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.................................GRI G-4 Sustainability Reporting, following
the XBRL Approach
M A Y 2016
GUARD GLOBAL
.................................GRI Standards Reporting
GUARD GLOBAL
Mark Carney, Governor of the Bank of England, Chairman of the Financial Stability Board:
“With better information as a foundation, we can build a virtuous circle of better understanding of tomorrow’s risks….”
Lloyd’s of London, 29 September 2015
CURRENT:• Archived in a variety of formats
and styles• Limited value for analysis• Constrained historical
comparability• Validation-Checking labour
intensive/time consuming• Integration and data sharing
limitations• Transition between GRI G-4 and
GRI Standards uncertain
.................................GRI G-4/Standards Sustainability Reporting Paradigm
GUARD GLOBAL
PROPOSED:• Standardised, homologised data format • Validation-Checking process automated• Standards and principles approach
straightforward/methodical• UI simplified – no XBRL/XML intricacies• Analytical studies for wide ranging group• Historical and current comparability• Speedy, accurate data collection/analysis• Flexible, extensible styles and formats• Evolution of reporting (IIRC principles)• Sharing of information (e.g. CDP + Supply
Chain) automated
REPORTS
ILLUSTRATIVE
.................................Evolution and Development
GUARD GLOBAL
Add value to GRI G-4/Standards reporting
Master GRI Versions: Migration path for reporting organisations
Improving Reporting environment
Camouflage technical intricacies of XBRL
Dedicate expertise & resources
Exploit the existing XBRL methodologies with more in-depth functionality & utilities
Automated migration and transition regardless of GRI version (GRI G-4 -> GRI Standards)
Organisations incentivized to use the GRI XBRL reporting methods
Abstract users from the technological aspects of XBRL. E.g. SMEs with limited resources to dedicate to sustainability reporting
Advance the GRI XBRL reporting approach with Open Architecture
GUARD GLOBAL
Country Region Sector Served Customer/Beneficiary
United Kingdom London and South East
SME and LSE: Retail, Financial Services
Large retail chains (super markets), banks and credit istitutions
France Paris and northern France
SME and LSE. Retail Large retail chain outlets
United States California, New York Financial Services
India Central Software Development Currently no customers
Ukraine Western Software Development Currently no customers
Add country
Workforce by region Male Female Other Total
United Kingdom 450 290 50 483
France 190 150 20 360
United States 160 130 15 305
India 400 350 22 772
Ukraine 30 45 1 76
G4-1
Our new mission for sustainable development at ABC Corporation reflects our important transition towards our partnership with GRI and XBRL, whole bringing together our wide industry expertise in corporate IT systems. These include our in depth knowledge of ERP systems as well as financial systems from front, middle
Our new mission for sustainable development at ABC Corporation reflects our important transition towards our partnership with GRI and XBRL, whole bringing together our wide industry expertise in corporate IT systems. These include our in depth knowledge of ERP systems as well as financial systems from front, middle
Our new mission for sustainable development at ABC Corporation reflects our important transition towards our partnership with GRI and XBRL, whole bringing together our wide industry expertise in corporate IT systems. These include our in depth knowledge of ERP systems as well as financial systems from front, middle
Provide a statement from the most senior decision-maker of the organization
CLOUD BASED XBRL PROCESSOR AND
STORAGE FOR GRI XBRLREPORTS
AUTOMATED DATA TRANSFER
MANUAL DATA ENTRY
HTMLPAPER PDF
GENERATION OF SUSTAINABILITY REPORT
GRI XBRL DATABASE
GRI G-4 XBRL INSTANCE DOCUMENT
SUBMISSION/FEEDBACK
GRI G-4 XBRL REPORT FORM
.................................High-level Architectural View of GRI G-4/Standards
XBRL Reporting Portal
ProposedAlready Existing
GRI G-4 Taxonomy GRI Standards Taxonomy
Data mapping and template building using ETL (Extract Transform Load) Toolse.g. Altova XBRL Mapping• Base materials analysis• Data Modelling• Taxonomy design
GRI XBRL ReportDatabase
.................................Automated Migration from ‘GRI G-4’ to ‘GRI Standards’
XBRL Taxonomy
GUARD GLOBAL
Advantages of using GRI XBRL Reporting:• Commence GRI G-4 reporting without worry
of accumulating incompatible data with GRI Standards transition
• Continue building historical & comparable data
• Simplified G-4 reporting• Easier validation and assurance
ILLUSTRATIVE
GRIXBRL
DATABASE
Organisation Organisation Organisation
• VALIDATION• CERTIFICATION• DATA MANAGMENT
GRI XBRL INSTANCEDOCUMENT SUBMISSION
Initial Perspectives
.................................Development and Evolution of GRI G-4 XBRL
Submission Portal
GUARD GLOBAL
• GRI G-4 XBRL Database - receives Reports as XBRL Instance Documents
• Validation tools facilitate the checking of the report content and quality
• Simplify assurance process
• Manage and control certifications electronically
ILLUSTRATIVE
.................................GRI G-4 Integrated Reporting Along Entire Supply Chains
GUARD GLOBAL
GRIXBRL
DATABASE
Organisation Organisation Organisation
• VALIDATION• CERTIFICATION• DATA MANAGEMENT• FINANCIAL INSTITUTIONS• RATING AGENCIES• FEED VENDORS• ANALIYSIS
SUPPLIER/CUSTOMERRELATIONSHIP
SUPPLIER/CUSTOMERRELATIONSHIP
AddingValue
• GRI G-4 Taxonomies enables sharing of information along supply chains:
• XBRL extensions• Goals and targets• Achievements• Management Approach and
specific Topics related to supply chains
• Sharing of information in customer-to-supplier/supplier-to-customer in structured scheme
• Aggregation/Consolidation of information
• Supply Chain Risk mitigation strategy
ILLUSTRATIVE
.................................Enabling Stakeholder Engagement into Reporting Cycle
GUARD GLOBAL
GRIXBRL
DATABASE
Organisation Organisation Organisation
SUPPLIER/CUSTOMERRELATIONSHIP
SUPPLIER/CUSTOMERRELATIONSHIP
• VALIDATION• CERTIFICATION• DATA MANAGEMENT• FINANCIAL INSTITUTIONS• RATING AGENCIES• FEED VENDOURS• ANALIYSIS• INTEGRETED REPORTING (IIRC)
ENGAGMENT
Stakeholder Stakeholder Stakeholder
ENGAGMENT ENGAGMENT
Extending Apps• Develop interface for Stakeholder
Engagement
• Internal and external stakeholders
• Eventually may develop government reporting gateway
ILLUSTRATIVE
.................................Evolving into the Circular Economy
GUARD GLOBAL
GRIXBRL
DATABASE
• VALIDATION• CERTIFICATION• DATA MANAGEMENT• FINANCIAL INSTITUTIONS• RATING AGENCIES• FEED VENDOURS• ANALIYSIS
MANAGING SUSTAINABLE REPORTING IN CIRCULAR ECONOMY
Full-circle
• GRI Positioned to take advantage of providing sustainability reporting service as supply chain evolves e.g. Into circular economy
ILLUSTRATIVE
.................................GRI G-4 XBRL REPORTING TOOL
DEMONSTRATION
GUARD GLOBAL