Jurisdiction - Australia
Reports and Analysis
Asia Pacific – G4: The Impact On Reporting.
15 July, 2013


The Global Reporting Initiative’s (GRI) next generation guidelines (G4) were launched on 22 May 2013.


In this audio recording Wim Bartels, KPMG’s Global Head of Sustainability Assurance, outlines the latest generation Guidelines from GRI. The session highlights the five most significant changes in G4 compared to the previous Guidelines (G3/G3.1) and discusses the impact these changes could have on reporting organizations.


click here to play episode


KPMG highlights five significant changes in GRI's next generation reporting guidelines (G4) and discusses the impact on reporting organizations.


The content of the G4 Guidelines may, at first glance, appear not to be a radical departure from the previous Guidelines (G3), but will in fact have a significant impact on the corporate reporting process. Companies can now begin to transition from the G3 to G4 over a two year period and reports produced after 31st December 2015 will need to follow G4. 


KPMG International’s briefing paper highlights the five most significant changes in G4:


  1. Materiality takes center stage
  2. Reporting boundaries redefined
  3. ‘In Accordance’ levels replace A, B, C
  4. New governance disclosure requirements
  5. New supply chain requirements


The paper discusses how the content of G4 varies from G3 and the potential impact on organizations’ reporting process and content.


View the paper here.


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This article was supplied by KPMG. 




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