GRI launches “user friendly” revisions to its reporting guidelines.
The challenges and opportunities of sustainability reporting were top of the agenda in Amsterdam in early October, with hundreds of corporate, government and non-governmental organization (NGO) executives scheduled to hear former U.S. Vice President Al Gore and other international notables mark the long-awaited launch of the latest Global Reporting Initiative (GRI) guidelines.
The new guidelines—commonly referred to as G3—are the third set of revisions since the GRI was introducedin 2000 with the stated mission that “reporting on economic, environmental, and social performance—sustainability reporting—become as routine and comparable as financial reporting.” The GRI guidelines seek to create one common form of non-financial reporting for “all organizations regardless of size, sector, or location.” GRI currently claims almost 1,000 reporting organizations from more than 53 countries, including major corporations such as Hewlett-Packard, Nike, McDonald’s, Coca-Cola and IKEA Group.
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