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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.

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The Evolution of Corporate Reporting for Integrated Performance

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  1. The Evolution of Corporate Reporting for Integrated Performance

  2. 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 • 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. Situation • 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. Complication

  3. 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

  4. The evolution (a short history) • Launch of Dow Jones Sustainability Index (DJSI) • Formation of oekom research AG through spun- off from ökom GmbH • Launch of the Dow Jones STOXX Sustainability Index • Launch of FTSE4 Good Index Series • Innovest Strategic Value Advisors • Sustainable Asset Management (SAM) • Formation of Global Reporting Initiative (GRI) • KLD Research 83 88 90 92 95 96 97 98 99 00 01 • Formation of Risk Metrics Group through spun off from J.P. Morgan • Domini Social Index • Launch of Carbon Disclosure Project (CDP) • Calvert Social Index • EIRIS Research • United Nations Environnent Programme Finance Initiative (UNEP FI) Source: RobecoSAM

  5. The evolution (a short history) • 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 • Launch of S&P/Hawkamah ESG Pan Arab Index • Mexican Stock Exchange Sustainability Index • Launch of the Dow Jones Sustainability Index North America • Launch of UNPRI • Foundation of Glass, Lewis & Co. 02 03 04 05 06 07 08 09 10 11 12 • 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 • S&P ESG India • NASDAQ OMX - GES Sustainability Index JSESRIIndex • Launch of the Ethibel Sustainability Index • Launch ASPI • Goldman Sachs Sustain Focus List • First Chinese Sustainability Index • S&P EGX ESG Index (Egypt) • MSCI acquired RiskMetrics Group, Inc. • VigeoResearch • Bovespa Corporate Sustainability Index Source: RobecoSAM

  6. And the story continued in 2013 …… • SASB issues first set of standards for healthcare sector issued • GRI issues G4 Guidelines • IIRC issues first <IR> Framework

  7. Complex landscape Disclosure Measurement Rating & Investment Valuation

  8. Future evolution – Convergence, alignment …..

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