GRI News update May 2004
May 2004 news update of the Global Reporting Initiative (GRI).
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News
ISO launches Web site to support international conference on social responsibility
ISO (International Organization for Standardization) has launched a Web site – www.iso.org/sr – to support the International Conference on Social Responsibility that it is holding on 21-22 June 2004 in Stockholm, Sweden
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Dutch Companies In India Found Wanting In CSR
(Published in The Financial Times of 24 May 2004).
A report on the practice of corporate social responsibility (CSR) by Dutch companies in India has come down heavily on these companies for not living up to their responsibility.
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WBCSD welcomes new member: TPG N.V.
TPG N.V., headquartered in Amsterdam, is the holding company for Royal TPG Post and TNT. It is a global provider of mail, express and logistics services employing 163,000 people in 64 countries and serving over 200 countries.
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GRI welcomes ISO’s first steps in SR field
The Global Reporting Initiative (GRI) today welcomed the release by the International Organisation for Standardisation (ISO) of the report on social responsibility prepared by its multi-stakeholder Advisory Group on Social Responsibility (SR) . The report responds to a mandate from ISO to make recommendations to the international standards body about what role there might be for ISO to play in the development of SR related standards.
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WBCSD, WRI launch new edition of Corporate GHG Reporting Standard
The World Business Council for Sustainable Development (WBCSD) and World Resources Institute (WRI) today released a new edition of the international standard used worldwide by businesses to report and set targets for their greenhouse gas emissions (GHGs).
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WBCSD sponsors international sustainability award
The World Business Council for Sustainable Development (WBCSD) is a new sponsor to the Sustainability Leadership Award. The award, launched in 2001 by Sustainability Asset Management (SAM) and the Sustainable Performance Group (SPG), honors extraordinary leadership by individuals working within or in cooperation with the private sector to make sustainability happen.
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People do read CSR reports!
A recent international survey by GlobeScan Inc. (formerly Environics International) reveals that consumers in North America, Europe, and Australia are consulting corporate social and environmental reports more commonly than originally thought. Knowledge of a company’s social report also appears to improve consumer impressions of the company and positively affects their purchasing behavior. All told, these findings present a strong business case for the general public being a potential target audience for corporate social and environmental reporting.
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Public Debate on: The UN Norms for Business – Process, Content and The Real Value
The UN Subcommission for the Promotion and Protection of Human Rights has approved last year the UN Norms on the
responsibilities of transnational corporations and other business
enterprises with regard to human rights.
Governments, business, Trade Unions and NGOs have expressed their views on these UN Norms for business. At the moment the Norms are on the agenda of the 2004 meeting of the Human Rights’
Commission from 15 March till 23 April.
With this Public Debate on May 12th we want to raise awareness
about the UN Norms, highlight the outcomes of the Human Rights’
Commission meeting and discuss the arguments of governments,
NGOs, business, political parties and Trade Unions concerning this first set of international human rights norms that specifically address the responsibilities of business.
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Thirteen Pension Leaders Call on SEC Chairman to Require Global Warming Risks in Corporate Disclosure
Thirteen major public pension fund leaders – including eight state treasurers and comptrollers, four labor pension fund leaders, and the New York City Comptroller, collectively managing assets of nearly $800 billion- today called on the U.S. Securities & Exchange Commission (SEC) to eliminate any doubt that publicly traded companies should be disclosing the financial risks of global warming in their securities filings.
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SRI World Group Unveils OneReport , Revolutionizing the Corporate Sustainability Reporting Process
SRI World Group, Inc., a leading provider of social investment and corporate responsibility information services, today announced the launch of OneReport (www.one-report.com). This new global electronic reporting network enables companies to more efficiently report their social, environmental, economic and corporate governance information to investors, the financial community and other stakeholders. Over 50 multi-national companies from around the world, including 22 Fortune 100 companies, participated in the development of OneReport.
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Oekom Rates Food and Beverages Industry Average in Sustainability Performance
The global food and beverages industry has merely average performance on social and environmental sustainability, according to the latest corporate responsibility industry report released by Oekom Research, a Munich-based sustainability rating firm. The 16 companies that qualified for comprehensive “Inside” Ratings (16 other companies with inadequate transparency or sustainability performance received more cursory “Outside” Ratings) earned an average grade of C, on a scale from A+ to D-.
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