Introducing the GRI Sustainability Reporting Standards, the first global standards for sustainability reporting.
The GRI Standards help all organizations to report publicly on their economic, environmental and social impacts and show their impacts - positive or negative - to sustainable development. The GRI Standards are based on years of expert input from diverse stakeholders, and represent a common language for sustainability reporting.
GRI’s mission to empower decisions that create social, environmental and economic benefits for everyone, can only be fulfilled if everyone is represented. That is why multi-stakeholder representation is at the core of all of our activities, and our governance. And to make this inclusiveness more tangible, there is a yearly opportunity for different constituencies to become part of our governance bodies.
Members of these governance bodies are experts in their field who are also deeply interested in shaping the future of sustainability reporting.
Mars — the company behind brands like M&Ms, Snickers, and Twix — has been around for more than 100 years. And for most of its history, it has been notoriously private, shying away from the public eye.
But during the last few years, the Mars family and company executives have started to speak out. They've started to make this shift, at least in part, because consumers are starting to care more about where products come from than they had in the past.
Jubilant Life Sciences is a pharmaceutical and life sciences company operating on a global scale. One of the pioneers in India, Jubilant has released a public sustainability report from 2003 onwards. We spoke to Indra Guha, Chief Sustainability Officer at Jubilant, about the benefits the reporting process has brought for the company.
Alliance Data shares how disruptive technologies are reshaping the business and social landscape and creating unparalleled opportunities for the company in its 2017 Corporate Responsibility Report that will be out later this month. In advance of the full report, the abbreviated highlights report shares an overview of 2017, a year that allowed us to thrive and do what we do best - be innovative, smart, trusted, responsible, inclusive and generous.
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.