Zoom meetings
Text messages

Always join with Computer Audio
This pops up when you join the meeting.
(Un)Mute yourself

Turn your video
on/offPhone controls for participants:
The following commands can be entered via
DTMF tones using your phone's dial pad while
in a Zoom meeting:Press *6 - Toggle mute/unmute
Press *9 - Raise hand

Issues with Zoom? Please contact balaban@globalreporting.org for assistance.

GSSB virtual meeting

16 May 2024

Session 1
Welcome to meeting
Carol Adams

Agenda – 16 May 2024
Start End Duration Session(minutes)Agenda item

Introduced by Public/
privateWelcome to meeting
Approval of Item 01 – Draft summary of theGSSB meeting held on 9-10 April 2024
GRI Topic Standard Project for Labor –Exposure drafts approval

Carol Adams

12:30- 12:35

5

1

Public12:35- 13:20

45

2

13:20

- 13:301032024 Project schedule addendum

Izzy Ensor/
PublicNatalia Uribe/Peter Colley(GSSB Sponsor)
Bastian Buck
Public13:30- 13:35

54

Any other business and close of meeting

Carol Adams

Public13:35- 14:30

55

5Private session

PrivatePrivate

4

Scheduled approvalItem 01 – Draft summary of the GSSB meeting held on 9-10 April 2024

Does the GSSB approve:
Item 01 – Draft summary of the GSSB meeting held on 9-10April 2024

GSSB Decision 2024.08 GSSB resolves to approve Item 01 – Draft
summary of the GSSB meeting held on 9-10 April 2024.
5

Session 2
GRI Topic Standard Project forLabor – Exposure draft approval
Izzy Ensor / Natalia Uribe / Peter Colley (GSSBsponsor)

GRI Topic Standard Project for Labor
Project objectives• Review, revise, and develop the labor-related GRI Standards• Revise in the light of the new 2021 Universal Standards and theincorporation of corporate human rights due diligence• Build on the latest insights from authoritative intergovernmental
instruments such as:• International Labour Organization’s Conventions andRecommendations• OECD Guidelines for Multinational Enterprises• UN Guiding Principles

7

GRI Topic Standard project for Labor
Current labor-related topic standards under review

8

GRI Topic Standard Project for Labor
Updates. Division of Labor topics

Set 1••••

Employment Topic Standard​
Remuneration and Working Time Topic Standard​
Significant Changes for Workers Topic Standard​
Control of work standard interpretation​ to GRI 2Set 2•••

Working life and Career development

Training and Education Topic Standard​
Working Parents and Caregivers Topic Standard​
Diversity, Inclusion and Equal Opportunity Topic Standard

Set 3•••••

Employment Practices and Conditions

Workers’ Rights and Protection

Child Labor Topic Standard​
Modern Slavery and Forced Labor Topic Standard
Non-discrimination Topic Standard​
Freedom of Association and Collective Bargaining Topic Standard​Workers in Business Relationships Topic Standard​
9

GRI Topic Standard Project for Labor
Technical Committee and Advisory GroupLabor Technical Committee

Advisory Group• International Labour Organization (ILO)Business Enterprise• Assent Inc• IKEA• Position Green• Law firm Tanabe and Partners• Ulula• International Organization of Employers (IOE)• International Trade Union Confederation (ITUC)
and the Global Unions Federations (GUFs)
Click here for TC member biographies

Investment Institution• Norges Bank Investment Management

Civil society• Middlesex University• UNICEF• University of Aberdeen Business School• VeritéMediating Institution• ESG Research Institute at Kim & Chang
Click here for AG members biographies

10

GRI Topic Standard Project for Labor
Project updateProject
initiation

Project
commencement

Draft
development

PublicexposureStandardrevisionApproval &publication

Set 1: Employment Practices and Conditions• Exposure drafts submitted to GSSB for approval in May 2024
• Public comment period from 4 June to 4 October 2024
• Final publication estimated for Q2 2025

Set 2: Working life and Career development• Exposure drafts submitted to GSSB for approval in October 2024
• Public comment period from November 2024 – February Q1 2025

• Final publication estimated for Q3 2025
Set 3: Workers Rights and Protection• Exposure drafts submitted to GSSB for approval in GSSB Q2 2025
• Public comment period from during Q2-Q3 2025
• Final publication estimated for Q4 2025/Q1 2026
11

GRI Topic Standard Project for Labor
Summary of the proposals• Set 1 standards focus on how the organization manages its paid work and employment
relationships.
• Mirroring management disclosures with metrics in the topic disclosures to capture both impacts.
• Emphasis on the workers’ representative's involvement in the design and implementation oflabor policies.

• Being specific in the scope of workers for each requirement such as employees or workers whoare not employees.

12

GRI Topic Standard Project for LaborOverview of changes

Employment draft standardExposure draft​

GRI 401: Employment 2016

EMPL 1 Employment arrangements

New disclosure incorporating Disclosure 401-1

EMPL 2 Apprenticeship and internshipNew disclosure​​

EMPL 3 Recruitment policies

New disclosure​

EMPL 4 Performance management systems​

New disclosure​

EMPL 5 Personal data protection and privacy

New disclosure​

EMPL 6 Termination policies

New disclosure​

EMPL 7 New hires and turnover

New disclosure incorporating Disclosure 401-1

EMPL 8 Incidents related to recruitment

New disclosure​

EMPL 9 Performance reviews​New disclosure​

EMPL 10 Incidents related to personal data protection and privacy

New disclosure​

13GRI Topic Standard Project for Labor
Overview of changes
Remuneration and Working Time draft standardExposure draft​

GRI 202: Market Presence 2016
GRI 405: Diversity and Equal Opportunity 2016
GRI 401: Employment 2016

REWO 1 Policies to determine remuneration

New disclosure​​

REWO 2 Policies to determine working time

New disclosure​​

REWO 3 Transparency of remuneration and working time

New disclosure​

REWO 4 Remuneration of workers

New disclosure incorporating Disclosure 202-1

REWO 5 Basic gender pay gap

New disclosure incorporating Disclosure 405-2

REWO 6 Social protection coverage

New disclosure incorporating Disclosure 401-2

REWO 7 Monitoring and working time

New disclosure​

14

GRI Topic Standard Project for Labor
Overview of changes
Significant changes for workers draft standardExposure draft​

GRI 402: Labor and Management Relations 2016

SICH 1 Management of significant changes for workers

New disclosure incorporating Disclosure 402-1

SICH 2 Minimum consultation and notice periods

New disclosure incorporating Disclosure 402-1

SICH 3 Redeployment and training

New disclosure​

15

GRI Topic Standard Project for Labor
Control of work Interpretation Guidance to GRI 2
Clarifies example provided in the guidance of GRI 2-8:
Workers of one of the organization’s suppliers, where the organization instructs the supplier to use
particular materials or work methods to manufacture the products or deliver the services.

Aims to clarify that providing product or service specifications to a business relationship does notnecessarily mean the organization has control over the workers.
Provides additional guidance on the definition of two conditions of control of work
• directs the work performed• controls the means or methods for performing the work16

Highlights of the GSSB Feedback
Questions were raised about• The concept of Control of work and contractual relations• Subsets of workers• Indirect recruitment and third-party employment• Actions to reduce negative impacts and encourage positive impacts• How organizations in practice will report all labor-related table/matrix data
• Reporting on Human Capital versus Reporting on Human Rights• Disaggregation of data

• Number of disclosures versus transparency and information needed• Alignment between management disclosures versus topic disclosures• Connection between set 1, set 2 and set 3• Differences between working time arrangements and different types of leave• Retirement benefits and social protection

17

Scheduled approvals for Public comment
Does the GSSB approve:

GSSB Decision 2024.09 resolves to approve Item 02 – GRI
Topic Standard Project for Labor – Employment
GSSB Decision 2024.10 resolves to approve Item 03 – GRI
Topic Standard Project for Labor – Remuneration and Working time

GSSB Decision 2024.11 resolves to approve Item 04 – GRI
Topic Standard Project for Labor – Significant Changes for workersGSSB Decision 2024.12 resolves to approve Item 05 – GRI
Topic Standard Project for Labor – Control of Work Standard
Interpretation to GRI 2GSSB Decision 2024.09, 2024.10, 2024.11 and 2024.12 GSSBresolves to approve the above items.
18Session 32024 Project Schedule addendum
Bastian Buck

2024 draft Project Schedule addendum

Item 7 sets out the 2024 draft Project Schedule addendum tothe GSSB Work Program• The draft project schedule is presented in line withthe elements in the GSSB Work Program 2023-2025• The addendum is reflective of the latest GSSB decisions andthe latest project updates as discussed during the April
GSSB meeting• After approval, the project schedule addendum to the GSSBWork Program 2023-2025 will be published on the GRIwebsite

21

Scheduled approval
Item 07 – 2024 draft Project Schedule addendum to the GSSB Work Program 2023-2025

Does the GSSB approve:
Item 07 – 2024 draft Project Schedule addendum to theGSSB Work Program 2023-2025

GSSB Decision 2024.13 GSSB resolves to approve Item 07 – 2024
draft Project Schedule addendum to the GSSB Work Program 2023-2025.
22

Session 4
Any other business and close ofpublic sessionsCarol Adams

THANK YOU
www.globalreporting.org

global-reporting-initiative-gri@GlobalReportingInitiative@GRI_Secretariat