Tag: GRI Standards

Understanding impact: new collaboration commences between GRI and IFVI

Stuart Mitchell

Two global organizations committed to enabling businesses to contribute to a just and sustainable future, through a deep understanding of their impacts, have announced the start of a new partnership. The Global Reporting Initiative (GRI) has been the champion of impact reporting for over 25 years, with the GRI Standards the world’s most widely used framework for sustainability reporting. Meanwhile, the International Foundation for Valuing Impacts (IFVI), launched in 2022, builds on the frameworks and protocols of GRI and existing standard-setters to develop the next level of sustainability information –…

Read More

GRI and TNFD make reporting on biodiversity easier

Stuart Mitchell

Global Reporting Initiative (GRI) and the Taskforce on Nature-related Financial Disclosures (TNFD) have published a joint interoperability mapping resource that gives a detailed overview of alignment between the TNFD Disclosure Recommendations and metrics and the GRI Standards. Over the past two years, the TNFD and GRI have worked closely together to support the development of each other’s guidance – notably GRI input into the TNFD Recommendations published in September 2023, and TNFD input into the recently published GRI Biodiversity Standard. Responding to feedback from market participants, the TNFD and GRI…

Read More

Open call for new members of GRI governance bodies

Stuart Mitchell

A global recruitment call is underway to appoint new members to three GRI governance bodies that underpin the continued success of GRI – the provider of the world’s most widely used sustainability reporting standards.  With a total of eight vacancies, GRI is looking for experienced professionals from diverse backgrounds to apply to join the following governance bodies, from 1 January 2025:  Supervisory Board: the body responsible for overseeing GRI’s long-term priorities and strategy. Candidates to fill one vacancy are being sought, with applicants particularly encouraged from the ASEAN and Latin…

Read More

Unlocking quality corporate insights into SDGs progress

Stuart Mitchell

An updated online database, Business reporting on the SDGs: An analysis of the Goals and Targets, was made available recently to improve business reporting on the SDGs, featuring a comprehensive inventory of potential disclosures at the targets level for each of the Sustainable Development Goals (SDGs). The database was first launched in 2017 by GRI and the UN Global Compact to effectively integrate the SDGs into existing reporting processes, and to demonstrate their impact and contributions to sustainable development through high-quality, consistent and comparable data. With a redesigned, user-friendly interface,…

Read More

Blueprint to advance transparency and accountability for labor impacts

Stuart Mitchell

How are organizations responding to their responsibilities to ensure decent working conditions and fully disclose their impacts on workers? This question is at the heart of a major review of all GRI labor-related Standards – with a consultation launched for the first phase of disclosures.   Seeking greater transparency on employment practices and working conditions, a suite of proposed changes address policies on employment relationships, pay and working hours, and how businesses handle significant changes for workers. A global public comment period, underway until 4 October 2024, seeks feedback on redrafted…

Read More