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 | Yes | From the CEO |
| G4-2 | Provide a description of key impacts, risks, and opportunities | Yes | From the CEO |
| 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 | Highlights-2018 |
| 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 2018 |
| G4-29 | Date of most recent previous report (if any) | Yes | For the year 2017 |
| 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 | Person responsible for sustainability answers directly to CEO |
| 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 | Person responsible for sustainability answers directly to CEO |
| 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 - strategy and vision |
| 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 - about the report |
| 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 | CEO |
| 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 | |||
| 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 |
| 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 |
| 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 |
| 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 |
| Procurement practices | |||
| G4-EC9 | Proportion of spending on local suppliers at significant locations of operation | Yes | Economy - procurement policy |
| Product responsibility | |||
| 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 | Quality and traceability |
| 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 |
| 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 |
| Customer privacy | |||
| G4-PR8 | Total number of substantiated complaints regarding breaches of customer privacy and losses of customer data | Yes | No incidents |
| 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 incidents |
| Labor practices and decent work | |||
| 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 | |
| Labor/management relations | |||
| G4-LA4 | Minimum notice periods regarding operational changes, including whether these are specified in collective agreements | Yes | Employees - human rights |
| 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 | Employees - Safety |
| G4-LA6 | Type of injury and rates of injury, occupational diseases, lost days, and absenteeism, and total number of workrelated fatalities | Yes | Employees - Accidents |
| G4-LA7 | Workers with high incidence or high risk of diseases related to their occupation | Yes | Employees - Accidents |
| G4-LA8 | Health and safety topics covered in formal agreements with trade unions | Yes | Employees - Safety |
| Training and education | |||
| G4-LA9 | Average hours of training per year per employee by gender, and by employee category | Yes | Employees - Training and education |
| 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 - Training and education |
| G4-LA11 | Percentage of employees receiving regular performance and career development reviews, by gender and by employee category | No | |
| 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 |
| 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 | |
| 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 |
| 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 | |||
| Local community | |||
| 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 | Highlights-2018 - Issues |
| 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 |
| Public policy | |||
| G4-SO6 | Total value of political contributions by country and recipient/beneficiary | Yes | Social projects |
| 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 |
| 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 |
| 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 | Highlights 2018 - issues |
| Grievance mechanisms for impacts on society | |||
| G4-SO11 | Number of grievances about impacts on society filed, addressed, and resolved through formal grievance mechanisms | No | Highlights 2018 - issues |
| Human Rights | |||
| 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 | |
| Non-discrimination | |||
| G4-HR3 | Total number of incidents of discrimination and corrective actions taken | No | |
| 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 |
| 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 | |
| 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 | |
| Security practices | |||
| G4-HR7 | Percentage of security personnel trained in the organization’s human rights policies or procedures that are relevant to operations | Party | Employees - Safety |
| Indigenous rights | |||
| G4-HR8 | Total number of incidents of violations involving rights of indigenous peoples and actions taken | Not relevant | |
| Assessment | |||
| G4-HR9 | Total number and percentage of operations that have been subject to human rights reviews or impact assessments | No | |
| 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 |
| 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 | |||
| Materials | |||
| G4-EN1 | Materials used by weight or volume | No | |
| G4-EN2 | Percentage of materials used that are recycled input materials | No | |
| 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 |
| 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 | |
| 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 |
| 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) | Yes | Environment - waste |
| G4-EN21 | Nox, sox, and other significant air emissions | Yes | Environment - fuel use |
| 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 | |
| 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 | |
| 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 |
| 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 | No | |
| Overall | |||
| G4-EN31 | Total environmental protection expenditures and investments by type | No | |
| 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 |
| 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 | No working time lost due to strikes or disputes in the year 2018 |
| 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 | HB Grandi products are in all cases pure, natural and healthy seafood |
| 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 | HB Grandi products are in all cases pure, natural and healthy seafood |