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The Universal Standards: what’s changing and why?

In June, GRI announced a major update to the reporting at the heart of the GRI Standards. The planned revisions to the Universal Standards are significant because they will affect every organization that uses the GRI Standards, supporting them to more effectively report their most significant impacts on the economy, environment and people. To help put the

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GRI and SASB are collaborating. Is that good news for companies?

For years, corporate reporters — those inside companies responsible for creating sustainability reports and reporting environmental, social and governance data to various other organizations — have been frustrated by what many refer to as an alphabet soup of standards and frameworks: CDP, GRI, IIRC, PRI, SASB, TCFD, UNGC and more. And while they grumbled at how those various organizations’ requests weren’t harmonized,

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Upward trajectory for ESG disclosure requirements

Substantial increase in sustainability reporting regulations around the world​ A new report assessing the regulatory landscape for sustainability reporting has found that environmental, social and governance (ESG) disclosure has never been more pervasive globally – and is now firmly in the mainstream of disclosure on organizational performance. As the market implications of certain ESG topics

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No wasted opportunities: enabling full disclosure

Launch of sustainability standard to challenge the status quo on waste​ Organizations now have the means to disclose a complete picture of the waste impacts in their activities, products and services – following the launch of a new reporting standard by GRI, provider of the leading global sustainability standards. The GRI Waste Standard changes how

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New Reporting Framework Highlights Employee Health and Well-Being

The responsibilities of businesses to look after their workforce are under the spotlight due to the COVID-19 crisis. Companies are feeling intense pressure to show that employee health and safe workplaces are high priorities as they make plans to reopen for business. The new Culture of Health for Business Framework (COH4B) is a way for companies to transparently report

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Sustainability reporting at center of EU’s Green Deal

Quality disclosure requirements critical to Europe’s €1 trillion sustainable investment plan Global Reporting Initiative welcomes the European Green Deal as a global game changer that other economies should follow. With ambitious legislative changes backed by €1 trillion investment over the next decade, the EU is signalling leadership in efforts to advance sustainable development and tackle

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Creating a sustainability standard for agriculture and fishing

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

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Improving reporting on modern slavery

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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First global standard for tax transparency

No hiding place: companies need to demonstrate they pay their fair share ​The launch of a new tax reporting standard that seeks to ensure multinationals are much clearer about how much – and where – they pay their taxes has received widespread international support. The GRI Tax Standard is the first global standard for comprehensive

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Increased action needed on human rights reporting

Recommendations for governments to strengthen business accountability ​Governments need to do more to help businesses understand, mitigate and improve their human rights impacts – by strengthening transparency and reporting requirements. This is the key finding of a report from GRI looking at the progress countries have made towards meeting their duty under the UN Guiding