Tools available for more meaningful sustainability reporting
Understanding how companies contribute to solving the great issues of our time, like combatting poverty, acting on climate action, and supporting sustainable cities and communities is crucial to achieving the Sustainable Development Goals (SDGs). But showing how companies are addressing the issues of the day is not always so straightforward.
It is a little over three years since the adoption of EU Directive 2014/95/EU on non-financial disclosure. By now, all EU Member States have transposed these rules into their relevant national legislation, and some innovative and progressive practices have emerged. At GRI, we want to highlight some of the best practices in the application of these state-specific requirements.
In the first episode of 2018, GRI interviews Caroline Rees, President of Shift, the leading center of expertise on the UN Guiding Principles on Business and Human Rights. There's also a report from the World Economic Forum Annual Meeting in Davos, where GRI’s Chief Executive Tim Mohin delivered an important message to world leaders. You will also find out how GRI's Regional Hub in South Asia is helping local businesses contribute to the UN Sustainable Development Goals.
The transparency that comes from corporate responsibility reporting can help us create a better world.
That was my message to the people I met at the World Economic Forum (WEF) Annual meeting in Davos. As a first time WEF participant, I was amazed at the concentration of leaders, from all over the world, who are committed to improving the state of the world. The theme of this year’s meeting was Creating a Shared Future in a Fractured World.
Discussion paper provides practical assistance to report on poverty
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In September 2016, GRI embarked on a research project with DFID to review the relationship between corporate sustainability reporting and business action on poverty alleviation, with the aim of identifying how improved data and reporting can optimize business’s contribution to ending poverty. The role of business is essential, and we see corporate sustainability reporting a significant driver of positive social change.
For the fifth consecutive year, Novartis is publishing an annual Corporate Responsibility (CR) Report. The report is divided into four chapters based on our CR material clusters: access to healthcare, innovation, patient health and safety and ethical business practices. Each chapter provides readers with focused information on our approach and performance in each of these areas.
The report has been prepared in accordance with the GRI Standards: Core option. And it supplements the CR chapter in the Novartis 2017 Annual Report.
A second 60-day public comment period is now open to review further updates to the draft of GRI 303: Water. This revised draft addresses the input provided by stakeholders during the first public comment period and aims to further improve the common global language for reporting on water impacts.
Diverse stakeholder input is imperative to maintain this robust, credible sustainability reporting Standard.
Reporting companies have many options when it comes to disclosure: the GRI Standards, IIRC, SASB, CDP and the CDSB provide different ways to be transparent. Now we’re all working towards the SDGs, how is that changing the way these organizations relate to one another? Is the fragmentation real or is it just a myth?
An interview with Flavia Micilotta, Eurosif’s Executive Director
Sustainable and responsible investment is helping mobilize and direct finance towards building a more inclusive, stable and greener European economy. We talked to Flavia Micilotta, Executive Director at Eurosif, to discover how.
Eurosif is the pan-European sustainable and responsible investment (SRI) membership organization whose mission is to promote sustainability by means of European financial markets, and through its membership network encompassing €8 trillion in total assets.