Two leading organizations within the corporate sustainability ecosystem are deepening their collaboration to improve and streamline environmental reporting, following a Memorandum of Understanding that was signed between CDP and Global Reporting Initiative (GRI) during Novembers COP29 Climate Change Conference in Baku. GRI provides the global common language for organizations to report their environmental, social and economic impacts – the GRI Standards. CDP is the global independent disclosure system for companies to measure and manage their environmental impacts. Over 14,000 organizations use the GRI Standards while more than 24,800 companies representing…
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Understanding impact: new collaboration commences between GRI and IFVI
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 MoreGRI and TNFD make reporting on biodiversity easier
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 MoreOpen call for new members of GRI governance bodies
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 MoreUnlocking quality corporate insights into SDGs progress
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,…
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