New Metrics
The new and evolving metrics that are helping expand the way businesses create, quantify, manage and report their impacts, and the value they deliver.
Is It Possible That GRI Has Never Really Been About Sustainability Reporting at All?
September marked the fifth anniversary of a public comment that I and 65 other members of the Sustainability Context Group submitted to the Global Reporting Initiative (GRI) in the run-up to G4.
QuadReal Property Group Navigates the ‘Road to Context’
Our corporate partners were increasingly being asked to contextualize their sustainability goals and performance. They wanted to understand what tools were available and how to approach the issue of context. The Embedding Project’s Road to Context guide was written to help support this process.
Commons or Uncommons? A Dialogue on Allocating Responsibility for Meeting Thresholds
Sustainability requires contextualization within thresholds. That’s what sustainability is all about. Allen White, co-founder, Global Reporting Initiative The part can never be well unless the whole is well. Plato, Charmides, 380 BCE
TSC, Cool Farm Alliance Helping Food Companies Better Manage Farm-Level Sustainability Data
The Sustainability Consortium (TSC) and the Cool Farm Alliance (CFA) — a nonprofit industry platform and creator of the Cool Farm Tool sustainable agriculture calculator — have signed a memorandum of understanding to improve alignment and reporting of farm-level metrics data. Through the partnership, TSC aims to make the process of reporting on farm-level metrics easier for farmers and food manufacturers.
Can Performance Reporting for Different Companies Be Both Context-Based and Comparable?
One of the hallmarks of context-based sustainability (CBS) as an approach to performance accounting in business is that it features the use of organization- or company-specific metrics. Indeed, a basic tenet of CBS is that no two organizations are exactly alike and it makes sense, therefore, for them to use different metrics to assess their performance, all in accordance with their own materiality determinations.
Mapping Maturation Pathways & Building Bridges to an Integral Economy
Part Ten in a 10-Part Series by Reporting 3.0. See previous parts below. “If you don't know where you're going, you might not get there,” U.S. baseball icon (and meister of understated irony) Yogi Berra famously stated. This quip accurately describes CSR / ESG incrementalism, which heads in a direction without a clear destination. By contrast, context-based multicapitalism (as advocated by Reporting 3.0) provides not only a clear destination, but also a timeline for tracking the rate of progress needed – across multiple, interrelated dimensions.
GRI Analysis Paves the Way for Common SDG Reporting Standard
As more businesses make moves to align their operations and strategies with the Sustainable Development Goals (SDGs), the need for a common framework for reporting on the impacts and contributions of companies to the SDGs becomes more apparent.
Sustainability Targets + Science: The Smart Business Equation
A new sense of readiness and willingness from companies is transforming how businesses approach responsible growth. Corporate sustainability is no longer viewed as a trend, but as a necessity. That’s why leading companies across the U.S. and the globe are recognizing that capturing value requires improving energy management, engaging suppliers and driving innovation. One of the most effective ways to do this is by setting targets that are in line with what climate science says in necessary to keep warming below 2 degrees, known as “science-based targets.”
Activation & Acceleration: Catalyzing Context-Driven Stakeholders
Part Nine in a 10-Part Series by Reporting 3.0. See previous parts below.
Scalability: Upshifting from Micro- to Macro-Level Sustainability
Part Eight in a 10-Part Series by Reporting 3.0. See previous parts below.
Fourstar Connections: A Solutions-Based EMS Provider Taking on Sustainability, Increasing Market Share
Massachusetts-based Fourstar Connections, founded in 1986 as a cable assembly shop, has evolved into a comprehensive solution provider with an extensive portfolio of services and solutions to tackle a wide range of manufacturing needs. It also differentiates itself with a focus on sustainability — as a value creator and risk mitigator for the company, as well as for its publicly traded customers. We caught up with Fourstar’s owner and president, Phillip Holman, to learn more about the company’s commitment to sustainability, and why he thinks it’s time for CPAs to lean into discussions and strategy-setting around the issue.
Closing the Context Gap: How Companies Can Transform Degeneration to Regeneration
Part Seven in a 10-Part Series by Reporting 3.0. See previous parts below. 0.3 percent — a mere 31 of 9,000.
Integral Success Measurement for True Future Value Creation
Part Six in a 10-Part Series by Reporting 3.0. See previous parts below.
New CDP Research Finds Cities Catching Up to Companies on Water Security Development
International environmental reporting and data non-profit CDP has released new research in partnership with global infrastructure firm AECOM revealing that $9.5 billion worth of city water projects are now open for investment.
Why Water Scarcity-Adjusted Targets Are Not Context-Based Water Targets
Around this time last year, during World Water Week in Stockholm, a session was hosted which sought to explore the concept of Context-Based Water Targets (CBWTs).
US Cities Plagued by Poor Performance on SDGs
US cities still have a long way to go towards achieving the Sustainable Development Goals (SDGs), according to the first-ever US Cities SDG Index, which ranks the 100 most populous metropolitan areas in the US based on their performance on the SDGs.
Purpose + Context = Connectedness
Part Four in a 10-Part Series by Reporting 3.0. See previous parts below.
Companies Committed to Sustainability But Which Rely on Old-Economy Metrics Will Never Get There from Here
A close friend and colleague of mine, Joe Firestone, once pointed out that along with new conceptions of the world (i.e., new paradigms) come corresponding requirements for new measurement models. We simply cannot measure things in old ways when the things we’re trying to measure are entirely new. New constructs usually call for new metrics.
How to Transform Today’s ‘Senseless’ ESG Data Into Tomorrow’s Actionable Knowledge
Part Three in a 10-Part Series by Reporting 3.0. See previous parts below.
Reporting 3.0’s Reporting Blueprint: Triggering a Regenerative, Inclusive and Open Economy
Part One of this 10-part series ended with a quick introduction of how Reporting 3.0 (R3) applies Integral Theory in our thinking. So we pick up this strand as our starting point for Part Two, which is devoted to introducing the Reporting Blueprint that was released at the 4th International Reporting 3.0 Conference earlier this year.