The Evolution of Corporate Reporting for Integrated Performance.
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Transcript of The Evolution of Corporate Reporting for Integrated Performance.
The Evolution of Corporate Reporting
for Integrated Performance
The UN Global Compact-Accenture CEO study on Sustainability 2013 shows that CEO’s recognize the sustainability challenge, but grapple with measuring and valuing their activities
Com
plic
ation
However CEO´s find sustainability difficult to implement and quantify:•38% believe they can accurately quantify the value of their sustainability efforts.•37% see the lack of a link to business value as a barrier to accelerating progress.
Situ
ation
Sustainability is perceived to be very important by CEO´s: •93% believe that sustainability will be important to the future success of their business.•80% view sustainability as a route to competitive advantage in their industry.
• The KPMG study reviewed corporate reports issued between 2012 and 2013 by the 10 largest global companies in each of 10 industry sectors.
• 100 companies (and their associated corporate foundations) invested approximately, 2.5 percent of their pre-tax profits in programs to tackle social and environmental challenges.
• 80% reported none or limited quantified metrics for the impact of the programs they fund.
• 68% reported no detailed investment strategy.
Source : http://www.kpmg.com/Global/en/IssuesAndInsights/ArticlesPublications/sustainable-insight/Pages/unlocking-value-social-investment.aspx
83 88 92 999890 0095 96 97 01
• Formation of Risk Metrics Group through spun off from J.P. Morgan• EIRIS
Research
• Domini Social Index
• Launch of Carbon Disclosure Project (CDP)
• Calvert Social Index
• United Nations Environnent Programme Finance Initiative (UNEP FI)
• KLD Research
• Innovest Strategic Value Advisors
• Sustainable Asset Management (SAM)
• Launch of Dow Jones Sustainability Index (DJSI)
• Formation of oekom research AG through spun- off from ökom GmbH
• Formation of Global Reporting Initiative (GRI)
• Launch of the Dow Jones STOXX Sustainability Index
• Launch of FTSE4 Good Index Series
Source: RobecoSAM
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The evolution (a short history)
The evolution (a short history)
• Vigeo Research • First Chinese Sustainability Index
• S&P EGX ESG Index (Egypt)
• MSCI acquired RiskMetrics Group, Inc.
JSE SRI Index
02 03 05 100904 1106 07 08 12
• Bovespa Corporate Sustainability Index
• S&P ESG India
• NASDAQ OMX - GES Sustainability Index
• Launch of the Dow Jones Sustainability Index North America
• Launch of UNPRI
• Launch of the Ethibel Sustainability Index
• Launch ASPI
• Goldman Sachs Sustain Focus List
• Launch of Dow Jones Sustainability Index Asia Pacific, and Korea
• Thomson Reuters acquired ASSET4
• Bloomberg launched ESG Data Service
• RiskMetrics acquired KLD Research and Innovest
• Merger of Jantzi Research with Sustainalytics
• Foundation of Glass, Lewis & Co.
• Launch of S&P/Hawkamah ESG Pan Arab Index
• Mexican Stock Exchange Sustainability Index
• Acquisition of Responsible Research by Sustainalytics
• Inclusion of ESG ratings in asset manager search process by Mercer
• Launch of BSE- Greenex, India's first green index
Source: RobecoSAM
5
• SASB issues first set of standards for healthcare sector issued
• GRI issues G4 Guidelines
• IIRC issues first <IR> Framework
And the story continued in 2013 ……
Complex landscape
7
MVR Disclosure
MVRMeasurement
ValuationTechniques
Ratings & Investment
LowImpact
Lower Impact
Low Impact
Changing the Rules of the
Game
LowerImpact
Disclosure Measurement
ValuationRating & Investment
Future evolution – Convergence, alignment …..
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