ESG REPORTING FRAMEWORKS
OUR REPORTING FRAMEWORK METHODOLOGY
Materiality Assessment
Disclosure Analysis & Benchmarking
Performance Evaluation & Benchmarking
Implementation Considerations
Disclosure Considerations
ESG REPORTING FRAMEWORKS
1. Sustainable Accounting Standards Board (SASB)
2. GRESB
3. Global Reporting Initiative (GRI)
4. Carbon Disclosure Project (CDP)
5. B Corporation (BCorp)
CARBON DISCLOSURE PROJECT (CDP)
CDP is a not-for-profit charity that runs the global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts. Over the past 20 years we have created a system that has resulted in unparalleled engagement on environmental issues worldwide.
Founded in 2000, CDP was the first platform to link environmental integrity and fiduciary duty. Now with the world’s largest, most comprehensive dataset on environmental action, the insights that CDP holds empowers investors, companies, cities, and national and regional governments to make the right choices today to build a thriving economy that works for people and planet in the long term. CDP runs the global environmental disclosure system. Each year CDP supports thousands of companies, cities, states and regions to measure and manage their risks and opportunities on climate change, water security and deforestation. We do so at the request of their investors, purchasers and city stakeholders.
SUSTAINABLE ACCOUNTING STANDARDS BOARD (SASB)
SASB was founded as a nonprofit organization in 2011 to help businesses and investors develop a common language about the financial impacts of sustainability prospects. Over the years, the corporate sustainability disclosure landscape has become very complex. Many global businesses and investors have been calling for simplification and clarity in this landscape. In response, in November 2020 the International Integrated Reporting Council (IIRC) and the Sustainability Accounting Standards Board (SASB) announced their intention to merge into the Value Reporting Foundation, which was officially formed in June 2021. By integrating two entities that are focused on enterprise value creation, the merger signaled significant progress towards simplification.
The Value Reporting Foundation offers a comprehensive suite of resources—including Integrated Thinking Principles, the Integrated Reporting Framework, and SASB Standards— designed to help businesses and investors develop a shared understanding of enterprise value.
GRESB
Sustainable Real Assets – our vision is a real asset investment industry that plays a critical role in creating a sustainable world – one where society can meet the needs of the present without compromising the ability of future generations to meet theirs.
Our Mission
The transition to sustainable real assets is one of the most fundamental challenges we face. It can only be met with reliable ESG information, standardized global benchmarks and collective action from all our stakeholders as we work towards a more sustainable future.
Our mission is to assess and benchmark the Environmental, Social and Governance (ESG) and other related performance of real assets, providing standardised and validated data to the capital markets.
GRESB Assessments are guided by what investors and the industry consider to be material issues in the sustainability performance of real asset investments, and are aligned with international reporting frameworks, such as GRI, PRI, SASB, DJSI, TCFD recommendations, the Paris Climate Agreement, UN SDGs, region and country specific disclosure guidelines and regulations.
GLOBAL REPORTING INITIATIVE (GRI)
Global Reporting Initiative (GRI) is the independent, international organization that helps businesses and other organizations take responsibility for their impacts, by providing them with the global common language to communicate those impacts. We provide the world’s most widely used standards for sustainability reporting – the GRI Standards.
The GRI secretariat is headquartered in Amsterdam, the Netherlands, and we have a network of seven regional hubs ensuring we can support organizations and stakeholders worldwide. GRI works with businesses, investors, policymakers, civil society, labor organizations and other experts to develop the GRI Standards and promote their use by organizations around the world.With thousands of reporters in more than 100 countries, the Standards are advancing the practice of sustainability reporting, and enabling organizations and their stakeholders to take action and make better decisions that create economic, environmental and social benefits for everyone.
B CORPORATION (BCORP)
Certified B Corporations are businesses that meet the highest standards of verified social and environmental performance, public transparency, and legal accountability to balance profit and purpose. B Corps are accelerating a global culture shift to redefine success in business and build a more inclusive and sustainable economy.
Society’s most challenging problems cannot be solved by government and nonprofits alone. The B Corp community works toward reduced inequality, lower levels of poverty, a healthier environment, stronger communities, and the creation of more high quality jobs with dignity and purpose. By harnessing the power of business, B Corp use profits and growth as a means to a greater end: positive impact for their employees, communities, and the environment.
B Corps form a community of leaders and drive a global movement of people using business as a force for good. The values and aspirations of the B Corp community are embedded in the B Corp Declaration of Interdependence.
