GRI 419 Socioeconomic compliance

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Non-compliance within an organization can indicate the ability of management to ensure that operations conform to certain performance parameters. In some circumstances, non-compliance can lead to remediation obligations or other costly liabilities. The strength of an organization’s compliance record can also affect its ability to expand operations or gain permits.

The reporting organization should include administrative and judicial sanctions for failure to comply with laws and/or regulations in the social and economic area, including international declarations, conventions, and treaties; national, sub-national, regional, and local regulations; cases brought against the organization through the use of international dispute mechanisms or national dispute mechanisms supervised by government authorities.

 

ADSR90532

Data sheet

Language
English
Area
Chemical produts
Construction
Energy & water supply
Food
Wholesale and retail trade
Areas of intervention
Social responsability
Solution
Advisory podcast
Customer Satisfaction
Professional qualification
Carbon footprint
Price