Asia is ready to take its sustainability reporting to the next level. Venues at the recent GRI Standards launch events in Taiwan, Indonesia and Vietnam were packed with participants, eager to support the move towards quality reporting.
Sustainability reporting by small and medium business enterprises (SMEs) can have a big economic impact. We talk to Katrin Ochsenbein, to understand the relevance of sustainability reporting in the Swiss approach to economic development cooperation and trade promotion in Asia. Katrin is Program Manager in the Trade Promotion Division at the Swiss State Secretariat for Economic Affairs (SECO). Here Katrin explains how improving reporting capacity of SMEs will promote sustainable value chains, and help emerging economies leapfrog in their development.
Written by: Gerald L. Hassell | Chairman and Chief Executive Officer, BNY Mellon
Organizations today face a stiff sustainability test. In virtually every industry, constituents’ attitudes and beliefs are changing rapidly, technology is redefining what is possible and companies are being forced to reimagine their business models for the future.
At HPE, we believe that sustainable innovation is a powerful catalyst for change. Reporting our efforts regularly and clearly to customers, investors, and key stakeholders amplifies our commitment to sustainability. In addition, to promote higher standards across the areas of human rights, labor, environment, and anticorruption, we endorse the United Nations Global Compact as a practical framework for the development, implementation, and disclosure of sustainability policies and practices.
Timothy J. Mohin is the Chief Executive of GRI, developer of the world’s most widely used sustainability reporting standards. A veteran in the field of corporate sustainability reporting, prior to his appointment as Chief Executive, Tim was Senior Director of Corporate Responsibility for Advanced Micro Devices (AMD). He is also a former Chairman of the Board for the Electronic Industry Citizenship Coalition (EICC) and former member of the Conflict Free Sourcing Initiative’s steering committee. Previously, Tim founded and led Apple’s Supplier Responsibility program.
Alliance Data’s 2016 Corporate Responsibility Highlights is an exhibition of the company’s strong commitment to operating responsibly. Our four pillars – data, people, community and environment – guide us in how we make ethical decisions in our business. Here are some of our notable accolades:
GRI strongly supports the work of the Financial Stability Board’s Task Force on Climate-related Financial Disclosures (TCFD). The TCFD recommendations take an important step towards integrating sustainability information into financial disclosures. Investors and other stakeholders will be better informed by the TCFD disclosures on climate-related financial risks and opportunities.
As with other organizations that have chosen to make sustainability part of their strategic imperative, sustainability at NRG means driving business results, reducing risk and enhancing the company’s brand value. Sustainable Business lies at the core of our five-pillar strategy because it encompasses initiatives that embed sustainability throughout the organization. This includes our objectives to be recognized as a thought leader on transparency and other key issues, to measure key sustainable business goals and to manage stakeholder engagement.