Oslo Børs and the Norwegian Forum for Responsible and Sustainable Investment (Norsif) have produced a revised version of the Oslo Børs Guidance on the Reporting of Corporate Responsibility. The first version of the guidance was launched in September 2016.
The first version of the guidance was based on the GRI G4 Sustainability Reporting Guidelines. The updated guidance refers to the GRI Sustainability Reporting Standards (GRI Standards) that have superseded the GRI G4 Guidelines. The GRI Standards are the most widely adopted global standards for sustainability reporting, and are already used by a number of companies on Oslo Børs.
The introduction of the GRI Standards was anticipated in the first version of the guidance, and has therefore in itself not resulted in any changes to the reporting processes that the guidance describes. This aside, a number of small changes have been made to clarify the content of the guidance, e.g. the addition of some more examples and some more detailed explanations. The list of references to other relevant guidelines has also been updated.
The guidance is intended to be a useful and practical tool in order to encourage efficient, comprehensive and relevant corporate responsibility reporting. The use of the guidance is voluntary for the companies.
The revised guidance is available on Oslo Børs’ website: Reporting of corporate responsibility