The Clorox Company’s integrated annual report presents the company’s financial and corporate responsibility performance for fiscal year 2018, 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. Key corporate responsibility priorities may include, but are not limited to, topics that could have a significant financial impact on the organization.
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 an “” throughout the report. We continue to look for opportunities to provide external review of metrics that provide further insight into how we create value for all our stakeholders.
This year’s report has been developed in accordance with the Global Reporting Initiative’s Sustainability Reporting Standards, which represent a global best practice for reporting on a range of economic, environmental and social impacts. More information on the GRI standards is available at globalreporting.org. A full list of our GRI disclosures can be found here.
Incorporated into the GRI Sustainability Reporting Standards Index is the Communication on Progress, which describes the company’s actions in implementing the Ten Principles of the United Nations Global Compact.
Most data in this report covers wholly and majority-owned operations for July 1, 2017, through June 30, 2018. In some instances, we have included data for a multiyear period to show year-over-year comparisons. Data in this report for environmental sustainability and volunteer hours is for the period of Jan. 1, 2017, through Dec. 31, 2017, and is global unless otherwise stated.