General basic contents
| Page | Omissions | External verification | Description | Global Compact | |
|---|---|---|---|---|---|
| Strategy and analysis | |||||
| G4-1 | Letter from the Chairman | Yes | Statement from the most senior decision-maker | ||
| G4-2 | Evolution of main indicators Setting and opportunity management 1. Scope of the Company’s Risks Management System 3. Main risks that could prevent attainment of business goals | Yes | Description of key impacts, risks and opportunities, including an assessment of the performance of the supply chain | ||
| Organisational profile | |||||
| G4-3 | Auditing and monitoring committee | Yes | Name of the organisation | ||
| G4-4 | Retail Formats | Yes | Primary brands, products and services | ||
| G4-5 | 6. Notes to the consolidated annual accounts of the Inditex group at 31 january 2015 | Yes | Location of the organisation’s headquarters | ||
| G4-6 | Commercial presence Retail Formats Appendix II | Yes | Countries in which relevant activities are carried out | ||
| G4-7 | 1. Ownership structure | Yes | Nature of ownership and legal form | ||
| G4-8 | Commercial presence Appendix II | Yes | Markets served | ||
| G4-9 | Main indicators 1. Consolidated sustainability balance sheet | Yes | Scale of the organization | ||
| G4-10 | Fomento de la motivación de equipos Quality employment 1. Consolidated sustainability balance sheet Due to the company’s activity, the number of contracts is not reported as it is not considered a relevant indicator; on the other hand, an exhaustive control of the suppliers working for the organisation is carried out. The breakdown of employees per type of contract and per shift is currently reported in Spain. At the end of this financial year these data were not available for the scope of this Report. The company is working on a system to integrate information in a consolidated database. This indicator is expect to be included by 2017. |
Yes
|
Details of organisation’s employees and external workers | Principle 6 | |
| G4-11 | 70% of Inditex employees are covered by a collective agreement (there were no significant changes to this indicator on a country level from 2013). | Yes | Percentage of employees covered by collective bargaining agreements | Principle 3 | |
| G4-12 | Main indicators Traceability of the supply chain 1. Identification of the supply chain 1. Consolidated sustainability balance sheet | Yes | Description of the supply chain | ||
| G4-13 | Main indicators 1. Identification of the supply chain 5. Consolidated statement of changes in equity Consolidated directors’ report at 31 January 2015 | Yes | Significant changes during the year | ||
| G4-14 | 1. Scope of the Company’s Risks Management System | Yes | Precautionary principle | ||
| G4-15 | Letter from the Chairman Traceability of the supply chain 4. Stakeholders engagement More sustainable textile fibres and design | Yes | External principles or initiatives to which the organisation subscribes or endorses | ||
| G4-16 | 2. Assessment of the supply chain 4. Stakeholders engagement 5. Sustainability of the supply chain | Yes | Main memberships of associations | ||
| Material aspects and coverage | |||||
| G4-17 | Appendix I - Composition of the Inditex Group | Yes | Entities included in the financial consolidation and included within the boundaries of this report | ||
| G4-18 | Main indicators Materiality Analysis Appendix I - Composition of the Inditex Group | Yes | Definition of the content and scope of the report and the application of GRI principles | ||
| G4-19 | Materiality Analysis Balance of material issues | Yes | Material aspects identified | ||
| G4-20 | Materiality Analysis Balance of material issues The contents of the Annual Report are defined based on the materiality analysis. This analysis takes into account the different stages of Inditex’s value chain in order to identify the most relevant internal and external aspects. The Material Aspects identified within the organization by means of this focus are also material for all entities that form part of the Inditex Group. | Yes | Coverage within the organisation | ||
| G4-21 | Materiality Analysis Balance of material issues | Yes | Coverage outside the organisation | ||
| G4-22 | There were no significant changes that led to a redrafting of the information. The details of any changes in information with a timescale or organizational scope different to that of previous years are described along with the data in question. | Yes | Restatement of information provided in previous reports | ||
| G4-23 | 5. Consolidated statement of changes in equity Consolidated directors’ report at 31 January 2015 | Yes | Significant changes in the coverage or scope of the report | ||
| Participation of stakeholders | |||||
| G4-24 | Materiality Analysis | Yes | Stakeholders related to the organisation | ||
| G4-25 | Materiality Analysis Social Council Inditex performs a detailed analysis of its stakeholders with the aim of identifying the impact of its activities on stakeholders and developing a strategy aimed at attaining sustainability in its processes. | Yes | Base for selection of stakeholders | ||
| G4-26 | Materiality Analysis 2. Assessment of the supply chain 3. Optimization of the supply chain Social Council Balance of material issues Investors and stock market indexes 1. Company’s control environment | Yes | Approaches to engagement of the stakeholders, including the frequency of contacts by type and category of stakeholders | ||
| G4-27 | Materiality Analysis 3. Optimization of the supply chain Balance of material issues | Yes | Approaches to engagement of the stakeholders, including the frequency of contacts by type and category of stakeholders | ||
| Report profile | |||||
| G4-28 | 6. Notes to the consolidated annual accounts of the Inditex group at 31 january 2015 The Annual Report reflects the Inditex Group’s economic, social and environmental performance in the year 2014, which extends from 1 February 2014 to 31 January 2015. | Yes | Reporting period | ||
| G4-29 | June 2014 | Yes | Date of most recent previous report | ||
| G4-30 | 6. Notes to the consolidated annual accounts of the Inditex group at 31 january 2015 | Yes | Reporting cycle | ||
| G4-31 | Investor Relations | Yes | Contact point for questions regarding the report | ||
| G4-32 | Main indicators | Yes | GRI index in relation to the chosen “in accordance” option | ||
| G4-33 | Main indicators | Yes | External assurance of the report | ||
| Governance | |||||
| G4-34 | 1. Ownership structure 3. Board of Directors 4. Board of Directors’ committees | Yes | Governance structure | ||
| G4-35 | 4. Board of Directors’ committees Social Council Consolidated directors’ report at 31 January 2015 | Yes | Delegation of authority from the highest governance body to decision-makers and other employees | ||
| G4-36 | 6. Senior executives 7. Related-party transactions and conflict of interest situations 5. Main relationships of the Audit and Control Committee | Yes | Executive-level positions or positions with responsibility for economic, social and environmental topics | ||
| G4-37 | Materiality Analysis Social Council | Yes | Processes for consultation between stakeholders and the Board of Directors | ||
| G4-38 | 3. Board of Directors 4. Board of Directors’ committees 5. Remuneration | Yes | Composition of highest governance body | ||
| G4-39 | 3. Board of Directors | Yes | Report whether the chairman of the maximum body of government is also an executive officer, and the reason for this arrangement | ||
| G4-40 | 3. Board of Directors 4. Board of Directors’ committees | Yes | Selection and appointment of the members of highest governance body | ||
| G4-41 | 6. Senior executives 7. Related-party transactions and conflict of interest situations | Yes | Procedures for avoiding conflict of interests in the highest governance body | ||
| G4-42 |
3. Board of Directors
1. Scope of the Company’s Risks Management System
2. Corporate bodies responsible for drawing up and enforcing the Risks Management System
Additional information available on the Inditex website Our principles: http://www.inditex.com/en/our_group/our_approach Sustainable management: http://www.inditex.com/en/sustainability/managing_sustainability |
Yes | Highest governance body and senior executives’ role in the development, approval and updating of the organisation’s vision, mission, values, strategies, policies and objectives | ||
| G4-43 | 3. Board of Directors | Yes | Highest governance body’s collective knowledge of economic, environmental and social topics | ||
| G4-44 | 3. Board of Directors 5. Main relationships of the Audit and Control Committee | Yes | Work of the maximum body of government | ||
| G4-45 | Materiality Analysis 3. Board of Directors Consolidated directors’ report at 31 January 2015 1. Scope of the Company’s Risks Management System | Yes | Procedures of the highest governance body for supervising the identification and management of the economic, environmental and social performance, and its role in applying the processes of due diligence in consultations with stakeholders | ||
| G4-46 | 2. Corporate bodies responsible for drawing up and enforcing the Risks Management System | Yes | Highest governance body’s role in supervising the effectiveness of the management of risks and opportunities in economic, environmental and social topics | ||
| G4-47 | 3. Board of Directors 6. Senior executives 2. The Audit and Control Committee: origin and evolution, regulation and composition 3. Activities of the Audit and Control Committee: Sessions held, business transacted, reports and attendees | Yes | Frequency of highest governance body’s supervision of impacts, risks and opportunities in economic, environmental and social topics | ||
| G4-48 | Materiality Analysis 2. General Meeting of Shareholders The Board of Directors is the body in charge of reviewing and approving the Annual Report | Yes | Highest body responsible for reviewing and approving the report | ||
| G4-49 | 3. Board of Directors | Yes | Procedures for reporting critical concerns to the highest governance body | ||
| G4-50 | Social Council Investors and stock market indexes Investors and stock market indexes 3. Activities of the Audit and Control Committee: Sessions held, business transacted, reports and attendees 3. Activities of the Audit and Control Committee: Sessions held, business transacted, reports and attendees | Yes | Matters of crucial interest reported to the highest governance body | ||
| G4-51 | 5. Remuneration 6. Senior executives 6. Notes to the consolidated annual accounts of the Inditex group at 31 january 2015 4. Main lines of action 5. Main relationships of the Audit and Control Committee For more information please consult the Annual Report on Board Member Remuneration (sections A.2.1., A.2.3. and A3) available at: www.inditex.com | Yes | Procedure for determining the remuneration of the highest governance body and senior executives, indicating whether independent consultants are used | ||
| G4-52 | 4. Main lines of action For more information please consult the Annual Report on Board Member Remuneration (sections A.1.3., A.3. and D.3) available at: www.inditex.com | Yes | Report on how stakeholders’ opinions and expectations have been taken into account in remuneration policies | ||
| G4-53 | 4. Main lines of action For more information please consult the Annual Report on Board Member Remuneration (sections A.1.3., A.3. and D.3) available at: www.inditex.com | Yes | Report on how stakeholders’ opinions and expectations have been taken into account in remuneration policies | ||
| G4-54 | Quality employment 5. Remuneration 6. Senior executives | Yes | Remuneration ratio in the organisation | ||
| G4-55 | Quality employment 5. Remuneration 6. Senior executives | Yes | Increase in remunerations in the organisation | ||
| Ethics and integrity | |||||
| G4-56 | Creation of social and economic value Integrity of the supply chain 9. Code of conduct Social Council Code of Conduct and Responsible Practices: http://www.inditex.com/en/our_group/our_approach/code_conduct_responsible_practices | Yes | Description of the values, principles, standards and norms of behaviour such as codes of conduct and codes of ethics | Principle 10 | |
| G4-57 | 9. Code of conduct Social Council 1. Company’s control environment | Yes | Internal and external procedures for seeking advice on lawful and ethical behaviour | Principle 10 | |
| G4-58 | 9. Code of conduct Social Council 1. Company’s control environment | Yes | Internal and external procedures for reporting behaviours contrary to ethics or law or that affect the organisation’s integrity | Principle 10 | |