GRI Sustainability Reporting Guidelines (G3)
The GRI is the world’s most widely used sustainability reporting framework and is committed to its continuous improvement and application worldwide. This voluntary framework sets out 10 principles classified in 2 categories:
- Principles for Defining Report Content: Materiality, Stakeholder inclusiveness, Sustainability context and completeness.
- Principles for Ensuring Report Quality: Balance, Comparability, Accuracy, Timeliness, Clarity and Reliability.
79 indicators are proposed that organisations can use to measure and report their economic, environmental, social performance, and integrated performance indicators for the purpose of creating a global picture of the firm's sustainability. There is a focus on human rights, suppliers relationships and on product responsibility.
Some of the indicators are compulsory, others optional, according to their meaning and relevance for the organisation. The reporting organisation can select from various application levels, to allow for progressive reporting. Supplements exist for specific industry sectors.
GRI publishes an online list of companies who report in accordance with the G3 guidelines.
Information
- Author: GRI - Global Reporting Initiative (Multistakeholder)
- Application: Universal
- Creation Date: 2000, reviewed in 2002 and 2006
- Availability: Free
- Pillars: Transversal
Source
http://www.globalreporting.org
Remarks
Specificity
The GRI is a non-binding, globally recognised reporting tool. The G3 replace the High5 tool for SMEs.
The GRI is the only tool which focuses on standardising the reporting on social responsibility and sustainability. The biggest asset of the G3 is the facilitation of comparability and cross-referencing between reports and hence between companies who report in accordance with the framework.
Nature of the instrument - methodology
Purpose - declaration
