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Mention the Principles for Defining Report Quality (based on GRI Standards or G4 Guideline). Give an...

Mention the Principles for Defining Report Quality (based on GRI Standards or G4 Guideline). Give an example of its implementation on a construction company.

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Expert Solution

GRI’s Principles for Defining Report Quality guide choices on ensuring the quality of the information in the sustainability report, including its proper presentation. The quality of the information is important to enabling stakeholders to make sound and reasonable assessments of performance and take appropriate actions.

There are a total of six Principles

1)Balance,

2)Comparability,

3)Accuracy,

4)Timeliness,

5)Clarity

6)Reliability.

ISO 26000 indicates that information relating to social responsibility should be understandable, accurate, balanced, timely, accessible, and comparable. GRI provides similar but more elaborated guidance under the Principles of Clarity, Accuracy, Balance, Timeliness, and Comparability, and also adds the Principle of Reliability. These Principles all go towards helping ensure the quality of the information included in the report

Example of its implementation on a construction company.

Review adequacy of the quality assurance plan:

  • Determine if the work practices are such that the expected quality standard will be met.
  • Examine the quality of the ongoing and completed work to determine that it meets or exceeds the project requirements.
  • Ensure that the material used meets project quality standards.
  • The finished work is sufficiently protected from harm or damage.
  • Issue a report of acceptable work as well as any substandard work.
  • Track the corrective work and issue a status report until satisfactory completion.
  • Examine the quality control methods being used to determine if the supervisor is properly controlling construction activities.
  • Review processes, practices, and procedures. and identify possible areas for change so as to improve the quality of the resulting work
  • Recommend any changes to project staff and/or management.
  • Review QC documentation to ensure the adequacy of systems.

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