Chuckles courtesy of Scotiabank and CBSR
The lines read as follows: “For the first time, assurance for this report’s Global Reporting Initiative (GRI) table has been provided by Canadian Business for Social Responsibility. CBSR reviewed the information included here to ensure that it meets GRI reporting requirements.”
I had to chuckle wondering if CBSR is now competing in the non-financial reporting assurance business or is Scotiabank hoping that uninitiated readers will assume that a very high level of external scrutiny was applied to this sustainability report?
Reminding myself that this is a simple blog (and NOT investigative journalism), I will now assume that CBSR did not conduct (or promise) anything that deserves the reserved termed ‘assurance’ when conducting what seems to be a very simple (and usually pretty cheap) 3rd Party Check of the GRI Index. [As shown on one of
Now curious about other hidden treasures in this report, I quickly searched for information on Scotiabank’s performance in terms of adherence to laws, standards, and voluntary codes related to marketing/communications. Helpfully, Scotiabank’s CBSR ‘assured’
However, when searching for GRI Performance Indicator PR7 which would detail “Total number of incidents of non-compliance with regulations and voluntary codes concerning marketing communications, including advertising, promotion, and sponsorship by type of outcomes” I came up empty both in the CBSR 'assured' Index and in Scotiabank’s report. Go figure…. but don't despair. After all: TGIF!