glossary

GRI

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What is GRI?

GRI stands for the Global Reporting Initiative, and it is an independent and international organisation that sets global standards for impact reporting. Their aim is to deliver transparency for organisational impacts on the economy, environment and people. Currently, the GRI maintains the world’s most comprehensive sustainability reporting standards. The initiative was founded in 1997 in Boston (USA) with the aim to establish the first accountability mechanism to ensure that companies comply with the principles of environmental stewardship - later this was extended to also cover social, economic and governance issues. Nowadays, the GRI Secretariat is headquartered in Amsterdam (The Netherlands) and can support organisations and stakeholder worldwide through their global network.

What does GRI do?

The Initiative works with businesses, polymakers, civil society, investors, labour organisations and other experts to develop reporting standards. Providing these standards to companies and other organisations can help them take responsibility for their impacts.

What is the purpose of the GRI?

The GRI is designed to help organisations be transparent and take responsibility for their impacts so that a sustainable future can be achieved.

What are the GRI standards?

The GRI Standards are a modular system of interconnected standards that create a reporting guide for companies and organisations to understand and report what impacts they have on the environment, people and economy. The GRI Standards are composed of three series: the GRI Universal Standards, which apply to all organisations; the GRI Sector Standards, that are applicable to a specific sector; and the GRI Topic Standards to report specific information on the material topics.

The disclosures that the Standards contain provide organisations with a structured means of reporting information about themselves and their impacts. The disclosures can contain both requirements and recommendations.

GRI Standards