Helping organizations show SDGs progress in their sustainability reporting An updated resource is now available to assist companies to report on progress in support of the UN Sustainable Development Goals (SDGs) through the GRI Standards.The new document – Linking the SDGs and the GRI Standards – covers the 17 SDGs and maps them against the Standards and
‘GRI 306: Waste 2020’ passes approval stages and will be available in May A new version of GRI’s Waste Standard is approaching publication, after receiving approval from GRI’s Global Sustainability Standards Board (GSSB) and sign off by the Due Process Oversight Committee. With a focus on enabling organizations to embrace circularity by fully understanding and
How much taxes companies pay and the transparency of tax reporting have been contentious issues for decades. Governments around the world have failed to create standards for transparent tax reporting, particularly on a country-by-country basis. Many large and highly profitable multinational companies have taken advantage of this for years to pay little to no taxes. As is
Greater corporate input needed to reach the Sustainable Development Goals With the clock ticking on the deadline to complete the Sustainable Development Goals (SDGs), governments need to up the pace of progress – and do more to harness participation from both the public and private sectors. GRI has set out recommendations to help policymakers work
Deeper engagement with capital markets is helping GRI reach companies across region. An engagement program with stock exchanges and regulators in Sri Lanka and Bangladesh is enabling GRI to support more listed companies to improve how they report on their sustainability impacts. The program, with support from Australia’s Department of Foreign Affairs and Trade, has been
Review of BEPS sees groups around the world push for public reporting The response to the OECD’s consultation on updating their tax reporting framework has been supportive of adding public disclosure of country-by-country corporate tax payments. About 25% of the responses urged the OECD to align with GRI’s recently launched Tax Standard. OECD’s Base Erosion
Norges Bank press for companies to improve and increase ESG disclosures A report from Norges Bank Investment Management – manager of the one trillion Euro Government Pension Fund of Norway – has called for businesses to improve metrics to ensure they disclose ‘relevant, quantitative and comparable information on environmental, social and governance (ESG) issues’. Norges
Call for experts to join GRI Sector Standard working group The world’s leading sustainability reporting standards setter is developing a new standard to help agriculture and fishing organizations improve how they disclose and manage their impacts. The Global Sustainability Standard’s Board (GSSB), the independent body that sets the GRI Standards, launched the Sector Program in
With the IMF estimating that companies avoid paying $600bn in tax each year, a global standard on tax transparency is long overdue, argues Tim Mohin of the Global Reporting Initiative The media attention in recent years on tax-related scandals, highlighted by the Panama Papers, has heightened concerns around the tax practices of companies, in particular
GRI and Responsible Labor Initiative launch new toolkit A toolkit to advance reporting on modern slavery has been published by GRI and the Responsible Labor Initiative, an Initiative of the Responsible Business Alliance. The resource provides guidance on increasing the effectiveness of corporate reporting, underpinning the transparency and accountability needed to support global efforts towards
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