November 13, 2018 /3BL Media/ - Launched simultaneously at the Bloomberg Sustainable Business Summit in London and in Sydney, during the World Congress of Accountants 2018, Corporate Reporting Dialogue participants committed to driving better alignment of sustainability reporting frameworks, as well as with frameworks that promote further integration between non-financial and financial reporting.
GRI, together with other major international corporate reporting standard setters and framework providers, has announced a ground-breaking new two-year project focused on driving better alignment in the corporate reporting landscape, to make it easier for companies to prepare effective and coherent disclosures that meet the information needs of capital markets and society.
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GRI, together with other major international corporate reporting standard setters and framework providers, has announced a ground-breaking new two-year project focused on driving better alignment in the corporate reporting landscape, to make it easier for companies to prepare effective and coherent disclosures that meet the information needs of capital markets and society.
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.
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.
The story is being well told -– a growing number institutional shareowners and their global networks of asset managers steadily embrace ESG / sustainable investing approaches. Corporations of all sizes are adopting sustainability strategies and churning out sustainability and responsibility reports to tell the story of their sustainability journey. Many national, state and local governments are following through on their commitments made in Paris in 2015 (the Paris Accord on climate change). NGOs galore are focused on driving sustainability into all corners of human behavior.
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.
The Intergovernmental Panel on Climate Change (IPCC) was organized by the United Nations Environment Programme (UNEP) and the World Meteorological Organization (WMO) in 1988 (30 years ago!) to provide a “clear scientific view of the current state of knowledge in climate change and its potential environmental and socio-economic impacts”.
There’s an increasing demand for sustainability data from investors, consumers, and governments, to name only a few groups.
Thousands of the world’s largest companies are producing vast amounts of non-financial data and releasing it publicly, but the information disclosed in sustainability reports is not being used effectively - by companies themselves nor by their stakeholders.
Over one year ago the FSB Task Force on Climate-related Financial Disclosures (TCFD) developed recommendations that help companies disclose climate-related risks and opportunities in their financial filings and help investors make better-informed decisions.
