The importance of Sustainability Reporting and Carbon Footprint Nikos Avlonas President & Founder of CSE CSE Worldwide Activities* Canada Germany CSE Belgium Baltic Countries (Latvia) Romania Great Britain Bulgaria Turkey CSE N. America Spain Luxembourg Italy Austria India Croatia Singapore CSE Greece Egypt CSE Cyprus Saudi Arabia Qatar UAE (Dubai, Abu Dhabi) Worldwide Activities Include: Projects, Conferences, Workshops and various other activities Cities marked in red represent CSE Offices Solutions for Sustainability CSE provides comprehensive sustainability solutions to corporations, governments and organizations through the use of practical tools and methods to drive business growth while increasing stakeholder brand value/reputation. Sustainability (CSR) Reporting Life Cycle based on Assessment (LCA) Green & Social GRI Guidelines & Cause Marketing Carbon Footprint Certified Training Workshops & Webinars Sustainability Verification & Assurance Supply Chain Management Indicative List of North American Customers Training and Consultancy AARP Architect of the Capitol Baker Hughes Baxter Caldwell College CertainTeed Corporation Commscope D&A Development Solutions Gennomalab Graylyn Associates, Inc. Green Commission Hess Corp Huntsman Corporation ICF International IOPP Illinois treasury office KEMA Registered Quality, Inc Lockheed Martin Medline NAR Green Designation Program Noble Energy Inc NovaGold Resources Inc. Oxford Communications Parsons Promega Biosciences SB NOW Staatsolie Co Supervalu Wisconsin Energy Sustainability in CSE Walking ……the Talk Sustainability Reporting since 2008 Member of UN Global Compact Measuring and reducing Carbon footprint Our key events are carbon neutral Recycling and Composting in our offices Reducing annually paper use and ink through special software Green Academy initiative Roundtables for awareness Confusion about Sustainability and what it Really means. How to avoid Green washing What Exactly is Sustainability ? Sustainability means aligning business strategy and operations with universal values Sustainability can lead to a fundamental transformation of strategies, operations, relationships, corporate culture and identity Sustainability is proactive strategic planning, not defensive communication Source UN Global Compact WHAT IS NOT SUSTAINABILITY GREEN WASHING 1. Fluffy Language: words or terms with no clear meaning e.g. eco- friendly 2. Green products v dirty company: such as efficient light bulbs made in factory which pollutes rivers 4. Irrelevant claims: Emphasizing one tiny green attribute when everything else ungreen 3. Suggestive pictures: Green images that indicate a (unjustified) green impact e.g. flowers blooming from exhaust pipes 5. Best in class? Declaring you are slightly greener than the rest, even if the rest are pretty terrible Major Argument for Sustainability and Corporate Responsibility The Return on Investment (Business Case) for Sustainability cannot be clearly specified ! Slide 9 Sustainability Performance Source: Bloomberg Slide 10 Sustainability Reporting Reports can be used for: Benchmarking and assessing sustainability performance with respect to laws, norms, codes, performance standards, and voluntary initiatives Demonstrating how the organization influences and is influenced by sustainable development expectations Comparing performance within organizations & between different organizations over time Slide 11 CSR Sustainability reporting and facts 2015 Goals: Increase facility energy usage of renewable power to 20% (of total) Reduce greenhouse gas emissions 45% indexed to revenue from 2005 baseline Slide 12 Sustainability reporting is required to do business ! Ripple October 13, 2011 “. . . Microsoft will also encourage all its suppliers to consider use of the reporting guidelines provided by the Global Reporting Initiative. . . .” Slide 13 Sustainability Reporting and Transparent communication Significant increase in the publication of Sustainability Reports in the US The US is ranked 3rd in Sustainability Global Fortune 250 ) Reporting (approx. 74% of Growing sense of Sustainability to improve transparency and accountability to the wider community- not just to shareholders Top 3 drivers for Sustainability Reporting in 2011: Reputational considerations, ethical considerations, employee motivation, avoiding green washing KPMG International Survey of Corporate Responsibility Reporting 2011 Slide 14 Sustainability Reporting (North American Sample) Slide 15 Greenhouse Gas Protocol Operational Boundaries CO2 SF6 Scope 2 Indirect CH4 N2O HFCs PFCs Scope 1 Direct Scope 3 Indirect * Source: WBCSD & WRI GHG Protocol Slide 16 Carbon Disclosure Project (CDP) Thousands of organizations from across the world’s major economies measure and disclose their greenhouse gas emissions, water use and climate change strategies through CDP. We put this Information at the heart of financial and policy decision-making. Number of reporting companies – Accelerate solutions to climate change by putting relevant information at the heart of business, policy and investment decisions – Over 3, 000 organizations in 60 countries now measure and disclose their greenhouse gas emissions and climate change strategies through CDP Slide 17 Carbon Disclosure Project The Carbon Disclosure project requires companies to measure and report 1. Carbon emissions 2. Integration of climate change into their business strategy 3. Perception of climate change risks and opportunities Slide 18 Sustainability Reporting and Investor decisions n GRI Slide 19 Investors analysts are require Sustainability Reporting 300,000+ data terminals globally 5,000+ companies and climbing Sustainability Aspects • Emissions • Energy Consumption • Human Rights • Policies • Board Make-Up Slide 20 CSR Benefits Sustainability Reporting Benefits Enhanced Brand Value and Reputation “Positive Image ” to Investors and better ranking Cost Reduction from Eco-Solutions and Carbon Footprint Strategy Improved Risk and Crisis Management Workforce Motivation Successful Integration of Sustainability within operations Good relations with local communities Comply with Supply Chain’s Sustainability Criteria Market opportunities with Green Consumers (LOHAS) -209 Billion Market in US Upcoming Trainings Certified Sustainability (CSR) Practitioner • Chicago, April 26-27, 2012 To register please visit www.cse-net.org & obtain a 10% discount! Slide 22 Let’s Globalize … Sustainability Reconsidering … existing business models Zero… Emissions CSE Athens Office Headquarters 23 Zirini Str., Kifisia 14562 Athens - GR CSE North America 70 West Madison Suite 1400 Chicago, IL 60602 + 1 312-214-6464 CSE Brussels Office Stephanie Square Avenue Louise 65 Box 11, 4th floor 1050 Brussels -Belgium T +30-210 80 85 565 T F +30-210-80 85 556 sustainability@cse-net.org info@cse-net.org info@cse-net.org info@cse-net.org www.cse-net.org www.cse-northamerica.org www.cse-net.org T +32 (0) 2 53 57 817 F +32 (0) 2 53 57 700 Slide 23 Comments ? Questions ? Issues for discussion ? avlonas@cse-net.org