Monday, November 16, 2009

GRI Materiality Workshop in Vancouver

On November 5th, Vancity hosted a workshop by Bastian Buck from the Global Reporting Initiative (GRI). Bastian overviewed GRI’s current work on report content and materiality. He then led a discussion on what questions a GRI protocol on report content and materiality should answer and what a report should reveal about an organization's process of defining report content and materiality. Participants included representatives from reporting companies including HSBC Canada and Teck Resources, auditors Deloitte & Touche and Ernst & Young, consultants Interpraxis and Solstice Works, and SIO members Inhance, Northwest & Ethical Investments (NEI), Shareholder Association for Research & Education (SHARE). Bastian noted he was impressed by the number and variety of attendees interested in exploring the topic.

The following day he met with the members of the NEI sustainability team to discuss the GRI's work on materiality in the context of its sustainable investing activities.

Bastian's trip to Vancouver was part of GRI's international outreach effort to promote materiality as a key consideration in sustainability reporting.

Christie Stephenson is SRI Monitor's Vancouver correspondent.

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