about this report
Corporate Responsibility Priorities
The Clorox Company’s integrated annual report presents the company’s financial and corporate responsibility performance for fiscal year 2016 as well as our goals for 2020. It highlights fiscal year financial performance in accordance with Generally Accepted Accounting Principles in the U.S., which include principles for determining materiality related to financial reporting.
Also presented in this report is information about performance related to the company’s corporate responsibility priorities, a term we use instead of materiality to avoid confusion with key financial information. These priorities were developed through work with a third party to determine how much a topic influences our overall business success (i.e., the degree to which it is aligned with our corporate strategy and purpose; the potential impact on our operations, consumers and business partners; as well as potential economic, social and environmental impacts) and the importance of the topic to key internal and external stakeholders. Key corporate responsibility priorities may include, but are not limited to, topics that could have a significant financial impact on the organization.
Review of Nonfinancial Information
We believe voluntary assurance strengthens our reporting process and enhances the credibility of our nonfinancial information. We engage a third party to review the following nonfinancial key performance indicators: U.S. greenhouse gas emissions, U.S. energy consumption, global water consumption, product sustainability improvements, workforce demographics, recordable incident rate, employee engagement and U.S. product donations. Items undergoing assurance are indicated with a throughout the report. We will continue to look for opportunities to provide external review of metrics that provide further insight as to how we create value for all our stakeholders.
Using the Global Reporting Initiative Framework
This year’s report has been developed according to the Global Reporting Initiative’s G4 guidelines, in accordance “core” option, which provide a recommended framework and key performance indicators for sustainability reporting. More information on the G4 guidelines is available at globalreporting.org.
Incorporated into the GRI G4 Content Index is the Communication on Progress, an annual report describing the company’s actions in implementing the Ten Principles of the United Nations Global Compact.
Reporting Period and Boundary
Most data in this report cover wholly and majority-owned operations for July 1, 2015, through June 30, 2016. In some instances, we have included data for a multiyear period to show year-over-year comparisons. Environmental sustainability information presented in this report is for the period of Jan. 1, 2015, through Dec. 31, 2015, and is global unless otherwise stated.