[OKC] GRI Unveils Updated Sustainability Reporting Guidance - Most Comprehensive Available

[Alig, Jennifer L.]

Jennifer Alig

**My email has changed to Jennifer.Alig at deq.ok.gov.**

 

 

From: Wilkins, Dianne 
Sent: Wednesday, March 23, 2011 3:46 PM
Subject: GRI Unveils Updated Sustainability Reporting Guidance - Most
Comprehensive Available

 

http://www.environmentalleader.com/2011/03/23/gri-unveils-updated-sustai
nability-guidance-most-comprehensive-available/

March 23, 2011


GRI Unveils Updated Sustainability Guidance - 'Most Comprehensive
Available'


 The Global Reporting Initiative (GRI) has released guidelines that it
describes as the most comprehensive sustainability reporting guidance
now
available.<https://webmail.deq.state.ok.us/exchange/Dianne.Wilkins/Draft
s/FW:%20%5bp2-cameasures%5d%20News%20Item:%20GRI%20Unveils%20Updated%20S
ustainability%20Reporting%20Guidance%20-%20Most%20Comprehensive%20Availa
ble.EML/1_multipart/image001.jpg> 

The Global Reporting Initiative (GRI) has released guidelines that it
describes as the most comprehensive sustainability reporting guidance
now available.

The G3.1 Sustainability Reporting Guidelines
<http://www.globalreporting.org/NR/rdonlyres/000FEFEC-AE5D-4872-85D9-C80
3BC7B5A2F/0/G31ComparisonSheet.pdf>  feature expanded guidance on issues
including local community impacts, human rights and gender, as well as
environmental, product responsibility, labor, governance and other
existing GRI categories.

Also today, GRI is launching guidance to help companies determine what
to measure and report on. The organization says that this publication, 
Technical Protocol - Apply the Report Content Principles
<http://www.globalreporting.org/ReportingFramework/G31Guidelines/TheTech
nicalProtocol2011.htm> , will allow companies to produce relevant
reports more easily.

The G3.1 Guidelines are the last stage in GRI's current generation of
Sustainability Reporting Guidelines. The next generation is due to be
launched in 2013 and will be the only valid version starting in 2015.

"Together, the Protocol and the new guidance in G3.1 will enable all
organizations to be transparent about a wide range of important, but
often neglected, issues," said GRI deputy chief executive Nelmara Arbex.

GRI says that companies that are already reporting on their
sustainability performance are entitled to use the current G3 Guidelines
or the new G3.1 Guidelines. Both will remain valid until the next
generation of guidelines is in place. But the organization recommends
that reporters start using G3.1, because it enables them to be
transparent about a wider range of sustainability issues.

Companies that are just beginning to report on sustainability issues
should begin by adopting G3.1, GRI says.

GRI's goals include requiring all large and medium-sized companies in
OECD countries and fast-growing emerging economies to report publicly on
their environmental, social and governance (ESG) performance by 2015
<http://www.environmentalleader.com/2010/05/27/gri-conference-update-201
52020-reporting-goals/> , or if they don't, explain why. The
Netherlands-based non-governmental organization also aims to see a
standard for integrated reporting adopted by 2020.

Research by accounting firm KPMG indicates that 79 percent of 250
companies surveyed are reporting sustainability information.

GRI is planning several updates to its support materials to reflect the
updated guidelines. Spanish, Portuguese and Mandarin versions of G3.1
are expected to be ready later this year.

Terri Goldberg

NEWMOA/IMERC

129 Portland Street, 6th floor

Boston, MA 02114

(617) 367-8558 x302 (office)

(617) 367-0449 (fax)

tgoldberg at newmoa.org

http://www.newmoa.org <http://www.newmoa.org/> 

 

NEWMOA is a member of P2Rx, <http://www.p2rx.org/>  a national network
of regional pollution prevention information centers. 

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