GRI INDEX 2016/17
The GRI Index is an addition to the annual report. Holland Colours reports according to the G4 reporting guidelines of the Global Reporting Initiative (GRI). The index on this website uses the fourth generation rapporting guideline G4 that was launched in the summer of 2013.
Standard disclosuresThe left part of the Menu under Index contains the standard indicators. This section contains all aspects of corporate social responsibility that all companies report, regardless the specific characteristics of a company. Organizations that report according to the G4 guidelines, need to report all standard indicators of the application level CORE. Organizations that report according to the G4 guidelines, on the level COMPREHENSIVE need to report all standard indicators, both CORE and COMPREHENSIVE indicators. Organizations that report on the level CORE can choose to report indicators that have been labelled COMPREHENSIVE. If the information was available, the COMPREHENSIVE indicators have been covered too.
Guidelines for reporting on standard informationHolland Colours wishes to report on the CORE application level. However, not all CORE indicators may have been fully covered yet. In the years after starting the CSR reporting and in the coming reporting years, more information will be added when this becomes available.
Specific disclosuresThe right part of the Menu under Index contains the specific indicators. This section contains the company's specific aspects of corporate social responsibility. The determination of whether an aspect is material for the organization is based on both an internal stakeholderdialogue and a review of nine CSR reports from companies in the chemical sector. More details can be found in G4-18.
Aspects have been valued on a scale of 2 to 10, as a sum of scores for impact and relevance (both scores valued from 1 to 5). Based on this, the specific aspects of corporate social responsibility were classified into three categories:
- Crucial: The combined score for impact and relevance is 8 points or more.
- Important: The combined score for impact and relevance is 6 or 7 points.
- Unimportant: The combined score for impact and relevance is 5 points or less.
Reporting on specific informationThe specific indicators have been reported on per aspect. As can be seen in the figure below, every aspect has been provided with as symbol of the materiality matrix. The red part of it represents the significance on the axes relevance and impact.
|Anti-corruption||Actions and measures to combat corruption. According to www.corruptie.org corruption is defined as the misuse of entrusted power for private gain.|
|Aspect||Subject from the GRI guidelines. Aspects may be composed of several indicators.|
|CO2-emissions||The emission of greenhouse gases as a result of the burning of fossil fuels.|
|CORE||Standard application level of G4, whereby at least one indicator of all material aspects is reported.|
||Extended application level of G4, whereby all indicators of all material aspects are reported.|
|Diversity||Describes the composition of personnel, management and governance bodies subdivided into employee categories on the basis of gender, age group and minorities.|
|GHG-Protocol||The Greenhouse Gas Protocol is a means of quantifying and managing greenhouse gas emissions.|
|GRI||The Global Reporting Initiative is the organisation that issues the global guideline for reporting on Corporate Social Responsibility.|
|Impact||The degree to which according to specialists and generally accepted guidelines an aspect affects economic, environmental and social issues.|
|G4||G4 is the fourth generation of the GRI guideline, published in 2013.|
|Indicator||Part of the GRI guideline on which reporting can be made in a defined way. The precise GRI definition of an indicator on this website can be found by clicking the GRI icon in the right column.|
|Material aspects||Material aspects are issues for which the combination of impact and relevance is so great that the company decides to report on them.|
|NGO||Non-governmental organisation, an organisation that is independent of the government and focuses on issues of public interest in one way or another.|
|Relevance||The extent to which stakeholders attach importance to an aspect in their assessments and decisions.|
||Organisations or groups of people that can reasonably be expected to experience significant effects from the activities and products of the organisation. Stakeholders include employees, shareholders, suppliers, the government and NGOs. A description of the stakeholders is reported in this index in chapter Stakeholder engagement.|
|Training & Education||Relates to:
I like coming to help and talk with people and getting to know them a little bit.
Charlie Baker, Holland Colours’ Receiving Department