Sustainability Reporting Today: The Readers’ Verdictchange (due to the loss of the carb<strong>on</strong> storagefuncti<strong>on</strong> and the release of stored carb<strong>on</strong> intothe atmosphere) and its implicati<strong>on</strong>s;• effect of specific waste <strong>on</strong> the pH value ofnatural water bodies and resulting impacts <strong>on</strong>water quality and biodiversity;• extent to which an organizati<strong>on</strong>’s operati<strong>on</strong>alpractices or products influence the spread ofinvasive species;• c<strong>on</strong>tributi<strong>on</strong> of NO xemissi<strong>on</strong>s to acid rain anda descripti<strong>on</strong> of impacts <strong>on</strong> the state of specific<strong>ecosystem</strong>s affected;• volume of SO xdiscussed in the c<strong>on</strong>text of localambient air quality and the effects of emitting acertain quantity using available data <strong>on</strong> regi<strong>on</strong>alpollutant levels and dose-resp<strong>on</strong>se functi<strong>on</strong>s;and• potential beneficial outcomes of a <str<strong>on</strong>g>for</str<strong>on</strong>g>estrestorati<strong>on</strong> project <str<strong>on</strong>g>for</str<strong>on</strong>g> local communities (e.g.,flood regulati<strong>on</strong>, water regulati<strong>on</strong>, access t<strong>on</strong><strong>on</strong>-timber <str<strong>on</strong>g>for</str<strong>on</strong>g>est products).To support <str<strong>on</strong>g>reporting</str<strong>on</strong>g>, in<str<strong>on</strong>g>for</str<strong>on</strong>g>mati<strong>on</strong> <strong>on</strong> thec<strong>on</strong>diti<strong>on</strong> of <strong>ecosystem</strong>s gathered by others (e.g.,government, research instituti<strong>on</strong>s, NGOs, andlocal experts) can be used to put in<str<strong>on</strong>g>for</str<strong>on</strong>g>mati<strong>on</strong> intoc<strong>on</strong>text (e.g., coupling water scarcity data and wateruse data).32© 2011 GRI
4. Ecosystem <strong>services</strong>in future GRI <str<strong>on</strong>g>reporting</str<strong>on</strong>g>guidanceThe landscape of sustainability <str<strong>on</strong>g>reporting</str<strong>on</strong>g> isc<strong>on</strong>tinuously evolving. More stakeholders than ever– including regulators, investors, rating agenciesand NGOs – are asking <str<strong>on</strong>g>for</str<strong>on</strong>g> the n<strong>on</strong>-financial (orsustainability) data which increasingly influencescompanies’ financial results.The GRI Sustainability Reporting Guidelines havefollowed this evoluti<strong>on</strong> closely. The general requests<str<strong>on</strong>g>for</str<strong>on</strong>g> <str<strong>on</strong>g>reporting</str<strong>on</strong>g> <strong>on</strong> such issues are summarizedin the GRI Guidelines after <str<strong>on</strong>g>for</str<strong>on</strong>g>mal and in<str<strong>on</strong>g>for</str<strong>on</strong>g>malinternati<strong>on</strong>al c<strong>on</strong>sultati<strong>on</strong>s with representativesfrom business, civil society and labor, but also withinvestors, c<strong>on</strong>sultants and experts. GRI refers tothis as an internati<strong>on</strong>al multi-stakeholder process.The current versi<strong>on</strong> of the Guidelines - G3 and theexpanded G3.1 - is available <str<strong>on</strong>g>for</str<strong>on</strong>g> free downloadfrom the GRI website. Details of the GRI Guidelinesdevelopment are also available there.In 2011, GRI started the development of the newgenerati<strong>on</strong> of the Guidelines: G4. At the beginningof 2011, surveys targeted at GRI stakeholders asked<str<strong>on</strong>g>for</str<strong>on</strong>g> suggested improvements to GRI’s guidance<str<strong>on</strong>g>for</str<strong>on</strong>g> existing <str<strong>on</strong>g>reporting</str<strong>on</strong>g> topics, and suggesti<strong>on</strong>s <str<strong>on</strong>g>for</str<strong>on</strong>g>new sustainability <str<strong>on</strong>g>reporting</str<strong>on</strong>g> topics that should bec<strong>on</strong>sidered in the development of the updatedGuidelines.Not surprisingly, <strong>ecosystem</strong> <strong>services</strong> was am<strong>on</strong>gthe topics suggested by resp<strong>on</strong>dents in the 2011surveys. This guarantees that this topic will be partof the discussi<strong>on</strong>s about the future of <str<strong>on</strong>g>reporting</str<strong>on</strong>g> <strong>on</strong>the impacts companies’ activities have <strong>on</strong> ES 6 .As stated previously, <str<strong>on</strong>g>reporting</str<strong>on</strong>g> <strong>on</strong> existing GRIPer<str<strong>on</strong>g>for</str<strong>on</strong>g>mance <strong>Indicators</strong> may begin to indicate6Following due process, the improvements and new topics suggestedin such surveys are presented to GRI’s Technical AdvisoryCommittee <str<strong>on</strong>g>for</str<strong>on</strong>g> analysis. Selected topics then undergo furtherpublic exposure in order to be prioritized. Ultimately, GRI c<strong>on</strong>venesmulti-stakeholder Working Groups to develop first drafts of newGuidelines c<strong>on</strong>tent. Working Group compositi<strong>on</strong> is influencedby the proposals <str<strong>on</strong>g>for</str<strong>on</strong>g> new c<strong>on</strong>tent. Final drafts of guidance areinfluenced <strong>on</strong>ce again by internati<strong>on</strong>al public c<strong>on</strong>sultati<strong>on</strong>, be<str<strong>on</strong>g>for</str<strong>on</strong>g>ebeing presented to GRI’s governance bodies, which vote <str<strong>on</strong>g>for</str<strong>on</strong>g> oragainst their release.the pressures, impacts and dependencies that anorganizati<strong>on</strong> has <strong>on</strong> ES (see Table 3). On a highlevel, GRI Envir<strong>on</strong>mental <strong>Indicators</strong> that requestdata <strong>on</strong> the significant envir<strong>on</strong>mental impacts ofproducts and <strong>services</strong>, and their transportati<strong>on</strong>,may steer organizati<strong>on</strong>s towards a c<strong>on</strong>siderati<strong>on</strong> of<strong>ecosystem</strong>s and ES. Other GRI <strong>Indicators</strong> coveringland ownership and management ask <str<strong>on</strong>g>for</str<strong>on</strong>g> data<strong>on</strong> habitats restored or protected, impacts <strong>on</strong>areas of high biodiversity value, and <strong>on</strong> strategyand plans <str<strong>on</strong>g>for</str<strong>on</strong>g> managing impacts <strong>on</strong> biodiversity.<strong>Indicators</strong> focused <strong>on</strong> water usage seek disclosure<strong>on</strong> sources of water withdrawal and impacts <strong>on</strong>these sources, <strong>on</strong> amounts of recycled and reusedwater, and <strong>on</strong> the biodiversity value of water bodiesaffected by discharges. Although <strong>ecosystem</strong>s arenot referenced specifically, the varied <strong>Indicators</strong>covering energy use and emissi<strong>on</strong>s may also directorganizati<strong>on</strong>s’ attenti<strong>on</strong> towards ES, by providingdata <strong>on</strong> energy c<strong>on</strong>sumpti<strong>on</strong> and efficiency, andemissi<strong>on</strong>s of GHGs, oz<strong>on</strong>e depleting substances,and other significant air emissi<strong>on</strong>s.ES is clearly implicated in two GRI SectorSupplements – <str<strong>on</strong>g>for</str<strong>on</strong>g> the Food Processing and Miningand Metals sectors (see Annex II). Both Supplementshave amendments to their <strong>Indicators</strong> <strong>on</strong> biodiversehabitats, including water bodies being added tothe type of habitats covered in the Food ProcessingSector Supplement (FPSS). The FPSS also featuresnew c<strong>on</strong>tent <strong>on</strong> the sourcing of raw materials. Thisincludes asking reporters to identify their mostsignificant dependencies up<strong>on</strong> <strong>ecosystem</strong>s, andguidance <strong>on</strong> how to report their sourcing strategy<str<strong>on</strong>g>for</str<strong>on</strong>g> the sector-specific Aspects of Protecting NaturalResources, Minimizing Toxicity, Traceability, AnimalWelfare and Biofuels.Furthermore, the introducti<strong>on</strong> to the Mining andMetals Sector Supplement states that biodiversityincludes <strong>ecosystem</strong>s and “the goods and <strong>services</strong>that they provide”, with a definiti<strong>on</strong> of ES addedto Indicator EN14 (Strategies, current acti<strong>on</strong>s, andfuture plans <str<strong>on</strong>g>for</str<strong>on</strong>g> managing impacts <strong>on</strong> biodiversity).<str<strong>on</strong>g>Approach</str<strong>on</strong>g> <str<strong>on</strong>g>for</str<strong>on</strong>g> <str<strong>on</strong>g>reporting</str<strong>on</strong>g> <strong>on</strong> <strong>ecosystem</strong> <strong>services</strong>– Incorporating <strong>ecosystem</strong> <strong>services</strong> into an organizati<strong>on</strong>’s per<str<strong>on</strong>g>for</str<strong>on</strong>g>mance disclosure33GRI Research andDevelopment SeriesI Research & DevelopmentTopicsReportingPractices