Glossary hi

The IAS (International Accounting Standards) is a set of standards put forth by the International Accounting Standards Board (IASB). The standards instituted after July 2002 are known with the acronym IRFS (International Financial Reporting Standards).

United National agency that seeks to promote social justice and internationally recognised workers’ rights.

Integrated reporting is a process that allows an organisation’s results to be reported by aligning its financial and non-financial data (rather than simply combining this information in an annual report or an additional section to the financial report). The typical financial information is therefore supplemented with information regarding the strategy, development plans, risks, opportunities, governance-related matters and environmental and social issues.

International auditing standard approved in 2011.

The 12-digit alfa-numeric code that identifies a financial instrument (bonds, shares and warrants). The numbering system is standardised by the ISO 6166.

Standard defining the requirements of a management system for organizational quality.

Standard created by the ISO (International Organization for Standardization). ISO 14001 is a voluntary international standard applicable to all kinds of companies, which defines how an effective environmental management system (EMS) should be developed. The ISO 14001 certification issued by an accredited independent body demonstrates the commitment to minimising the environmental impact of processes, products and services and certifies the reliability of the environmental management system applied.

ISO 26000 is a guidance standard containing suggestions and recommendations regarding social accountability. It is not a certifiable standard but a model that suggests the best practices organisations can use as a blueprint to adapt their own guidelines for the operation of internal processes, the supply chain and markets.