materiality and integrated reporting · source: atlas copco, annual report 2015, p. 127 materiality...

Knowledge for a better world

Sunniva Bratt Slette – Researcher, NTNU Sustainability

SMART Conference 29.11.2016

Materiality and integrated reporting for corporate sustainability

Knowledge for a better world 2

1 Introduction

2 Research Question

3 Theoretical context

4 Methodology

5 Findings

6 Discussion and conclusion

7 Summary

Agenda


Strategic research areas 2014-2023


Integration of Sustainable Development Goals


1 Introduction

2 Research Question


4 Methodology

5 Findings


7 Summary


How can materiality and integrated reporting assist firms in achieving corporate sustainability?

Research Question


1 Introduction

2 Research Question


4 Methodology

5 Findings


7 Summary


Models for sustainable development

“Weak sustainability” (O'Riordan, 1998)

Economy Society

Environment Sustainable development

Economy

Society

Sustainable development

Environment

”Strong sustainability” (After Adams, 2006)

Governance


Business model for sustainability

Existing business model

Sustainable

value creation

Transformed business model


Corporate sustainability

Companies or economic actors which

operate within planetary boundaries.

After Griggs et al. (2013)


Materiality and integrated reporting

Materiality

Address the limited resources of firms and only focus on issues most

material for sustainable value creation for a firm and its stakeholders.

Integrated reporting

A combination of a traditional, financially oriented annual report and the

material parts of a corporation’s sustainability report.

(Eccles & Krzus, 2014)

Knowledge for a better world 12 12 WWF

Sustainable Wood Industry

1 Introduction

2 Research Question


4 Methodology

5 Findings


7 Summary


Data from Master’s thesis: 45 interviews with 33 stakeholders

Stakeholders

Financial institutions

Public institutions

Companies

Research and academia

Non-governmental organizations

International organizations

Knowledge for a better world 14 14 WWF

Sustainable Wood Industry

1 Introduction

2 Research Question


4 Methodology

5 Findings


7 Summary


• v

Integrated reporting gives transparency, comparability across sectors and highlights “best practice”.


Eccles’ Statement of Materiality

Relevance motives to integrated reporting and prevents “Death by Reporting”.


Sustainable Value Matrix

Sustainable Value Matrix Systematizes and integrates firms’ sustainability efforts e


Source: Atlas Copco, annual report 2015, p. 127

Materiality Matrix e Maps how companies should prioritize their resources for innovation and reporting in relevant areas only.

Knowledge for a better world 19 Source: Annual report, Yara 2015.

Example: Yara’s Materiality Matrix Integrates the SDGs in sustainability efforts e


1 Introduction

2 Research Question


4 Methodology

5 Findings


7 Summary


Standardized reporting reduces confusion


Sustainability reporting closes the gap

Private funding Public funding

Sustainability reporting

Knowledge for a better world 23 Sou

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Transparency for sustainable investments


Nasjonalt senter for bærekraftige forretningsmodeller kan bidra til å bringe FNs bærekraftsmål inn i næringslivet

Tverrfaglig verdiskaping

Foto: Sunniva Bratt Slette

1 Introduction

2 Research Question


4 Methodology

5 Findings


7 Summary


Clear indicators benefits sustainability

Economic growth

Environmental protection

Social progress and fair trade

Foto

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net

Governance and transparency

Corporate sustainability


“The best way to predict the future is to invent it”

- Alan Curtis Kay, computer scientist (1940)


sustainabillity_wide

Sunniva Bratt Slette [email protected] +47 922 53 676

NTNU Sustainability – Knowledge for change https://www.ntnu.edu/sustainability

materiality and integrated reporting · source: atlas copco, annual report 2015, p. 127 materiality...

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