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Towards new EU sustainability reporting standards

Support from Caisse des Dépôts has been welcomed by GRI for its contribution to EFRAG’s technical work. GRI welcomes the support from French Caisse des Dépôts to underpin the finalization of the announcement of a Statement of Cooperation, in July 2021, between GRI and the European Financial Reporting Advisory Group (EFRAG) Project Task Force to co-construct

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Pandemic sees business sustainability take centre stage

New podcast series uncovers the true facts in SDG reporting Despite the fact that the so-called ‘Decade of Action’ for the Sustainable Development Goals (SDGs) is currently in operation, we ask ourselves how can companies look beyond the processes and paperwork, to grasp in detail the ways their impacts and actions can assist or hinder

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GRI, EFRAG, Collaborate on Development of EU Sustainability Reporting Standards

The Global Reporting Initiative (GRI) and the European Financial Reporting Advisory Group (EFRAG) announced a new cooperation agreement for the development of EU sustainability reporting standards and supporting convergence with global standards. The EU and GRI are both committed to standards that are multi-stakeholder inclusive and address the impacts organizations have on the environment, society

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Sharper focus on sustainability in sectors

Public comment open for two draft GRI Sector Standards – covering agriculture, aquaculture, fishing, and coal A consultation has launched to gather feedback on two proposed new Standards under GRI’s Sector Program, which will increase transparency within sectors by focusing attention on the sustainability issues that matter most. Adding to the Oil and Gas Sector

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Companies commit to SDGs collaboration

Businesses sign up to GRI forum on reporting for the SDGs A new GRI program to enhance corporate reporting on the Sustainable Development Goals (SDGs) by making it more relevant to stakeholders has commenced, bringing together senior representatives from multiple international companies.  The Business Leadership Forum on Corporate Reporting as a Driver for Achieving the SDGs will help companies use transparency to increase their contributions to national and

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Transparency offers the pathway to a more sustainable Earth

Interview with GRI’s Chief of Standards and Chief Development Officer Earth Day is an opportunity to put the spotlight on the pressing needs of our planet, in the face of ever growing impacts by humanity, and galvanize action to change practices and behavior. The corporate contribution to these impacts — by businesses and other organizations around

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GRI backs mandatory EU reporting on sustainability impacts

New corporate sustainability legislation would expand disclosure GRI has welcomed that the European Commission is maintaining its ambition to achieve progress in corporate transparency on sustainability impacts, following publication of the proposed new Corporate Sustainability Reporting Directive (CSRD). The CSRD would have a significantly extended scope than the current Non-Financial Reporting Directive, applying to all large or

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Sustainability as a competitive advantage: lessons from Peru

Best Practices in Sustainability by Peruvian MSMEs features 33 case studies of businesses that have used sustainability as a competitive advantage. Ranging from improved waste management to savings in energy consumption, the examples share opportunities for MSMEs to incorporate sustainability practices into their core business strategy. Recognizing the crucial role of micro, small, and medium-sized enterprises

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GRI and SASB reporting ‘complement each other’

Joint research from the Global Reporting Initiative (GRI) and the Sustainability Accounting Standards Board (SASB) explores the experiences of companies that use the two sets of standards together to fulfil their reporting needs. A Practical Guide to Sustainability Reporting Using GRI and SASB Standards is based on extensive interviews with four global companies: UK-based Diageo, City

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Momentum gathering behind public country-by-country tax reporting

GRI’s Tax Standard can address global requirements for transparency Political momentum to require large companies to publicly provide country-by-country reporting (CBCR) on tax is increasing, on both sides of the Atlantic, with a series of significant developments last week: In a breakthrough moment, broad majority support was reached among EU ministers in a session of the