Recent posts on integrated reporting
In her latest report review, Kathee Rebernak notes that the AP Moller-Maersk 2012 sustainability report makes a good case for integrating environmental, social, and governance (ESG) factors into business strategy and operations. The report details the company’s business strategy, the ESG factors that impact its business, and the impacts of its heavily fossil-fuel reliant operations. The discussion of Maersk’s effort to combat corruption and workplace injuries are refreshingly honest and present a stark picture of the difficulties of operating in some developing countries. Such frankness does not, however, extend to the discussion of the impacts of Maersk’s oil and gas business.
Covanta Energy is proudly celebrating the fifth anniversary of the company’s Clean World Initiative (CWI). The initiative embeds sustainability practice into every aspect of the company’s operations, as demonstrated through disclosures in Covanta’s second sustainability report.
Covanta released its 2010/2011 Corporate Sustainability Report on January 2, 2013. The report identifies for the first time a set of goals related to CWI objectives and the opportunities around Covanta’s core competency of generating clean energy-from-waste (EfW). Covanta also begins to illustrate the explicit connection of performance against its goals to the financial success of the business.
“When we launched CWI, we set out to make Covanta-generated energy-from-waste the cleanest and most reliable source of energy available in the world, with the lowest overall impact on our environment,” said Dr. Paul Gilman, Covanta’s chief sustainability officer. “Thanks to the hard work of many, I’m proud to say that five years later we’ve made significant… More
Sustainability leaders discuss the function and future of materiality analysis
Part three of our materiality blog series
In the previous segment of our materiality blog series, we analyzed GRI reporting criteria to determine whether materiality analysis is truly an integral component of a report based on the GRI G3 Sustainability Reporting Guidelines. We found that while the language in the GRI Guidelines strongly encourages the use of materiality, there is no formal requirement for companies to follow any particular analysis process.
Extending our inquiry, we reached out to sustainability professionals at companies currently using the GRI Guidelines—hoping to better understand the perceived role of materiality analysis within corporations themselves.
A powerful tool
In speaking with best-practice leaders, including representatives from Timberland, EMC, and Intel, we posed the following questions:
Have you conducted a materiality analysis within your company? If so, how?
Do you believe that materiality analysis has… More