ABOUT THIS INTEGRATED REPORT
The Grupo Nutresa Integrated Report 2015 G4-3 comprises the management carried out during the year ending on December 31, 2015 G4-28, as well as the management strategy and objectives for the next five years, when Grupo Nutresa celebrates 100 years of existence. The report includes the processes, products and services in view of the most important issues for its stakeholders and that have the greatest impact on its ability to generate value.
In 2015 the Organization reviewed its materiality, which allowed it to update its six strategic priorities in sustainability: Behaving with integrity, Fostering profitable growth and effective innovation, Promoting healthy life, Managing responsibly the value chain, Building a better society, Reducing the environmental impact of operations and products.
This report covers 21 relevant issues in the social, environmental and economic areas of all the countries in which Grupo Nutresa has significant operations, with the exception of operations in Venezuela, of which we have only included financial data and the number of employees G4-20. In order to achieve comparability, the data of Chile from 2012 and 2013 of the G4–EN15, G4–EN16 have been re–expressed. Due to the full implementation of International Financial Reporting Standards the data of G4-EC1 from 2014 were also re-expressed. Finally, incidents that do not correspond to non-compliance with voluntary codes that were recorded for Business cookies were removed from the indicator PR2. G4-22 G4-23
This report was prepared in accordance with the Comprehensive Option of the Global Reporting Initiative – GRI G4 – G4-32, guidelines for preparing sustainability reports and the Food Processing Sector Disclosures. The principles and elements of the framework of the International Integrated Reporting Council (IIRC) were also incorporated, emphasizing value creation and better information connectivity.
Likewise, this is the seventh communication on Grupo Nutresa’s progress toward the fulfillment of the ten principles of the United Nations Global Compact and shows the Organization’s contribution to the United Nations Sustainable Development Goals (SDG). G4-15
The financial information of Grupo Nutresa and its subsidiary companies has been prepared in accordance with the International Financial Reporting Standards (IFRS), approved in Colombia and other legal provisions by the respective surveillance and control agencies. The companies apply accounting practices and policies adopted by the Parent Company, which – in the case of the subsidiary companies abroad – do not differ substantially from the accounting practices and policies used in the countries of origin or which have been approved for those that generate a significant impact in the consolidated financial statements. This information was audited by PriceWaterhouseCoopers (PWC).
Non–financial information has been verified by KPMG Advisory Services S. A. S. G4-32, an independent auditing firm that follows the guidelines of international standard ISAE 3000, and whose report has concluded that the information is adequately presented in accordance with the GRI framework. Similarly, KPMG has conducted an analysis of the consistence of the information described in the Chapter “Self–Diagnosis for Incorporating the Principles and Elements of the Integrated Report.”
For readers to have a better understanding, an iconography has been identified that permits clearly identifying the basic GRI Content that correspond to each material issue and the related Sustainable Development Goals.
General standard disclosures G4-10
Specific standard disclosures G4-EN3
Sustainable Development Goals SDG 16
For the GRI Content Index, go to: http://2015report.gruponutresa.com/pdf/GRI_content_index.pdf