D11: Policy on Governance Issues

Maximum Score

3 points

Pillar

Governance

Topic

Management & Policy

---

Does the entity have a policy or policies that address governance issues?

Assessment Instructions

Intent: What is the purpose of this indicator?

Policies on governance 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 / or documents (PDF), containing the organization’s governance policies

Examples of governance topics include, but are not limited to, corruption, fraud, whistleblowing and remuneration at the corporate level, conflict of interest policies.

Best practice disclosures would contain a full suite of governance policies, easily accessible and aligned with good corporate governance standards and control mechanisms.

Terminology

Corporate Governance Issues

Governance structure and composition of the entity. This includes how the highest governance body is established and structured in support of the entity’s purpose, and how this purpose relates to economic, environmental and social dimensions.

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.

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 Ensure that the hyperlink is not outdated and the relevant page is directly accessible.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.

---

References

EPRA Best Practices Recommendations on Sustainability Reporting, 3rd version, (September 2017): (2017): 7.9, Narrative on performance

GRI Sustainability Reporting Standards (2016): 102-35; 102-37;

GRI 205 RobecoSAM Corporate Sustainability Assessment (2017): 3.1.7