NOTE ON REPORTS THAT ARE NOT PREPARED ‘IN ACCORDANCE’ WITH THE GUIDELINES TRANSITION TO G4 GUIDELINES

3.4 NOTE ON REPORTS THAT ARE NOT PREPARED ‘IN ACCORDANCE’ WITH THE GUIDELINES

If an organization reports Standard Disclosures from the Guidelines but has not fulilled all the requirements of either ‘in accordance’ option, the report should contain the following statement: “This report contains Standard Disclosures from the GRI Sustainability Reporting Guidelines”. A list of the Standard Disclosures and their location in the organization’s report should be provided together with this statement.

3.5 TRANSITION TO G4 GUIDELINES

Reporting organizations using the G3 or G3.1 Guidelines will want to decide for themselves when to transition to the G4 Guidelines. For this reason, GRI will continue to recognize reports based on the G3 and G3.1 Guidelines for up to two full reporting cycles. However, reports published after 31 December 2015 should be prepared in accordance with the G4 Guidelines. GRI recommends that irst time reporting organizations use the G4 Guidelines, even if they do not fulill the requirements of the ‘in accordance’ options in the irst reporting cycles see section 3.4 ‘Note on reports that are not prepared ‘in accordance’ with the Guidelines’. SECTION 4 4 REPORTING PRINCIPLES The Reporting Principles are fundamental to achieving transparency in sustainability reporting and therefore should be applied by all organizations when preparing a sustainability report. The Implementation Manual outlines the required process to be followed by an organization in making decisions consistent with the Reporting Principles. The Principles are divided into two groups: Principles for Deining Report Content and Principles for Deining Report Quality. The Principles for Deining Report Content describe the process to be applied to identify what content the report should cover by considering the organization’s activities, impacts, and the substantive expectations and interests of its stakeholders. The Principles for Deining Report Quality guide choices on ensuring the quality of information in the sustainability report, including its proper presentation. The quality of the information is important to enable stakeholders to make sound and reasonable assessments of performance, and take appropriate actions.

4.1 PRINCIPLES FOR DEFINING REPORT CONTENT