Requirements 1-4 Flashcards
Reporting in accordance with the GRI Standards enables an organization to provide
a comprehensive picture of its
most significant impacts on the economy, environment, and people, including impacts on their human rights, and
how it manages these impacts.
Reporting in accordance with the GRI Standards allows information users to make informed assessments and decisions about
the organization’s impacts and its contribution to sustainable development.
The organization must comply with all nine requirements in this section to report in accordance with the GRI Standards, which are
Requirement 1: Apply the reporting principles
Requirement 2: Report the disclosures in GRI 2: General Disclosures 2021
Requirement 3: Determine material topics
Requirement 4: Report the disclosures in GRI 3: Material Topics 2021
Requirement 5: Report disclosures from the GRI Topic Standards for each material topic
Requirement 6: Provide reasons for omission for disclosures and requirements that the organization
cannot comply with
Requirement 7: Publish a GRI content index
Requirement 8: Provide a statement of use
Requirement 9: Notify GRI
If the organization does not comply with all nine requirements, it cannot
claim that it has prepared the reported information in accordance with the GRI Standards.
In the case where the organization cannot claim that is has prepared the reported information in accordance with the GRI Standards, the organization may be able to:
claim that it has prepared the reported information with reference to the GRI Standards,
provided it complies with the requirements
specified in ‘Reporting with reference to the GRI Standards’ at the end of this section.
Requirement 1 is
Requirement 1: Apply the reporting principles
Requirement 1: Apply the reporting principles discloses that
The organization shall apply all the reporting principles specified in section 4 of GRI 1: Foundation 2021.
Requirement 2 is
Requirement 2: Report the disclosures in GRI 2: General
Disclosures 2021
Requirement 2: Report the disclosures in GRI 2: General
Disclosures 2021 discusses that
The organization shall report all disclosures in GRI 2: General Disclosures 2021.
Requirement 2: Report the disclosures in GRI 2: General
Disclosures 2021
the reasons for omission are permitted for all disclosures in GRI 2 except for:
-Disclosure 2-1 Organizational details
• Disclosure 2-2 Entities included in the organization’s sustainability reporting
• Disclosure 2-3 Reporting period, frequency and contact point
• Disclosure 2-4 Restatements of information
• Disclosure 2-5 External assurance
in regards to Requirement 2, if the organization cannot comply with a disclosure or with a requirement in a disclosure for which reasons of omission are permitted, then the organization is required to
specify in the GRI content index the disclosure or the requirement it cannot comply with, and provide a reason for omission with an explanation.
Requirement 3 is
Requirement 3: determining material topics
in Requirement 3: Determine material topics, the organization shall
determine its material topics
in Requirement 3: Determine material topics, the organization shall review the GRI Sector Standards that apply to its sector and
determine whether each topic in the applicable Sector Standard(s) is a material topic for the organization
list in the GRI content index any topics from the applicable Sector Standard(s) that the organization has determined as not material and explain why they are not material.
In Requirement 3: Determining material topics, the guidance 3-a within on how to determine material topics involves:
The organization is required to determine its material topics based on its specific circumstances.
Using the GRI Sector Standards supports the organization in this process. The Sector Standards provide information
for organizations about their likely material topics.
The organization is required to use the applicable Sector Standards when determining its material topics.
