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What is GRI?
The Global Reporting Initiative (GRI) is an independent international organization that provides the world’s most widely used sustainability reporting standards. It helps businesses, governments, and organizations understand and communicate their environmental, social, and governance (ESG) impacts.
GRI Reporting Standards:
GRI standards are categorized into three main sections:
1️⃣ Universal Standards – Apply to all organizations
2️⃣ Sector Standards – Industry-specific reporting guidelines
3️⃣ Topic-Specific Standards – Focus on material ESG topics
GRI Universal Standards:
These are mandatory for all organizations using the GRI framework:
GRI Sector Standards:
Different industries have unique sustainability challenges. GRI provides sector-specific standards for industries such as:
✔️ Oil & Gas
✔️ Agriculture, Aquaculture, and Fishing
✔️ Coal & Mining
✔️ Financial Services
GRI Topic-Specific Standards
Organizations report on specific topics relevant to their industry, such as:
Why Use GRI Standards?
✅ Ensures transparency & accountability
✅ Helps meet investor & stakeholder expectations
✅ Aligns with global ESG regulations
✅ Enhances brand reputation & sustainability performance
Useful Links for GRI Compliance
📌 Corporations: Sustainability & ESG reporting (e.g., Unilever, Nestlé)
📌 Investors: ESG disclosures for financial decision-making
📌 Regulators: Compliance with sustainability requirements
📌 Nonprofits & Governments: Impact assessment & reporting
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