Global Reporting Initiative

In Brief

1997, Amsterdam; “Sust. Reporting Framework” for business

Description

(1997, Amsterdam; https://www.globalreporting.org).

“Promotes the use of sustainability reporting as a way for organizations to become more sustainable and contribute to sustainable development.” Seeks to make sustainable reporting standard practice. A sustainable global economy “should combine long-term profitability with ethical behavior, social justice, and environmental care.” GRI’s “Sustainable Reporting Framework” (a family of guidance materials) enables all companies and organizations to measure, understand, and communicate this information, enabling greater transparency and accountability. The “Organizational Stakeholders Program” of core supporters involves > 600 organizations from >60 countries. Funding is large, diverse, and global, with institutional support from many governments and their agencies, including the Swedish International Development Cooperation Agency, the Norwegian Ministry of Foreign Affairs, Germany’s Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) and the Australian government. Offices are in Australia, Brazil, China, Colombia, India, South Africa, and the US. Publications include the comprehensive Sustainability Reporting Framework (which includes the Reporting Guidelines, Sector Guidance and other resources), the fourth generation of Guidelines (G4, May 2013), and the “OS Update” newsletter. Chief Executive: Michael Meehan.

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