Tag: GRI

Accountability for impacts is essential to secure a nature-positive future

Stuart Mitchell

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…

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GRI governance update to reflect strong voices, broad perspectives

Stuart Mitchell

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…

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Keeping the EU connected to the global reporting system

Stuart Mitchell

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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From transparency to action: practical support to advance nature protection

Stuart Mitchell

With the new IPBES Business and Biodiversity Assessment warning that ‘business as usual’ is accelerating nature loss and calling for transformative change in corporate behavior, GRI has launched a timely and practical new resource to help organizations step up and provide meaningful biodiversity reporting. Decoding biodiversity impacts: A practical guide to corporate reporting with the GRI Standards is available now for free download. Combining expert insights on the use of the GRI 101 Biodiversity Standard, and signposting the resources and support available, it encompasses four case studies by GRI Community…

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Setting the standard for transparency on climate change impacts

Stuart Mitchell

On the eve of the UN COP28 climate change summit, GRI has published draft versions of two standards that will be central to how organizations around the world commit to greater accountability for their climate change impacts. A public comment period is underway to seek global feedback on a proposed new GRI Topic Standard for Climate Change, as well as an updated GRI Energy Standard. Responding to emerging disclosure expectations on climate change, the key focus in the exposure drafts is on how organizations can cut their greenhouse gas (GHG)…

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