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?

Companies Values

UniCredit Group

2016 = 3

Grupo Nutresa S.A.

2015 = 1

Takeda Pharmaceutical

2016 = 1

Ferrero International

2015 = 0

Teva Pharmaceutical Industries Limited

2014 = 0

Sumitomo Mitsui Financial

2016 = 0

Novo Nordisk

2016 = 0

Diageo

2015 = 0

DNB Financial Corporation

2016 = 0

BRF Brasil Foods

2016 = 0

Resona Holdings

2012 = Unknown

Novartis

2016 = Unknown

Ajinomoto

2016 = Unknown

Air France

2015 = Unknown

Heineken N.V.

2015 = Unknown

AccorHotels

2015 = Unknown

Korea Agro - Fisheries & Food Trade Corporation

2015 = Unknown

Lotte Shopping

2014 = Unknown

Remy Cointreau Group

2016 = Unknown

Hilton Worldwide Holdings

2015 = Unknown

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Designed By
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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