annual report 2014

KEY FIGURES

INVESTMENT IN
SOCIAL PROGRAMMES

LETTER FORM THE CHAIRMAN

Inditex succesfully comines the strength of its business model with demanding economic objectives and innovative strategies for social and environmental sustainability.

Pablo Isla
Chairman

ABOUT THIS REPORT

This Annual Report has been drafted based on the principles of the United Nations Global Compaq and the guidelines and principles of the G4 Global Reporting Initiative and the International Framework as well as those principles standards included in AA1000 APS (2008) norm for Accountability. According to these criteria, the report presents all the issues that have an economic, social and environmental impact relevant to Inditex, since they can substantially influence the evaluation and decision making of stakeholders. These issues are identified and evaluated from a materiality process that involves the main stakeholders.

Our Annual Report has been conceived as an Integrated Report, in order to inform our stakeholders of how Inditex creates value in the short, mid and long-term. With the aim of conveying this information in a transparent, truthful, relevant and detailed way, we include the best practices in reporting and complement this information in our corporate webpage: www.inditex.com.

EXTERNAL VERIFICATION

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). 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. The results of this verification demonstrate that the application level (In Accordance – Exhaustive) declared for the GRI Guide (G4) is appropriate.

INTERNATIONAL REPORTING INITIATIVES SUBSCRIBE BY INDITEX

GLOBAL REPORTING INITIATIVE

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 2014 Annual Report is published in accordance with the guidelines set out in the new G4 Guide launched by GRI last year

INTEGRATED REPORTING

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

In line with the principles established in the Framework, Inditex’s 2014 Annual Report is presented as an integrated report

THE GLOBAL COMPACT

Participant in the United Nations Global Compact since 2001

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 GRI index