This document outlines an agenda for a workshop on achieving radical transparency by digitally interlinking sustainability data, context, and stakeholders. The agenda includes presentations on transforming corporate accountability, the Reporting 3.0 platform, the WikiRate data project, virtual stakeholder dialogue tools, and a discussion on user perspectives. The goal is to discuss how to liberate sustainability data from reports and connect it to enable better decisions through crowdsourcing, ratings, and engagement.

1. Copyright © 2016 Wayne Visser
& Kaleidoscope Futures Lab. Ltd
Achieving Radical Transparency
Digitally Interlinking Data,
Context & Stakeholders
Amsterdam, 17 May 2016
Wayne Visser, Vishal Kapadia, Bill Baue, Ralph Thurm, Richard Mills

2. Copyright © 2016 Wayne Visser
& Kaleidoscope Futures Lab. Ltd
Agenda
• 09.00-09.30: Dr Wayne Visser
– Introduction: Transforming Corporate Accountability
• 09.30-09.45: Ralph Thurm
– Reporting 3.0: The International Multi-Stakeholders Platform for the “Future
of Sustainability Reporting
• 09.45-10.15: Vishal Kapadia & Richard Mills
– WikiRate: Data Activation Through Aggregation, Accessibility & Sustainability
Contextualization (DATAASC) Project
• 10.15-10.30: Break
• 10.30-11.00: Bill Baue
– Convetit: Virtual Stakeholder Dialogue & Interactive Materiality Matrix
• 11.00-11.30:
– User Perspectives (academic, NGO & workshop attendees)
• 11:30-11:45: Q&A
• 11.45-12.00: Summing up & how to get involved

3. Copyright © 2016 Wayne Visser
& Kaleidoscope Futures Lab. Ltd
Transforming Accountability

4. Copyright © 2016 Wayne Visser
& Kaleidoscope Futures Lab. Ltd
Evolution of transparency

5. Copyright © 2016 Wayne Visser
& Kaleidoscope Futures Lab. Ltd
Trends – Corporate Transparency
Trend 1: Explosive sustainability reporting
growth – but from an extremely low base
Trend 2: Proliferation of reporting standards –
with mandatory disclosure on the rise
Trend 3: Improvement of data quantity &
quality – driven by emerging information
technologies (IT)
Trend 4: Shift from corporate to value chain
data – with traceability becoming the new
watchword

6. Copyright © 2016 Wayne Visser
& Kaleidoscope Futures Lab. Ltd
Technology as a driver
The one-size fits all, half-
narrative, half quantified
sustainability report is looking
increasingly out of date.
Sustainability reporting will
increasingly build on a
database of ESG information
and data, packaged in
different formats, with
different stories, using
different communications
channels and media, in order
to match the diversity of
stakeholders’ expectations

7. Copyright © 2016 Wayne Visser
& Kaleidoscope Futures Lab. Ltd
Trends – Sustainability Ratings
Trend 5: Increasing importance of
sustainability ratings – as a driver of
sustainability performance
Trend 6: Consolidation of sustainability
ratings agencies – due to competition &
questionnaire fatigue
Trend 7: Demand for more transparency
by rating agencies – to counter low
levels of trust

8. Copyright © 2016 Wayne Visser
& Kaleidoscope Futures Lab. Ltd
Evolution of crowdsourcing
Value-
driven
Values-
driven
Technology-
focused
People-
focused
Shareholder
value analysis
People
management&
reportingsoftware
Stakeholderneeds
assessment
Sustainability
management
& reporting
software
Crowdsourcing
platforms&
ratings

9. Copyright © 2016 Wayne Visser
& Kaleidoscope Futures Lab. Ltd
Trends - Crowdsourcing
• Trend 8: Moving social media
beyond a marketing channel – to an
action research database 19
• Trend 9: Growing use of
crowdsourcing as a stakeholder
engagement tool – allowing
proactive anticipation of issues 21
• Trend 10: Transforming the power
of connection into the power of
collaboration

10. Copyright © 2016 Wayne Visser
& Kaleidoscope Futures Lab. Ltd
Insights
• Insight 1: Hyper-connectivity makes
responsiveness more possible – and less likely
• Insight 2: Value-action gaps make stakeholder
feedback more collectable – yet less valuable
• Insight 3: The wisdom of the crowd can,
without validation, also become the tragedy of
the commons
• Insight 4: The openness of open source is
questionable when values are a filter
• Insight 5: Questions remain about the
accountability ratings when the guardians are
not guarded

11. Copyright © 2016 Wayne Visser
& Kaleidoscope Futures Lab. Ltd
Radical Transparency

12. Copyright © 2016 Wayne Visser
& Kaleidoscope Futures Lab. Ltd
The GRI Challenge
“GRI believes it’s time to move “beyond
reports” and focus on the data produced
during the sustainability reporting
process. Liberating this data and
exploring how this information can then
be used to enable better decisions is the
natural next step”
- Michael Meehan

13. Copyright © 2016 Wayne Visser
& Kaleidoscope Futures Lab. Ltd
Day 1
Kickoff: Data Trends,
Standards & Guidelines
“I am told that the first crop of corporate sustainability reports is now being fed into
IBM's Watson artificial intelligence (AI) system …” - John Elkington

14. Copyright © 2016 Wayne Visser
& Kaleidoscope Futures Lab. Ltd
Day 2
Data Liberation,
Aggregation & Sourcing
“The ultimate dream would be to make it just as easy to access ESG data as it is to
type in a ticker symbol on Yahoo or Google Finance …” – Louis Coppola

15. Copyright © 2016 Wayne Visser
& Kaleidoscope Futures Lab. Ltd
Day 3
Data Contextualization,
Materiality & Tagging
“GRI’s mystifying refusal to in any way flesh out or enforce its own Sustainability
Context principle …” – Mark McElroy

16. Copyright © 2016 Wayne Visser
& Kaleidoscope Futures Lab. Ltd
Day 4
Data Analysis, Ratings
& Engagement
“Instead of having only experts driving research, we are keen to engage everyday
people from around the world in this process …” – Milena Marin

17. Copyright © 2016 Wayne Visser
& Kaleidoscope Futures Lab. Ltd
Day 5
Synthesis
“WikiRate would need to function both as a central data repository and a dynamic
data ecosystem that provides multiple accessibility points to meet stakeholders and
companies where they are at…” – Linda Wedderburn