August 2012

Date Archive

This is the second in our ‘Get Ready for G4’ series of posts in which we will help you to understand upcoming changes to the GRI Sustainability Reporting Framework.

For those of you who didn’t get indigestion from my first post ‘Get Ready for G4: One bite at a time’ let’s see what has been served up for second course.

My last blog related to the proposed abandonment of application levels in favour of ‘in accordance with’ criteria.  Reader comments suggested that both C- and A-level reporters were losing out.

Will organisations find the proposed changes to Boundary in the G4 Exposure Draft  difficult to swallow?

Ever one to jump on the bandwagon, my thoughts and blog this week turns to the Olympics. Amidst the recriminations and soul searching about the Australian medal tally, a question keeps cropping up – just what return are we getting on our money invested in these games? We have gone so far as to put a price on each medal – $15.5 million for athletics and $6.2million for cycling apparently. I’m not sure why we feel this need to price each medal but it suggests, that with limited government resources, the public want to ensure we get our money’s worth. Or perhaps, less cynically, we want to ensure we are distributing our limited resources effectively.

Sara Bice“Those are my principles. If you don’t like them, I have others.”

Oh Groucho Marx, you were so, so funny. Until we realised what you were really doing was ironically pointing out our deep, deep flaws. Then the humour stung a bit (or became blindingly misogynist, but that’s another blog altogether).

The flexibility of moral principles and the lack of skilful awareness in identifying ethical issues before they become ethical scandals are central contributors to the global public’s decline in trust in the banking industry. Or in what the global head of Citigroup,  Vikram Pandit, calls the widening Wall Street-Main Street gap.