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Appendix 1. G4-18: Defining material aspects and boundaries in accordance with GRI

Scope of this report
This Integrated Annual Review is published by EY in the Netherlands. It relates to the fiscal year ended June 30, 2016. It is designed to bring together material information about our strategy, performance, prospects and governance in a way that reflects the economic, social and environmental context in which we operate. It was prepared in accordance with the framework of the International Integrated Reporting Council (IIRC). We present our financial statements separately.

This review discusses the activities carried out in the Netherlands by the entities Ernst & Young Nederland LLP, Ernst & Young Accountants LLP, Ernst & Young Belastingadviseurs LLP, Ernst & Young Actuarissen B.V., Ernst & Young CertifyPoint B.V., Ernst & Young VAT Rep B.V., Ernst & Young Real Estate Advisory Services B.V., Beco Groep B.V., Centre B.V., CFORS B.V. and Stichting Ernst & Young Foundation. Ernst & Young Nederland LLP is the coordinating and facilitating entity of the Dutch EY organization but does not provide any services to clients. Ernst & Young Belastingadviseurs LLP has a strategic alliance with Holland Van Gijzen Advocaten en Notarissen LLP. Holland Van Gijzen accordingly falls within the scope of this review.

In this Integrated Annual Review we set out our vision and aspirations for the future. Such forward-looking statements can be recognized by the use of words such as aspire, strive, attempt and aim. These statements are subject to uncertainties, which is why our assurance provider cannot provide assurance on such forward-looking statements.

GRI G4 Content Index
EY bases its Corporate Responsibility reporting on the fourth generation Global Reporting Initiative (G4) guidelines. The topics presented are consistent with our corporate responsibility policy and are based on a materiality analysis.

The GRI Index is published as a separate report on our website. The GRI G4 Content Index report has been prepared in accordance with the Comprehensive criteria. This report, including the GRI G4 Content Index, but excluding the in-control statement, was fully subject to both an internal audit by EY’s auditors and an external audit by BDO, EY’s independent auditor.

XBRL
The Integrated Annual Review and the financial statements are also available in XBRL format. XBRL is a standardized means to communicate and exchange business information between business systems.

Transparency report
In addition to this report, Ernst & Young Accountants LLP publishes a Transparency Report. This is a statutory requirement for firms auditing the financial statements of public interest entities. The main topics included in the Transparency Report are governance, quality (policy and assurance), independence and remuneration policy.

All reports are available online on our corporate reporting website www.ey.com/nl.

Materiality determination process
We enhance transparency by disclosing our main issues and impacts in our Integrated Annual Review. In the previous year we had conducted an extensive stakeholder consultation in order to identify our material topics. Last year we elaborated on the analysis we had made in the previous year, and we decided to update, complement and sharpen our material topics. The process comprised the following four steps:
  1. Conduct desk research (internal and external documentation and meetings)
  2. Take 2014/2015 material topics as the basis and update in accordance with the outcome of desk research
  3. Finalize and validate with Board of Directors
  4. Determine 2015/2016 materiality
Reporting standards and data compilation
The financial statements have been prepared in accordance with International Financial Reporting Standards (IFRS) endorsed by the European Union.

Financial and non-financial information is derived from a variety of sources. Where possible, it is taken from existing systems and supplemented with information provided by the line managers responsible for the relevant area.