Our goal is to create comparability with our competitors, despite differences in the business models. In principle, our valuation basis is the standard for the Global Reporting Initiative (GRI), valid since 2016, and we expand the system of measurement indicators accordingly. By implication, you will see that a few numbers are still missing, which leaves a lot of room for manoeuvre in the future.
The GRI consists of a cooperative partnership of hundreds of companies, investors, rating agencies, auditors, associations, unions, non-governmental organisations (NGOs) and scientists. The task of the GRI is to develop globally applicable guidelines for the creation of sustainability reports. These GRI guidelines have become established internationally as the standard for sustainable reporting. Tönnies is expanding its sustainability strategy along these GRI guidelines. In addition, we take into account the extensions for the food industry.
As the desire for comparability is constantly increasing, the Food and Agriculture Organization of the United Nations (FAO) has also developed guidelines for the sustainability assessment of companies in the agricultural and food sectors.