New Sustainability Reporting Guidelines Released by GRI
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The Global Reporting Initiative (GRI) has recently released an updated version of their Sustainability Reporting Guidelines called the G4 Guidelines. Their sustainability reporting framework, regarded to be the most widely used and accepted framework globally, has undergone several improvements to ensure that organisations develop more transparent, focused and user-friendly reports. The new Guidelines largely focus on the principle of materiality requiring organisations to report on sustainability impacts which matter most to their organisation. Other changes include new or updated disclosures, charts showing how the GRI guidelines relate to other international sustainability frameworks as well as replacing the ‘A, B and C application levels’ to a two-tiered system.
Link: http://www.businessweek.com/news/2013-05-23/gri-releases-new-version-of-sustainability-reporting-guidelines
Date and Source: 23, May 2013, Businessweek.com
