D10: Policy on Social Issues
Maximum Score
3 points
Pillar
Governance
Topic
Management & Policy
Does the entity have a policy or policies that address social issues?
Assessment Instructions
Intent: What is the purpose of this indicator?
Policies on social issues assist organizations with incorporating sustainability criteria into their business practices. Disclosing these policies can assure investors and other stakeholders that the entity's sustainability processes and procedures are robust.
Input: How do I complete this indicator?
Select yes or no. If yes, disclose where the online information can be found.
Points will be awarded if the disclosure(s) contains either:
An online policy document (PDF), describing the organization’s efforts on social issues/topics; OR
A separate webpage with a header that includes the word “Policy” detailing the company’s approach to social issues; OR
A disclosure within an Annual Report/filing, with a description of the business’ approach towards social initiatives. At a minimum this must consists of three paragraphs, detailing separate social issues.
Examples of social topics include, but are not limited to occupational safety, employee performance and career development, diversity and equal opportunity.
Best practice disclosures include an easily accessible online PDF document, signed by the chief executive officer or approved by the board, outlining the process and methods by which the property company or REIT drives societal value, and manages stakeholder relations.
Terminology
Disclosure
The act of making information or data readily accessible and available to all interested individuals and institutions. Disclosure does not need to be public, but must be external to the reporting entity and cannot be an internal and/or ad hoc communication within the participating entity.
Policy
Defines a commitment, direction or intention as formally adopted by the entity.
Social Issues
Concerns the impacts the entity has on the social systems within which it operates. This includes, but is not limited to community social and economic impacts, safety, health & well-being.
Validation: What evidence is required?
Evidence: URL. Ensure that the hyperlink is not outdated and the relevant page is directly accessible. It is possible to provide multiple hyperlinks.
Scoring
Scoring: How does GRESB score this indicator?
The answer options are validated by using the hyperlink(s) collected by GRESB or provided by the constituent. Points are contingent upon the validity of the disclosure.
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