002015-06-15T03:05:24.622+03:00Hi Elaine,
As always a very good post. I´m just w...Hi Elaine,<br /><br />As always a very good post. I´m just want to say that if GRI deliver better tools to integrate sustainability into the way organizations make decisions...I certainly see a good future for GRI.<br /><br />Regards.eatehorthttps://www.blogger.com/profile/12548527360158758235noreply@blogger.com