- In accordance with GRI Guidelines
Novo Nordisk reports – and has done so since 2002 – in accordance with The Global Reporting Initiative’s (GRI’s) 2002 Sustainability Reporting Guidelines. The Guidelines require reporting in accordance with 11 principles and against a list of 97 sustainability performance indicators, of which 50 are core indicators that must be reported on.
See more information about the GRI Guidelines
Reporting in accordance with the GRI Guidelines requires meeting five conditions:
- Reporting on numbered elements in Sections 1 to 3 of Part C of the Guidelines. These can be found in the GRI Index table.
- Vision and Strategy
Description of the company’s strategy with regard to sustainability, including a statement from the CEO.
Overview of the company’s structure and operations and of the scope of the report.
- Governance Structure and Management Systems
Description of organisational structure, policies, and management systems, including stakeholder engagement efforts.
- Performance Indicators
Measures of the impact or effect of the company divided into integrated, economic, environmental, and social performance indicators.
- Vision and Strategy
- Include a GRI Content Index as specified in Section 4 of Part C; – a table identifying where the information is located in the report. A summary of this can be found in the printed report on page 58, and in full in the GRI Index table.
- Respond to each core indicator in Section 5 of Part C by either (a) reporting on the indicator or (b) explaining the reason for the omission of each indicator. These can be found in the GRI Index table.
- Ensure that the report is consistent with the principles in Part B of the Guidelines. These principles are grouped in four clusters which:
- Form the framework for the report (transparency, inclusiveness, auditability);
- Inform decisions about what to report (completeness, relevance, sustainability context);
- Relate to ensuring quality and reliability (accuracy, neutrality, comparability); and
- Inform decisions about access to the report (clarity, timeliness)
An overview of how Novo Nordisk reports against these principles can be found in Reporting Principles
Include the following statement signed by the board or CEO: “This report has been prepared in accordance with the 2002 GRI Guidelines. It represents a balanced and reasonable presentation of our organisation’s economic, environmental, and social performance.”
This report has been prepared in accordance with the 2002 GRI Guidelines. It represents a balanced and reasonable presentation of Novo Nordisk’s economic, environmental and social performance. In the printed version of the Annual Report 2004, Novo Nordisk has chosen to incorporate this statement into the
Management Statement alongside the other accounting and reporting standards – mandatory and voluntary – that Novo Nordisk adheres to. We found this a more appropriate place, as the Management Statement is signed by the Board of Directors and the Executive Management. The alternative place is by no means to be interpreted as a lack of support to the GRI; on the contrary we wish to highlight its role as standard-setter and guiding framework.