Three of our Pledge Takers have created their CSR and sustainability reports using the Global Reporting Initiative (GRI) framework for reporting. So what exactly is the GRI?
The Global Reporting Initiative is a non-profit organization that promotes economic, environmental and social sustainability. Founded in 1997 GRI’s mission is to provide the guidance and support that would make sustainability reporting standard practice. It issued its first reporting framework in 2000, and via a series of evolutions the GRI framework has become the benchmark for best practice in sustainability reporting.
Over 11,000 companies now use the GRI framework as the basis of their reporting.
Transparency in reporting is at the core of GRI’s mission and it enables organizations to report sustainability information (rather than explain) much the same way they do financial reporting.
Ultimately this kind of systematic reporting gives organizations a framework, guidance , and comparable data with which to benchmark their work in sustainability. As the business environment continues to change with dwindling resources, sustainability reporting is not only a way to showcase CSR efforts but is also becoming an important risk management strategy.
If you have published a report or are planning to do so, drop me a line – email@example.com