GRI 205: Anti-corruption 2016 sets out reporting requirements on the topic of anti-corruption. This Standard can be used by an organization of any size, type, sector or geographic location that wants to report on its impacts related to this topic.
In the context of the GRI Standards, the economic dimension of sustainability concerns an organization’s impacts on the economic conditions of its stakeholders, and on economic systems at local, national, and global levels. It does not focus on the financial condition of an organization.
The Standards in the Economic series (200) address the flow of capital among different stakeholders, and the main economic impacts of an organization throughout society.
GRI 205 addresses the topic of anti-corruption. In this Standard, corruption is understood to include practices such as bribery, facilitation payments, fraud, extortion, collusion, and money laundering; the offer or receipt of gifts, loans, fees, rewards, or other advantages as an inducement to do something that is dishonest, illegal, or represents a breach of trust. It can also include practices such as embezzlement, trading in influence, abuse of function, illicit enrichment, concealment, and obstructing justice.
Corruption is broadly linked to negative impacts, such as poverty in transition economies, damage to the environment, abuse of human rights, abuse of democracy, misallocation of investments, and undermining the rule of law. Organizations are expected by the marketplace, international norms, and stakeholders to demonstrate their adherence to integrity, governance, and responsible business practices.
These concepts are covered in key instruments of the Organisation for Economic Co-operation and Development and the United Nations: see the References section of this Standard.
The disclosures in this Standard can provide information about an organization’s impacts related to corruption, and how it manages them.
Effective date: 1 July 2018
GRI 205: Anti-corruption
1. Management approach disclosures
2. Topic-specific disclosures
Disclosure 205-1 Operations assessed for risks related to corruption
Disclosure 205-2 Communication and training about anti-corruption policies and procedures
Disclosure 205-3 Confirmed incidents of corruption and actions taken