Greenstone has been a participating member of the UN Global Compact since 2013. Each year we publically submit our Communication on Progress (COP) which outlines our commitment to the UN Global Compact’s ten principles.
As a sustainable software company, we use our solution to actively promote the UNGC's principles as a standard for our clients. We are also dedicated to improving the transparency of corporate reporting in the four key areas – human rights, labour, environment and anti-bribery and corruption through supplier management.
This year, in addition to reporting in the four key areas, we carried out a materiality assessment. With a wide range of sustainability topics, organisations can report on, assessing which aspects are most material enables Greenstone to focus our reporting. Both internal and external factors were used to determine ‘materiality’, involving key stakeholders including investors, clients, employees and partners. Materiality is a key part of the Global Reporting Initiative (GRI) reporting framework. As a GRI Organisational Stakeholder, we aim to align Greenstone’s Communication on Progress (COP) with the GRI G4 guidelines and disclosure aspects.
Our recent COP illustrates our commitment to, and progress made, on incorporating the Global Compact and its principles as part of our corporate strategy and the culture of our day-to-day operations.