Stakeholder Engagement and Materiality Disclosure Review Service

What is the Disclosure Review Service?

GRI’s Disclosure Review Service is designed to help organizations improve the content of their report by reviewing specific disclosures and determine whether the organization has responded to the information requests from the requirements outlined in the GRI Sustainability Reporting Standards (GRI Standards).

The Disclosure Review Service is offered in different modules.

The module Stakeholder Engagement and Materiality covers a selection of 10 disclosures, strategically selected to address an organization’s approach towards stakeholder engagement and materiality assessment, thus aiming to improve the overall quality of the report. As the content relevant to stakeholder engagement and materiality assessment is reviewed, this service also provides feedback on the organizations’ application of the Stakeholder Inclusiveness and Materiality principles.

GRI has piloted this service with selected organizations. Hear what they have to say about the service below!

“The earlier the new service is used to generate the reports, the greater the benefit. Because the review team plays the role of the stakeholders, the dialogue improves the quality, the foundation, the transparency and the comparability of different reports.”
Moritz Vögeli– Lecturer, Institut für Umwelt und Natürliche Ressourcen

“At LandCorp we are committed to improving our sustainability reporting. The GRI Disclosure Review Service looked at 10 key disclosures and provided more information on the Materiality and Stakeholder Inclusiveness principles. The clear feedback on the disclosures ensured we addressed every information request as set out by the requirements in the GRI Standards. It also highlighted areas, particularly on the principles, that we could clarify and improve in our next reporting cycle." Nivia Giuffre – Sustainability Strategy Coordinator, LandCorp

“I believe the service can help organizations further improve their efforts to be more transparent, and to notice the issues that they must work on in order to become more sustainable." Florencia Renda- Sustainability Analyst, Santander Río

“This was our first-time reporting using the GRI Standards and this service was invaluable. The feedback was helpful and communication between myself and the team was timely and supportive. The Disclosure Review Service has helped increase our confidence in the transparency and effectiveness of our first report using the GRI Standards“, Claire Brightley, Lead Adviser for Carbon Management, Yorkshire Water

What do we review?

Who is this service for?

What are the timelines and fees for the service?

The timelines for the GRI Disclosure Review Service on draft, published reports or combo option are as follows:

• First Feedback:

GRI will provide the first feedback on the 10 disclosures and related principles i.e. Materiality and Stakeholder Inclusiveness within 14 working days (8 days for fast track option on draft report only) of confirming the service upon the receipt of all of the required documents for this service.

• Subsequent Feedback(s)- for services provided on draft reports:

After addressing the action points raised in the first feedback, the Reporting Organization or applicable third party is requested to send the revised draft report for GRI’s review. In exceptional cases, the Reporting Organization or applicable third party can provide GRI with comment as to why they cannot implement a certain action point in their report for the current reporting period. GRI will revert with any feedback on the second round within 7 working days (5 working days for fast track option on draft report only) from receiving it.

The fees for the GRI Disclosure Review Service on draft, published reports or combo option are as follows:

Disclosure Review Service: Stakeholder Engagement and Materiality Disclosure Review, Management Approach Disclosure Review
		Non-for-profit/ SME	Corporate
Draft Report or Published Report with disclosures from GRI 102: General Disclosures 2016 (looking at Stakeholder Engagement and Materiality Disclosures) or GRI 103: Management Approach 2016 for 3 topics	Regular Timeline	€ 5500, -	€ 6500, -
	Fast Track Timeline, only available for service performance on draft reports	€ 6500, -*	€ 7500, -*
		A 1-hour phone call can be added for the service on Draft reports at an additional fee of € 250, - The call is included in the fee for the service on a Published report. For the Management Approach module: Additional topics may be added at the fee of € 1000 per topic.
Draft Report and Published Report Combo option, Feedback on published & draft report for a module of the Disclosure Review Service	Regular Timeline	€8500, -**	€10.300, -**
	Fast Track Timeline (only applicable to the part of the service performed on draft report)	€9500, -*	€11.300, -*
		A 1-hour phone call can be added for the service on Draft reports at an additional fee of € 250, - The call is included in the fee for the service on a Published report. For the Management Approach module: Additional topics may be added at the fee of € 1000 per topic.

*Please note that the fast track timeline does not apply to published reports. The fast track timeline on your draft report will be confirmed upon receipt of application based on available resources.

** For the Combo option, the Reporting Organization pays in two parts. The first 50% of the fee should be paid at the time when GRI accepts to provide feedback on the published report. The remaining 50% of the fee should be paid when submitting the documents for the second part of this service the performance of the service on your next draft report. Two separate invoices will be sent to the Reporting Organization.

With the GRI Community membership fee, companies are entitled to a certain amount of credits, which can be used towards GRI’s report services outlined above. The credits are applicable on the regular price of the service and excluding fast track. More details are provided in the Pricing Policy.

Organizational mark or statement for your report!

Report Language

The Service can be performed in any language but as this Service requires diving into the content of sustainability reports, GRI Services team would accept reports in the languages that the team speaks and for any other language, an English translation of the relevant content to be reviewed needs to be provided.

As of August 2019, these languages spoken in the team are: English, Greek, German, Russian.

Contact GRI’s Services Team for more information.

How can I apply for the service?

What documents do I need to consult?

Sign-up form

Terms & Conditions

Methodology

Disclaimer: GRI services do not verify, check or pass judgment on the quality of the disclosures within a report nor the process of preparing the disclosures. That responsibility remains with the reporting organization and its stakeholders. GRI’s services are not an external assurance engagement, although are complementary. This service indicates whether or not the organization has addressed the information requests in the GRI Standards that are specified as being within the scope of this service. GRI does not carry any legal responsibility for the implementation of the feedback by the organization. The GSSB is an independent operating entity under the auspices of GRI and has sole responsibility for setting globally accepted standards for sustainability reporting and as such has no involvement with the delivery of GRI Services.