GRI Compliance / Universal Standards

Management Approach 2016

For Management Response click here.

For Reporting Boundaries and Methodologies click here.

REFTilaDisclosureOur Response

GRI 103-01

Full Disclosure

Explanation of the material topic and its Boundary

For each material topic, the reporting organization shall report the following information:

  1. An explanation of why the topic is material.
  2. The Boundary for the material topic, which includes a description of:
    1. where the impacts occur;
    2. the organization’s involvement with the impacts. For example, whether the organization has caused or contributed to the impacts, or is directly linked to the impacts through its business relationships.
  3. Any specific limitation regarding the topic Boundary.

The following GRI aspects are particularly material to our organisation: biodiversity; climate change; waste; water consumption; community engagement; health, safety and well-being; talent and development; business, ethics and integrity; data and cyber security; local economic contributions; employee diversity and inclusion; governance accountability and culture.

We have identified some GRI aspects which are not relevant to our business, e.g., Customer Health and Safety; Marketing and Labeling; etc.

See page 64 in the Materiality Assessment section of the Annual Report.

GRI 103-02

Full Disclosure

The management approach and its components

For each material topic, the reporting organization shall report the following information:

  1. An explanation of how the organization manages the topic.
  2. A statement of the purpose of the management approach.
  3. A description of the following, if the management approach includes that component:
    1. Policies;
    2. Commitments;
    3. Goals and targets;
    4. Responsibilities;
    5. Resources;
    6. Grievance mechanisms;
    7. Specific actions, such as processes, projects, programs and initiatives.

See relevant topics.

GRI 103-03

Full Disclosure

Evaluation of the management approach

For each material topic, the reporting organization shall report the following information:

  1. An explanation of how the organization evaluates the management approach, including:
    1. the mechanisms for evaluating the effectiveness of the management approach;
    2. the results of the evaluation of the management approach;
    3. any related adjustments to the management approach.

See relevant topics.