Transparency is the fundamental principle that inspires Inditex in its relations with its interest groups, all the stakeholders who have some kind of relationship with the company. Inditex actively participates in the most innovative global reporting initiatives, incorporating best practices into its Annual Report in order to provide transparent, reliable, relevant and accurate information.

The Annual Report sets out the most important social, economic and environmental developments of the year, allowing stakeholders to assess the value created and performance of the Group over the year.

Inditex’s Annual Report has been verified by SGS ICS Ibérica, SA, in accordance with ISO 19011 and in line with the principles established in the G4 Guide to Sustainability Reporting of the Global Reporting Initiative, the principles established in the International Integrated Reporting Framework, and AA1000 AccountAbility Principles Standard 2008 (AA1000APS). The results of this verification demonstrate that the application level (In Accordance – Exhaustive) declared for the GRI Guide (G4) is appropriate. Equally, a selection of relevant indicators was reviewed by KPMG Asesores in accordance with standard ISAE 3000. This selection of indicators was produced based on Inditex’s annual materiality analysis, carried out in conjunction with stakeholders. In 2013, the scope of these groups was expanded.

Inditex has adhered to its criteria since 2002 and is an active member of the Organizational Stakeholders group

Member of the “G4 Pioneers” programme since its launch

The 2013 Annual Report is published in accordance with the guidelines set out in the new G4 Guide launched by GRI last year

The Report has been drafted in “comprehensive accordance” with the G4 Guide (maximum level of adherence)

Member of the Integrated Reporting Pilot Programme of the International Integrated Reporting Council (IIRC) since its launch

Active participation in the drafting of the Integrated Reporting Framework

In line with the principles established in the Framework, Inditex’s 2013 Annual Report is presented as an integrated report

Participant in the United Nations Global Compact since 2001

Committed to aligning company strategies and operations with the 10 principles of the Global Compact

GC Advanced level (maximum level awarded by the Global Compact) in its last Communication on Progress

The Communication on Progress for this Annual Report is included in the Report’s GRI index

• Principles for determining Report contents
• Stakeholders inclusiveness
• Sustainability context
• Materiality
• Completeness
• Principles for determining the quality of the Report
• Balance
• Comparability
• Accuracy
• Timeliness
• Clarity
• Reliability

• Guiding Principles
• Strategic focus and future orientation
• Connectivity of information
• Stakeholder relationships
• Materiality
• Conciseness
• Reliability and integrity
• Consistency and comparability

• AccountAbility Principles AA1000
• Inclusivity
• Materiality
• Responsiveness