1 / 9

Sustainability, integrated and impact reporting: Current approaches and new directions

Sustainability, integrated and impact reporting: Current approaches and new directions. John Maddocks - CIPFA. Influences on reporting approach?. Impact reporting. GRI. A4S. Payment by results Outcomes. Mandatory public sector sustainability reporting. IIRC.

hedva
Download Presentation

Sustainability, integrated and impact reporting: Current approaches and new directions

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Sustainability, integrated and impact reporting: Current approaches and new directions John Maddocks - CIPFA

  2. Influences on reporting approach? Impact reporting GRI A4S Payment by results Outcomes Mandatory public sector sustainability reporting IIRC

  3. Voluntary reporting frameworks • Global Reporting Initiative (GRI) • G3 reporting framework launched 2006 • Prince’s ‘Accounting for sustainability project (A4S) • ‘Connected Reporting Framework’ (CRF) • Embed sustainability into decision making • International Integrated Reporting • launched in 2010, includes A4S and GRI • Aim - a globally accepted framework for integrated reporting (due out Dec 2013)

  4. GRI – Sustainability reporting guidance Performance Indicators for: • Economic • Environmental • Social: Labour practices & decent work; Human rights; Society; Product responsibility Sector Supplements Protocols: • Technical Protocol: Applying the Report Content Principles • Boundary Protocol

  5. A4S Connected reporting framework • A method for making the connection between strategic direction, financial performance and environmental and social considerations. • Broken down into three key steps: • Connecting organisation’s strategy and sustainability: The identification of material sustainability issues and how they impact on the organisation’s strategic objectives. • Key Performance Indicators (KPIs) and actions taken • The Connected Performance Report: A balanced assessment of progress against targets and outcomes

  6. HM Treasury sustainability reporting guidance • Report format is not prescribed: ‘… develop format to fit their business …’ • Minimum should include: • Overall strategy • Three indicators – GHG, waste, water • Linked to financial information • Two overviews – biodiversity, procurement • Brief commentaries on reported performance and future plans • supported by notes

  7. Impact reportingAction on Hearing Loss (RNID) example Input £0.4m spent on employment training advisers Output Delivered advice and guidance to 857 new jobseekers who are deaf 42% of whom also had additional needs. Outcome 95 jobseekers secured employment. Nearly 70 still in work after 3 months. Impact The personal stories of 70 people The social return on investment The positive impact on the economy

  8. Integrated reporting

  9. A new corporate reporting approach? Integrated reporting Social impact reporting Sustainability reporting Financial reporting

More Related