The Global Reporting Initiative has published a document that sets out the links between GRI’s G4 guidelines and the recently adopted European Directive on disclosure of non-financial and diversity information.
“This linkage document shows why organizations that fall under the Directive should use G4, and how they can do so,” said GRI’s deputy chief executive Teresa Fogelberg.
Following the adoption by the Council of the European Union the Directive entered into force in December 2014. As a result, 6,000 large, public interest enterprises, within the European Union, will have to report on a number of sustainability matters.
The Directive covers issues such as environmental, social and labor impacts, along with anti-corruption, bribery and respect for human rights. The reports or statements, produced in response to the Directive, will also need to include a description of the policies, outcomes and the risks related to those topics.