sustainability reporting

Responding to the COVID-19 Pandemic

An open letter from Global Reporting Initiative to our stakeholders
Article

Dear friends,

As an international organization, with employees and stakeholders around the globe, GRI has been closely monitoring the developments concerning the COVID-19 pandemic. At all times we have been striving to respond appropriately, adhering to the expert advice from local and global health authorities – while continuing to operate effectively and provide services within this ever-changing environment.

Transparency That Drives Impact – Where Next for GRI

CalSTRS CEO Jack Ehnes at the GRI Reporters’ Summit in Arizona
Press Release

GRI continues to deliver the most effective global sustainability standards, while it is focused on doing even more to support companies to provide high quality, accessible and impactful reporting.  

That was a key message from Jack Ehnes – Vice Chair of the GRI Board, and CEO of CalSTRS (California State Teachers’ Retirement System) – as he addressed the GRI Reporters’ Summit in Arizona, USA, yesterday.

Creating a Sustainability Standard for Agriculture and Fishing

Call for experts to join GRI Sector Standard working group
Press Release

February 4, 2020 /3BL Media/ - The world’s leading sustainability reporting standards setter is developing a new standard to help agriculture and fishing organizations improve how they disclose and manage their impacts.

Help for Reporters to Understand the New Tax Standard

Free webinar on first global standard for tax transparency
Press Release

January 23, 2020 /3BL Media/ - Why has the world’s leading sustainability standard setter launched a new reporting standard on tax – and how can organizations start to understand and use it to disclose their impacts?

To help answer these questions and many more, GRI is holding free webinar sessions on January 29, open to all those with an interest in the new Tax Standard. GRI 207: Tax is the first global standard for public, country-by-country reporting on tax. It also includes disclosures on tax strategy, governance and risk management.

Corporate Accountability at Davos a ‘Step in Right Direction’

GRI engaging and influencing at World Economic Forum annual meeting
Press Release

January 22, 2020 /3BL Media/ - With global leaders gathered in Switzerland for the World Economic Forum (WEF), GRI is pressing for action and commitments that support the transition to sustainable and responsible business.

GRI chief executive Tim Mohin is participating in the WEF annual meeting in Davos this week. That includes a strategy session today with the WEF International Business Council on mainstreaming ESG (Environmental, Social, and Governance) disclosures.

He said:

GRI Review of the Year

Look back on how Global Reporting Initiative has supported corporate transparency throughout 2019
Article

As we start a new year – and a new decade – GRI reviews some of the highlights and achievements during 2019. 

In yet another busy and action-packed year for sustainability reporting, selecting a GRI ‘top five’ is no easy task. But here goes: 

G&A Institute Releases Analysis of The Business Roundtable Companies’ ESG Reporting Practices

Press Release

NEW YORK, December 13, 2019 /3BL Media/ - In August 2019, almost all the Business Roundtable CEO members (181) signed on to an updated BRT definition of “the purpose of a corporation” which expanded the definition to include a focus on other stakeholders other than investors.  

Tax Transparency: The Time for Change is Now

By Judy Kuszewski, Chair of the Global Reporting Initiative’s Global Sustainability Standards Board
Article

On 3 April 2016, the world woke up to revelations in the Süddeutsche Zeitung newspaper laying bare the murky use of offshore financial services and shell companies, which some individuals and companies were using to minimize their tax liabilities.

The Panama Papers, as the multi-country investigation became known, provided sensational stories involving politicians, rock stars and royalty. But what it also laid bare was the scale of global business’s tax avoidance – often entirely legal.

15 Years of Sustainability Reporting

By Jennifer Boynton
Blog

This holiday season, Cisco has a lot to be grateful for: 35 years of business growth and, today, the launch of our 15th corporate social responsibility (CSR) report. This was my first time shepherding the process of producing a CSR report for a company the size of Cisco, and it was a doozy: we connected with over 90 individuals across the business to collect all the data related to the company’s social, environmental, and governance performance. Content development took 5 months and at 200+ pages, this report could break your toe if you dropped the hard copy. Luckily it’s digital-only.

Increased Action Needed on Human Rights Reporting

Recommendations for governments to strengthen business accountability
Press Release

November 25, 2019 /3BL Media/ - Governments need to do more to help businesses understand, mitigate and improve their human rights impacts – by strengthening transparency and reporting requirements.

This is the key finding of a report from GRI looking at the progress countries have made towards meeting their duty under the UN Guiding Principles on Business and Human Rights, by analyzing the 23 National Action Plans (NAPs) produced by governments so far.

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