About Reporting 3.0
About Reporting 3.0
THE REPORTING 3.0 WORK-ECOSYSTEM
The work-ecosystem consists of three main lines of work: content development, content dissemination and solutions building.
The work on Blueprints represents the core of the Reporting 3.0 content development. It is divided into five main topics as described below. The Blueprints build the “engine” of Reporting 3.0’s work-ecosystem, generating the content needed and defining recommended solutions in an iterative manner to fuel innovation and systemic change. Blueprint Lead Authors convene Working Groups of 20+ international experts in a 12-18 month process gathering state-of-the-art research, best practices, innovative approaches and co-created recommendations that feed into two Exposure Drafts of the Blueprint. Each Exposure Draft is reviewed during in-person Working Group Meetings and a Virtual Dialogue, after which each Blueprint is revised into a Final Report. In a dynamic process of content dissemination and feedback gathering, the different Blueprints are iteratively updated in 2 year cycles.
As of spring 2018, the five topics of the Blueprints (BPs) are:
BP1: Reporting – A principles-based approach to reporting serving a regenerative and inclusive
BP2: Accounting – Laying the foundations for future-fit reporting
BP3: Data – Data integration, contextualization & activation for multicapital accounting
BP4: New Business Models – Integral business model design for catalyzing regenerative and distributive economies
BP5: Transformation Journey Program – A step-by-step approach to organizational thrive-ability and system value creation
BP 6: Sustainable Finance
BP 7: Value Cycle
BP 8: Governments, Multilaterals, and Foundations
The dissemination and subsequent implementation of the content from the Blueprints takes place in different programs. Each program involves a different group of stakeholders, described in detail below. During the program’s duration, the developed content will be tested, discussed and the conclusions fed back into other programs as well as into the next generation of Blueprint development. Hence, the whole system is an ongoing process, interconnected in an ecosystem:
Transformation Journey Program: A modularized implementation journey for all constituencies, all sizes and all parts of the world, helping to start transforming organizations step-by-step, and aiming at organizational thriveability and system value creation. It addresses individuals and organizations on nano, micro, meso and macro level. The Journey Program allows flexible application with partners. Joint learning is possible in webinars and generic workshops. Individual implementation can be achieved with r3.0 Advocation Partners.
Advocation Partners: The opportunity for subject matter experts in consultancies and advisory organizations to support the dissemination and testing of the Blueprint recommendations. Advocation Partners work with their clients in helping them integrate the Blueprint recommendations and tools, scaling implementation worldwide.
Academic Alliance: Fostering the exchange between academics and practitioners in order to accelerate the application of gained knowledge. The four main areas of collaboration are supporting Blueprint development, joint research projects, program alignment and curriculum development.
Government, Multilaterals and Foundations Support: We provide support for e.g. governments in their development of regulations, legislation and incentives through our deeper insights into next-generation approaches to disclosure.
Investor Support: With our new insights, we support investors to better validate their decision making on responsible and sustainable investments for a more resilient future. (forthcoming)
Events: Throughout the year, we maintain the momentum of Reporting 3.0 with different events, from the annual Reporting 3.0 Conference as flagship event to regional roundtables and virtual dialogues.
The third part of the work-ecosystem, the solutions building, develops concrete measures to close reporting gaps. The solutions being built and activated are intended to function as spin-offs and further development of solutions recommended in the Blueprints. Currently, one such venture is curated by Reporting 3.0, whereas the Test Labs are ongoing:
Global Thresholds & Allocations Council: Reporting 3.0 proposes the formation of a multi-stakeholder Global Thresholds & Allocations Council (GTAC), to establish an authoritative approach to reporting economic, environmental and social performance in relation to generally accepted boundaries and limits. GTAC will identify thresholds and norms, design and validate allocation methodologies and disseminate the agreed upon solutions.
Test Labs: Reporting 3.0 is constantly challenging its thinking based on feedback we receive through the above mentioned programs. New ideas arise and those will be tested as pilot projects, and experience will be gathered. If vetted positively, outcomes of the Test Lab will lead to inclusion in future Blueprints. (forthcoming)
What others say
“I think the Reporting 3.0 Blueprints reveal what still must be done in order for standardized sustainability data to really become the nuts and bolts for a sustainable global economy. “
Knowledge and Emerging Markets, Global Reporting Initiative
“Sustainability requires contextualization within thresholds; that’s what sustainability is all about.”
Global Reporting Initiative
“If we are to create 21st century economies and businesses that can meet the needs of all within the means of the planet, then the Global Thresholds & Allocations Council (GTAC) is just the kind of initiative that can start making it happen.”
“This is about much more than reporting standards… A much bigger discussion needs to be held on corporate culture, behaviours that are incentivised by corporates, ethical leadership, morality and personal values.”
South African Institute of
“What Reporting 3.0 does, I think very strongly, is advocate for contextualizing your impact into the bigger system you operate in.”
Chief Sustainability Officer,
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