Governance and Remuneration Working Group announced for G4
14 December 2011

​GRI invites nominations for a new G4 Working Group on Governance and Remuneration, with an open call until Friday 13 January 2012.
The first G4 Public Comment Period, which closed on 24 November 2011, gathered responses from more than 1800 people. GRI extends its thanks to those who completed the survey, helping shape the structure and content of G4. The next phase of G4’s development – the establishment of Working Groups to produce a draft version of G4 – is vital.

Bastian Buck, Senior Manager – Reporting Framework at the Global Reporting Initiative, explained the importance of finding experts for the G4 Working Groups. “The new Working Group on Governance and Remuneration will address these important issues, which are not fully elaborated on in the current G3.1 Guidelines. It’s really important to find experts for the Working Groups, including this one on governance and remuneration, to make sure the G4 Guidelines are relevant and useful and meet the needs of both reporters and report readers.”

The G3.1 Guidelines already include disclosure items around governance and remuneration. GRI consulted stakeholders, experts, organizations that produce sustainability reports, Stakeholder Council members and the Technical Advisory Committee (TAC), leading to the conclusion that the current content of the governance disclosures needs further development. Consultation results confirmed that in G3.1 there is not sufficient emphasis placed on the relationship between governance and sustainability and disclosures around reporting organizations’ remuneration policies and practices can also be improved.

Working Group members will be selected on the basis of the following criteria:

• Knowledge of and expertise in the reporting of governance and remuneration
• Relevant knowledge of sustainability and/or annual reporting process
• Familiarity with the needs of sustainability report users
• Related experience with multi-stakeholder initiatives
• Understanding of and willingness to work in a consensus-based multi-stakeholder WG
• Ability to attend all WG meetings in person
• Ability to participate in WG meetings held in English and provide written English feedback when requested

GRI will consider the expertise and experience of the applicants during the recruitment and selection processes for the Working Group. If an area of expertise is not sufficiently covered, GRI may decide to undertake outreach activities to engage with organizations from the required area.

All interested parties are invited to read the Terms of Reference and nominate themselves to be part of the Working Group. Interested candidates are requested to submit their C.V. in English and this Application Form to G4WG@globalreporting.org.

Deadline to submit an application is Friday 13 January 2012.

For more information on the G4 development process, click here or contact G4WG@globalreporting.org.
 

G4 Working Groups

GRI will convene several Working Groups to develop the new G4 Guidelines. The topics will be influenced by the results of the first G4 Public Comment Period, which closed on 24 November 2011. Additional G4 Working Groups will be announced after the Public Comment Period. The open calls for these Working Groups will be featured in GRI’s newsletter and website.

The call for the Disclosure on Management Approach Working Group was open from 2 November to 2 December 2011. This Working Group recruitment process is closed. The Supply Chain Disclosure Working Group was formed in 2010 and will be integrated into the G4 development process. This Working Group recruitment process is closed.