The importance of this Standard Food and Beverages is the next Standard to be developed under the Sector Program, and the pilot for our new streamlined Sector approach. This standard will cover food processing, manufacturing of beverages, both alcoholic and non-alcoholic, as well as tobacco products. Food and beverages respond to some of the most basic human needs. However, these industries are also responsible for around one third of global emissions, have a direct impact on people’s health, and present safety risks for their workers. Expectations also fall on these…
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Enabling Brazil’s next chapter in corporate accountability
GRI, the world’s leading provider of sustainability reporting standards, is scaling up its presence and activities in Brazil – in recognition of the country’s growing strategic and economic importance for impact disclosure. GRI has appointed Danielly A. Mello Freire as Country Lead for Brazil, to oversee a new program to be developed alongside Brazilian companies, institutions and stakeholders. Brazil is among the world’s most advanced markets for impact reporting, with 71% of large listed Brazilian companies using the GRI Standards. Extensive global analysis published in June placed Brazil as fifth…
Read MoreAccountability for impacts is essential to secure a nature-positive future
GRI has joined 85 signatories in endorsing the Kumamoto Declaration, a global call to accelerate action towards a nature-positive future, at the conclusion of the Global Nature Positive Summit in Kumamoto, Japan. The declaration recognizes the critical need to halt and reverse biodiversity loss by 2030, the central ambition of the Kunming-Montreal Global Biodiversity Framework (KMGBF). With only four years remaining to deliver the KMGBF mission, and with implementation lagging, the declaration emphasizes that transitioning to a nature-positive economy must be viewed as an opportunity. Protecting and restoring nature can…
Read MoreGRI governance update to reflect strong voices, broad perspectives
Renewed leadership has been confirmed for the multistakeholder advisory body that helps guide the future direction of GRI, underscoring its global and cross-sector representation at a time of rapid change for sustainability reporting. Louis Coppola, Co-Founder of the Governance & Accountability Institute, has been confirmed as new Chair of the GRI Stakeholder Council – with Adekemi Adisa, General Manager Sustainability & Shared Value, MTN Nigeria Communications PLC, taking on the role of Vice Chair. Their appointments come with one month remaining in GRI’s global recruitment call for new members to…
Read MoreKeeping the EU connected to the global reporting system
GRI has set out the priority changes to ensure the revised European Sustainability Reporting Standards deliver stronger global alignment, support economic resilience and reduce reporter burden. Responding to two European Commission consultations – on the redrafted ESRS, and a new voluntary reporting standard for the thousands of companies now out-of-scope – GRI welcomes the significance of preserving both impact and financial perspectives on an equal footing, double materiality, at the heart of the EU standards. While recognizing that simplification of the ESRS was necessary, the GRI’s response focuses on the…
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