cii sustainability reporting

8/13/2019 CII Sustainability Reporting

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Confederation of Indian Industry1

Overview

Sustainabi l i ty Reporting

National Thermal Power Corporation

2 July 2008


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Sustainability

Continuance in the long term

Synonymous with triple bottom line

Triple bottom line with process elements of

accountability and stakeholder engagements


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Sustainabil i ty: American Electr ic Power

Sustainabil i ty requires commitment, collaboration,

action and results. I t also involves a wil l ingness to lead

and to take prudent r isks on behalf of shareholders and

society.

To be a good corporate citizen requires us to be

transparent, wil l ing to l isten to all points of view and to

hold ourselves accountable for our impacts on society.


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Sustainabil i ty: KEPCO

Contr ibuting to the national economy with stable supply ofquali ty electr icity and enhanced global competi tiveness

Contr ibuting to environment protection and creatingenvironmental values for future generations through

environment-or iented management

Seeking mutual prosperity with stakeholders and contr ibutingto social development through ful f i l lment of socialresponsibilities

We will leap forward as the World-renowned ComprehensiveEnergy Provider through management where economy,environment, society and human beings are balanced.


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Sustainabil i ty Report: Duke Energy

Duke Energy

2006-2007 Sustainability Report

Sustainabil i ty is shorthand for our business phi losophy;

simply put, we believe that responsible actions lead to

long-term success. Sustainability is more than good

corporate citizenship. Its about pursuing our vision of

tomorrow whi le serving our stakeholders well today. Itsalso about facing challenges honestly and head-on, without

sacrificing profitability.


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Sustainabil i ty: Green Mountain Power

Green Mountain Power is committed to sustainabil i tyin

a variety of ways. Recently, we announced that we have

become carbon neutral in our operations.We have a

reputation of being a premier employer and providing

our employees a great place to work. We believe that our

financial position continues to be strong, particularly inlight of the recent merger with Gaz Mtro. Perhaps our

largest sustainability challenge, however, relates to the

power that we generate, purchase, transmit, and

distribute to our customers.

Green Mountain Power

Sustainability Report 2006


7/21 Confederation of Indian Industry7

Sustainabil i ty Report

Information Disclosure on:

Triple bottom line

Process elements of

Accountability

Stakeholder Engagements



Overview: Changing demands related to information

disclosure

High trust

Low trust

The emerging show me world

Low transparency High transparency

Trust me

Tell me

Show me

Involve me

As trust diminishes, the demand for

transparency in the form of assurance

mechanisms increases



TradeAssociations

Sustainabil i ty Report - Stakeholder Value

Public Impact

Managing TodaysBusiness &

showing Results

Building InternalCapabilities & Readers

Engaging ExternalConstituencies

Investors

Board

Government

Media

Employees

Insurers

Suppliers

NGOs

Consumers

Quality & Production

Management

EHS

Management Human

Resources

Brand

Management

Local

Communities


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Stakeholders & I nformation

Company

Employees

security of employment, inclome

opportunities, working conditions,career options, image

Shareholders, Creditors,

Banks, Insurances

assets, returns on capital,

investment risks,

liquidation value

Competition

strategic plans, competitive

strategies, benchmarking

Authorities

abidance of laws and

regulations, quality

of management,

tax hierarchy

Customers

range of services / products,

environmental impact / friendliness,

social conditions of production,

general conditions, quality

Suppliers

possibilities of supply and

delivery, conditions of

supply, delivery and

payment, solvency

Neighbouring

Community at Locationnoise pollution, emissions,

volume of traffic,

environmental impact,

environmental

hazards, jobs


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Global Reporting I ni tiative (GRI ) Guidel ines

Incorporates the active participation of representativesfrom a variety of disciplines from the world over.

Multi-stakeholder in nature

Most popular worldwide

Most credible, internationally legitimate and acceptable

reporting format

www.globalreporting.org


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Sustainabil i ty Report Content

Framework assists organizations to disclose

information on:

Strategy & Analysis:including statement from the CEO

Organizational Prof i le

Report Parameters

Governance, Commitments & Engagements

Management Approach

Performance I ndicators:Environmental, Social and

economic indicators


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Economic: Economic performance (value generated

and distributed)

Market presence (e.g. local hiring,

local suppliers)

Indirect Economic Impacts

Environmental: Materials

Energy

Water

Biodiversity

Emissions, effluents, and waste Products and services (e.g. their impact,

product reclamation)

Compliance

Transport

Social:(Labor practices) Employment Labour management relations

Occupational health and safety

Training and education

Diversity and equal opportunity

(Human Rights): Investment and procurement practices

Non-discrimination

Freedom of association and collective

bargaining Child labor

Forced and compulsory labor

Security practices

Indigenous rights

(Society): Community

Corruption

Public Policy

Anti-competitive behavior

Compliance

(Product responsibility): Customer health and safety

Product and service labeling

Marketing communications

Customer privacy

Compliance


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Why Report on Economic Issues

Strategy &

Analysis

Management

approach

Relevance:

Impact on the economic conditions of its stakeholders

Impact on economic systems at local, national and global

levels

Flow of capital among different stakeholders

Main economic impacts of the organization throughout

society.Results


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Why Report on Environment I ssues

Strategy &

Analysis

Management

approach

Relevance:

Impacts on living and non-living natural systems

Performance related to inputs

Related to biodiversity, environmental compliance,

environmental expenditure

Impact of products and services.Results


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Why Report on Social I ssues

Strategy &

Analysis

Management

approach

Relevance:

Impact an organization has on the social system within which it

operates.

Performance regarding labour practices, human rights, society

and product responsibility.

Results


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G3 Guidelines: Standard Disclosures

The Context

Strategy, Profile, Governance

Management

Approach

Results -

Performance


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Sustainabil i ty Reporting - Benefits

Identified by the top management of Indian companies

Focussed attention - structured approach

Motivating continual improvement & better data management

Helps in becoming market leader

Influencing policy makers Improves trust & enhances imageInvestor confidence

Marketing tool - demonstration effect

Will assist in stakeholder dialogue

Builds ownership and commitment

Helps in thinking aheadvision


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Sustainabil i ty Reporting - Benefits

Identified by the core team of report preparingcompanies of India

To operationalise the Vision statement.

To improve the existing system of Stakeholder dialogue with

Employees, government, civil society (includes NGOs),

industry associations, shareholders, financial institutions

To enhance data management


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Sustainabil i ty Reporting is a Process

Reporting is : Broader process of defining organisational

strategy, implementing action plans, assessing

outcomes.

Continuous improvement tool for efficiency, beingfocussed and sustainable.

Integral part to implement companys

sustainability visionserves as a marker andbegins the process of improvement


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Sustainabi l i ty Reporting Process

Top management commitment and leadership

Allocation of resourcesTIME, PEOPLE

Multidisciplinary team

Consultative approach

cii sustainability reporting

Documents