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What is the total monetary value of significant fines for non-compliance with environmental laws and regulations incurred by the organization?
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Corporate Social Responsibility Report

This metric is based on the Global Reporting Initiative (GRI) Standard Guidelines.

In the context of the GRI Standards, the environmental dimension of sustainability concerns an organization’s impacts on living and non-living natural systems, including land, air, water, and ecosystems.

GRI 307 addresses the topic of environmental compliance, covering an organization’s compliance with environmental laws and/or regulations. This includes compliance with international declarations, conventions and treaties, as well as national, sub-national, regional, and local regulations.

Non-compliance within an organization can indicate the ability of management to ensure that operations conform to certain performance parameters. In some circumstances, non-compliance can lead to clean-up obligations or other costly environmental liabilities. The strength of an organization’s compliance record can also affect its ability to expand operations or gain permits.

*In 2018, the GRI G4 Sustainability Reporting Guidelines were superseded by the GRI Sustainability Reporting Standards (GRI standards). For this metric, the code G4-EN29 is used in company reporting prior to 2018, and the new GRI 307-1 code used in reporting from 2018 onwards. The methodology for the former G4 standard for this metric can be found here.


Methodology

To identify the monetary value of significant fines look for:

-Significant fines and non-monetary sanctions for non-compliance with environmental laws and/or regulations in terms of total monetary value of significant fines.


If the organization has not identified any non-compliance with environmental laws and/or regulations, look for their statement of this fact and cite it in the comments section.

Keywords and search terms for this metric:

- Environmental
- Compliance
- Fines
- 307
- GRI
- GRI Index

Always include the page number where you found the answer in the Comments field below. Select the 'Unknown' answer box if the company has not published the data.

Units

The reporting unit is US Dollars. If the value is reported different currency please consult this page to find the conversion rate to use according to the company's reporting year. Once you have found the correct conversion rate, multiply that number by your answer to get the USD rate. Include this calculation in your comments.