Sustainability Reporting - Global Reporting Initiative (GRI) G4.pdf

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Sustainability Reporting: Global Reporting Initiative (GRI) G4 Sustainability Reporting in Indonesia: In Indonesia, the number of companies publishing sustainability reports has increased exponentially, from 6 reports in 2009 to 37 in 2014 - with more than half adopting the GRI framework. This signals that companies in Indonesia are becoming increasingly aware of the importance and usefulness of sustainability reporting, as well as the integration of sustainability into their strategy. A sustainability report is rapidly going from being a “nice-to-have” – to a must-have. Main regulatory drivers in Indonesia: Regulation No.KEP-431/BL/2012 on Annual Reporting for Publicly Listed Companies to disclose CSR including policies, types of programs, and expenditure on: environmental performance, labour practices, social and community empowerment, and product responsibility. Government Regulation no. 47/2012 stating that companies’ annual reports should contain social and environmental responsibilities. Sustainability Reporting can help you to: Better manage your sustainability risks Engage and manage stakeholders in a more structured manner Set targets and improve performance Benchmark against other companies in the industry Enhance credibility, accountability and transparency Improve your brand and reputation as a responsible organisation What is GRI G4: The Global Reporting Initiative (GRI) is one of the most widely used frameworks for sustainability reporting. In May 2013, GRI issued new guidelines-”G4”. G4 places the concept of materiality at the heart of sustainability reporting. The framework sets out the principles and indicators that organisations can use to measure and
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