GRI G4 Guidelines and the EU Directive

GRI released the publication “Making headway in Europe”, which sets out the links between GRI’s G4 Guidelines and the recently adopted European Directive on disclosure of non-financial and diversity information. The linkage document specifies how G4 can be used to gather information, and formulate responses, to each element of the European Directive.

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.

Source: Global Reporting Initiative