Guidance, Tools and Standards

Reporting Guidelines

AccountAbility - AA 1000 Frameworks The AA1000 is a process standard for social and ethical accounting, auditing and reporting, and for improving the quality of stakeholder engagements. Its underlying principles are inclusivity, materiality, completeness and responsiveness. www.accountability21.net

Global Reporting Initiative – Reporting Guidelines The GRI’s mission is to develop and disseminate globally applicable Sustainability Reporting Guidelines. The guidelines propose three areas of performance indicators: economic (direct and indirect impacts), environmental (e.g. use of materials and energy) and social (labour practices, human rights, society, product responsibility). www.globalreporting.org

Accounting Standards Board - Reporting Statement: Operating and Financial Review (2006) This Reporting Statement sets out best practice for preparing an Operating and Financial Review (OFR). The OFR should be an analysis of the business from the directors’ point of view with a forward looking orientation. The Reporting statement suggests that the OFR includes information about environmental, employee, social and community matters. www.frc.org.uk/images/uploaded/documents/Reporting%20Statements%20OFR%20web.pdf