Gap Analysis

Strategic mapping of existing client mix of information to commonly-used disclosure standards...

  • Mapping of publicly-available data & client supplied information mix
  • Alignment with GRI Standards, CDP, RobecoSAM CSA (for DJSI), SDGs, SASB and other frameworks
  • Guidance, assistance and tools to fill "missing" information efficiently
  • Preparation of formal gap analysis as strategic project roadmap planning tool 
  • Existing efforts leveraged towards enhancing sustainability disclosure and reporting

More on Gap Analysis

The G&A Institute team has years of experience in assisting corporate & institutional clients with disclosure and reporting of sustainability data & narrative for stakeholders, including shareholders.  There are primary standards available for disclosure and reporting, and our team maps and assists managers in providing data sets and other information to the third party standard-setters, analytics providers, raters/rankers/scorers, and information delivery platforms. 

For example our GRI Standards Gap Analysis Service includes these vital steps (Gap Analysis for other frameworks includes a similar approach):

  • A Gap Analysis is a first step in strategic planning and moving towards a globally-accepted GRI Standards 'Core' or 'Comprehensive' compliant report.
  • Typically, many pieces of information and data sets are available in various areas of existing public disclosure which align with various indicator requirements of GRI Standards (such as annual reports, 10K, 10Q, Proxy Statements, Policy Statements, Web site materials, sustainability reports, codes of conducts and more).
  • More is available internally.  We work with clients to gather this information in a systematic way using templates for various divisions within the organization that commonly hold relevant information to particular indicators.
  • The GRI Standards Guidelines feature 58 General Standard Disclosures; and Specific Standard Disclosures consisting of 91 Indicators.
  • To report GRI Standards “In Accordance” with “Core,” organizations have to report on 34 General Standard Disclosures, and on one (1) indicator from each Aspect that the organization identifies as material to the business.  To report “In Accordance” with "Comprehensive", organizations have to report on all 58 General Standard Disclosures, and every indicator from each material Aspect.
  • Results of a G&A GRI Standards Gap Analysis are a map of the required disclosures needed for the first in accordance with "Core" or "Comprehensive" level sustainability report.
  • Our sustainability report analysts map where existing information exists -- for example in NON-GRI Sustainability Reports, CDP responses, investor responses, website pages, 10Ks, proxy statements, policies / procedures / codes, and other client supplied documents.  Much of the information can be used to meet specific GRI indicator requirements. 
  • We identify gaps where required information is currently unavailable and needs to be acquired.
  • We examine up to three (3) industry peers in the client's sector (preferably being GRI reporters) for their disclosure levels on all of the GRI Standards “Core” indicators. This process enables us to score the indicators with a preliminary materiality score for each indicator, and will help to focus on key material indicators for your sector. Determining Materiality is a key part of the GRI Standards reporting process. These peer benchmark rankings will help the client organization's management team to prioritize specific sustainability aspects to report on and determine which are most worthy of investing resources and time.
  • With this exercise, the client's sustainability disclosures can be made more complete, comparable, robust --  and be of more value to the user base (i.e., stakeholders including employees, customers, and stockholders). This significantly enhances the return on investment of the client's existing sustainability efforts.