They prescribe the issues which companies should report on and say little about
process. They cover a range of sustainable development issues. These were extended
in the draft sustainability reporting guidelines released for public comment in April
2002.^18. Although the GRI guidelines require stakeholder consultation, there is little
guidance as to the form it should take. This must be addressed if stakeholder dialogue
is to be a robust exercise in enhancing trust and minimizing risk rather than simply a
23.3 SOCIAL AND ETHICAL REPORTING 23 • 9Organizations InvolvedNew Organizations
Old Organizations Formed
Government/ Business/ Technical Commercial New
Multilateral Business Standards NGO/NGO Ratings Standards Multisector
Standard Body Grouping Organization Grouping Body Body Partnership
Aspirational Principles and Codes of Practice
UN GC • ✓✓ •
Amnesty •
ETI ✓✓✓✓✓✓✓✓ •
Sullivan ✓✓✓✓✓ •
OECD • ✓✓✓
WHO/UNICEF • ✓✓
ECCR/ICCR •
Management Systems and Certification Schemes
SA8000 ✓✓✓✓✓✓✓✓ •
ISO ✓✓• ✓
EMAS •
EU Eco-label •
FSC ✓✓✓✓✓✓ •
Rating Indices
DJGSI ✓✓•
FTSE4Good ✓✓•
ASPI ✓✓•
Accountability and Reporting Frameworks
GRI ✓✓✓✓✓✓✓✓ •
AA1000S ✓✓✓✓✓✓✓✓✓ •
Source:Forstater et al. “Mapping Standards for Corporate Social AccountAbility,” AccountAbility, 2002.
NB Abbreviations used are detailed in Exhibit 23.3.
Key to symbols: • — Institutional home; ✓✓✓— Involved at governance level; ✓✓— Involved as mem-
ber or supporter; ✓— Included in consultation; blank space — No involvement.
Exhibit 23.4. Types of Standard/Guideline and Types of Organizations Involved.
(^18) Id.