In September 2015, all 193 Member States of the United Nations set a very ambitious and necessary agenda for achieving a better future for us all by adopting a set of 17 global goals: the Sustainable Development Goals (SDGs). The SDGs aim to end poverty and hunger, fight inequalities and injustice, and protect our planet.
And, if we want to realize these goals, it’s essential that we get “buy in” from investors around the world.
Companies that follow GRI’s sustainability reporting framework provide higher quality disclosures than those that don’t, according to a recent study by US-based consulting firm, the Governance and Accountability Institute Inc. High quality data leads to better decision making by the company, investors and other stakeholders, which can help drive both the bottom line and sustainable development.
Asia is ready to take its sustainability reporting to the next level. Venues at the recent GRI Standards launch events in Taiwan, Indonesia and Vietnam were packed with participants, eager to support the move towards quality reporting.
Sustainability reporting by small and medium business enterprises (SMEs) can have a big economic impact. We talk to Katrin Ochsenbein, to understand the relevance of sustainability reporting in the Swiss approach to economic development cooperation and trade promotion in Asia. Katrin is Program Manager in the Trade Promotion Division at the Swiss State Secretariat for Economic Affairs (SECO). Here Katrin explains how improving reporting capacity of SMEs will promote sustainable value chains, and help emerging economies leapfrog in their development.
GRI strongly supports the work of the Financial Stability Board’s Task Force on Climate-related Financial Disclosures (TCFD). The TCFD recommendations take an important step towards integrating sustainability information into financial disclosures. Investors and other stakeholders will be better informed by the TCFD disclosures on climate-related financial risks and opportunities.
The GRI Standards Pioneers Program has kicked off with over 150 members
Created exclusively for the GOLD Community members, the Standards Pioneers Program has kicked off with an impressive participation rate. The 153 Pioneer organizations come from 44 different countries and multiple sectors.
It is with great sadness that we have learned of the passing of Ernst Ligteringen in London, UK, this week. Ernst joined GRI in 2002, and transitioned it from a project that was started under CERES, in Boston, US, into an independent international organization with a solid independent governance structure and system.
Triggering tangible economic, social, and environmental improvements in the developing countries was the underlying essence of GRI’s second annual donors meeting. The discussion centered on GRI’s work in emerging markets and how sustainability reporting can support solutions for tackling critical development challenges.