November for GRI has been about cooperation, working with companies to kick-off or improve their reporting, and with other frameworks to achieve better alignment. From GRI in the Corporate Reporting Dialogue, to its participation in P4G in Denmark, the emphasis is on alliance and collaboration.
Sustainability reporting can really help companies of all sizes, and anywhere in the world to improve their own processes and publicly demonstrate their responsible business practices. Through its Competitive Business Program and with with the support of SECO (Swiss State Secretariat for Economic Affairs), GRI helped SMEs in Ghana report for the first time. Participating SMEs and GRI learnt that sustainability reporting can lead to clear business benefits for smaller companies in developing countries, and that digital tools can encourage and facilitate reporting.
Reputation, quite simply, is everything. It is painstakingly built and carefully protected, yet, can implode in a moment and take years to reconstruct. In short, every reputational point matters. Yet there is one thing that can catapult a company into the hearts and minds of consumers over competitors: Introducing the Purpose Premium.
GRI and CDP share an ambition: to drive corporate sustainability reporting and use of data to inform decision-making. Both organizations want to catalyze action towards creating social, environmental and economic benefits for everyone – and work collaboratively towards this goal.
AMSTERDAM, November 8, 2018 /3BL Media/ – GRI is pleased to announce that Ms. Bekeme Masade-Olowola, Mr. Jack Ehnes, and Dr. Jianzhong Lu, will join the GRI Board of Directors for a first 3-year term on 1 January 2019.
by John Howell, Editorial Director & VP of Content, 3BL Media
When I began this newsletter exactly one year ago, the inspiration came from the increasing CEO activism I saw taking place throughout the business community. I had been reporting for 3BL Media on this movement since its beginnings, in 2014, when Apple’s Tim Cook and Starbucks’ Howard Schultz spoke out on gay rights and race, respectively. From their positions at the top of highly profitable companies with large, loyal consumer bases, I thought their statements bold and welcome, although privileged and perhaps unique.
Elaborating a better sustainability report that is in line with the GRI Standards can be a challenging exercise. Particularly the balance between a wider sustainability narrative and the hard-and-fast Standards can be difficult to maintain. And, because each company or organization has different approaches to collecting, systematizing and presenting data, report preparers may want more certainty as to their advances, and room for improvement.
As the data collection for many report preparers gains momentum, we are happy to announce new and updated GRI Standards and services to support reporters' work. GRI’s improved Disclosure Review Services, and the mapping between the WFE Guidance and Metrics to the GRI Standards are examples of how report preparers can ensure their report better meets stakeholder requirements.