• Environment
• Society
• Governance

For each dimension, - 7 different characteristics.

How do we evaluate these? We need to get serious about the metrics. Some metrics - how much are we doing/using. 

We can arrive at a gold standard, but that doesn't mean it gets accepted by the rest of the world. So we need buy-in.

Acronyms

GISR - Global initiative for sustainability Ratings

• Content and process
• Principles of criteria (announced in May in SF)
• Issues / characteristics.
• indicators (metrics)
• Cycle to define components
• Stakeholder engagement exercise - steering committee and technical review committee
• Public comments to include as many people as possible
• Engagement should provide ownership to people who try to contribute
• What is a principle?
• Engagement - inclusive and transparent
• systems conditions  - content based - needs to live up to -
  
• Acknowldeged many different principles
  
• Natural step - biomimicry
• Earth Charter
• Who is synthesizing?
• Secretary - Two people. Telus (Alan White - GRI innovator) and Ceres (mark Tulay)

B-Lab, BRXL. Structured reporting and standard accounting forms. BIRS - Blab Impact Reporting System

Help coming from companion

• Sustainability Accounting Network Group
• Potential issues with Corporate data.

Intent

Sustainability Accounting Standards Boards (SAS-B)

• Trying to come up with 10 material sustainability issues to be listed on the stock exchange.
• Already done the Health items
• Extremely inclusive
• 10 different sectors - typical
• what this done by the 1st quarter of 2015
• Still working on the metrics
• What they try to do: 4 ecosystems (land water air, ?) - quantify damage to ecosystem and given themselves a penalty for it. Work with "True Cost" methodology on how to do this and how to hold people accountable is getting picked up.
• Looking for industry specific metrics
• 
  

PUMA have turned all their environmental measures into financial measures

GRI is coming up with their 4th gen Global Reporting Initiative. (aligned with GISR)

• Should all look at the same things

B-Lab and B-corps

• Effort by b-lab assessment questions that apply to small and large co's. 
• Developing a quiestionnaire for large companies.
  
• Topic by topic and q. by q. with 12 people. Should be finished by June.
  
• Too many questions. Need to be weighted differently.

Could we end up with multiple standards?

• Yes.
  
• We need to find other orgs in other countries that are trying to do the same thing.
  

GISR is looking for other entities doing the same sort of thing.

• Getting the accountants in on this is critical. 

ARISTA

• Standard by which research is done

Ontology: What questions need to ask

Systems perspective - sweep through different.

The Natural Step - partnered with an academic group (PROBE). N/A rep will now meet with Antony. How did they turn the system conditions to the ESG metrics.

Nabil: When we were on Skype - we started talking about assembling a gathering in March. Should we pursue? Invite a small number? Should we talk more about it? 

Direct it: How does a design perspective fit? (Stephen doesn't understand this question)

Who should we invite? 2 guys from "form of the Future". Bart Houlihan - Business Model Section. Jake Cohen. A one-day event when we're having a workshop together and where does the business model fit in? 

GISR has the best characteristics and influence. They're credible enough to pull this off too.