GRI - General Disclosures

GRI - General Disclosures

General Disclosures are a part of the GRI Standards and provide an overview of the organization and its sustainability reporting practices. These disclosures are intended to give context and background information that can help stakeholders understand the organization's sustainability performance.

General Disclosures cover the following areas:

Organizational Profile:

 This section provides information about the organization's identity, governance structure, and operations. It includes details such as the organization's legal form, ownership structure, and location(s) of its operations.

Strategy and Analysis: 

This section provides information on the organization's sustainability strategy and how it has been developed. It also includes information on how the organization identifies and prioritizes sustainability issues.

Ethics and Integrity: 

This section provides information on the organization's values and ethical principles, and how it promotes these throughout the organization. It also includes information on how the organization manages ethical and integrity issues.

Governance: 

This section provides information on the organization's governance structure, including the roles and responsibilities of the board of directors and other governance bodies.

Stakeholder Engagement:

This section provides information on how the organization engages with its stakeholders, including who its stakeholders are and how it communicates with them.

Report Parameters: 

This section provides information on the reporting process, including the reporting period, the scope of the report, and any changes in reporting methods.

Overall, General Disclosures are important because they provide context for the specific sustainability issues that are reported in the rest of the GRI Standards. By providing a comprehensive overview of the organization's sustainability performance, General Disclosures help stakeholders better understand the organization's sustainability practices and performance, which can help build trust and credibility.

 

General Disclosures in Detail:

 

General Disclosures - Organizational Profile

General Disclosures - Organizational Profile is a part of the GRI Standards that provides information about the organization and its sustainability reporting practices. The Organizational Profile section is the first section of the GRI Standards and it is designed to provide stakeholders with an overview of the organization's identity, governance structure, and operations. This section includes the following information:

Organizational Identity: 

This section provides information about the organization's name, primary brands, and operational structure. It also includes information about the organization's legal form, ownership structure, and location(s) of its operations.

Primary Brands, Products, and Services:

This section provides information about the organization's primary brands, products, and services. It includes information on the organization's main products and services, and how they are marketed and distributed.

Operational Structure: 

This section provides information about the organization's operational structure, including the number of employees, locations, and facilities. It also includes information on the organization's supply chain and value chain.

Supply Chain:

This section provides information on the organization's supply chain, including its suppliers, procurement practices, and supply chain management practices. It also includes information on how the organization manages its supply chain risks and opportunities.

Value Chain: 

This section provides information on the organization's value chain, including its upstream and downstream activities. It includes information on the organization's inputs and outputs, and how it manages its environmental and social impacts throughout the value chain.

Organizational Governance: 

This section provides information on the organization's governance structure, including the roles and responsibilities of the board of directors and other governance bodies. It also includes information on the organization's policies and procedures for managing sustainability issues.

Overall, the Organizational Profile section of the GRI Standards is important because it provides context and background information that can help stakeholders understand the organization's sustainability performance. By providing a comprehensive overview of the organization's identity, governance structure, and operations, the Organizational Profile can help stakeholders better understand the organization's sustainability practices and performance, which can help build trust and credibility.

 

 

 

General Disclosures - Strategy and Analysis

General Disclosures - Strategy and Analysis is a part of the GRI Standards that provides information about the organization's sustainability strategy, its approach to sustainability management, and how it identifies and prioritizes sustainability issues. This section includes the following information:

Statement from the CEO or equivalent: 

This section includes a statement from the CEO or equivalent outlining the organization's commitment to sustainability and its approach to managing sustainability issues. The statement should provide information on the organization's sustainability vision, goals, and priorities.

Description of key impacts, risks, and opportunities: 

This section provides information on the key sustainability impacts, risks, and opportunities that the organization faces. It should include information on how the organization identifies and assesses these issues, and how it prioritizes them.

Management approach: 

This section provides information on the organization's approach to managing sustainability issues. It should include information on the policies, procedures, and systems that the organization has in place to manage sustainability issues, and how it integrates sustainability considerations into its decision-making processes.

Targets and performance: 

This section provides information on the organization's sustainability targets and performance. It should include information on the progress that the organization has made towards its sustainability targets, as well as any challenges or opportunities that it has encountered.

Stakeholder engagement: 

This section provides information on the organization's stakeholder engagement practices. It should include information on how the organization identifies and engages with its stakeholders, and how it incorporates stakeholder feedback into its sustainability management approach.

Reporting practices: 

This section provides information on the organization's sustainability reporting practices. It should include information on the frequency and format of the organization's sustainability reporting, as well as any external assurance or verification of the organization's sustainability data.

Overall, the Strategy and Analysis section of the GRI Standards is important because it provides information on the organization's sustainability strategy and approach to sustainability management. By providing information on the key sustainability impacts, risks, and opportunities that the organization faces, and how it manages these issues, the organization can demonstrate its commitment to sustainability and its transparency in sustainability reporting. This section can also help stakeholders understand the organization's approach to sustainability management and identify areas where the organization can improve its sustainability performance.

 

Ethics and Integrity:

General Disclosures - Ethics and Integrity is a part of the GRI Standards that provides information about the organization's commitment to ethical behavior and integrity, including its policies, procedures, and management approach to prevent corruption and unethical behavior. This section includes the following information:

Governance structure and processes:

This section provides information on the organization's governance structure and processes related to ethics and integrity. It should include information on the roles and responsibilities of the board of directors and other governance bodies related to ethics and integrity, as well as the policies and procedures in place to manage ethical issues.

Code of ethics and conduct: 

This section provides information on the organization's code of ethics and conduct. It should include information on the content of the code, how it is communicated to employees and stakeholders, and how it is enforced.

Whistleblower protection: 

This section provides information on the organization's whistleblower protection policies and procedures. It should include information on how employees can report unethical behavior or corruption, and how the organization protects whistleblowers from retaliation.

Anti-corruption policies and procedures: 

This section provides information on the organization's anti-corruption policies and procedures. It should include information on the policies and procedures in place to prevent bribery, fraud, and other forms of corruption, and how the organization manages corruption risks.

Supplier and contractor relationships: 

This section provides information on the organization's policies and procedures related to supplier and contractor relationships. It should include information on the due diligence process for selecting and monitoring suppliers and contractors, and how the organization manages corruption risks related to these relationships.

Training and awareness:

 This section provides information on the organization's training and awareness programs related to ethics and integrity. It should include information on the training provided to employees and stakeholders on ethical behavior and integrity, and how the organization promotes awareness of its code of ethics and conduct.

Overall, the Ethics and Integrity section of the GRI Standards is important because it demonstrates the organization's commitment to ethical behavior and integrity, and its efforts to prevent corruption and unethical behavior. By providing information on the policies, procedures, and management approach related to ethics and integrity, the organization can demonstrate its transparency and accountability in addressing these issues. This section can also help stakeholders understand the organization's approach to ethics and integrity, and identify areas where the organization can improve its performance in these areas.

 

 

Governance:

General Disclosures - Governance is a part of the GRI Standards that provides information about the organization's governance structure, policies, and practices. This section includes the following information:

Governance structure and composition:

This section provides information on the organization's governance structure and composition. It should include information on the roles and responsibilities of the board of directors, executive management, and other governance bodies, as well as the processes for selecting and evaluating board members.

Independence of the board: 

This section provides information on the independence of the board of directors. It should include information on the proportion of independent directors on the board, as well as any measures in place to ensure that the board acts independently and in the best interests of the organization.

Governance policies and practices:

 This section provides information on the organization's governance policies and practices. It should include information on the policies and procedures in place to manage conflicts of interest, related party transactions, and other governance issues.

Risk management: 

This section provides information on the organization's risk management policies and practices. It should include information on the processes for identifying and assessing risks, as well as the measures in place to manage and mitigate these risks.

Remuneration policies and practices: 

This section provides information on the organization's remuneration policies and practices. It should include information on the processes for determining executive and board remuneration, as well as any measures in place to align remuneration with performance and long-term value creation.

Board diversity: 

This section provides information on the diversity of the board of directors. It should include information on the diversity of the board in terms of gender, age, ethnicity, and other relevant factors, as well as any measures in place to promote diversity on the board.

Overall, the Governance section of the GRI Standards is important because it provides information on the organization's governance structure, policies, and practices. By providing information on these issues, the organization can demonstrate its transparency and accountability in managing its affairs, as well as its commitment to good governance practices. This section can also help stakeholders understand the organization's approach to governance, and identify areas where the organization can improve its governance practices.

 

Stakeholder Engagement:

General Disclosures - Stakeholder Engagement is a part of the GRI Standards that provides information about the organization's engagement with its stakeholders. This section includes the following information:

Identification of stakeholders: 

This section provides information on the identification of the organization's stakeholders. It should include information on the processes for identifying and prioritizing stakeholders, as well as the methods used to engage with them.

Stakeholder engagement: 

This section provides information on the organization's stakeholder engagement activities. It should include information on the methods used to engage with stakeholders, such as surveys, consultations, and other forms of dialogue, as well as the outcomes of these activities.

Key topics and concerns: 

This section provides information on the key topics and concerns raised by stakeholders. It should include information on the issues that stakeholders consider to be most important, as well as the organization's response to these issues.

Grievance mechanisms: 

This section provides information on the organization's grievance mechanisms. It should include information on the processes for receiving and addressing stakeholder complaints and concerns, as well as any measures in place to ensure that these mechanisms are effective and accessible to all stakeholders.

Overall, the Stakeholder Engagement section of the GRI Standards is important because it provides information on the organization's engagement with its stakeholders. By providing information on stakeholder engagement, the organization can demonstrate its commitment to transparency, accountability, and responsiveness to stakeholder concerns. This section can also help stakeholders understand the organization's approach to stakeholder engagement, and identify areas where the organization can improve its engagement practices.

 

Report Parameters:

General Disclosures - Report Parameters is a part of the GRI Standards that provides information about the scope and boundary of the sustainability report. This section includes the following information:

Reporting period:

This section provides information on the reporting period for the sustainability report. It should include the start and end dates of the reporting period, as well as any changes in the reporting period from previous years.

Reporting cycle:

This section provides information on the reporting cycle for the sustainability report. It should include information on whether the report is published annually, biennially, or on some other cycle.

Report boundary:

This section provides information on the boundaries of the sustainability report. It should include information on the organizations or entities covered by the report, as well as any exclusions or limitations on the report's scope.

Materiality: 

This section provides information on the material issues covered in the sustainability report. It should include information on the process used to identify and prioritize material issues, as well as the outcomes of this process.

Assurance:

This section provides information on the assurance or verification of the sustainability report. It should include information on whether the report has been externally assured or verified, and if so, by whom and to what extent.

GRI Standards: 

This section provides information on the GRI Standards used in the sustainability report. It should include information on the GRI Standards and indicators covered in the report, as well as any departures from the GRI Standards.

Overall, the Report Parameters section of the GRI Standards is important because it provides information on the scope, boundary, and materiality of the sustainability report. By providing information on these issues, the organization can demonstrate its commitment to transparency and accountability in reporting on its sustainability performance. This section can also help stakeholders understand the organization's approach to sustainability reporting, and identify areas where the organization can improve its reporting practices.