Standard Interpretations
Standard Interpretations are issued by the Global Sustainability Standards Board (GSSB), GRI’s independent standard-setting body. Their purpose is to clarify what needs to be reported under a reporting requirement in the GRI Standards. Standard Interpretations are developed according to due process as defined in the GSSB Due Process Protocol.
The GSSB has issued one Standard Interpretation for GRI 401: Employment 2016 on how to calculate the rates of new employee hires and employee turnover.
Standard Interpretation for GRI 401: Employment 2016
The Standard Interpretation for GRI 401 clarifies the reporting requirements for Disclosure 401-1 ‘New employee hires and employee turnover’. The Standard Interpretation clarifies that organizations are not required to comply with clause 2.1 in GRI 401 (‘The reporting organization shall use the total employee numbers at the end of the reporting period to calculate the rates of new employee hires and employee turnover’). For the Interpretation Statement, see page 14 of GRI 401.
This Standard Interpretation is effective for reports of other materials published on or after 1 July 2018. In other words, an organization can use it from 1 July 2018 onwards.