Deadline approaching for Universal Standards public comment period
The consultation on revisions to the Universal Standards, the reporting that is at the foundation of all sustainability reporting through GRI, is open for 10 more days.
Groups, organizations and individuals around the world are urged to contribute their views and help shape these changes – which will be the biggest update since GRI transitioned in 2016 from providing guidelines to setting globally applicable standards. The public comment period will close on 9 September 2020.
By Laura Espinach, GRI Head of Technical Development
In June, we announced a major update to the reporting at the heart of the GRI Standards. The planned revisions to the Universal Standards are significant because they will affect every organization that uses the GRI Standards, supporting them to more effectively report their most significant impacts on the economy, environment and people.
Amid rising global demand for clarity in the sustainability reporting ecosystem, the Sustainability Accounting Standards Board (SASB) and the Global Reporting Initiative (GRI) are pleased to announce a collaborative workplan.
Global Standards Fund to drive ambition for the GRI Standards
A global fundraising initiative has been launched to safeguard and increase GRI’s ability to deliver the leading sustainability standards that encourage organizations to embrace responsible business practices.
The Global Standards Fund will bring together an international coalition of like-minded foundations, governments, private sector organizations and individuals who all want to see companies integrate transparency at the core of their operations.
STATEMENT BY TIM MOHIN, CHIEF EXECUTIVE OF GLOBAL REPORTING INITIATIVE (GRI)
“In recent weeks we have seen a tipping point reached – and passed – in the Black Lives Matter movement. As protests have spread around the world, they have ignited demands for equality and an end to systemic racial bias in all its forms. Organizations are rightly being pressed to set out how they are responding to this call – and the need for transparency has never been higher.
GRI ready to support European reporting standards on sustainability impacts
June 15, 2020 /3BL Media/ - GRI, provider of the world’s leading standards for sustainability reporting, has expressed full support for the European Commission’s plans to revise the Non-Financial Reporting Directive (NFRD), for which a public consultation closed on 11 June.
This process sought views from all stakeholders on how to improve public reporting of sustainability information by companies to underpin the sustainable economy objectives of the EU Green Deal.