1. An Introduction to the
GRI Financial Services
Sector Supplement

2. Content
 Why develop a Supplement for the Sector?
 What is in?
 Who are the users?
 Who developed this?
 And how?
 What is next?
GRI Financial Services Sector Supplement
Copyright protected © 2000-2010 GRI

3. Why develop a Supplement for
the Sector?
 Sector facing a high level of expectation from
stakeholder groups with regards to transparency on
its sustainability impacts
 Reporting in the sector increasing year-over-year
 Sector-specific themes not covered in the G3
Guidelines
 Manifest interest of the sector in developing a
Supplement
 Potential for affecting sustainability impact by more
effective reporting
GRI Financial Services Sector Supplement
Copyright protected © 2000-2010 GRI

4. What is in?
Sector-specific sustainability reporting guidance for the
Financial Services sector, integrated into the GRI G3
Guidelines.
Consisting of sector-specific:
 Introductory section
 Commentary on existing G3 Guidelines content
 New disclosures on management approach and
performance indicators, and its associated indicator
protocols
GRI Financial Services Sector Supplement
Copyright protected © 2000-2010 GRI

5. What is in?
And covering the aspects of sustainable development that
characterize the Financial Services sector:
 Product Portfolio  Investment and
 Audits Procurement Practices
 Active Ownership  Community
 Economic Performance  Product and Service
Labeling
GRI Financial Services Sector Supplement
Copyright protected © 2000-2010 GRI

6. Who are the users?
 Retail banking
 Commercial and corporate banking
 Asset management
 Insurance
GRI Financial Services Sector Supplement
Copyright protected © 2000-2010 GRI

7. Who developed this?
A multi-stakeholder geographically diverse GRI Working
Group through a consensus-based approach with several
public comment opportunities:
AVIVA, Bank of America, Bank of China, BCSC Fundación Social (Colombia), BMO Financial Group, Calvert
Group Ltd., CECA (Confederación Española de Cajas de Ahorros), Christian Brothers Investment Services
(CBIS) Inc., Citigroup, Co-operative Financial Services, Co-operative Insurance, CoreRatings Ltd., Corporate
Citizenship Centre, University of South Africa (UNISA), Credit Suisse Group, Deutsche Bank AG, Deutsche
Bank Asset Management (PCAM), Development Bank of Southern Africa (DBSA), Earthwatch Europe, EIRIS,
Euronatur, FGVSP (Centro de Estudos em Sustentabilidade), Friends of the Earth, USA, Germanwatch,
Global Reporting Initiative, Instituto Centroamericano de Administración de Empresas (INCAE), International
Finance Corporation (IFC), Interpolis NV, Insurance Australia Group (IAG), National Australia Bank (NAB),
Nedbank, Rabobank Nederland, Rheinland Versicherungen, Standard Bank of South Africa, Standard
Chartered, State Street Corporation, Swiss Life, Swiss Reinsurance Company, Tapiola Insurance Group, The
Co-operative Bank, The Netherlands Development Finance Company (FMO), UBS AG, UNEP Finance
Initiative, Union Network, Vancity & Citizens Bank of Canada, Verein für Umweltmanagement in Banken (VfU),
VicSuper Pty Ltd, Westpac Banking Corporation, Wilderness Society Australia, XL Winterthur International and
Zürcher Kantonalbank.
Developed in collaboration with UNEP-Finance Initiative.
GRI Financial Services Sector Supplement
Copyright protected © 2000-2010 GRI

8. And how?
 A first Pilot Version (2002 – 2005):
 Environmental and Social Performance
 In accordance with GRI 2002 Guidelines
 And a Final Version (2006 – 2008):
 Review of reporting experience
 Update to GRI G3 Guidelines (2006)
 Including Indicator Protocols
GRI Financial Services Sector Supplement
Copyright protected © 2000-2010 GRI

9. What is next?
 Financial Services companies to use the
Supplement
 Reporting with the Supplement required to
obtain GRI Application Level A from 1 January
2010
 Discuss the reporting in the sector in LinkedIn
GRI Financial Services Sector Supplement
Copyright protected © 2000-2010 GRI

10. Thank you!
For more information or to download
the Supplement, please visit:
www.globalreporting.org