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Time for trash talk

In the face of a growing global waste crisis, new corporate reporting disclosures are being developed by GRI to help organizations better understand and communicate their waste impacts. International recognition of the need for action on waste is increasing. The scale of the issue – from the effect of plastics in marine ecosystems to the

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What investors actually want from sustainability data

To account for the effects of a world in flux, more investors are pursuing strategies that consider relevant environmental, social and governance (ESG) factors, an approach known broadly as sustainable investing. In 2017 alone, assets managed through such an approach increased by 37 percent, according to Bloomberg. Despite the swell in interest, sustainable investing is by

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Update to French translation of GRI Standards

Updates to two documents — ‘GRI 303: Water and Effluents 2018’ and ‘GRI 403: Occupational Health and Safety 2018’ – have been translated. They are now available to any French-speaking organization using the GRI Standards. All of the French translations can be downloaded free of charge on the GRI website. This translation was carried out by

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Non-financial reporting is the future of audit

Tidal waves of global growth, our heavy dependence on fossil fuels, and our constant need for innovation have led us to a world of inconsistencies and widening gaps between underdeveloped and developed countries. Our world is fracturing, and the fractures are growing bigger and bigger. In a report released in 2018 by Oxfam, 82% of the wealth

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SEC issues rules for listed firms’ reports on sustainability

THE SECURITIES and Exchange Commission (SEC) has formally launched the sustainability reporting guidelines for publicly listed companies (PLCs), which will be required to submit their sustainability reports starting next year. “With the issuance of the Sustainability Reporting Guidelines… SEC has high hopes that PLCs would not only be made aware of sustainability but would make

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AccountAbility Releases Arabic Translation of the AA1000 AccountAbility Principles (AA1000AP, 2018)

AccountAbility has released the Arabic translation of its latest sustainability management framework and guidance document – the AccountAbility Principles (AA1000AP, 2018).  The AA1000AP (2018) serves as the foundation of the AA1000 Series of Standards, and offers an informed update to the firm’s internationally accepted, principles-based approach to sustainability management for the 21st century. The AA1000AP (2018) is the

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Innovative tools now available to strengthen management and disclosure of ESG information

For many businesses, managing multiple disclosure demands and increasing stakeholder pressure for disclosing environmental, social and governance (ESG) information is an ongoing challenge. The World Business Council for Sustainable Development (WBCSD) released the ESG Disclosure Handbook and Indicator Library to help companies address the issue. Both the handbook and the library provide practical resources for addressing

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GRI calls for business and governments to partner on SDGs

The chairman of the Global Reporting Initiative (GRI) had called for greater collaboration and cooperation between businesses and national governments in order to achieve the aims of the UN Sustainable Development Goals (SDGs). The GRI, one of the most recognisable standards for sustainability reporting, partnered with the Bombay Stock Exchange earlier this week to host

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Helping sectors increase accountability and transparency

The first GRI Sector Standard will focus on oil, gas and coal. GRI is inviting nominations to join an expert working group to produce the first GRI Sector Standard, for oil, gas and coal. Sector Standards will help companies in a specific sector to define their economic, environmental, and social impacts, enabling improved transparency and accountability

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Municipality Integrated Reporting model: The Famous Istanbul District, Kadıköy adopts integrated reporting

A sustainable and more livable world depends on good governance of our resources as well as our collective needs and demands.  The legitimacy of governments is built on the trust they earn from their citizens. Governments cannot function effectively without it.  It is a necessary condition for governments to successfully carry out public policies. Citizens