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GRI G4 Update at a Glance….

The updated G4 GRI sustainability reporting format guidelines were released to the public yesterday at the Global Conference on Sustainability and Reporting in Amsterdam, Holland.

There are a number of substantive changes from the GRI 3.1 GRI reporting organizations or those considering reporting in this format should take note of.

Materiality takes a front seat in G4. Like the concept of accounting materiality, sustainability materiality refers to an organization’s specific significant social, environmental and economic impacts. Read more

Dull? Maybe. But Building a Better GRI is Vital to More & Better Corporate Sustainability

Blogging from GRI Global Conference on Sustainability and Reporting in Amsterdam

The word ‘audit’ is derived from the Latin word “audire” which means “to hear” — an apt etymology in the movement for more and better corporate sustainability, where stakeholder interests are so closely and vitally linked to good sustainability reporting.

We, the stakeholders, increasingly want to hear what companies are doing, or not doing, on sustainability issues and, of course, we want to understand, not only what companies are reporting on but critically how they report.

Just as the audited financial statement rose Read more

PRIORITIES, PRIORITIES , PRIORITIES – Does your Sustainability Strategy Do More Than Just Include the Words Social and Economic

Pushed by horrific tragedies such as the deaths of over 1,100 people in a Bangladeshi textile industry, the personal values market, or the marketplace of consumer ideas and concerns, is constantly expressing greater demand for companies to address social and economic – and not just environmental — sustainability issues.

This is good news for sustainability but challenging for sustainability managers many of whom already feel they are fighting too many fires on the sustainability front as it is.

It’s about Priorities
On the wall by my desk I have a set of themes printed on big bits of paper, Read more

The Price of a Life in Bangladesh: Future Markets, Hedging and other Market-Based Mechanisms to Profit from Sustainability

I have a new idea to finance sustainability: a futures market trading the value of the life of Bangladeshi textile workers.

 ”Nothing is so hard for those who abound in riches as
to conceive how others can be in want.”
Jonathan Swift

A Bangladeshi Low-Income Workers Exchange (BLIWEx) makes a whole lot of sense. The idea is to Read more

Consumers as Stakeholders in the Sustainable Century

A central and defining question in the Sustainable Century is how consumers as “stakeholders” can be engaged in a way that delivers the richness of our sustainability desires while shutting out blackguard marketers whose disinterest in the human condition threatens the hopes and dreams of a sustainable world.

Internet stakeholder consumer sustainability engagement is by and large a misnomer, rendered daily more meaningless, Read more

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