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Standard Disclosures Paper

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G-3 GRI guidelines on Standard Disclosures:
Whilst the format and structure of sustainability reports may differ, a report aligned with the GRI guidelines would be expected to contain the following levels of disclosure. In planning the development of a sustainability report, companies should gain familiarity with these disclosures as there may be an expectation among the company's stakeholders that the resultant report would cover these areas.
Table 4.5: GRI G-3 Report Content: Five Components
Report Component Content

Strategy and profile Providing stakeholders with the context for a company’s sustainability reporting and associated sustainability performance. As outlined in the guidelines, this section would be expected to include the following …show more content…

number of employees) and geographic locations.
Report parameters Information concerning the reporting period, process for determining report scope and boundaries (including whether a 'materiality assessment process' has been applied), any limitations in scope/boundaries of the report, a table referencing standard disclosures contained within the report to the GRI and an insight into the company's policy and practice concerning external assurance for the report.
Governance, commitments and engagement Information on the company's governance structures and associated processes, commitment to external initiatives (e.g. Global Compact, industry specific initiatives) and an overview of stakeholder engagement processes.
Management approach and performance Indicators Companies adopting the GRI guidelines are expected to report across a range of performance indicators unless they are deemed not material to the company ( 'The issue of materiality').
Source: “Sustainability Reporting Guidelines”, Global Reporting Initiative (GRI), …show more content…

Key company, policies, strategies, operational management systems, goals, and targets.
The main topics and future challenges for the sector reported by peers and competitors. The interests/expectations of stakeholders specifically invested in the success of the company (e.g. employees, shareholders, and suppliers).
Relevant laws, regulations, international agreements, or voluntary agreements with strategic significance to the company and its stakeholders. Significant risks to the organisation.
Reasonably estimable sustainability impacts, risks, or opportunities (e.g. global warming, HIV-AIDS, poverty) identified through sound investigation by people with recognised expertise, or by expert bodies with recognized credentials in the field. Critical factors for enabling organisational success. The core competencies of the company and the manner in which they can or could contribute to sustainable

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