Sustainability standard to accelerate accountability in the mining sector

A first global standard to holistically address the sustainability impacts of the mining sector is now available. The new GRI Standard reflects broad stakeholder demands for transparency and enables any mining company to use a common set of metrics to report their impacts. GRI 14: Mining Sector 2024 will illuminate how mining organizations are balancing two conflicting truths: the essential nature of their role in providing the minerals that modern societies rely on; and the need for accountability on the harm their operations can cause to the environment, communities and…

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Refreshed governance for global sustainability standard setter

Three new members have been appointed to the Global Sustainability Standards Board (GSSB), the independent body responsible for developing and setting the GRI Standards.  The GSSB membership is globally diverse and covers five defined constituency groups: business enterprise, investment institutions, labor organizations, mediating institutions, and civil society. This ensures that the GRI Standards, the world’s most widely used sustainability reporting standards, reflect the needs of a multi-stakeholder audience and are developed in the public good. The new additions to the GSSB are: Rebeca Coriat, Head of Stewardship, Lomboard Ordier Investment…

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EU Due Diligence Directive a major step in advancing responsible business conduct

GRI has welcomed the outcome of the final negotiations between the European Parliament and the European Council to set new rules to integrate human rights and environmental impacts into companies’ governance. Last night, the parties agreed on ambitious rules for responsible business conduct on environmental impacts and human rights. One year after the adoption of the Corporate Sustainability Reporting Directive (CSRD), which sets mandatory disclosure requirements for companies on their due diligence processes (an obligation to tell), the Corporate Sustainability Due Diligence Directive (CSDDD) sets behavioural obligations to identify, prevent,…

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Three GRI Standards Come Into Effect for Sustainability Reports in 2021

Companies disclosing their impacts through the world’s most widely used sustainability reporting standards are to adhere to three new and updated standards, for reports they publish from this year onward. In 2018, two revised GRI Standards launched – for occupational health and safety, and water and effluents. In December 2019, the first global standard for tax transparency published. Effective from 1 January, companies identifying any of these topics as material are now to apply the new Standards.   GRI 207: Tax 2019 Responding to the information needs of investors, civil…

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New Online Learning Platform Launched for Sustainability Profession

A training portal has been launched to improve access to high quality learning opportunities for people working in sustainability and sustainable development roles. The GRI Academy is a global online platform that offers courses and tutorials on how organizations can communicate their impacts on the economy, environment and society through the GRI Standards – the world’s most widely used sustainability reporting framework.   The initial course available through the GRI Academy is Introduction to sustainability reporting and the GRI Standards. This training is open to those that are new to…

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