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What is Social Auditing? Social Auditing is a way of measuring and reporting on an organization's social and ethical performance. An organization which takes on an audit is deemed to be transparent and makes itself accountable to its stakeholders. Role of the Social Auditor The external social auditor task is to verify data and gather evidence for all significant assertions in the report. Depending on the pre-defined scope, the social auditor may also assess the report’s conformance to particular standards or protocols, and will test underlying systems that monitor performance and generate data contained in the report. In addition, the auditor will also make specific recommendations to the organization. Auditor Independence Auditor independence and impartiality lie at the very heart of issuing credible assurance and ensure that the auditor is always in a position to challenge and question the organization’s approach.
Sustainability Reporting The Global Reporting Initiative (GRI) has issued detailed guidelines for such reports. The GRI Framework identifies nearly 80 performance indicators, and set out reporting principles. organisations are encouraged to report against these guidelines. The reporting requirements are set up in a way that organizations can start with a ‘level C’ report and build up to a ‘level A’ report. The GRI Guidelines are the most widely used in the sustainability reports of companies. In South Africa, the King III Report recommends that organisations prepare integrated sustainability reports and refers to the GRI Guidelines as “providing excellent guidance”.
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