Global Reporting Initiative
Global Reporting Initiative (GRI) helps businesses and governments worldwide understand and communicate their impact on critical sustainability issues. This enables real action to create social, environmental and economic benefits for everyone. The GRI Sustainability Reporting Standards are developed with true multi-stakeholder contributions and rooted in the public interest.
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OVERVIEW
Global Reporting Initiative (GRI) is an independent international organisation that has pioneered sustainability reporting since 1997. Their vision is a thriving global community that lifts humanity and enhances the resources on which all life depends.
The GRI Sustainability Reporting Standards (GRI Standards) are the first and most widely adopted global standards for sustainability reporting. Since inception, they have transformed it from a niche practice to one now adopted by a growing majority of organisations. In fact, 93% of the world’s largest 250 corporations report on their sustainability performance. The practice of disclosing sustainability information inspires accountability, helps identify and manage risks, and enables organisations to seize new opportunities.
Reporting with the GRI Standards supports companies, public and private, large and small, protect the environment and improve society, while at the same time thriving economically by improving governance and stakeholder relations, enhancing reputations and building trust.
GRI work with the largest companies in the world as a force for positive change – companies with revenues larger than the GDPs of entire countries and supply chains that stretch the globe. The impact of their work on social well-being, through better jobs, less environmental damage, access to clean water, less child and forced labour, and gender equality has enormous scale.
MISSION STATEMENT
GRI envisions a sustainable future enabled by transparency and open dialogue about impacts. This is a future in which reporting on impacts is common practice by all organizations around the world. As provider of world’s most widely used sustainability disclosure standards, we are a catalyst for that change.
FUNDING SOURCES
GRI is supported by a global network and has diverse sources of funding. This means:
• Project grants from governments and foundations.
• Corporate sponsorship of projects and events.
• Provision of learning and other services.
• Support from a large international community of members of the GRI Community and Stakeholder Council members.
Strategic Partnerships:
- Sweden Sverige: In July 2013 the second phase of core funding was agreed and implemented between the Swedish International Development Cooperation Agency (Sida) and GRI.
- Swiss State Secretariat for Economic Affairs (SECO): In September 2016, GRI and the Swiss State Secretariat for Economic Affairs (SECO) launched the second phase of the Corporate Sustainability and Reporting for Competitive Business (CSRCB) program for a rollout of four years.
- UK Government: In April 2015, GRI signed a grant agreement with the UK Government – Department for International Development (DFID) for the rollout of a four-year program.
- The Australian Government: In April 2015, the Australian Government – Department of Foreign Affairs and Trade (DFAT) entered into a partnership with GRI. The program ‘Accelerating Sustainable Economic Development through Sustainability Reporting’ will contribute to sustainable and inclusive economic development and facilitate trade and investment in the Indo-Pacific.