GRI Index 2017

GRI Index, which can be found below, describes the GRI indicators and measurements that HB Grandi meets in the sustainability report. Location of information can be found in the index, such as information about the company, economic performance, environmental performance, social issues, human resource and security issues.

GRI               Description Reporting Comments and links
Strategy and analysis
G4-1 Provide a statement from the most senior decision-maker of the organization No
G4-2 Provide a description of key impacts, risks, and opportunities Yes Sustainability report
Organizational profile
G4-3 Report the name of the organization Yes HB Grandi hf
G4-4 Report the primary brands, products, and services Yes About HB Grandi
G4-5 Report the location of the organization’s headquarters Yes About HB Grandi
G4-6 Report the number of countries where the organization operates, and names of countries where either the organization has significant operations or that are specifically relevant to the sustainability topics covered in the report Yes About HB Grandi
G4-7 Report the nature of ownership and legal form Yes About HB Grandi
G4-8 Report the markets served Yes About HB Grandi
G4-9 Report the scale of the organization Yes HB Grandi - about the report
G4-10 Report the total number of employees by work, contract, gender and region Yes HB Grandi - about the report
G4-11 Report the percentage of total employees covered by collective bargaining agreements Yes Employees
G4-12 Describe the organization’s supply chain Yes About HB Grandi
G4-13 Report any significant changes during the reporting period regarding the organization’s size, structure, ownership, or its supply chain Yes 2017 at a glance
Commitments to external initiatives
G4-14 Report whether and how the precautionary approach or principle is addressed by the organization No
G4-15 List externally developed economic, environmental and social charters, principles, or other initiatives to which the organization subscribes or which it endorses Yes Social projects
G4-16 List memberships of associations Yes Social projects, quality and traceability and environment
Identified material aspects and boundaries
G4-17 List all entities included in the organization’s consolidated financial statements or equivalent documents. Yes HB Grandi - about the report
G4-18 Explain the process for defining the report content and the aspect boundaries Yes HB Grandi - about the report
G4-19 List all the material aspects identified in the process for defining report content. Yes HB Grandi - about the report
G4-20 For each material aspect, report the aspect boundary within the organization Yes HB Grandi - about the report
G4-21 For each material aspect, report the aspect boundary outside the organization Yes HB Grandi - about the report
G4-22 Report the effect of any restatements of information provided in previous reports, and the reasons for such restatements Not relevant
G4-23 Report significant changes from previous reporting periods in the scope and aspect boundaries Not relevant
Stakeholder engagement
G4-24 Provide a list of stakeholder groups engaged by the organization No
G4-25 Report the basis for identification and selection of stakeholders with whom to engage No
G4-26 Report the organization’s approach to stakeholder engagement, including frequency of engagement by type and by stakeholder group, and an indication of whether any of the engagement was undertaken specifically as part of the report preparation process No
G4-27 Report key topics and concerns that have been raised through stakeholder engagement No
Report profile
G4-28 Reporting period for information provided Yes Year 2017
G4-29 Date of most recent previous report (if any) Not relevant
G4-30 Reporting cycle (such as annual, biennial) Yes Annual
G4-31 Provide the contact point for questions regarding the report or its contents Yes csr@hbgrandi.is
G4-32 Report the in accordance option the organization has chosen Yes HB Grandi - about the report
G4-33 Report the organization’s policy and current practice with regard to seeking external assurance for the report Yes HB Grandi - about the report
Governance
G4-34 Report the governance structure of the organization, including committees of the highest governance body. identify any committees responsible for decision-making on economic, environmental and social impacts Yes (only in icelandic) Board’s Rules of Procedure, Audit Committee’s Rules of Procedure, Remuneration Committee’s Rules of Procedure
G4-35 Report the process for delegating authority for economic, environmental and social topics from the highest governance body to senior executives and other employees Yes (only in icelandic) Board’s Rules of Procedure
G4-36 Report whether the organization has appointed an executive-level position or positions with responsibility for economic, environmental and social topics, and whether post holders report directly to the highest governance body Yes Managing director of business development is responsible for sustainability
G4-37 Report processes for consultation between stakeholders and the highest governance body on economic, environmental and social topics. if consultation is delegated, describe to whom and any feedback processes to the highest governance body Partially Managing director of business development is responsible for sustainability
G4-38 Report the composition of the highest governance body and its committees Yes Economy - governance
G4-39 Report whether the chair of the highest governance body is also an executive officer Yes Board director is not an executive officer
G4-40 Report the nomination and selection processes for the highest governance body and its committees, and the criteria used for nominating and selecting highest governance body members in regards to diversity, independence and experience Yes (only in icelandic) Bylaws
G4-41 Report processes for the highest governance body to ensure conflicts of interest are avoided and managed Yes (only in icelandic) Board’s Rules of Procedure
Highest governance body’s competencies and performance evaluation
G4-42 Report the highest governance body’s and senior executives’ roles in the development, approval, and updating of the organization’s purpose, value or mission statements, strategies, policies, and goals related to economic, environmental and social impacts Yes HB Grandi - policy and vision for the future
Highest governance body’s competencies and performance evaluation
G4-43 Report the measures taken to develop and enhance the highest governance body’s collective knowledge of economic, environmental and social topics Yes HB Grandi - policy and vision for the future
G4-44 Report the processes for evaluation of the highest governance body’s performance with respect to governance of economic, environmental and social topics. No
Risk management
G4-45 Report the highest governance body’s role in the identification and management of economic, environmental and social impacts, risks, and opportunities. include the highest governance body’s role in the implementation of due diligence processes No
G4-46 Report the highest governance body’s role in reviewing the effectiveness of the organization’s risk management processes for economic, environmental and social topics No
G4-47 Report the frequency of the highest governance body’s review of economic, environmental and social impacts, risks, and opportunities No
Highest governance body’s role in sustainability reporting
G4-48 Report the highest committee or position that formally reviews and approves the organization’s sustainability report and ensures that all material aspects are covered Yes Managing director of business development
Highest governance body’s role in evaluating economic, environmental and social performance
G4-49 Report the process for communicating critical concerns to the highest governance body Yes (only in icelandic) Bylaws
G4-50 Report the nature and total number of critical concerns that were communicated to the highest governance body and the mechanism(s) used to address and resolve them Yes Economy - governance
Remuneration and incentives
G4-51 Report the remuneration policies for the highest governance body and senior executives Yes (only in icelandic) Remuneration policy
G4-52 Report the process for determining remuneration Yes Employees - human rights
G4-53 Report how stakeholders’ views are sought and taken into account regarding remuneration, including the results of votes on remuneration policies and proposals, if applicable Yes (only in icelandic) Remuneration policy
G4-54 Report the ratio of the annual total compensation for the organization’s highest-paid individual in each country of significant operations to the median annual total compensation for all employees (excluding the highest-paid individual) in the same country No
G4-55 Report the ratio of percentage increase in annual total compensation for the organization’s highest-paid individual in each country of significant operations to the median percentage increase in annual total compensation for all employees (excluding the highest-paid individual) in the same country No
G4-56 Describe the organization’s values, principles, standards and norms of behavior such as codes of conduct and codes of ethics Partially Employees - human rights
G4-57 Report the internal and external mechanisms for seeking advice on ethical and lawful behavior, and matters related to organizational integrity, such as helplines or advice lines No
G4-58 Report the internal and external mechanisms for reporting concerns about unethical or unlawful behavior, and matters related to organizational integrity, such as escalation through line management, whistleblowing mechanisms or hotlines No
Economic
Aspect: economic performance
G4-EC1 Direct economic value generated and distributed Yes Economy
G4-EC2 Financial implications and other risks and opportunities for the organization’s activities due to climate change Yes Environment - collaboration in environmental issues
G4-EC3 Coverage of the organization’s defined benefit plan obligations Yes HB Grandi has no obligations to employees or directors regarding pension liabilities or bonus plans
G4-EC4 Financial assistance received from government Yes Economy - operating results
Aspect: market presence
G4-EC5 Ratios of standard entry level wage by gender compared to local minimum wage at significant locations of operation No
G4-EC6 Proportion of senior management hired from the local community at significant locations of operation Yes Economy
Aspect: indirect economic impacts
G4-EC7 Development and impact of infrastructure investments and services supported Yes Economy - investments into the infrastructure and services of the community
G4-EC8 Significant indirect economic impacts, including the extent of impacts Yes Economy
Aspect: procurement practices
G4-EC9 Proportion of spending on local suppliers at significant locations of operation Yes Economy - procurement policy
Product responsibility
Aspect: customer health and safety
G4-PR1 Percentage of significant product and service categories for which health and safety impacts are assessed for improvement Yes Quality and traceability
G4-PR2 Total number of incidents of non-compliance with regulations and voluntary codes concerning the health and safety impacts of products and services during their life cycle, by type of outcomes Yes No incidents
Aspect: product and service labeling
G4-PR3 Type of product and service information required by the organization’s procedures for product and service information and labeling Yes Quality and traceability
G4-PR4 Total number of incidents of non-compliance with regulations and voluntary codes concerning product and service information and labeling, by type of outcomes Yes Quality and traceability
G4-PR5 Results of surveys measuring customer satisfaction Yes Quality and traceability
Aspect: marketing communications
G4-PR6 Sale of banned or disputed products Yes HB Grandi does not sell products to market where there is active ban
G4-PR7 Total number of incidents of non-compliance with regulations and voluntary codes concerning marketing communications, including advertising, promotion, and sponsorship, by type of outcomes Yes No incidents
Aspect: customer privacy
G4-PR8 Total number of substantiated complaints regarding breaches of customer privacy and losses of customer data Yes Employees - personal data protection legislation
Aspect: compliance
G4-PR9 Monetary value of significant fines for non-compliance with laws and regulations concerning the provision and use of products and services Yes No fines
Labor practices and decent work
Aspect: employment
G4-LA1 Total number and rates of new employee hires and employee turnover by age group, gender, and region No
G4-LA2 Benefits provided to full-time employees that are not provided to temporary or part-time employees, by significant locations of operation Yes Employees
G4-LA3 Return to work and retention rates after parental leave, by gender No
Aspect: labor/management relations
G4-LA4 Minimum notice periods regarding operational changes, including whether these are specified in collective agreements Yes 2017 at a glance - streamlining of groundfish operations
Aspect: occupational health and safety
G4-LA5 Percentage of total workforce represented in formal joint management–worker health and safety committees that help monitor and advise on occupational health and safety programs Yes Safety
G4-LA6 Type of injury and rates of injury, occupational diseases, lost days, and absenteeism, and total number of workrelated fatalities Yes Safety - accidents
G4-LA7 Workers with high incidence or high risk of diseases related to their occupation Yes Safety - accidents
G4-LA8 Health and safety topics covered in formal agreements with trade unions Yes Safety
Aspect: training and education
G4-LA9 Average hours of training per year per employee by gender, and by employee category No
G4-LA10 Programs for skills management and lifelong learning that support the continued employability of employees and assist them in managing career endings Yes Employees - new human resource information system
G4-LA11 Percentage of employees receiving regular performance and career development reviews, by gender and by employee category No
Aspect: diversity and equal opportunity
G4-LA12 Composition of governance bodies and breakdown of employees per employee category according to gender, age group, minority group membership, and other indicators of diversity Yes Employees
Aspect: equal remuneration for women and men
G4-LA13 Ratio of basic salary and remuneration of women to men by employee category, by significant locations of operation No
Aspect: supplier assessment for labor practices
G4-LA14 Percentage of new suppliers that were screened using labor practices criteria No
G4-LA15 Significant actual and potential negative impacts for labor practices in the supply chain and actions taken Partially Employees - human rights
Aspect: labor practices grievance mechanisms
G4-LA16 Number of grievances about labor practices filed, addressed, and resolved through formal grievance mechanisms Partially Employees - human rights
Society
G4-SO1 Percentage of operations with implemented local community engagement, impact assessments, and development programs No
G4-SO2 Operations with significant actual or potential negative impacts on local communities Yes 2017 at a glance - issues
Aspect: anti-corruption
G4-SO3 Total number and percentage of operations assessed for risks related to corruption and the significant risks identified Yes The company does not have at this time a written policy in regards to ethics, anti-corruption, human rights or bribery
G4-SO4 Communication and training on anti-corruption policies and procedures Yes The company does not have at this time a written policy in regards to ethics, anti-corruption, human rights or bribery
G4-SO5 Confirmed incidents of corruption and actions taken Yes The company does not have at this time a written policy in regards to ethics, anti-corruption, human rights or bribery
Aspect: public policy
G4-SO6 Total value of political contributions by country and recipient/beneficiary Yes Social projects
Aspect: anti-competitive behavior
G4-SO7 Total number of legal actions for anti-competitive behavior, anti-trust, and monopoly practices and their outcomes Yes No issues
Aspect: compliance
G4-SO8 Monetary value of significant fines and total number of non-monetary sanctions for non-compliance with laws and regulations Yes No issues
Aspect: supplier assessment for impacts on society
G4-SO9 Percentage of new suppliers that were screened using criteria for impacts on society Yes Economy - procurement policy
G4-SO10 Significant actual and potential negative impacts on society in the supply chain and actions taken Yes 2017 at a glance - issues
Aspect: grievance mechanisms for impacts on society
G4-SO11 Number of grievances about impacts on society filed, addressed, and resolved through formal grievance mechanisms Partially 2017 at a glance - issues
Human Rights
Aspect: investment
G4-HR1 Total number and percentage of significant investment agreements and contracts that include human rights clauses or that underwent human rights screening No
G4-HR2 Total hours of employee training on human rights policies or procedures concerning aspects of human rights that are relevant to operations, including the percentage of employees trained No
Aspect: non-discrimination
G4-HR3 Total number of incidents of discrimination and corrective actions taken No
Aspect: freedom of association and collective bargaining
G4-HR4 Operations and suppliers identified in which the right to exercise freedom of association and collective bargaining may be violated or at significant risk, and measures taken to support these rights Partially Employees - human rights
Aspect: child labor
G4-HR5 Operations and suppliers identified as having significant risk for incidents of child labor, and measures taken to contribute to the effective abolition of child labor No
Aspect: forced or compulsory labor
G4-HR6 Operations and suppliers identified as having significant risk for incidents of forced or compulsory labor, and measures to contribute to the elimination of all forms of forced or compulsory labor No
Aspect: security practices
G4-HR7 Percentage of security personnel trained in the organization’s human rights policies or procedures that are relevant to operations Party Safety
Aspect: indigenous rights
G4-HR8 Total number of incidents of violations involving rights of indigenous peoples and actions taken Not relevant
Aspect: assessment
G4-HR9 Total number and percentage of operations that have been subject to human rights reviews or impact assessments No
Aspect: supplier human rights assessment
G4-HR10 Percentage of new suppliers that were screened using human rights criteria Partially No screening has taken place
G4-HR11 Significant actual and potential negative human rights impacts in the supply chain and actions taken Partially No screening has taken place
Aspect: human rights grievance mechanisms
G4-HR12 Number of grievances about human rights impacts filed, addressed, and resolved through formal grievance mechanisms Partially No screening has taken place
Environment
Aspect: materials
G4-EN1 Materials used by weight or volume No
G4-EN2 Percentage of materials used that are recycled input materials No
Aspect: energy
G4-EN3 Energy consumption within the organization Yes Environment - results and methodology
G4-EN4 Energy consumption outside of the organization Yes Environment - results and methodology
G4-EN5 Energy intensity Yes Environment - results and methodology
G4-EN6 Reduction of energy consumption Yes Environment
G4-EN7 Reductions in energy requirements of products and services Yes Environment - results and methodology
Aspect: water
G4-EN8 Total water withdrawal by source Yes Environment - results and methodology
G4-EN9 Water sources significantly affected by withdrawal of water Not relevant
G4-EN10 Percentage and total volume of water recycled and reused Not relevant
Aspect: biodiversity
G4-EN11 Operational sites owned, leased, managed in, or adjacent to, protected areas and areas of high biodiversity value outside protected areas Not relevant
G4-EN12 Description of significant impacts of activities, products, and services on biodiversity in protected areas and areas of high biodiversity value outside protected areas Yes Environment - sustainable fisheries
G4-EN13 Habitats protected or restored Yes Environment - sustainable fisheries
G4-EN14 Total number of iucn red list species and national conservation list species with habitats in areas affected by operations, by level of extinction risk Partially Environment - sustainable fisheries
Aspect: emissions
G4-EN15 Direct greenhouse gas (ghg) emissions (scope 1) Yes Environment - results and methodology
G4-EN16 Energy indirect greenhouse gas (ghg) emissions (scope 2) Yes Environment - results and methodology
G4-EN17 Other indirect greenhouse gas (ghg) emissions (scope 3) Yes Environment - results and methodology
G4-EN18 Greenhouse gas (ghg) emissions intensity Yes Environment - results and methodology
G4-EN19 Reduction of greenhouse gas (ghg) emissions Yes Environment
G4-EN20 Emissions of ozone-depleting substances (ods) No
G4-EN21 Nox, sox, and other significant air emissions Yes Environment - fuel use
Aspect: effluents and waste
G4-EN22 Total water discharge by quality and destination Partially Environment - results and methodology
G4-EN23 Total weight of waste by type and disposal method Yes Environment - waste
G4-EN24 Total number and volume of significant spills No
G4-EN25 Weight of transported, imported, exported, or treated waste deemed hazardous under the terms of the basel convention2 annex i, ii, iii, and viii, and percentage of transported waste shipped internationally Not relevant
G4-EN26 Identity, size, protected status, and biodiversity value of water bodies and related habitats significantly affected by the organization’s discharges of water and runoff Not relevant
Aspect: products and services
G4-EN27 Extent of impact mitigation of environmental impacts of products and services Yes Environment
G4-EN28 Percentage of products sold and their packaging materials that are reclaimed by category No
Aspect: compliance
G4-EN29 Monetary value of significant fines and total number of non-monetary sanctions for non-compliance with environmental laws and regulations Yes No fines or violations
Aspect: transport
G4-EN30 Significant environmental impacts of transporting products and other goods and materials for the organization’s operations, and transporting members of the workforce Partially In development
Aspect: overall
G4-EN31 Total environmental protection expenditures and investments by type No
Aspect: supplier environmental assessment
G4-EN32 Percentage of new suppliers that were screened using environmental criteria Yes Economy - procurement policy
G4-EN33 Significant actual and potential negative environmental impacts in the supply chain and actions taken Yes Economy - procurement policy
Aspect: environmental grievance mechanisms
G4-EN34 Number of grievances about environmental impacts filed, addressed, and resolved through formal grievance mechanisms Partially No grievances
Food Production
FP1 Percentage of purchased volume from suppliers compliant with company’s sourcing policy Yes Economy - procurement policy
FP2 Percentage of purchased volume which is verified as being in accordance with credible, internationally recognized responsible production standards, broken down by standard Yes Quality and traceability - responsible fisheries
FP3 Percentage of working time lost due to industrial disputes, strikes and/or lock-outs, by country Yes 2017 at a glance - fishermen's strike
FP5 Percentage of production volume manufactured in sites certified by an independent third party according to internationally recognized food safety management system standards Yes Quality and traceability
FP6 Percentage of total sales volume of consumer products, by product category, that are lowered in saturated fat, trans fats, sodium and added sugars Yes HB Grandi products are in all cases pure, natural and healthy seafood
FP7 Percentage of total sales volume of consumer products, by product category, that contain increased nutritious ingredients like fiber, vitamins, minerals, phytochemicals or functional food additives Yes HB Grandi products are in all cases pure, natural and healthy seafood
FP8 Policies and practices on communication to consumers about ingredients and nutritional information beyond legal requirements Yes Small portion of the companies products are in consumer packaging with third party label, HB Grandi is not in charge of design or planning of those labeling
FP9 Percentage and total of animals raised and/or processed, by species and breed type Yes (only in icelandic) Annual report
FP10 Policies and practices, by species and breed type, related to physical alterations and the use of anaesthetic Yes The company only catches natural wild fish
FP11 Percentage and total of animals raised and/ or processed, by species and breed type, per housing type Yes (only in icelandic) Annual report
FP12 Policies and practices on antibiotic, anti-inflammatory, hormone, and/or growth promotion treatments, by species and breed type Not relevant
FP13 Total number of incidents of significant non-compliance with laws and regulations, and adherence with voluntary standards related to transportation, handling, and slaughter practices for live terrestrial and aquatic animals Not relevant