Oakpar Group adopts the highest standards of accountability for its management, providing a structured and integrated view of its economic, environmental, social and governance results, strategically oriented to ensure sustainability and business continuity. The Company’s accountability encompasses all administration and its respective management, control and monitoring bodies, and is based on all of its internal operating and integrity guidelines, with a view to fulfilling fiduciary duty and holding its administrators accountable.
Oakpar Group uses its social networking portal to disclose, in a structured and consistent manner, its equity and financial position, performance and other results achieved, consolidated in the “Financial Information” and “Publications and Documentation” sections.
Oakpar Group adopts a transparent, concise, comprehensible and timely financial reporting model, based on summarised financial statements comparing the previous financial year, drawn up from the audited figures of the full Assets Statement, Income Statement Comprehensive Income Statement, Cash Flow Statement (CFS), Statement of Changes in Equity, and Value Added Statement (VAD), as well as the integrated reporting of financial, manufactured, intellectual, human, social and relationship, and natural capital, based on annual and sustainability reports, in a full integrated format.
Oakpar Group’s integrated reporting follows the standards set out in the ISSB Standards, in addition to the GRI Standards, and aims to strengthen the transparency of accountability and improve the quality and depth of the information presented by offering an objective material snapshot for decision-makers around the world on the company’s ability to generate value in the short, medium and long term. The reports also take into account guidelines and good practices recommended by the World Economic Forum (WEF), in addition to being aligned with the Sustainable Development Goals (SDGs) and the Principles of the United Nations (UN) Global Compact.
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