gssbsecretariat@globalreporting.org

Item 02 – GRI Sector Standard
Project for Financial Services –Proposed member substitution for
Banking Technical Committee
For GSSB approval
Date29 September 2023

Meeting

17-18 October 2023

ProjectSector Standard Project for Financial Services

Description

The Global Sustainability Standards Board (GSSB) has identified the GRI Sector
Standards for Financial Services as a priority project. The proposal was approvedin the GSSB meeting of February 2023. This paper presents one substitutenomination to the banking technical committee for information and approval by theGSSB.

This document has been prepared by the GRI Standards Division and is made available to observers
at meetings of the Global Sustainability Standards Board (GSSB). It does not represent an official
position of the GSSB. Board positions are set out in the GRI Sustainability Reporting Standards. TheGSSB is the independent standard setting body of GRI. For more information visit
www.globalreporting.org.

© GRI 2023

Contents
1.

Background ...................................................................................................................................... 3

2.

Selection process and criteria .......................................................................................................... 33.

Additional proposed member to the banking technical committee .................................................. 4Page 2 of 4

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1. Background2

The GSSB approved the project proposal for the GRI Sector Standard Project for Financial Services

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in its meeting on 16 February 2023. The GRI Standards Division prepared the Terms of Reference for4

the technical committees and provided these to the GSSB with the project proposal in February 2023.

5

At its meeting on 20 July 2023, the GSSB approved 13 Banking Technical Committee members. This

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document presents the substitution of one existing member with a replacement candidate from the7same organization to the committee. The substitute candidate has confirmed their availability and8interest in participating in the technical committee.

92. Selection process and criteria

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In line with the due process protocol, technical committee (TC) members are appointed by the GSSB

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and should reflect a balance of multi-stakeholder constituencies. The approved TC has at least one

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person drawn from each constituency on which the membership of the GSSB is based: business

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enterprise, civil society, investment institution, labor, and mediating institution.

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The principal criteria for selecting TC members are relevant knowledge and experience relating to the15banking sector and its role in sustainable development. In addition, the Standards Division will also

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consider the following:

17•

Adequate knowledge of all parts of the banking sector

18•

Expertise in sustainability reporting in the banking sector

19•

Expert knowledge of the impacts of the banking sector: economic, environmental, and social

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The additional proposed TC member represents the labor constituency. Following the consideration

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and approval from the GSSB of this member, the final composition of the TC remains 13 candidates

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representing the constituencies as follows:

23•Business enterprise: six candidates

24•

Civil society: one candidate

25•

Investment institutions: two candidates

26•

Mediating institutions: three candidates

27•

Labor: one candidate

Page 3 of 4

gssbsecretariat@globalreporting.org

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3. Proposed substitute member to the Banking Technical29

Committee#TitleOrganization

Constituency

Region1Senior Policy
OfficerUNI GlobalUnion

Labor

EuropeExtract of background and experience••••

Senior Policy Officer at UNI Global Union, the Global Union Federation for theservices industries with affiliates representing 20 million workers in 150countries.
Represents 140 trade unions and 3 million workers in the finance sector.
Responsible for a number of cross sectoral issues including health and safety,
human rights due diligence, climate issues, and wider policy support for theorganization.
20+ years working with trade unions.

This document has been prepared by the GRI Standards Division and is made available to observers at meetings of the Global Sustainability Standards
Board (GSSB). It does not represent an official position of the GSSB. Board positions are set out in the GRI Sustainability Reporting Standards. The GSSB isthe independent standard setting body of GRI. For more information visit www.globalreporting.org.

© GRI 2023