Global Reporting Initiative (GRI)

#GRIStandards and the #ESRS: two sides of the same coin? The 2nd appointment of our #CSRDEssentials campaign dives into the ESRS —disclosure requirements that companies must meet to comply with the #CSRD. They offer a unified approach to sustainability reporting across the EU, increasingly aligned with the GRI Standards thanks to ongoing collaboration between us and EFRAG! 📖 The CSRD Essentials clarifies the key aspects of the ESRS: structured into cross-cutting, topical and sectoral, sector-specific, and standards, they encompass various disclosure requirements. Standards differ based on company type: ✅Large companies and listed firms: comprehensive reporting requirements. ✅Listed SMEs: simplified standards tailored to their capacity and complexity. ✅Third-country companies: standards phased in over time. ✅Non-listed SMEs: voluntary standards focusing on basic sustainability narratives. For more information, including detailed application criteria and timeline, look at the infographics below, and read p.11 of the CSRD Essentials👉 https://lnkd.in/dKhzxmce Get familiar with GRI-ESRS interoperability 👉https://lnkd.in/dxMCZB9H #Transparency #CorporateReporting #EUStandards #SustainabilityReporting

Endorsed by 130 businesses and financial institutions with combined revenues of $1.1 trillion, the Business for Nature's new statement, published today, sets out five high-level policy recommendations that can help accelerate the implementation of the #BiodiversityPlan to drive corporate #nature action. We also support this statement and its objectives, particularly to: ✅ Make sure business and finance protect nature and restore degraded ecosystems ✅ Ensure sustainable resource use and management to reduce negative environmental impacts ✅ Value and embed nature in decision-making and disclosure Our revised #Biodiversity Standard (#GRI101), aligned with the goals and targets of the Kunming-Montreal Global Biodiversity Framework, is there to help organizations better understand which decisions and business practices lead to biodiversity loss, where in their value chain impacts occur, and how they can be managed.

Congratulations to Taskforce on Nature-related Financial Disclosures (TNFD) on publishing the final Additional Sector Guidance for eight real economy sectors and an update to the Additional Guidance for financial institutions! 👇

📚Overwhelmed by the #CSRD and the #ESRS? Say goodbye to confusion with “Unlocking the ESRS for GRI reporters”! This new course focuses on the key features and structure of the ESRS, and how to integrate them into your current GRI reporting practices and is perfect for reporters, sustainability professionals, and anyone using the #GRIStandards. What will you accomplish: ✅ Greater understanding of the purpose and key features of the CSRD and the ESRS; ✅ In-depth knowledge on how to utilize GRI #doublemateriality processes to meet the ESRS, and their disclosure requirements; ✅ Structured insights on the technical requirements for publishing an ESRS report and how to seamlessly integrate both GRI Standards and ESRS in your reporting. Ready to get started? Enroll now👉 https://lnkd.in/dheFMKVG Want to know more? Read our dedicated article 👉https://lnkd.in/duzfBaZk #GRIAcademy #sustainabilityreporting #GRIStandards #learning

Setting an example for other organizations and businesses on how to embrace transparency and accountability for impacts on the economy, environment and people, last week we have published our annual #sustainabilityreport 📖 , with insights on the following six material topics: ✅ #GRIStandards development ✅ Standardized #impactreporting ✅ Driving reporting uptake  ✅ Increasing reporting robustness ✅ Impacts on people  ✅ Economic impacts Our 2023 report also: ✅ Sheds light on the key activities and achievements across all GRI teams and networks, with a dedicated case study for each geographic region ✅ Provides details on diversity and inclusion as well as GRI’s steps towards #netzero Read the full article here 👉 https://lnkd.in/dureKEpY or access the report directly at https://lnkd.in/dGVa9sT3 #sustainabilityreporting #annualreport

Did you know that we offer online courses, including a certified training program, as well as other services and tools to improve your #sustainabilityreporting? And our membership network provides access to thought leadership and other exclusive opportunities! Find out more about our full range of support options for applying the #GRIStandards ➡️ https://lnkd.in/dwPvZSQq #impactreporting #sustainability

New disclosure requirements 🔎 now apply to thousands of companies under the EU’s Corporate Sustainability Reporting Directive (#CSRD), so what does this mean if you are already reporting with GRI? 📝   Your key questions are answered in our new FAQs publication! As it sets out:   ✅  The high interoperability between the European #SustainabilityReporting Standards and #GRIStandards means companies can use GRI impact reporting for the #ESRS. ✅  A wide range of resources, training and report services are available now to help GRI reporters meet CSRD rules. ✅  A renewed GRI & EFRAG MoU is delivering a next phase of cooperation on standard setting, plus further capacity building. ✅  Our work at the global level with the International Sustainability Standards Board (ISSB) complements jurisdictional reporting requirements. 🌍   Read the article 👉 https://lnkd.in/dxMCZB9H Access the full publication 👉 https://lnkd.in/dnm3RYCR View the handy ‘top 10 questions’ summary 👉 https://lnkd.in/diKDYeMv

💡New spotlight article available!    One of the cornerstones of the #GRILicensing program ☑️ is making the adoption of digital #sustainabilityreporting software and tools smarter, easier, and more efficient.   Yet, many businesses and organizations are still relying on spreadsheets to collect, manage, and incorporate #ESG data into reports. This practice hinders effective data collection, increases the possibility of manual errors, and jeopardizes the reliability of information 📊   Digitized reporting solutions offer multiple advantages, reducing costs and ensuring alignment with key reporting frameworks, such as the #GRIStandards 📝  ✅Read our article for insights on the advantages of digitized reporting solutions ✅Learn why 20 new organizations decided to become our official Licensed Partners in 2024 ➡️ https://lnkd.in/d_dJi49z   CEPEL | Diligent | The CSR | Ecodrisil ESG - Sustainability, ESG reporting, risks & performance. Powered by ESG AI™ | ESG Enterprise | Fewton | Financial Market Services Ltd. | Indicathor ESG | Ivy House | Klimato | MioTech | modefinance | QuantifiedESG, Inc. | Reblue Ventures | STACS ESGpedia | Salesforce | | StepChange | Sustainext | Tread Lightly Advisory | TruClimate

We're excited to officially launch our new GRI-ESRS Linkage Service! 🚀 Starting from today, the service is accessible to all reporters, meaning that if you are a reporting practitioner who uses the #GRIStandards, you can now get the support you need to help better align your reporting with the requirements of the European Sustainability Reporting Standards (#ESRS), in effect in the #EU from 1 January 2024. What will you need to do to access the service? ➡️ Simply fill out our online service request at the bottom of this page here: https://lnkd.in/dzn9aQ5d and send us your GRI content index. You can also contact us at reportservices@globalreporting.org in case of questions. What will you get by choosing the service? ➡️ ✅ A detailed overview of your GRI-ESRS linkages
  ✅ Practical feedback on how to better use and adapt your existing GRI data points   ✅ Advise for a potential restructuring of your report so that it’s in line with the ESRS mandatory requirements  Further details about the service can be found here 👉 https://lnkd.in/dGMmrEkG On 25 July, we’ll also be hosting a dedicated webinar, which will provide a space to get your burning questions answered! More info to come, so stay tuned! #sustainabilityreporting #CSRD #impactreporting

Many business leaders see sustainability as key to long-term success, but how can they enhance their #sustainabilityreporting and contributions to the #SDGs? Find out more during our event with United Nations Global Compact.   GRI and the UN Global Compact have developed the Analysis of Goals and Targets Database 🎯 - an online tool featuring a wide range of indicator sources to identify possible disclosures for each SDG across sectors and regions. 🔎 The database will be officially launched at ‘Business Reporting on the SDGs: A State of Play and Future Directions’, a side event of the UN High-Level Political Forum on #SustainableDevelopment: 💻 Online 📅 11 July 2024, 3.00 – 4.00 pm CEST 🔗 Free registration ➡️ https://lnkd.in/dXx5RWZW At this event we will hear from: - Cecilia Ekholm, Ambassador for Sustainable Business, Swedish Ministry for Foreign Affairs - Nola Richards, Group Executive Head ESG & Sustainable Business, Vodacom - Peter Paul Van De Wijs, Chief Policy Officer, GRI - Tonilyn Lim, Chief of Programmes, United Nations Global Compact - Camila Corradi Bracco, Senior Policy Coordinator, GRI - Susan Stawicki, Head Reporting, United Nations Global Compact - Regina Monje Saavedra, Senior Manager Reporting, United Nations Global Compact - Denisse B., Social Impact Manager, Cemex Don’t miss this opportunity to learn how your organization can contribute to a sustainable future. 🌱 #HLPF #GRIStandards #sustainabilityreporting #corporatetransparency