UPS to adopt new level of sustainability reporting

by Canadian Shipper

ATLANTA, Ga.– UPS will release its 2013 sustainability report based on the Global Reporting Initiative (GRI)’s new G4 reporting guidelines at the “Comprehensive in accordance” option and with GRI’s “Materiality Matters” check on July 30, 2014. With the release of this report, UPS will join a select group of global companies that have already adopted the G4 guidelines and will become one of the first U.S.-based companies to do so, the company announced.

The G4 Guidelines mark GRI’s fourth generation of sustainability reporting guidelines and reflect the most significant update to the framework since 2006. Published in May 2013, these updated GRI guidelines emphasize reporting on material sustainability issues-those that matter most to a business and its stakeholders, rather than reporting on every sustainability initiative a company undertakes. GRI is the most widely used and respected sustainability reporting framework in the world, the company said.

Adopting GRI’s G4 Guidelines is a reflection of UPS’s commitment to sustainability and transparency, integrating sustainability into its core business strategy from the highest levels of the company. As a further sign of UPS’s ongoing commitment to transparency, assurance and verification, an independent third party, Deloitte & Touche LLP, has assured the contents of the report for the fifth straight year. In addition, UPS’s greenhouse gas inventory has been verified by both Deloitte & Touche LLP and Société Générale de Surveillance (SGS) to a reasonable level of assurance.

“UPS is proud to be a global leader in sustainability reporting,” said Rhonda Clark, UPS chief sustainability officer. “GRI’s new G4 Comprehensive option advances UPS’s commitment to integrating sustainability into our business decisions. UPS believes sustainability reporting is an extension of the measuring and reporting we do each day as part of our business and is another way to hold our company to the highest standard of transparency and accountability.”

With the release of its 2013 sustainability report on July 30, UPS will also roll out a new sustainability website to better communicate its efforts and progress to key stakeholders on an ongoing basis.

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