GRI Standards: Purpose and scope
Governed by the Global Sustainability Standards Board (GSSB), the GRI Sustainability Reporting Standards were first published in 2000 and are regularly reviewed to ensure they continue to reflect global best practices.
These standards offer a universally accepted structure that assists organizations in effectively gauging, managing, and communicating their governance, economic, environmental, and social impacts. By adhering to the GRI Standards, companies can disclose pertinent information consistently and transparently, enhancing comparability among different organizations and industries.
The GRI Standards encompass a wide array of environmental, social, and governance (ESG) matters, such as human rights, labour practices, biodiversity, energy, and greenhouse gas (GHG) emissions. This comprehensive, all-encompassing approach ensures that businesses can evaluate and report on all significant facets of their sustainability and ESG performance.
The GRI Standards apply to organizations of varying sizes and industries. Whether an organization is a small local business or a multinational corporation, the GRI Standards offer a flexible framework that can be customized to fulfill specific reporting requirements. This inclusiveness enables companies across diverse sectors to participate in sustainability reporting and contribute to a more environmentally friendly and accountable future.