G4 Forefront! GRI GOLD Community online learning series to help you navigate the G4 Guidelines

Transcription

1 G4 Forefront! GRI GOLD Community online learning series to help you navigate the G4 Guidelines

2 G4 Forefront 6 Gold Community exclusive on-line sessions that help you navigate the G4 Guidelines Topic Date 1. Introduction to G4 March 8 th, 9am and 4:30pm CET 2. Materiality and Boundaries May 3 rd, 9am and 4:30pm CET 3. Supply Chain June 21 st, 9am and 4:30pm CET 4. Governance and Disclosures on Management Approach (DMA) 5. In accordance and Transition to Standards September 6th, 9am and 4:30pm CET November 8th, 9am and 4:30pm CET 6. The GRI Support Suite January 24 th, 9am and 4:30pm CET

3 G4 Forefront Session 1: Introduction to G4

4 Agenda of today Introduction to G4 Welcome and introduction (5 min.) Content presentation (55 min.) Q&A (25 min.) Conclusion (5 min.)

5 How to use Webex

6 G4 Sustainability Reporting Guidelines: Introduction to G4 Bastian Buck Director Sustainability Reporting Standards

7 Introduction to G4 Content Key considerations Discussing the Principles Your G4 resources GRI services

8 Participants profile Please answer the poll Reporting experience Fist time reporter One to three years reporting experience More than 4 years reporter Familiarity with the GRI Guidelines G3/ G3.1 reporter Yes No Already a G4 reporter Yes No

9 A Sustainable Economy and World The role of trust The value of the sustainability reporting process is in ensuring organizations consider their impacts on a broad range of critical issues, enabling transparency about the risks and opportunities they face This increased transparency leads to better decision making, which helps build and maintain trust in business and governments

10 Unlocking Sustainability Information Increasingly diverse stakeholder demand Sustainability information is being used in more ways than ever before by diverse groups of stakeholders to address their specific needs For this information to truly empower sustainable decisions in every organization, it must be more accessible, comparable and available in real-time

11 Sustainability Reporting

12 GRI G4 Guidelines A free and open public good Objective G4 helps reporters to prepare sustainability reports that matter, contain valuable information about the organization s most critical sustainability-related issues, and make sustainability reporting standard practice Launched in 2013

13 GRI G4 Guidelines Focus A G4 based report is focused on: Sustainability impacts that matter What matters, where it matters What is critical to be managed and changed

14 G4 Guidelines Part 1: The Reporting Principles and Standard Disclosures Part 2: The Implementation Manual Download both parts for free on

15 G4 Guidelines

16 Reporting Principles Defining Report Content Defining Report Quality 1. Stakeholder Inclusiveness 1. Balance 2. Sustainability Context 2. Comparability 3. Materiality 3. Accuracy 4. Completeness 4. Timeliness 5. Clarity 6. Reliability

17 General Standard Disclosures Strategy and Analysis Organizational Profile Identified Material Aspects and Boundaries Stakeholder Engagement Report Profile Governance Ethics and Integrity

18 Specific Standard Disclosures Disclosures on Management Approach Indicators

19 Categories and Aspects in G4 Guidelines

20 Main changes in G4 1. Materiality Assessment/ Boundary definition 2. General Standard Disclosures - Report Content and Boundaries - Governance - Ethics and Integrity

21 Main changes in G4 3. Specific Standard Disclosures - Disclosures on Management Approach (DMA) for all material Aspects - Supply Chain - GHG Emissions 4. In accordance options

22 Questions Q1: Do I need to report on all the disclosures included in the Reporting Principles and Standard Disclosures book? Q2: Is it mandatory to use the Implementation Manual and the FAQ? Q3: How can I report on issues that are important for my organization but are not covered in the G4 Guidelines?

23 Questions Q4: If the materiality principle is key to report with G4, do I need to apply materiality to all Disclosures listed in the G4 Guidelines? Q5: It has been said the GRI G4 guidelines are applicable to any type of organization, regardless of size, sector or location. It seems to me that reporting based on the Guidelines is a quite complex process. How can a small company report using G4?

24 Any other questions?

25 Discussing the Principles

26 Reporting Principles: Defining Report Content Stakeholder Inclusiveness Principle The organization should identify its stakeholders, and explain how it has responded to their reasonable expectations and interests.

27 Reporting Principles: Defining Report Content Sustainability Context Principle The report should present the organization s performance in the wider context of sustainability.

28 Reporting Principles: Defining Report Content Materiality Principle The report should cover Aspects that: Reflect the organization s significant economic, environmental and social impacts; or Substantively influence the assessments and decisions of stakeholders

29 Reporting Principles: Defining Report Content Completeness Principle The report should include coverage of material Aspects and their Boundaries, sufficient to reflect significant economic, environmental and social impacts, and to enable stakeholders to assess the organization s performance in the reporting period.

30 Reporting Principles: Defining Report Quality Balance Principle The report should reflect positive and negative aspects of the organization s performance to enable a reasoned assessment of overall performance. Comparability Principle The organization should select, compile and report information consistently. The reported information should be presented in a manner that enables stakeholders to analyze changes in the organization s performance over time, and that could support analysis relative to other organizations.

31 Reporting Principles: Defining Report Quality Accuracy Principle The reported information should be sufficiently accurate and detailed for stakeholders to assess the organization s performance. Timeliness Principle The organization should report on a regular schedule so that information is available in time for stakeholders to make information decisions.

32 Reporting Principles: Defining Report Quality Clarity Principle The organization should make information available in a manner that is understandable and accessible to stakeholders using the report. Reliability Principle The organization should gather, record, compile, analyze and disclose information and processes used in the preparation of a report in a way that they can be subject to examination and that establishes the quality and materiality of the information.

33 Questions Q1: When applying the Materiality principle, do impacts refer to impacts on or impacts caused by my organization? Q2: If the principles are so important, should I describe the implementation of the Reporting Principles in the reporting process? Q3: Do I have to apply the Reporting Principles in order to be in accordance with the G4 Guidelines?

34 Further questions Any questions?

35 Your G4 resources All these resources are available for free at

36 Get started with G4! العربیة Arabic Bahasa Indonesian Bahasa Indonesia Download the G4 Guidelines in different languages: Brazilian Portuguese Português do Brasil Croatian Hrvatski English (official) French Français German Deutsch Greek Eλληνικά Japanese 日本語 Korean 한국어 Russian Pусский Simplified Chinese 简体中文 Spanish Español Traditional Chinese 中醫 Turkish Türk Vietnamese Tiếng Việ

37 Get started with G4! Read An introduction to G4 Gain a brief overview of G4 and learn how to get started on your sustainability reporting journey. Currently available in Arabic, Bahasa-Indonesian, English, Simplified Chinese, Spanish and Vietnamese.

38 Questions? Get the answers to your G4 questions in the G4 Frequently Asked Questions (also available in Spanish) If your question is not answered, it to

39 Disclosures and guidance for sectors GRI s Sector Disclosures provide sector-specific disclosures and guidance to be used with the G4 Guidelines Reporters should consider this content when defining what is material The G4 Sector Disclosures are versions of the 10 GRI G3/G3.1 Sector Supplements reorganized to fit the structure and content of the G4 Guidelines Download these on GRI s website

40 Feedback on G4? You are invited to provide feedback on G4. Fill in the Feedback form available on the GRI s website Use the Feedback Platform to provide your comments on the PDF documents Send an to feedback@globalreporting.org

41 Get started with G4! Read this Booklet for SMEs This booklet is aimed at SMEs that are considering whether sustainability reporting is relevant for them. It provides a simple introduction to (G4) sustainability reporting, that can help SMEs take their first small steps in their sustainability journey. Currently available in Arabic, Bahasa- Indonesian, Brazilian-Portuguese, Chinese, English, French, German, Italian, Spanish, Simplified Chinese, Traditional Chinese and Vietnamese.

42 Get started with G4! Access G4 Online for a quick navigation of the Guidelines

43 G4 reporting resources Making reporting easier for you Generate a customized Content Index with the G4 Content Index Tool. Also available in French, German, Greek, Simplified Chinese and Spanish Making reporting easier for your stakeholders Help investors, auditors and analysts to access information in your G4 report faster, and more simply with the G4 XBRL Taxonomy

44 G4 transition resources Moving from G3 to G4? Get an Overview of changes in Standard Disclosures between G3 and G4 Moving from G3.1 to G4? Get an Overview of changes in Standard Disclosures between G3.1 and G4

45 G4 links with other frameworks - I UNGC ISO CDP climate

46 G4 links with other frameworks - II IRIS CDP water UNGP

47 G4 links with other frameworks EU Directive CASS (China)

48 G4 topic-specific guides Disability (GRI & Fundación ONCE)

49 G4 topic-specific guides GRI has also collaborated on the following guides: Children (UNICEF) Water (CEO Water Mandate) SDGs (UNGC & WBCSD)

50 Sector Materiality Resources Sustainability Topics for Sectors What Matters to Reporters and Investors

51 Sustainable Development Goals GRI s role in enabling business & government action The SDGs call for worldwide joint action among governments, business, and civil society to end poverty, create a life of dignity and opportunity for all, and ensure the planet s stability by 2030 They help to connect business commitments with global priorities SDG Compass. Triple alliance with UNGC and WBCSD Linking the SDG s and GRI

52 G4 reports examples Find examples of G4 reports in the GRI Database:

53 G4 insight A closer look at remuneration in G4 This article looks at the reasons behind the remuneration updates in the G4 Guidelines and examines the added value the G4 disclosures bring to companies. Read more And more articles in the GRI s Newsletter.

54 GRI services

55 GRI Support Suite Tools and services covering the whole reporting cycle Report preparers: help prepare your report align reporting with GRI Guidelines give your reporting exposure to a wider audience provide insights into sustainability data Report users: help to understand sustainability reporting Help to navigate GRI reports and locate and discover others

56 Q&A

57 Contact For technical enquiries, please write to To provide your feedback or ask for information about the feedback tools, please write to To get in touch with the Corporate & Stakeholder Relations team, for resources, registrations for future session or additional support

58 Upcoming sessions Topic Date 2. Materiality and Boundaries May 3 rd, 9am and 4:30pm CET 3. Supply Chain June 21 st, 9am and 4:30pm CET 4. Governance and Disclosures on Management Approach (DMA) 5. In accordance and Transition to Standards September 6th, 9am and 4:30pm CET November 8th, 9am and 4:30pm CET 6. The GRI Support Suite January 24 th, 9am and 4:30pm CET Register via GOLD private pages or get in touch and we will share registration links Case studies to share practical insights and experiences Opportunity to deliver input and tailor session to your needs Recordings can be found on private pages

59 Thank you! Corporate &Stakeholder Relations Team