According to the World Bank Group, close to 95% of all businesses worldwide can be classified as small and medium-sized enterprises (SMEs). That is some 400 million companies, that form the backbone of the global economy. As such, they have an important part in the global economy and play a crucial role in a more sustainable world.
As a standard setter in sustainability reporting, GRI has a responsibility to engage in sustainability reporting and exemplify best practice in doing so. But, as a small non-profit organization, it faces constraints and challenges when reporting on its impacts. As part of our effort towards transparency, we’ll be sharing the process that we underwent when writing our sustainability report, the problems that we found along the way, and the solutions that we found. And it all begins with the materiality assessment.
Every three years, Schneider Electric defines a new indicator to measure its sustainability achievements that form part of the Group’s non-financial results. The sustainability indicators are presented together with the Group’s financial information: by the CEO at the annual and half-year results, and by the CFO at the first and third quarter results. This integrated communication demonstrates Schneider Electric commitment to making sustainability part of the company’s long-term strategy.
by Jennifer Allison, Vice President, Supply Chain Sustainability
Championing Transparency – Leadership That Everyone Can See
Transparency is an increasing and transformational trend, with vehicles such as social media and virtual reality now providing unprecedented abilities and responsibilities in sharing thoughts and experiences with others.
2017 marked 20 years of the Global Reporting Initiative (GRI). It was a year of celebration, of looking back and being proud of the strong basis that we have created for the future. But most of all, it was a year in which we took a long, hard look at where we are, and where we want to be, and our new leadership took action to ensure that we are on course to get there.
May 16, 2018 /3BL Media/ - A new report released today by the nonprofit organization Ceres finds that companies with strong systems for board sustainability oversight are more likely to perform better on sustainability challenges such as climate change, water scarcity and pollution, and human rights abuses.
FORT MILL, S.C., May 15, 2018 /3BL Media/ -- Award-winning news for Domtar, a leading global provider of pulp, paper and personal care products. The company is pleased to announce its 2017 Sustainability Report, “Working Smart for the Long Term,” has been named the winner in two categories of the Corporate Register Reporting Awards 2018 program (CRAA’18). More than 121 entries submitted by 61 organizations across 6 continents were judged and Domtar won in the categories of Creativity in Communication and Openness & Honesty.
GRI is happy to announce the appointment of Peter Paul van de Wijs as Chief Communications Officer as of June 2018. With over 20 years of professional experience in communications and sustainability, he brings a unique perspective to help reinforce GRI’s position as the leading sustainability reporting organization.