UPS Among First US Companies to Adopt New Comprehensive Level of Sustainability Reporting
July 16 2014 - 10:03AM
UPS® (NYSE: 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.
GRI is the most widely used and respected sustainability
reporting framework in the world. 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.
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.
For additional information prior to the July 30 rollout, please
visit: http://blog.ups.com/
For more information about GRI's G4 Guidelines, please visit:
https://www.globalreporting.org/reporting/g4/Pages/default.aspx
About UPS
UPS (NYSE: UPS) is a global leader in logistics, offering a
broad range of solutions including the transportation of packages
and freight, the facilitation of international trade and the
deployment of advanced technology to more efficiently manage the
world of business. Headquartered in Atlanta, UPS serves more than
220 countries and territories worldwide. The company can be found
on the Web at ups.com® and its corporate blog can be found at
blog.ups.com. To get UPS news direct, visit
pressroom.ups.com/RSS.
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CONTACT: Kristen Petrella
404-828-4182
kpetrella@ups.com
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