sustainability reporting

Review of the GRI Universal Standards

Project to look at the sustainability reporting standards that apply to all organizations
Article
The Global Sustainability Standards Board (GSSB), the independent standard setting body of GRI, is launching a project to review the universal Standards.
 

Flash Report: 86% of S&P 500 Index® Companies Publish Sustainability / Responsibility Reports in 2018

Summary: 

G&A Institute Research Highlights: 
G&A Institute has analyzed index companies’ sustainability reporting activities since 2011. Our research over the past eight years shows that corporate reporting on sustainability -- including environmental, social and governance (ESG) performance and achievements -- continues to be a consistent and reliable for the largest and most influential companies in the US capital markets.

“Sustainability reporting” rose dramatically from 2011, when roughly 20% of companies published reports, to 72% just three years later in 2013. From 2013 to 2017, the frequency of reporting increased each year, reaching 85% in 2017 and now inching up to 86% of companies reporting in 2018.

This enhanced and expanded corporate disclosure and structured reporting on the part of the largest market cap companies underscores the importance and value of considering corporate ESG issues when planning growth strategies, allocating capital, managing resources and communicating results to stakeholders such as customers, employees, and shareholders. 

Press Release

G&A Institute Research Highlights: 
G&A Institute has analyzed index companies’ sustainability reporting activities since 2011. Our research over the past eight years shows that corporate reporting on sustainability -- including environmental, social and governance (ESG) performance and achievements -- continues to be a consistent and reliable for the largest and most influential companies in the US capital markets.

“Sustainability reporting” rose dramatically from 2011, when roughly 20% of companies published reports, to 72% just three years later in 2013. From 2013 to 2017, the frequency of reporting increased each year, reaching 85% in 2017 and now inching up to 86% of companies reporting in 2018.

This enhanced and expanded corporate disclosure and structured reporting on the part of the largest market cap companies underscores the importance and value of considering corporate ESG issues when planning growth strategies, allocating capital, managing resources and communicating results to stakeholders such as customers, employees, and shareholders. 

Renewing GRI’s Governance

Shape the future direction of the global leader in sustainability standards
Press Release

GRI, provider of the world’s most widely used sustainability reporting framework, has launched a global search to find new members for its decision making and advisory functions.

GRI’s independent, multi-stakeholder approach sets us apart from other standard setters. That is why we are seeking the broadest societal participation in our governance, so that we are inclusive and representative across sectors and geographic boundaries.

Therefore, any individual of high integrity and relevant experience is invited to apply to the join one of the following five bodies:  

Embracing the Complexity of Waste

By Judy Kuszewski, Chair of the GRI Global Sustainability Standards Board
Article

It is no longer enough for a company to just track statistics on how much plastic they collected for recycling, or their reduction in waste going to landfill. The world is facing a waste crisis and the solution is simple: organizations need to embrace the complexity of the waste problem.

Open Call for GRI Standards Governance Bodies

Opportunities to Join Global Sustainability Standards Board and Due Process Oversight Committee
Article

Nominations are being welcomed for membership of two bodies that are critical to the success of the GRI Standards – the world’s most trusted and widely used sustainability reporting framework.

GRI is seeking new members for the Global Sustainability Standards Board (GSSB), the governance body that operates independently of the GRI Secretariat with sole responsibility for the setting and development of the GRI Standards.

Time for Trash Talk: GRI Waste Standard Out for Public Comment

Waste reporting disclosures being developed by GRI
Press Release

May 1, 2019 /3BL Media/ - In the face of a growing global waste crisis, new corporate reporting disclosures are being developed by GRI to help organizations better understand and communicate their waste impacts.

International recognition of the need for action on waste is increasing. The scale of the issue – from the effect of plastics in marine ecosystems to the mounting disconnect between food waste generation and global hunger – illustrate why businesses and other organizations need to play their part by improving waste management practices.

Why Good Standards  -  Both ESG and Financial  - Matter

By Tim Mohin, Chief Executive, GRI
Article

A Financial Times article on 2 April carried sweeping claims by Hans Hoogervorst, chair of the International Accounting Standards Board (IASB), that ‘greenwashing is rampant’ in sustainability reporting. The Global Reporting Initiative (GRI), the leading independent sustainability standards body, categorically refutes this assertion.

Helping Sectors Increase Accountability and Transparency

The first GRI Sector Standard will focus on oil, gas and coal.
Press Release

April 4, 2019 /3BL Media/ - GRI is beginning a new program to help organizations within sectors to better understand, report and collaborate on their shared global sustainability challenges.

GRI is inviting nominations to join an expert working group to produce the first GRI Sector Standard, for oil, gas and coal. Sector Standards will help companies in a specific sector to define their economic, environmental and social impacts, enabling improved transparency and accountability on the sustainable development issues that matter most.

Private Firms Have ‘Critical Role’ in Sustainable Development

GRI challenges governments and companies to work closer together on SDG reporting.
Press Release

April 3, 2019 /3BL Media/ - Global Reporting Initiative chairman Eric Hespenheide has called for greater cooperation between businesses and governments to achieve the UN Sustainable Development Goals (SDGs).

Following the Board of Directors holding their bi-annual meeting in India, GRI today (3 April) partnered with the Bombay Stock Exchange to hold a special dialogue event in Mumbai entitled ‘Business Innovation and Leadership for Sustainable Development Goals’.

Sustainability Reporting Helps Build Community Ties

Article
Small changes can go a long way, as the largest non-banking financial institution in Bangladesh, IDLC, has seen through its community outreach projects. Giving back to the community has by now become anchored in the values not only for staff, but also for the users of IDLC’s services.

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