AHLA Energy and Environment

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Transcript AHLA Energy and Environment

AHLA Energy and Environment
Committee Meeting
April 14, 2010
Topics
Background and Overview
GRI Organization
Sector Supplement
SEC Ruling
ESG and SRI
 Developed
in the late 90’s
 CERES with help of UNEP
 Separate entity as of 2001
 Based in Amsterdam
 First Guidelines issued in 2000
 3rd Generation (G3) Guidelines in 2006
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1,100 organizations registered GRI Reports (GRI)
 80% of Global Fortune 250 reports issued some
form of Sustainability Report in 2008 (KPMG)
 Of these 80%, 77% used the GRI framework

(KPMG)
US: 73% of the top 100 companies (by revenue)
had produced stand-alone reports (KPMG)
 Over 500 Organizational Stakeholders in 55
countries (GRI)

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 Profile
Disclosures
 Management Disclosures
 Performance Indicators
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Source: GRI Website, http://www.globalreporting.org/GRIReports/ApplicationLevels/FAQs/FAQsALs.htm
GRI Updates
2010 Conference: May 26-28 Amsterdam
 Interactions and Linkages
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CERES Roadmap
Global Compact
BRT
Wal-Mart
CDP
ISO 26000
ITP
SEC
UN Principles for Responsible Investment
Sector Supplement
 Reasons
 Requirements
 Current
Status
 Next Steps
GRI Mentioned in SEC Ruling
.

Commission Guidance Regarding
Disclosure Related to Climate Change;
Final Rule

(Background) I.B.3. Current Sources of
Climate Change Related Disclosures
Regarding Public Companies
GRI Mentioned in SEC Ruling
These and other reporting mechanisms can
provide important information to investors outside
of disclosure documents filed with the
Commission.
Although much of this reporting is provided
voluntarily, registrants should be aware that some
of the information they may be reporting pursuant
to these mechanisms also may be required to be
disclosed in filings made with the Commission
pursuant to existing disclosure requirements.
GRI Relevance
Management Disclosure on
Environment
 EC2 – Financial implications and other
risks and opportunities for the
organization’s activities due to climate
change
 EN16, EN 17, EN18, EN26

ESG Trends
•http://www.slideshare.net/MAWallace/esg-reporting-trends-us-jan-2010
Source: 2009 UN PRI Progress Report, p.16
Source: 2009 UN PRI Progress Report, p.16
Eric Ricaurte
[email protected]
202 470 1094
202 280 0203