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GRI and B Lab team up on impact management

Enabling companies to connect the GRI Standards and B Impact Assessment Two of the leading global enablers for environmental, social and governance impact management and disclosure have joined forces to help organizations get more out of their reporting and assessment tools. This collaboration allows companies to optimize their contribution to a more sustainable future. The

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Corporate reporting on the SDGs: what are the challenges and opportunities?

Since the launch of the Sustainable Development Goals (SDGs) in 2016, the role of the private sector in fulfilling the 2030 Agenda has been widely acknowledged, as set out under SDG 12. Yet to assess how companies are actually contributing towards these Global Goals, we need greater transparency on their impacts. Over the past four

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Study reveals responsible business potential of Hispanic America

Sustainability reporting is spreading in the region, according to new research Research into corporate transparency practices in Hispanic American capital markets has set a benchmark for the prevalence of sustainability reporting in the region. The GRI study involved all 762 listed companies in five countries – Argentina, Chile, Colombia, Mexico and Peru – and found

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Visma Sustynex: The world’s first cloud native platform for ESG Disclosure based on a GRI taxonomy

Visma Connect, the specialist in reporting technology , is proud to announce the launch of Visma Sustynex, the world’s first cloud native  platform for ESG Disclosure that uses a GRI taxonomy to deliver high data quality and accuracy. A lot of companies are doing great on sustainability, but not many can prove it with numbers

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GRI backs EU proposal for separate pillar on non-financial reporting

Plans for EFRAG to broaden role requires establishment of a professional sustainability standard setting function As part of the European Commission review of the Non-financial Reporting Directive (NFRD), it is exploring how new European sustainability standards could be created and managed.   The Commission has asked the European Financial Reporting Advisory Group (EFRAG) to consider the changes needed

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Three GRI Standards come into effect for sustainability reports in 2021

New topic Standards on Tax, OHS and Water to be used for reporting Companies disclosing their impacts through the world’s most widely used sustainability reporting standards are to adhere to three new and updated standards, for reports they publish from this year onward. In 2018, two revised GRI Standards launched – for occupational health and

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Waste Standard available in nine languages

The GRI Waste Standard is now provided in nine languages. In addition to English, translations have launched in Arabic, Traditional Chinese, French, German, Italian, Japanese, Portuguese and Spanish. This means that more reporting organizations around the world can download and use GRI 306: Waste 2020, available free of charge, to disclose a complete picture of the waste

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SASB and GRI Launch Survey to Gather Feedback From Reporters

Following the launch of a collaborative workplan between Global Reporting Initiative (GRI) and the Sustainability Accounting Standards Board (SASB), the standard-setters are working together to develop materials that show how the two sets of reporting standards can be used together. This project, which was announced in July, seeks to bring greater clarity to the sustainability reporting ecosystem

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The New GRI Definition of Materiality: Forward or Backward?

GRI recently issued an exposure draft for the revision of the universal standards GRI 101, 102 and 103, with comments ending by September 9. They include significant and extensive changes, but we will only discuss the new definition of materiality, and, by implication, that of stakeholders. As in previous versions of the standards the issue of

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A powerful interim step towards a single, coherent global set of reporting standards

Shared vision from GRI, CDP, CDSB, IIRC and SASB The five global sustainability, ESG and integrated reporting framework and standard setting organizations launched a report outlining the elements necessary for more comprehensive corporate reporting. The shared vision is provided by GRI, CDP, Climate Disclosure Standards Board (CDSB), International Integrated Reporting Council (IIRC) and Sustainability Accounting Standards Board