A major property developer in one of the world’s most vibrant cities, Canary Wharf aims to embed sustainability in the heart of its business. The company has included non-financial information in their corporate reports since 1987. We spoke to Martin Gettings, Group Head of Sustainability at Canary Wharf, about how sustainability reporting helps them to tell compelling stories and inspire others.
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.
Homebuilder celebrates its culture of innovation and sustainability
The first major homebuilder to publish a comprehensive sustainability report in 2008, KB Home continues its commitment to documenting the Company’s industry leadership in sustainability and its strategies for future progress.
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.
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.
Modern Slavery affects an estimated 46 million people around the world and poses a prominent risk for companies. Transparency on human rights in supply chains is becoming increasingly necessary due to rising consumer interest as well as regulatory developments.
Sustainability reporting can help companies comply with legislation, but also to identify and address their impact, and highlight innovative solutions and a path forward.
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.
This month's GRI podcast episode features an interview with Vigeo Eiris, a sustainability rating agency that uses Environmental, Social and Governance data to evaluate companies’ performance. We asked Keeran what makes a good sustainability report, and what are some of the common challenges companies face in the process. We’ll also hear a report from Ireland, where GRI presented a preview of the new Occupational Health and Safety Standard, and the latest sustainability news.