Global Reporting Initiative+Product and service and labeling incidents of non-compliance fined (G4-PR4-a1)
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Product and service and labeling incidents of non-compliance fined (G4-PR4-a1)

What is the total number of incidents of non-compliance with regulations concerning product and service information and labeling resulting in a fine or penalty?

Company
Industry
Project
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Year
Metric value
Companies Values
UniCredit Group
2016 = 3
Takeda Pharmaceutical
2016 = 1
Grupo Nutresa S.A.
2015 = 1
Sumitomo Mitsui Financial
2016 = 0
DNB Financial Corporation
2016 = 0
Ferrero International
2015 = 0
BRF Brasil Foods
2016 = 0
Diageo
2015 = 0
Novo Nordisk
2016 = 0
Teva Pharmaceutical Industries Limited
2014 = 0
Air France
2015 = Unknown
Sodexo
2016 = Unknown
Louis Vuitton Malletier SA (LVMH)
2015 = Unknown
Korea Agro - Fisheries & Food Trade Corporation
2015 = Unknown
Royal Bank of Scotland Group plc
2015 = Unknown
AccorHotels
2015 = Unknown
Resona Holdings
2012 = Unknown
Alpina Foods
2015 = Unknown
Advanced Chemical Industries Ltd - ACI
2016 = Unknown
Asahi Group Holdings
2015 = Unknown

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Topics
Metric Type
Researched
Research Policy
Community Assessed
Report Type
Communication on Progress
Corporate Social Responsibility Report
Value Type
Number
Unit:
Range:

About

This metric is based on the Global Reporting Initiative (GRI) G4 Guidelines. It covers one of the requirements of Indicator G4-PR4 - 'Report the total number of incidents of non-compliance with regulations concerning product and service information and labeling resulting in a fine or penalty'.

The display and provision of information and labeling for products and services are subject to many regulations and laws. Non-compliance indicates either inadequate internal management systems and procedures or ineffective implementation. In addition to direct financial consequences, such as penalties and fines (refer to G4-PR9), non-compliance poses a risk to reputation and customer loyalty and satisfaction.

The trends revealed by this Indicator may indicate improvements or deterioration in the effectiveness of internal controls.

Methodology

This metric is looking for the total number of incidents of non-compliance with regulations concerning product and service information and labeling, resulting in a fine or penalty.

For WikiRate researchers:

  • Incidents of non-compliance in which the organization was determined not to be at fault are not counted in this Indicator.

  • This Indicator refers to incidents of non-compliance within the reporting period. If a number of incidents relate to events in preceding periods, indicate this in the comments.

  • If the organization has identified no non-compliance with the above mentioned regulations, please add “0” as the answer and include a brief statement of this fact as a comment to the value. If the company does not report this Indicator, submit the answer as “Unknown”.

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