Center for Sustainability Performance (CSP) Launched

NEW YORK, August 10 /CSRwire/ - Deloitte today announced the launch of the Center for Sustainability Performance (CSP) in Waltham, Mass. The CSP will be led by Mark McElroy, Ph.D., and will provide

• on-site client training,
• research and development,
• with a focus on corporate sustainability measurement and reporting

Prior to joining Deloitte, McElroy served as executive director of the Center for Sustainable Innovation where he worked with clients on sustainability management, measurement and reporting engagements. He is also the creator of the Social Footprint Method, a procedure for measuring and reporting the social sustainability performance of organizations. McElroy will lead the CSP's research and development efforts and work with clients to formulate tailored metrics and tools designed to help manage, measure and report on non-financial performance. He will continue to serve on the board of the Center for Sustainable Innovation and also the Sustainability Institute, both located in Vermont.

"An evolving regulatory environment combined with increasing stakeholder interest in sustainability performance across the entire supply chain continues to drive demand for transparency, disclosure and compliance around nonfinancial performance," said Chris Park, co-leader of Deloitte's Enterprise Sustainability Group.

"Deloitte's Center for Sustainability Performance will provide customized training modules in the areas of sustainability measurement and reporting, enabling our clients to comply with regulatory demands while also reporting on social and environmental sustainability performance throughout their supply chain."

Further underscoring the need for supply chain transparency, Walmart, the world's largest retailer, recently announced plans to develop a worldwide sustainable product index, which will establish a single source of data for evaluating the sustainability of products.

"Nonfinancial reporting is evolving from voluntary communications to mandatory compliance, and the environmental regulatory and financial reporting worlds are converging," said Kathryn Pavlovsky, co-leader of Deloitte's Enterprise Sustainability Group. "

This convergence will require increased collaboration across many facets of an organization to ensure that the internal control frameworks are in place for measurable, consistent and repeatable corporate responsibility and sustainability reporting that is strategically, operationally and financially achievable."

In addition, Deloitte has teamed with LEAD Canada, the only Global Reporting Initiative (GRI) certified training organization offering GRI-certified sustainability reporting courses in both the U.S. and Canada. Deloitte will host GRI-certified training courses at Deloitte offices throughout the U.S. and Canada. Course participants will receive their course completion certificates directly from GRI.

"The prevalence of sustainability reporting is growing and the GRI has emerged as the world's most widely used reporting framework," said Eric Hespenheide, global reporting and compliance leader of Deloitte's Corporate Responsibility and Sustainability Group. "As sustainability reporting matures and becomes more standardized, assurance of company reports will become increasingly important, just as it has for financial reporting. We look forward to hosting this training."

For a schedule of GRI training courses hosted by Deloitte, please click here.

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