Solutions to your Sustainability Reporting Requirements 12 - - PowerPoint PPT Presentation

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Jan 31, 2023 397 likes •529 views

Solutions to your Sustainability Reporting Requirements 12 September 2017 What is Sustainability Reporting? It is about economic, environmental and social impacts caused by everyday activities It presents the organisation's values and

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Solutions to your Sustainability Reporting Requirements

12 September 2017

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What is Sustainability Reporting?

It is about economic, environmental and social impacts caused by everyday activities It presents the organisation's values and governance model Presents the link between it’s business strategy and it’s commitment to a sustainable economy Key platform to understand, measure and manage changes in ESG factors within the organization Synonymous with Corporate Social Responsibility reporting, integrated reporting and analysis of non-financial performance

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Factory Supply Chain illustration

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Environmental Social Governance

Raw ¡Materials ¡ ¡ Final ¡Product ¡ ¡

Carbon ¡ Emissions ¡ Occupa9onal ¡ Health ¡and ¡Safety ¡ Labor/Management ¡ Rela9on ¡ ¡ Resource ¡deple9on ¡ ¡ Energy ¡usage ¡ ¡ Recyclable ¡ packaging ¡materials ¡ ¡ Water ¡usage ¡ ¡ Product ¡and ¡ Service ¡labelling ¡ Recycled ¡input ¡materials ¡ ¡ Accountability ¡to ¡stakeholders ¡

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SGX SR Five Primary Components

Targets

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Sustainability Reporting Issues to Consider

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Global Reporting Initiatives G4 Five Phase Reporting Cycle

Sustainability Reporting Cycle Prepare action plan Connect with stakeholders Define with management Monitor data Report and communicate

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Sustainability Reporting Plan

Development ¡ Phase ¡ Monitoring ¡ Phase ¡ Repor4ng ¡ Phase ¡

Connect ¡with ¡ Stakeholders ¡ Board ¡Approval ¡ Monitor ¡Data ¡by ¡ Management ¡ Report ¡and ¡ Communicate ¡ Prepare ¡Ac4on ¡Plan ¡

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Organising SR Committees Planning and development Engaging Stakeholders Defining Material ESG Factors Policies + SOP Board of Directors Approval Generating and Monitoring Data Drafting SR Reporting

Process Overview

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ESG Factors

Environmental

Carbon emissions,

disclosure/measurement and reporting

Hazardous waste

disposal/clean-up

Resource Depletion

Social

Labour/Management

Relation

Occupational Health and

Safety

Diversity and Equal

Opportunity

Governance

Executive compensation

(pay for performance, pay equity)

Separation of chairman/

CEO position

Shareholders rights

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Sustainability Reporting Workshop

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Virtus Assure Pte. Ltd. 1 North Bridge Road, #02-07 High Street Centre Singapore 179094 P: +65 6332 4649 F: +65 6265 6615 E: services@virtusassure.com www.virtusassure.com