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.
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.
The Independent Appointments Committee has an extraordinary open call for nominations to fill an unexpected vacancy in the Business Enterprise constituency on the GRI Global Sustainability Standards Board (GSSB). Apply before 31 October!
Global network of standard-setting organizations to accelerate widespread adoption of impact measurement and management
October 10, 2018 /3BL Media/ - A group of leading global organizations, including the Global Reporting Initiative (GRI), have joined forces to create the Impact Management Project. This network is an unprecedented effort to develop methods to measure the environmental and social impacts of investment decisions. The goal is to align investment with sustainable business practices in order to achieve the Sustainable Development Goals (SDGs).
The 17 Sustainability Development Goals (SDGs) reflect the ideals of our time and aim to ensure that everyone can fulfill their potential in dignity and equality, while protecting the planet from degradation, and in harmonious, peaceful and just societies. The commitment of governments has been translated into clear and measurable targets, that get evaluated yearly during the Voluntary National Reviews (VNR).
To provide healthy and safe working conditions, organizations need a robust management approach that drives the prevention of physical and mental harm and the promotion of workers’ health. In addition to benefiting workers, it is also good business. First, a healthy workforce is more productive and engaged. Second, promoting a healthy work environment helps to attract – and hold on to – talented workers.
Companies now better equipped to report on both harm prevention and health promotion
AMSTERDAM, October, 4 2018 /3BL Media/ - Healthy and safe working conditions are recognized as a human right – yet it is estimated that close to 2.8 million people die from work-related injuries and illnesses every year, according to the International Labour Organization. A lack of robust occupational health and safety (OH&S) management can put the lives of workers and their families at risk and can limit countries’ potential for sustainable development.
The business benefits of sustainability reporting do not go unnoticed: in addition to a useful risk management tool, reporting can also generate savings, inform better decision-making, and increase stakeholder trust. But many companies new to reporting are asking: where should we start?