Climate Change Data

Environmental Metrics

ESG Focus Areas

• Sustainability Reporting
• Corporate Social Responsibility (CSR)
• Environmental, Social, and Governance (ESG) factors
• Climate Change
• Corporate Governance
• Human Rights

Environmental Achievements

• Increased number of companies disclosing ESG data (79% of Global 250 in 2008)
• Increased use of GRI guidelines for ESG disclosure (77% of Global 250 in 2008)
• Ten governments formally referencing GRI in corporate responsibility guidance

Social Achievements

• Increased focus on integration of CSR information into annual financial reports
• Increased sustainability reporting in non-OECD countries
• Growing interest in ‘new regulation’ and ‘smart regulation’

Governance Achievements

• More governments making sustainability reporting mandatory (approx. 65% of 142 country standards)
• Increased emphasis on complementary voluntary and mandatory approaches
• Emerging trend of integrating corporate governance, financial, and sustainability reporting

Climate Goals & Targets

Environmental Challenges

• Overlapping, conflicting, and competing standards
• Need to promote synergies and coherence among initiatives
• Comparability of reports across countries
• Quality and reliability of sustainability disclosures
• Integration of environmental and social issues with strategy and financial performance
• Measurement of ecological and biodiversity impacts
• Lack of a generally accepted standard for assurance on sustainability reports
• Limited reporting from SMEs
• Insufficient stakeholder engagement

Mitigation Strategies

• Government initiatives to raise the bar on minimum reporting requirements
• Incentives for voluntary disclosure and innovation
• Simplification of mandatory standards
• Alignment with global standards
• Convergence of stock exchanges, rating agencies, and NGOs
• Development of integrated reporting frameworks
• Increased use of external assurance for sustainability reports
• Government initiatives to improve skills and literacy in sustainability
• Development of improved techniques for measuring ecological and biodiversity impacts

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI G3 Guidelines, UN Global Compact, UN Principles for Responsible Investment, OECD Guidelines for Multinational Enterprises, ISO 26000, CERES Principles, SA 8000, AA1000APS, GHG Protocol, CDP

Certifications: ISO 14001, EMAS, SA8000, AA1000AS

Third-party Assurance: ISAE 3000, AA1000AS