500 likes | 687 Views
Reporting on Social, Economic, and Environmental Impacts. Lisa Abel YSI Inc. June 22, 2006. About YSI. About Reporting. Identify, quantify and communicate economic, environmental and social performance in industries where many peer companies are opaque and silent.
E N D
Reporting on Social, Economic, and Environmental Impacts Lisa Abel YSI Inc. June 22, 2006
About Reporting Identify, quantify and communicate economic, environmental and social performance in industries where many peer companies are opaque and silent
GRI Reporting Guidelines • Global Reporting Initiative • Standardized • www.globalreporting.org • Additional help from Ceres: www.ceres.org
Why Report All organizations of all sizes and from all sectors should be accountable to their stakeholders – as all organizations have an impact on the environment and society
Why Report • Tell your story • Take credit • Show improvements & commitments • Awareness of liabilities • Transparent information to employees, community, shareholders
Stakeholders • Who are your stakeholders? • What’s their level of engagement? • How do you involve them in reporting? • What are their concerns with your organization? • How do you respond?
Stakeholder Feedback “Explain what YSI’s biggest impacts are and how they are addressed with your sustainability projects.”
Stakeholder Feedback “Say more about the difficulty in identifying stakeholders at smaller and/or remote locations.”
Relevance to Your Organization • Look at indicators • Which are relevant to your organization? • Why?
How Transparent Can You Be? • How transparent is the organization now? • What is disclosed to employees? • What is disclosed to community? • How is level of transparency determined?
Getting Started • Management support • Determine scope • Select most relevant indicators • Find the data • Start reporting!