What are the material issues the company has identified?

In its 2019 Sustainability Report Lockheed Martin identified a range of material issues, such as occupational health and safety, customer privacy, diversity and equal opportunity, customer health and safety. Among these, combating corruption stands out as a key material issue for Lockheed Martin.

Stakeholder engagement in accordance with the GRI Standards              

The Global Reporting Initiative (GRI) defines the Principle of Stakeholder Inclusiveness when identifying material issues (or a company’s most important impacts) as follows:

“The reporting organization shall identify its stakeholders, and explain how it has responded to their reasonable expectations and interests.”

Stakeholders must be consulted in the process of identifying a company’s most important impacts and their reasonable expectations and interests must be taken into account. This is an important cornerstone for CSR / sustainability reporting done responsibly.

Key stakeholder groups Lockheed Martin engages with:

How stakeholder engagement was made to identify material issues

To identify and prioritise material topics Lockheed Martin held six stakeholder workshops and conducted surveys with over 90 participants, including more than 60 employees and 30 external stakeholders.

What actions were taken by Lockheed Martin to combat corruption?

In its 2019 Sustainability Report Lockheed Martin reports that it took the following actions for combating corruption:

• Empowering employees with anti-corruption awareness resources
• Lockheed Martin empowers its employees with anti-corruption awareness resources and the ability to report any questions or concerns for conduct that would violate Lockheed Martin’s anti-corruption policy. Some of these resources include:
  • Lockheed Martin’s Supplier Code of Conduct, which Lockheed Martin updated in 2019. The Code expresses Lockheed Martin’s ethical expectations of suppliers and is referenced in all purchase orders. Lockheed Martin expanded its expectations for pollution prevention, equal employment opportunity, and a drug-free workplace.
  • Gifts Decision Tree is an interactive guide for employees that covers giving and receiving gifts, hospitality, and other business courtesies.
  • CPS-730 is Lockheed Martin’s corporate policy statement on Compliance with Anti-Corruption Laws.
• In addition to these tools, employees can engage their local Ethics Officer, the Corporate Ethics Office, Human Resources, or Lockheed Martin’s Legal team for guidance, to ask questions, and to raise concerns without fear of retaliation. All Lockheed Martin employees are required to take regular Business Conduct Compliance Training (BCCT).

• Launching an enhanced third-party compliance tool
• Lockheed Martin’s Anti-Bribery and Corruption team has developed a new workflow tool to improve management of anticorruption due diligence on third parties, such as suppliers, teammates, and business ventures. This tool will allow Lockheed Martin to standardise due diligence across the business areas and reduce review time by its legal team. It will also allow Lockheed Martin to more efficiently document all the information that is considered when deciding whether to proceed with engaging a third party, given the likely degree of compliance with its anti-corruption requirements.

• Promoting automated corruption monitoring
• Lockheed Martin launched an improved tool for automated anti-corruption monitoring. The tool allows Lockheed Martin to analyse flagged transaction records from more data sources, improving both accuracy and efficiency. The result is more efficient use of human review time and analysis of flagged transactions, which in turn allows for rapid and focused attention on specific flagged transactions. The tool also enables Lockheed Martin to better identify the public officials and countries with which it most frequently engages, and which groups of employees might benefit from refresher training on gifts and business courtesy so that they are well-equipped to create plans for mitigating associated risks.

• Fostering knowledge sharing
• Individually and as a leader with industry groups, such as the Defense Industry Initiative on Business Ethics and Conduct, Lockheed Martin provides collaborative support and experience to assist others in strengthening their own ethics and compliance programmes. Lockheed Martin also regularly shares its ethics and compliance resources and best practices at public events, industry conferences, and other interactive venues.

Which GRI Standards and corresponding Sustainable Development Goals (SDGs) have been addressed?

The GRI Standards addressed in this case are:

1) Disclosure 205-1 Operations assessed for risks related to corruption

2) Disclosure 205-2 Communication and training about anti-corruption policies and procedures

3) Disclosure 205-3 Confirmed incidents of corruption and actions taken

Disclosure 205-1 Operations assessed for risks related to corruption corresponds to:

• Sustainable Development Goal (SDG) 16: Peace, Justice and Strong Institutions
• Targets: 16.5

Disclosure 205-2 Communication and training about anti-corruption policies and procedures corresponds to:

• Sustainable Development Goal (SDG) 16: Peace, Justice and Strong Institutions
• Targets: 16.5

Disclosure 205-3 Confirmed incidents of corruption and actions taken corresponds to:

• Sustainable Development Goal (SDG) 16: Peace, Justice and Strong Institutions
• Targets: 16.5

78% of the world’s 250 largest companies report in accordance with the GRI Standards

SustainCase was primarily created to demonstrate, through case studies, the importance of dealing with a company’s most important impacts in a structured way, with use of the GRI Standards. To show how today’s best-run companies are achieving economic, social and environmental success – and how you can too.

Research by well-recognised institutions is clearly proving that responsible companies can look to the future with optimism.

7 GRI sustainability disclosures get you started

Any size business can start taking sustainability action

GRI, ISEP, CPD Certified Sustainability courses (2-5 days): Live Online or Classroom  (venue: London School of Economics)

• Exclusive FBRH template to begin reporting from day one
• Identify your most important impacts on the Environment, Economy and People
• Formulate in group exercises your plan for action. Begin taking solid, focused, all-round sustainability action ASAP. 
• Benchmarking methodology to set you on a path of continuous improvement

See upcoming training dates.
References:

1) This case study is based on published information by Lockheed Martin, located at the link below. For the sake of readability, we did not use brackets or ellipses. However, we made sure that the extra or missing words did not change the report’s meaning. If you would like to quote these written sources from the original, please revert to the original on the Global Reporting Initiative’s Sustainability Disclosure Database at the link:

http://database.globalreporting.org/

2) https://www.globalreporting.org/standards/gri-standards-download-center/

Note to Lockheed Martin: With each case study we send out an email requesting a comment on this case study. If you have not received such an email please contact us.

What are the material issues the company has identified?

In its 2019 Sustainability Report Fortuna identified a range of material issues, such as financial performance and creation of economic value, occupational health and safety management, human and organisational development, environmental management. Among these, combatting corruption stands out as a key material issue for Fortuna.

Stakeholder engagement in accordance with the GRI Standards              

The Global Reporting Initiative (GRI) defines the Principle of Stakeholder Inclusiveness when identifying material issues (or a company’s most important impacts) as follows:

“The reporting organization shall identify its stakeholders, and explain how it has responded to their reasonable expectations and interests.”

Stakeholders must be consulted in the process of identifying a company’s most important impacts and their reasonable expectations and interests must be taken into account. This is an important cornerstone for CSR / sustainability reporting done responsibly

Key stakeholder groups Fortuna engages with:

How stakeholder engagement was made to identify material issues

To identify and prioritise material topics Fortuna engaged with its stakeholders through on-line surveys, focus groups and interviews.

What actions were taken by Fortuna to combat corruption?

In its 2019 Sustainability Report Fortuna reports that it took the following actions for combatting corruption:

• Implementing a Code of Ethics
• Fortuna’s Code of Ethics sets out principals governing behaviour regarding 11 types of conduct, some of which are directly related to preventing acts of corruption, such as bribes, gifts, invitations and events involving a conflict of interest. All employees receive a copy of this code and are required to sign a certificate to acknowledge they have read it and will comply with the procedures and restrictions set out in the Code of Ethics. In 2019, Fortuna sought to strengthen knowledge of and compliance with the Code of Ethics by delivering a virtual course on its e-learning platform. Following completion of the course, employees were evaluated and received a certificate of compliance if they passed the test. The Code of Ethics also establishes how Fortuna’s reporting system functions. Under the system, any person who has knowledge of or is aware of a potential or suspected violation of the Code of Ethics is under an obligation to report it. Also, a whistle-blower system was designed to receive questions about ethical issues. Fortuna addresses breaches of the Code with strict confidentiality. The Code promotes the reporting of retaliation events against those who have submitted a complaint or who participate in an investigation through the above-mentioned channels. Fortuna does not tolerate any type of retaliation associated with complaints. The person responsible for overseeing the Code of Ethics is the Chief Compliance Officer (CCO). When a complaint is submitted, the CCO notifies the Chair of the Audit Committee and begins a thorough investigation. The CCO leads the process and reports directly to the Audit Committee. If needed, the CCO and the committee may request external legal advice. The CCO reports the cases to Fortuna’s Board through the Audit Committee. Fortuna also developed its Supplier Code of Ethics in 2019, to guide the ethical behaviour of its suppliers and other parties with whom it maintains business relationships. Like the Code of Ethics, this document describes certain behaviours associated with corruption, conflict of interest, gifts, etc. which are not acceptable in Fortuna. Fortuna provides a copy of this Code to all suppliers and requests that they sign an acknowledgement that they have read it and will comply with the provisions of the Code. The complaints associated with events of non-compliance with this Code follow the same procedure as the complaints in the Code of Ethics.

• Applying an Anti-corruption Policy
• Fortuna’s Anti-corruption Policy prohibits bribery, corruption, facilitation payments, gifts, and the payment of political contributions. The Policy provides limited situations in which expenses of government officials may be paid and places a dollar value limit on certain food and entertainment expenses. It also defines bribery and corruption, provides examples of what this may look like and defines government officials. This Policy also seeks to prevent employees and their family members from giving or receiving any gift, gratuity or invitation that could be perceived as an unjustified influence on a business relationship. Fortuna communicates this Policy by providing a copy to all new employees and all partners, agents, consultants, and other contractual parties who interact with government officials on the company’s behalf and conducts training on the Anti-corruption Policy for all employees in managerial and supervisory positions. Employees are requested to sign a certificate of compliance with this policy annually. This certificate serves to verify that they have not violated any of the terms and conditions of the policy and are unaware of any violation or potential violation of the policy. The person responsible for overseeing the Anti-corruption Policy is the CCO. Employees who become aware of a violation of the Policy must report the matter to their immediate supervisor/ manager or the CCO as soon as possible. If an employee reports the matter to their immediate supervisor/ manager, that supervisor/manager must immediately communicate the information to the CCO through the whistle-blower website. Where an employee does not want to report suspicious activity to their immediate supervisor/manager or directly to the CCO, then a report can be made anonymously through the whistle-blower website. The Policy provides that the CCO shall report all violations or potential violations of the Policy or applicable anti-bribery and anti-corruption laws to the Audit Committee, and the Audit Committee in consultation with the CCO shall determine the most appropriate method to investigate the substance of the complaints and ensure that there is appropriate monitoring of progress until the matter has been satisfactorily resolved. As needed, the CCO and the Audit committee may request external advice. When a complaint is submitted, the CCO notifies the Chair of the Audit Committee and begins a thorough investigation. The CCO reports the cases to Fortuna’s Board through the Audit Committee and, each year, the CCO requests each compliance officer of the subsidiaries in addition to the managers and chief financial officers to answer a series of questions seeking to verify that there have been no breaches of the Anti-corruption Policy. In addition, in connection with the annual preparation of audited financial statements, Fortuna is subjected to external audits by internationally recognised accounting firms such as KPMG and PwC on an annual basis, to verify compliance with the applicable sections of the Sarbanes-Oxley Act (SOX). These audits check that the channel to file complaints is active and functioning properly.

Which GRI Standards and corresponding Sustainable Development Goals (SDGs) have been addressed?

The GRI Standards addressed in this case are:

1) Disclosure 205-2 Communication and training about anti-corruption policies and procedures

2) Disclosure 205-3 Confirmed incidents of corruption and actions taken

Disclosure 205-2 Communication and training about anti-corruption policies and procedures corresponds to:

• Sustainable Development Goal (SDG) 16: Peace, Justice and Strong Institutions
• Targets: 16.5

Disclosure 205-3 Confirmed incidents of corruption and actions taken corresponds to:

• Sustainable Development Goal (SDG) 16: Peace, Justice and Strong Institutions
• Targets: 16.5

78% of the world’s 250 largest companies report in accordance with the GRI Standards

SustainCase was primarily created to demonstrate, through case studies, the importance of dealing with a company’s most important impacts in a structured way, with use of the GRI Standards. To show how today’s best-run companies are achieving economic, social and environmental success – and how you can too.

Research by well-recognised institutions is clearly proving that responsible companies can look to the future with optimism.

7 GRI sustainability disclosures get you started

Any size business can start taking sustainability action

GRI, ISEP, CPD Certified Sustainability courses (2-5 days): Live Online or Classroom  (venue: London School of Economics)

• Exclusive FBRH template to begin reporting from day one
• Identify your most important impacts on the Environment, Economy and People
• Formulate in group exercises your plan for action. Begin taking solid, focused, all-round sustainability action ASAP. 
• Benchmarking methodology to set you on a path of continuous improvement

See upcoming training dates.
 

References:

1) This case study is based on published information by Fortuna, located at the link below. For the sake of readability, we did not use brackets or ellipses. However, we made sure that the extra or missing words did not change the report’s meaning. If you would like to quote these written sources from the original, please revert to the original on the Global Reporting Initiative’s Sustainability Disclosure Database at the link:

http://database.globalreporting.org/

2) https://www.globalreporting.org/standards/gri-standards-download-center/

Note to Fortuna: With each case study we send out an email requesting a comment on this case study. If you have not received such an email please contact us.

What are the material issues the company has identified?          

In its 2019 Sustainability Report Grundfos identified a range of material issues, such as business performance, human rights, diversity and inclusion, environmental and water-related issues, climate change initiatives. Among these, combatting corruption stands out as a key material issue for Grundfos.

Stakeholder engagement in accordance with the GRI Standards              

The Global Reporting Initiative (GRI) defines the Principle of Stakeholder Inclusiveness when identifying material issues (or a company’s most important impacts) as follows:

“The reporting organization shall identify its stakeholders, and explain how it has responded to their reasonable expectations and interests.”

Stakeholders must be consulted in the process of identifying a company’s most important impacts and their reasonable expectations and interests must be taken into account. This is an important cornerstone for CSR / sustainability reporting done responsibly.

Key stakeholder groups Grundfos engages with: 

To identify and prioritise material topics Grundfos engaged with its stakeholders through the following channels:

What actions were taken by Grundfos to combat corruption?

In its 2019 Sustainability Report Grundfos reports that it took the following actions for combatting corruption:

• Implementing internal controls and audits
• To minimise the risk of corruption, Grundfos implements a number of rules regarding day-to-day processes. These include a mandatory ‘foureye’ principle stipulating that all transactions require approval from two people, and contract templates containing strict anti-corruption clauses stipulating Grundfos’ right to terminate in case of a breach. Monthly performance reports provide detailed information about the functioning of various business units. Grundfos’ Group Internal Audit Services (GIAS) issued a handbook that outlines the controls Grundfos expects to have in place within Grundfos companies. Since 2018, GIAS has worked together with central- and local finance organisations to roll out a list of key controls that make the Grundfos control environment stronger and more efficient. Process owners can assess the effectiveness of these controls through a central monitoring system. In 2019, GIAS introduced a fraud response plan, which is accessible on Insite (Grundfos’ internal communication platform). This initiative was undertaken to increase awareness of different types of fraud, and to provide a step-by-step guide for reporting and resolving incidents of fraud. Experience from audit visits and the use of the Fraud Response Plan allow GIAS to revise and update processes, procedures, and controls throughout Grundfos.

• Conducting compliance screening
• To minimise risk, Grundfos makes sure that all parties with whom it is affiliated, are screened against embargo- and sanctioned-party lists. Grundfos conducts full risk assessments prior to any acquisition and when performing business activities within a new business area or location. The legal department or other relevant functions (such as tax or treasure) prepare a report, and preapproval may only be obtained if the required due diligence process has been completed. Final approval by the Grundfos Group Board of Directors is required.

• Carrying out risk assessments
• Each year, Grundfos identifies its risk on an enterprise level, with local managers and top leaders carrying out the assessments. Group management then consolidates principal risks and sponsors mitigation activities. A Response and Activity Plan was formulated in 2018 by the legal department (amended in 2019) to cover and coordinate company activities designed to mitigate the identified risks. Relevant stakeholders approved the plan to ensure commitment and implementation throughout the organisation. In keeping with this plan, bi-yearly risk assessments are carried out in accordance with the United Nations Global Compact “Risk Assessment Guide.”

Which GRI Standards and corresponding Sustainable Development Goals (SDGs) have been addressed?

The GRI Standard addressed in this case is: Disclosure 205-1 Operations assessed for risks related to corruption

Disclosure 205-1 Operations assessed for risks related to corruption corresponds to:

• Sustainable Development Goal (SDG) 16: Peace, Justice and Strong Institutions
• Targets: 16.5

78% of the world’s 250 largest companies report in accordance with the GRI Standards

SustainCase was primarily created to demonstrate, through case studies, the importance of dealing with a company’s most important impacts in a structured way, with use of the GRI Standards. To show how today’s best-run companies are achieving economic, social and environmental success – and how you can too.

Research by well-recognised institutions is clearly proving that responsible companies can look to the future with optimism.

7 GRI sustainability disclosures get you started

Any size business can start taking sustainability action

GRI, ISEP, CPD Certified Sustainability courses (2-5 days): Live Online or Classroom  (venue: London School of Economics)

• Exclusive FBRH template to begin reporting from day one
• Identify your most important impacts on the Environment, Economy and People
• Formulate in group exercises your plan for action. Begin taking solid, focused, all-round sustainability action ASAP. 
• Benchmarking methodology to set you on a path of continuous improvement

See upcoming training dates.
References:

1) This case study is based on published information by Grundfos, located at the link below. For the sake of readability, we did not use brackets or ellipses. However, we made sure that the extra or missing words did not change the report’s meaning. If you would like to quote these written sources from the original, please revert to the original on the Global Reporting Initiative’s Sustainability Disclosure Database at the link:

http://database.globalreporting.org/

2) https://www.globalreporting.org/standards/gri-standards-download-center/

Note to Grundfos: With each case study we send out an email requesting a comment on this case study. If you have not received such an email please contact us.

What are the material issues the company has identified?

In its 2019 Sustainability Report TISCO Group identified a range of material issues, such as business performance and growth, customer data protection, risk management and business continuity, responsible lending, cyber security. Among these, combatting corruption stands out as a key material issue for TISCO Group.

Stakeholder engagement in accordance with the GRI Standards                        

The Global Reporting Initiative (GRI) defines the Principle of Stakeholder Inclusiveness when identifying material issues (or a company’s most important impacts) as follows:

“The reporting organization shall identify its stakeholders, and explain how it has responded to their reasonable expectations and interests.”

Stakeholders must be consulted in the process of identifying a company’s most important impacts and their reasonable expectations and interests must be taken into account. This is an important cornerstone for CSR / sustainability reporting done responsibly.

Key stakeholder groups TISCO Group engages with:

How stakeholder engagement was made to identify material issues

To identify and prioritise material topics TISCO Group engaged with its stakeholders through surveys.

What actions were taken by TISCO Group to combat corruption?

In its 2019 Sustainability Report TISCO Group reports that it took the following actions for combatting corruption:

• Implementing a Code of Conduct
• TISCO Group commits to materialise anti-corruption practices within the organisation and places great importance on a workplace environment that encourages internal control. Accordingly, TISCO Group’s Code of Conduct lays the foundation for nurturing a corporate culture of honesty and integrity within the Group’s operation. In addition, TISCO Group has constructed a reporting chain of command that provides a healthy balance of power whereby authorisation and responsibilities properly reflect the nature of work and where TISCO Group is able to work to achieve its goals.

• Applying anti-corruption policies and practices
• TISCO Group makes sure that its Anti-Corruption policies and practices are reviewed on a regular basis and are in compliance with others within the industry. The essence of the practices and policies are effectively communicated to executives and employees through various channels, such as the intranet, e-Learning, and town hall meetings. TISCO Group also incorporated an anti-corruption test as part of KPI (Key Performance Indicator) score, in which every employee is required to take a test and achieve a full score of 100. In 2019, 4,964 employees went through the e-Learning training on the subject, which accounted for 98.70 percent of the entire staff, excluding senior executives.

• Implementing a Supplier Code of Conduct
• TISCO Group delivers a Supplier Code of Conduct to each individual supplier to express the Group’s business intentions. TISCO Group requests that suppliers cooperate with the Group by signing and complying with the Supplier Code of Conduct, which incorporates anti-corruption practices. TISCO Group also expresses its intention to fight corruption by actively participating in activities held by organisations, associations, or other initiative groups that conduct anti-corruption activities.

• Applying a Whistleblowing Policy
• TISCO Group has formulated a Whistleblowing Policy that covers the processes and channels involved with expressing grievances and includes measures to protect whistleblowers. The policy and grievance channels are communicated to third parties and employees through TISCO Group’s website and the intranet, respectively.

• Establishing the HR Help Line
• To encourage reporting of mistakes and operational irregularities and ensure transparency, fairness, and equality, TISCO Group has established the HR Help Line as another independent channel to listen to employee grievances. Senior Executives have been appointed to represent the HR Help Line to ensure transparent and impartial review and operation. The filing person’s name is kept confidential in accordance with the TISCO Group’s practices of whistleblowing and grievance filing. Recognising the significance of complaints and grievances received from the various channels, TISCO Group examines these grievances on a transparent basis to deliver justice to every concerned party. After such an examination, if a staff is found to be involved in a violating practice, he/she will be subject to disciplinary action in accordance with TISCO Group’s work rules and regulations. In 2019, there were no grievances regarding irregular practices among staff filed through the channels.

Which GRI Standards and corresponding Sustainable Development Goals (SDGs) have been addressed?

The GRI Standards addressed in this case are:

1) Disclosure 205-2 Communication and training about anti-corruption policies and procedures

2) Disclosure 205-3 Confirmed incidents of corruption and actions taken

Disclosure 205-2 Communication and training about anti-corruption policies and procedures corresponds to:

• Sustainable Development Goal (SDG) 16: Peace, Justice and Strong Institutions
• Targets: 16.5

Disclosure 205-3 Confirmed incidents of corruption and actions taken corresponds to:

• Sustainable Development Goal (SDG) 16: Peace, Justice and Strong Institutions
• Targets: 16.5

78% of the world’s 250 largest companies report in accordance with the GRI Standards

SustainCase was primarily created to demonstrate, through case studies, the importance of dealing with a company’s most important impacts in a structured way, with use of the GRI Standards. To show how today’s best-run companies are achieving economic, social and environmental success – and how you can too.

Research by well-recognised institutions is clearly proving that responsible companies can look to the future with optimism.

7 GRI sustainability disclosures get you started

Any size business can start taking sustainability action

GRI, ISEP, CPD Certified Sustainability courses (2-5 days): Live Online or Classroom  (venue: London School of Economics)

• Exclusive FBRH template to begin reporting from day one
• Identify your most important impacts on the Environment, Economy and People
• Formulate in group exercises your plan for action. Begin taking solid, focused, all-round sustainability action ASAP. 
• Benchmarking methodology to set you on a path of continuous improvement

See upcoming training dates.
References:

1) This case study is based on published information by TISCO Group, located at the link below. For the sake of readability, we did not use brackets or ellipses. However, we made sure that the extra or missing words did not change the report’s meaning. If you would like to quote these written sources from the original, please revert to the original on the Global Reporting Initiative’s Sustainability Disclosure Database at the link:

http://database.globalreporting.org/

2) https://www.globalreporting.org/standards/gri-standards-download-center/

Note to TISCO Group: With each case study we send out an email requesting a comment on this case study. If you have not received such an email please contact us.

What are the material issues the company has identified?

In its 2019 Sustainability Report CIMB Niaga identified a range of material issues, such as economic performance, product portfolio and loan quality, customer information protection, emissions, job diversity and opportunities. Among these, combating corruption stands out as a key material issue for CIMB Niaga.

Stakeholder engagement in accordance with the GRI Standards              

The Global Reporting Initiative (GRI) defines the Principle of Stakeholder Inclusiveness when identifying material issues (or a company’s most important impacts) as follows:

“The reporting organization shall identify its stakeholders, and explain how it has responded to their reasonable expectations and interests.”

Stakeholders must be consulted in the process of identifying a company’s most important impacts and their reasonable expectations and interests must be taken into account. This is an important cornerstone for CSR / sustainability reporting done responsibly.

Key stakeholder groups CIMB Niaga engages with:

To identify and prioritise material topics CIMB Niaga engaged with its stakeholders through the following channels:

What actions were taken by CIMB Niaga to combat corruption?

In its 2019 Sustainability Report CIMB Niaga reports that it took the following actions for combating corruption:

• Implementing an Anti-Money Laundering & Terrorism Financing Prevention Programme (APU and PPT)
• CIMB Niaga implements an APU and PPT programme aimed to build an adequate risk culture at all organisational levels. The APU and PPT programme is undertaken by applying three lines of defence, as follows:
  • First Line of Defence, followed by the bank’s Business/ Control/Operations Units which conduct daily activities as the front line of the organisation.
  • Second Line of Defence, a monitoring function to ensure the first line of defence has carried out a proper function.
  • Third Line of Defence, a monitoring function of the APU and PPT Programmes carried out by the first and second lines of defence. This function is conducted by internal auditors, external auditors and the Board of Commissioners, to make sure that the first-line and second-line defence functions were effective.
• The implementation of APU and PPT activities is actively monitored by the Directors and Board of Commissioners. Implementation activities include the application of APU and PPT policies and procedures, the formation of the Anti-Money Laundering (AML) Group, APU and PPT training for employees, evaluation of effectiveness by internal parties, and reports to the Regulator. CIMB Niaga also applies Know Your Employee (KYE) as part of efforts to prevent APU, PPT and fraud.

• Applying an anti-fraud strategy
• Its anti-fraud strategy is CIMB Niaga’s commitment to zero tolerance for all types of fraud and perpetrators. Through the principle of anti-fraud and compliance in the working environment, CIMB Niaga believes that anti-fraud activities will be able to grow an integrity value. CIMB Niaga has also formed a special Anti-Fraud Management (AFM) unit to carry out the anti-fraud strategy implementation function. CIMB Niaga applies anti-fraud to all parties, both employees and partners, through anti-fraud and anti-corruption statements in the Cooperation Agreement (PKS), Work Order (SPK), a whistleblowing site, electronic mail to all vendors, as well as banners and posters in work areas. In order to support the developed anti-fraud value, CIMB Niaga carries out mandatory Anti-Fraud Awareness training for all employees. The training aims to increase employee knowledge about fraud prevention and its consequences. In 2019, 22.87% of CIMB Niaga’s employees participated in anti-fraud training. Anti-fraud training was carried out not only face-to-face but also through e-learning media and the Learning on the Go (LoG) application.

• Implementing a whistleblowing system
• CIMB Niaga has a whistleblowing system (WBS) and has appointed independent and professional third parties to manage complaints regarding fraud. The appointment of a third party aims to provide a comfortable and transparent process so that the reporter can submit a violation or fraud indication report. CIMB Niaga has gradually improved this reporting system, both the reporting mechanisms and the reporting media socialisation and also has an internal policy related to the whistleblowing system as outlined in the Whistleblowing Policy. In 2019, the whistleblowing service received 131 complaint reports and CIMB Niaga investigated and completed 34% of these.

Which GRI Standards and corresponding Sustainable Development Goals (SDGs) have been addressed?

The GRI Standard addressed in this case is: Disclosure 205-1 Operations assessed for risks related to corruption

Disclosure 205-1 Operations assessed for risks related to corruption corresponds to:

• Sustainable Development Goal (SDG) 16: Peace, Justice and Strong Institutions
• Targets: 16.5

78% of the world’s 250 largest companies report in accordance with the GRI Standards

SustainCase was primarily created to demonstrate, through case studies, the importance of dealing with a company’s most important impacts in a structured way, with use of the GRI Standards. To show how today’s best-run companies are achieving economic, social and environmental success – and how you can too.

Research by well-recognised institutions is clearly proving that responsible companies can look to the future with optimism.

7 GRI sustainability disclosures get you started

Any size business can start taking sustainability action

GRI, ISEP, CPD Certified Sustainability courses (2-5 days): Live Online or Classroom  (venue: London School of Economics)

• Exclusive FBRH template to begin reporting from day one
• Identify your most important impacts on the Environment, Economy and People
• Formulate in group exercises your plan for action. Begin taking solid, focused, all-round sustainability action ASAP. 
• Benchmarking methodology to set you on a path of continuous improvement

See upcoming training dates.
References:

1) This case study is based on published information by CIMB Niaga, located at the link below. For the sake of readability, we did not use brackets or ellipses. However, we made sure that the extra or missing words did not change the report’s meaning. If you would like to quote these written sources from the original, please revert to the original on the Global Reporting Initiative’s Sustainability Disclosure Database at the link:

http://database.globalreporting.org/

2) https://www.globalreporting.org/standards/gri-standards-download-center/

Note to CIMB Niaga: With each case study we send out an email requesting a comment on this case study. If you have not received such an email please contact us.

What are the material issues the company has identified?

In its 2019 Sustainability Report KS Energy identified a range of material issues, such as economic performance, environmental compliance, occupational health & safety, energy and emissions, labour & employment practices, socioeconomic compliance. Among these, combatting corruption stands out as a key material issue for KS Energy.

Stakeholder engagement in accordance with the GRI Standards              

The Global Reporting Initiative (GRI) defines the Principle of Stakeholder Inclusiveness when identifying material issues (or a company’s most important impacts) as follows:

“The reporting organization shall identify its stakeholders, and explain how it has responded to their reasonable expectations and interests.”

Stakeholders must be consulted in the process of identifying a company’s most important impacts and their reasonable expectations and interests must be taken into account. This is an important cornerstone for CSR / sustainability reporting done responsibly.

Key stakeholder groups KS Energy engages with: 

How stakeholder engagement was made to identify material issues

To identify and prioritise material topics KS Energy carried out meetings and surveys with various working groups to gather opinions from each individual and feedback they may have received from external stakeholders such as customers, suppliers, bankers and investors through their informal discussions.

What actions were taken by KS Energy to combat corruption?

In its 2019 Sustainability Report KS Energy reports that it took the following actions for combatting corruption:

• Implementing a Board Code of Conduct and Ethics and a policy for business conduct and ethical practices
• KS Energy has adopted a Board Code of Conduct and Ethics, Terms of Reference of Board of Directors and Board Diversity Policy, as its Board is also committed to achieve a high level of professionalism, integrity, fairness, effective communications on its role, and standards of conduct in the discharge of their office. The Board Code of Conduct and Ethics is communicated to all Board members and a policy for business conduct and ethical practices also forms part of the KS Drilling company management system, stating that all employees are required to strictly comply with relevant Foreign Corrupt Practices Acts or equivalent law. The policy is provided to all new employees who receive an induction on KS Energy’s management system.

• Applying a Whistle-blowing Policy
• KS Energy has in place a Whistle-blowing Policy to provide an accessible channel through which employees and any other Group persons may report and raise in good faith and in confidence, any concerns about possible improprieties, fraudulent activities, or malpractices within the Group in a responsible and effective manner. The objective of the Whistle-blowing Policy is to facilitate independent investigation of such matters and for appropriate follow-up action. This policy was updated in FY2017 and reports can be made verbally or in writing to any member of the Audit and Risk Management Committee (“ARMC”) whose contact numbers and email addresses are stated in the said policy. External parties may also access the Whistle-blowing Policy, which is available on the corporate website. There were no whistle-blowing reports received in FY2019.

• Carrying out corruption risk assessments
• KS Energy has an Enterprise Risk Management (“ERM”) Framework (the “ERM Framework”), which governs its risk management process. Through this ERM Framework, risk capabilities and competencies are continuously enhanced. The ERM Framework also enables the identification, prioritisation, assessment, management and monitoring of key risks and associated key controls to KS Energy’s The ownership of these risks lies with the respective business operations and corporate executive heads, with stewardship residing with the Board. Risk assessments for prospective contracts are performed by senior management and include an assessment for the location of operations which considers a variety of location-specific issues, including anti-corruption. When challenging management’s proposals or decisions constructively, the Independent Directors bring independent and objective judgement to bear on business activities and transactions involving conflicts of interest and other complexities.

Which GRI Standards and corresponding Sustainable Development Goals (SDGs) have been addressed?

The GRI Standards addressed in this case are:

1) Disclosure 205-1 Operations assessed for risks related to corruption

2) Disclosure 205-2 Communication and training about anti-corruption policies and procedures

Disclosure 205-1 Operations assessed for risks related to corruption corresponds to:

• Sustainable Development Goal (SDG) 16: Peace, Justice and Strong Institutions
• Targets: 16.5

Disclosure 205-2 Communication and training about anti-corruption policies and procedures corresponds to:

• Sustainable Development Goal (SDG) 16: Peace, Justice and Strong Institutions
• Targets: 16.5

78% of the world’s 250 largest companies report in accordance with the GRI Standards

SustainCase was primarily created to demonstrate, through case studies, the importance of dealing with a company’s most important impacts in a structured way, with use of the GRI Standards. To show how today’s best-run companies are achieving economic, social and environmental success – and how you can too.

Research by well-recognised institutions is clearly proving that responsible companies can look to the future with optimism.

7 GRI sustainability disclosures get you started

Any size business can start taking sustainability action

GRI, ISEP, CPD Certified Sustainability courses (2-5 days): Live Online or Classroom  (venue: London School of Economics)

• Exclusive FBRH template to begin reporting from day one
• Identify your most important impacts on the Environment, Economy and People
• Formulate in group exercises your plan for action. Begin taking solid, focused, all-round sustainability action ASAP. 
• Benchmarking methodology to set you on a path of continuous improvement

See upcoming training dates.
References:

1) This case study is based on published information by KS Energy, located at the link below. For the sake of readability, we did not use brackets or ellipses. However, we made sure that the extra or missing words did not change the report’s meaning. If you would like to quote these written sources from the original, please revert to the original on the Global Reporting Initiative’s Sustainability Disclosure Database at the link:

http://database.globalreporting.org/

2) https://www.globalreporting.org/standards/gri-standards-download-center/

Note to KS Energy: With each case study we send out an email requesting a comment on this case study. If you have not received such an email please contact us.

What are the material issues the company has identified?

In its 2018 Sustainability Report Noble identified a range of material issues, such as product quality, supply chain management, talent attraction, human rights, employee training and development. Among these, combatting corruption stands out as a key material issue for Noble.

Stakeholder engagement in accordance with the GRI Standards              

The Global Reporting Initiative (GRI) defines the Principle of Stakeholder Inclusiveness when identifying material issues (or a company’s most important impacts) as follows:

“The reporting organization shall identify its stakeholders, and explain how it has responded to their reasonable expectations and interests.”

Stakeholders must be consulted in the process of identifying a company’s most important impacts and their reasonable expectations and interests must be taken into account. This is an important cornerstone for CSR / sustainability reporting done responsibly.

Key stakeholder groups Noble engages with:

How stakeholder engagement was made to identify material issues

To identify and prioritise material topics Noble developed surveys to collect feedback from Noble’s senior functional managers, key customers, analysts and investors on the relative importance of different sustainability topics.

What actions were taken by Noble to combat corruption?

In its 2018 Sustainability Report Noble reports that it took the following actions for combatting corruption:

• Implementing a Code of Conduct
• Noble’s Code of Conduct sets out compliance requirements and guidelines on key ethical issues. The Code of Conduct imposes specific obligations regarding anti-corruption, anti-trust, anti-money laundering, combating financial crimes, counter financing of terrorism, sanctions and fraud. Every employee must acknowledge that they have read and understood Noble’s Code of Conduct and policies, as part of their induction and on an ongoing basis. Regular refresher training is organised, to maintain the effectiveness of compliance programmes and highlight some of the perception gaps and possible “grey areas”. Specific rules on securities trading when in possession of internal, confidential information are also circulated among employees and set out in a separate policy. This includes a procedure for the good faith reporting of any infringement of the Code of Conduct or other Noble policy. Concerned employees are encouraged to report without fear to the Compliance or Legal departments, when any suspicions arise.

• Promoting compliance
• Noble regularly reviews its policies and procedures to adapt to the changing regulatory landscape and, taking into account these developments, industry guidance, customer experience and societal expectations, implements internal controls that safeguard its operations against regulatory and reputational risk. Noble’s experienced Compliance Team is dedicated to making sure that its business conforms to applicable laws and regulations. Compliance Team personnel are based in Noble’s trading offices, and serve as a valuable resource for providing technical assistance and training in the regulatory sphere. Before entering into any contracts with new counterparties, Noble undertakes a World-Check risk search as a key component of its mandatory risk screening. Additionally, Noble employees worldwide are given explicit guidance on ethical business practices, such as conflicts of interest, entertainment and gifts.

• Applying a whistle-blowing policy
• Noble has adopted and implements a whistle-blowing policy through which employees may, in confidence, raise concerns regarding matters not only about workplace misconducts, but also any unlawful activities, policies or practices, suspected fraud, corruption, dishonest practices or other similar matters. There are also arrangements for an independent investigation of such issues and for appropriate follow up actions where necessary. During the reporting period, Noble had no confirmed cases of corruption in its operations.

• Providing ongoing training
• Noble’s corporate policies are reviewed and updated on a regular basis, while training on business ethics and conduct is regularly carried out in Noble’s offices, to reinforce the procedures for reporting potential violations. All relevant staff are given regular updates on rules and regulations relevant to their particular markets and jurisdictions, and important notifications are communicated via compliance emails to employees globally. Education and refresher trainings on compliance, financial crime, anti-bribery and anti-money laundering (AML) are delivered via e-learning programmes and classroom sessions. In 2017, 85 employees across Asia attended face to face training. Among these, around 10% of attendees were management level staff. This programme caters to the different needs of different business functions. For example, front office members receive training on financial crimes, bribery acts and market abuse, which is less relevant in other business areas. Other training includes regulations related to illegal conduct and references on anti-corruption laws and published cases.

Which GRI Standards and corresponding Sustainable Development Goals (SDGs) have been addressed?

The GRI Standards addressed in this case are:

1) Disclosure 205-2 Communication and training about anti-corruption policies and procedures

2) Disclosure 205-3 Confirmed incidents of corruption and actions taken

Disclosure 205-2 Communication and training about anti-corruption policies and procedures corresponds to:

• Sustainable Development Goal (SDG) 16: Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels
• Business theme: Anti-corruption

 Disclosure 205-3 Confirmed incidents of corruption and actions taken corresponds to:

• Sustainable Development Goal (SDG) 16: Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels
• Business theme: Anti-corruption

78% of the world’s 250 largest companies report in accordance with the GRI Standards

SustainCase was primarily created to demonstrate, through case studies, the importance of dealing with a company’s most important impacts in a structured way, with use of the GRI Standards. To show how today’s best-run companies are achieving economic, social and environmental success – and how you can too.

Research by well-recognised institutions is clearly proving that responsible companies can look to the future with optimism.

7 GRI sustainability disclosures get you started

Any size business can start taking sustainability action

GRI, ISEP, CPD Certified Sustainability courses (2-5 days): Live Online or Classroom  (venue: London School of Economics)

• Exclusive FBRH template to begin reporting from day one
• Identify your most important impacts on the Environment, Economy and People
• Formulate in group exercises your plan for action. Begin taking solid, focused, all-round sustainability action ASAP. 
• Benchmarking methodology to set you on a path of continuous improvement

See upcoming training dates.
References:

1) This case study is based on published information by Noble, located at the link below. For the sake of readability, we did not use brackets or ellipses. However, we made sure that the extra or missing words did not change the report’s meaning. If you would like to quote these written sources from the original, please revert to the original on the Global Reporting Initiative’s Sustainability Disclosure Database at the link:

http://database.globalreporting.org/

2) https://www.globalreporting.org/standards/gri-standards-download-center/

Note to Noble: With each case study we send out an email requesting a comment on this case study. If you have not received such an email please contact us.

What are the material issues the company has identified?

In its 2018 Corporate Social Responsibility and Sustainable Development Report Severstal identified a range of material issues, such as financial performance, occupational health and safety, atmospheric emissions, including greenhouse gases, employee education and training, power consumption and energy efficiency. Among these, fighting corruption stands out as a key material issue for Severstal.

Stakeholder engagement in accordance with the GRI Standards              

The Global Reporting Initiative (GRI) defines the Principle of Stakeholder Inclusiveness when identifying material issues (or a company’s most important impacts) as follows:

“The reporting organization shall identify its stakeholders, and explain how it has responded to their reasonable expectations and interests.”

Stakeholders must be consulted in the process of identifying a company’s most important impacts and their reasonable expectations and interests must be taken into account. This is an important cornerstone for CSR / sustainability reporting done responsibly.

Key stakeholder groups Severstal engages with:

How stakeholder engagement was made to identify material issues

To identify and prioritise material topics Severstal carried out a survey of both internal (employees) and external stakeholders receiving 39 survey responses, including 22 responses from local communities, non-profits, business partners, the investor community, government authorities and local administrations.

What actions were taken by Severstal to fight corruption?

In its 2018 Corporate Social Responsibility and Sustainable Development Report Severstal reports that it took the following actions for fighting corruption:

• Implementing an anti-corruption programme and policy
• Severstal has a comprehensive anti-corruption programme focused on the practical implementation of the provisions of its Anti-Corruption Policy. This Policy is aligned with other anti-corruption standards and processes. Its provisions are based on international best practice, including the guiding principles of Transparency International. The policy focuses on reducing Severstal’s corruption risks and achieving maximum compliance with Russian and international anticorruption regulations. This policy regulates activities exposed to high corruption risks, which include cooperation with partners, acquisition of corporate securities, establishment of joint ventures, mergers and acquisitions, conflict of interest evaluation procedures, sponsorships and charities, gifts and entertainment, etc. The new edition of the policy was approved by Severstal’s Board in February 2019, and published on its website.

• Developing the Severstal Employee Code of Conduct
• As a part of its comprehensive anti-corruption programme, Severstal developed and adopted the Severstal Employee Code of Conduct, and introduced registration of gifts, sponsorship and charity programmes, and other corporate processes detailing the application of its Anti-Corruption The Severstal Code of Business Conduct extends anti-corruption requirements to Severstal’s complete supply chain. This effort is coordinated by Severstal Management’s Risk Management Department, which is also responsible for annually assessing the effectiveness of anti-corruption processes.

• Providing anti-corruption training
• All Severstal employees undergo regular anti-corruption training, while top executives and employees having an impact on commercial and financial decisions undergo regular anti-corruption checks. This effort brings positive change: there is a radical reduction of the number of employees involved in corruption. Thus, Severstal implements an Anti-Corruption Policy Training Programme and provides a mandatory biennial online training course, for all employees. In 2018, more than 11,000 employees received training, compared with 9,000 in 2017.

Which GRI Standards and corresponding Sustainable Development Goals (SDGs) have been addressed?

The GRI Standards addressed in this case are:

1) Disclosure 205-1 Operations assessed for risks related to corruption

2) Disclosure 205-2 Communication and training about anti-corruption policies and procedures

Disclosure 205-1 Operations assessed for risks related to corruption corresponds to:

• Sustainable Development Goal (SDG) 16: Peace, Justice and Strong Institutions
• Targets: 16.5

Disclosure 205-2 Communication and training about anti-corruption policies and procedures corresponds to:

• Sustainable Development Goal (SDG) 16: Peace, Justice and Strong Institutions
• Targets: 16.5

78% of the world’s 250 largest companies report in accordance with the GRI Standards

SustainCase was primarily created to demonstrate, through case studies, the importance of dealing with a company’s most important impacts in a structured way, with use of the GRI Standards. To show how today’s best-run companies are achieving economic, social and environmental success – and how you can too.

Research by well-recognised institutions is clearly proving that responsible companies can look to the future with optimism.

7 GRI sustainability disclosures get you started

Any size business can start taking sustainability action

GRI, ISEP, CPD Certified Sustainability courses (2-5 days): Live Online or Classroom  (venue: London School of Economics)

• Exclusive FBRH template to begin reporting from day one
• Identify your most important impacts on the Environment, Economy and People
• Formulate in group exercises your plan for action. Begin taking solid, focused, all-round sustainability action ASAP. 
• Benchmarking methodology to set you on a path of continuous improvement

See upcoming training dates.
References:

1) This case study is based on published information by Severstal, located at the link below. For the sake of readability, we did not use brackets or ellipses. However, we made sure that the extra or missing words did not change the report’s meaning. If you would like to quote these written sources from the original, please revert to the original on the Global Reporting Initiative’s Sustainability Disclosure Database at the link:

http://database.globalreporting.org/

2) https://www.globalreporting.org/standards/gri-standards-download-center/

Note to Severstal: With each case study we send out an email requesting a comment on this case study. If you have not received such an email please contact us.

What are the material issues the company has identified?

In its 2019 Sustainability Report CEZ Group in Romania identified a range of material issues, such as communication with customers, occupational health and safety, customer privacy, environmental compliance, customer health and safety. Among these, combatting corruption stands out as a key material issue for CEZ Group in Romania.

Stakeholder engagement in accordance with the GRI Standards              

The Global Reporting Initiative (GRI) defines the Principle of Stakeholder Inclusiveness when identifying material issues (or a company’s most important impacts) as follows:

“The reporting organization shall identify its stakeholders, and explain how it has responded to their reasonable expectations and interests.”

Stakeholders must be consulted in the process of identifying a company’s most important impacts and their reasonable expectations and interests must be taken into account. This is an important cornerstone for CSR / sustainability reporting done responsibly.

Key stakeholder groups CEZ Group in Romania engages with: 

How stakeholder engagement was made to identify material issues

To identify and prioritise material topics CEZ Group in Romania engaged with its stakeholders through online sustainability questionnaires and organised dedicated meetings.

What actions were taken by CEZ Group in Romania to combat corruption?

In its 2019 Sustainability Report CEZ Group in Romania reports that it took the following actions for combatting corruption:

• Implementing a compliance system
• The compliance system of CEZ Group in Romania is drafted so that the Anti-corruption policy, which is managed by the Compliance Department, can be complemented by internal regulations addressed to employees, such as:
  • The conflict of interest policy;
  • The whistleblowing policy;
  • The antitrust policy;
  • The Ethics Code;
  • The Code of Conduct in Business;
  • The Compliance Manual;
  • The Internal Regulation.
• For an appropriate understanding of the compliance system, CEZ Group in Romania makes available to its employees and partners a brochure introducing information and examples, promoting the ethical values assumed by the companies within CEZ Group in Romania.

• Avoiding conflicts of interests
• In order to avoid any conflicts of interests, CEZ Group in Romania has implemented a Statement – Commitment within its Internal Regulation. It is a statement filled in by all employees, both at employment and, subsequently, any time a change is implemented. Employees commit themselves to complying with the Internal Regulation, the Ethics Code and the Code of Conduct in Business and to report any potential conflicts of interest. These statements are subject to annual checks for a better monitoring and implementation of the measures required to prevent any risks. Additionally, the Internal Regulation includes specific provisions related to giving and receiving presents and zero tolerance to bribery attempt/accepting bribery.

• Applying a reporting system
• The reporting system “Speak Freely” (whistleblowing) made available to CEZ Group in Romania’s partners/ third parties (on the website and intranet) is the tool to be used to report any concerns regarding ethics/corruption incidents. Since 2017, this system has provided the possibility to submit a reporting anonymously, at the whistleblower’s choice. The reporting channels (“Speak Freely”) are always promoted during training. For its partners, CEZ Group in Romania makes available the Codes of Conduct dedicated specially to clients and suppliers. They can be accessed on the website of CEZ Group in Romania, in the section “Ethics and Integrity”. Moreover, the agreements concluded with suppliers and Tender Books include specific provisions regarding compliance with ethics principles.

• Informing and training employees
• Actions in progress carried out by CEZ Group in Romania to inform and train its employees on anti-corruption policies and procedures include the following:
  • Periodically (at least quarterly), the Compliance Department submits a newsletter regarding the ethical values and/ or zero tolerance to corruption;
  • There are annual periods dedicated to direct training (face to face) for employees, in order to raise awareness and assume the ethical principles regarding the anticorruption fight;
  • CEZ Group in Romania submits to its employees periodically, at least quarterly, training materials (ExpressTraining). Subsequently, they are published on CEZ Group in Romania’s intranet page. They promote legal and internal provisions regarding integrity, ethics, anticorruption, etc.;
  • CEZ Group in Romania organises annually the event “Compliance Week”, an initiative of the Compliance Department, carried out for all companies within CEZ Group in Romania;
  • The Compliance Department initiated some articles discussing ethics/integrity in CEZ Group in Romania’s internal magazine ”CEZ News” (quarterly);
  • CEZ Group in Romania has initiated and developed an internal e-learning application which brings plus value to the employees’ training and assessment process and increases the efficiency of resources allocated.

Which GRI Standards and corresponding Sustainable Development Goals (SDGs) have been addressed?

The GRI Standard addressed in this case is: Disclosure 205-2 Communication and training about anti-corruption policies and procedures

Disclosure 205-2 Communication and training about anti-corruption policies and procedures corresponds to:

• Sustainable Development Goal (SDG) 16: Peace, Justice and Strong Institutions
• Targets: 16.5

78% of the world’s 250 largest companies report in accordance with the GRI Standards

SustainCase was primarily created to demonstrate, through case studies, the importance of dealing with a company’s most important impacts in a structured way, with use of the GRI Standards. To show how today’s best-run companies are achieving economic, social and environmental success – and how you can too.

Research by well-recognised institutions is clearly proving that responsible companies can look to the future with optimism.

7 GRI sustainability disclosures get you started

Any size business can start taking sustainability action

GRI, ISEP, CPD Certified Sustainability courses (2-5 days): Live Online or Classroom  (venue: London School of Economics)

• Exclusive FBRH template to begin reporting from day one
• Identify your most important impacts on the Environment, Economy and People
• Formulate in group exercises your plan for action. Begin taking solid, focused, all-round sustainability action ASAP. 
• Benchmarking methodology to set you on a path of continuous improvement

See upcoming training dates.
References:

1) This case study is based on published information by CEZ Group in Romania, located at the link below. For the sake of readability, we did not use brackets or ellipses. However, we made sure that the extra or missing words did not change the report’s meaning. If you would like to quote these written sources from the original, please revert to the original on the Global Reporting Initiative’s Sustainability Disclosure Database at the link:

http://database.globalreporting.org/

2) https://www.globalreporting.org/standards/gri-standards-download-center/

Note to CEZ Group in Romania: With each case study we send out an email requesting a comment on this case study. If you have not received such an email please contact us.