GRI Unveils New Structure to Reinforce Global Standards in Sustainability Reporting

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GRI Unveils New Structure to Reinforce Global Standards in Sustainability Reporting

by Vikas Vij
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What does GRI's new governance structure mean for you? Take a look: http://bit.ly/1xcY7kn via @Justmeans #sustainability #reporting

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Monday, November 10, 2014 - 8:00am

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Accurate, timely and comprehensive sustainability implementation and reporting can help businesses improve their productivity. It contributes to increased motivation level of the employees, and enhances the relationships of the business with its stakeholders. However, the most common barrier to this endeavor is poor internal knowledge and flawed implementation of sustainability reporting.

GRI addresses precisely this barrier by providing the world’s most widely used and referenced sustainability reporting network. GRI has been a pioneer in making the sustainability reporting process standard practice for organizations around the world. Over 5,000 organizations across 90 countries have employed the GRI Guidelines for their sustainability reporting. Twenty-three countries reference the Guidelines in their policy-making.

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Vikas is a staff writer for the Sustainable Development news and editorial section on Justmeans. He is an MBA with 20 years of managerial and entrepreneurial experience and global travel. He is the author of "The Power of Money" (Scholars, 2003), a book that presents a revolutionary monetary economic theory on poverty alleviation in the developing world. Vikas is also the official writer for an international social project for developing nations "Decisions for Life" run in collaboration between the ILO, the University of Amsterdam and the Indian Institute of Management.

Keywords: Philanthropy & Cause Initiatives | Due Process Oversight Committee (DPOC) | GRI | Global Sustainability Standards Board (GSSB) | Independent Appointments Committee (IAC) | Responsible Business & Employee Engagement | Sustainability Reporting Standards | sustainability implementation and reporting

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