Sustainability Reporting in the times of GRI G4 and Integrated Reporting
Wednesday, April 29, 2015, 17:30 bis 19:00 Uhr
Ort: Haus zum Rüden , Limmatquai 42 , 8001 Zürich, Constaffelsaal
5 Minuten zu Fuss von Zürich HB, Lageplan
There is movement in the Sustainability Reporting world. More and more practical experience with the G4 standard of the Global Reporting Initiative (GRI) is available. At the same time, the application of the framework of the IIRC on Integrated Reporting (IR) offers new perspectives.
The Öbu aperitif in cooperation with Sustainserv and BSD Consulting is a concrete overview of current challenges and solutions in the Swiss market. Stephan Lienin, Managing Partner of Sustainserv, will discuss the implementation of GRI G4 and Integrated Reporting in Switzerland. Irene Perrin BSD will show approaches to materiality and engagement of stakeholders. Geberit (see current news about cooperation with Sustainserv) and ewz present their practical experience with the implementation of the new GRI G4 Guidelines and report on key trends such as integrated reporting and materiality.
In the past, sustainability programs often focused on presenting corporations in a favorable, "charitable" light. Today, however, corporate sustainability initiatives are an integral, strategic element of value creation. As such, they need active top management leadership and governance-level control.
Values create value
Assuming that a business is managed sustainably because it is behaving as "green" and socially responsible as possible in every respect is usually misleading. Business strategy expert and Harvard Business School Professor Michael Porter has found that the secret of successful business strategy is focus. Trying to be the cheapest and highest quality provider for all client segments at the same time rarely leads to success in the marketplace. Instead, it is better to choose a clear strategic position by asking questions such as: What types of clients do I want to serve? What mix of quality and price advantage is most attractive for them? Can I make my products or services unique? Can I provide them in a manner different from my competition, so that a marketplace advantage is created?
Sustainserv recently completed a comparative environmental life cycle assessment (LCA) of reusable corrugated layer pads made from polypropylene and corrugated cardboard. The pads are used as divider sheets for container transport in the food and beverage, pharmaceutical, and cosmetic industries. The study was commissioned by a leading multinational supplier of reusable polypropylene layer pads in order to understand the environmental impacts of their product and compare its environmental profile to the one of a relevant cardboard alternative. It was carried out following the guidelines of the ISO 14040 series. The methodology and results of the LCA were certified by TÜV NORD CERT GmbH who conducted the critical review.