What It Is

LGPD (Lei Geral de Proteção de Dados Pessoais, Law No. 13.709/2018) is Brazil's comprehensive data protection regulation. Enacted in 2018 and fully enforced since 2021, it safeguards personal data of natural persons with extraterritorial scope applying to processing in Brazil, targeting residents, or collected there. It follows a risk-based approach with 10 core principles like purpose limitation, necessity, and accountability.

Key Components

• 10 principles (purpose limitation, adequacy, necessity, transparency, security, prevention, non-discrimination, accountability).
• 10 legal bases for processing (consent, contracts, legitimate interests, etc.), stricter for sensitive data.
• Data subject rights (access, correction, deletion, portability, anonymization, objection to automated decisions).
• **GovernanceMandatory DPO for controllers, records of processing, DPIAs for high-risk activities.
• Enforcement by ANPD with graduated sanctions up to 2% Brazilian revenue (R$50M cap).

Why Organizations Use It

LGPD compliance avoids hefty fines, operational suspensions, and reputational damage while building trust, enabling market access in Brazil's digital economy, and supporting innovation via anonymization exemptions. It aligns with GDPR for multinationals, offering competitive edges in e-commerce, fintech, healthcare.

Implementation Overview

Phased risk-based methodology: governance/DPO appointment, data mapping/RoPA, policies/DSRs, technical controls (encryption, access), training, vendor management/SCCs, audits. Applies to all sizes/industries processing Brazilian data; no certification but ANPD audits/enforcement.

What It Is

GRI Standards, officially the Global Reporting Initiative Standards, are a voluntary modular framework for sustainability reporting. Their primary purpose is to enable organizations to disclose significant economic, environmental, and social impacts using an impact-centric materiality approach, focusing on effects on economy, environment, and people rather than solely financial materiality.

Key Components

• Universal Standards (GRI 1: Foundation, GRI 2: General Disclosures, GRI 3: Material Topics) as baseline requirements.
• Topic Standards (e.g., GRI 403 Occupational Health & Safety, GRI 308 Supplier Environmental Assessment) for specific disclosures.
• Sector Standards for high-impact industries like Oil & Gas and Mining.
• Core principles: accuracy, balance, verifiability; mandatory GRI Content Index for traceability; no formal certification, but "in accordance" claims require full compliance.

Why Organizations Use It

• Aligns with regulations (e.g., EU CSRD) and investor demands.
• Enhances risk management, stakeholder trust, and benchmarking.
• Builds credibility, supports supply chain due diligence, and drives performance improvement.

Implementation Overview

Phased approach: materiality assessment, data systems build, disclosures via Content Index. Applicable to all sizes/industries globally; external assurance recommended but voluntary.