Initiatives Worldwide
Governments and regulators have a direct interest in sustainability reporting – it can help markets function more efficiently, and drive progress towards sustainable development goals. An increasing amount of policy and regulation promotes sustainability reporting.
Latest Policy Developments
GRI has produced a series of recommendations for national policymakers focused around how the Voluntary National Reviews (VNR) process by governments can be used as the platform for improving collaboration with the private sector, capturing their contribution and assessing SDGs progress.
National Action Plans on Business and Human Rights (also available in
Spanish): GRI has provided governments with a series of recommendations to strengthen private sector accountability in their plans on how they will meet their duties under the UN Guiding Principles on Business and Human Rights.
Engaging business in the NDCs: In preparation of 2020 and leading up to the second round of submissions of the Nationally Determined Contributions (NDCs) to the Paris Agreement, GRI and CDP are providing recommendations to policy makers and business on how to include business actions in the NDCs. This briefing provides an analysis of the first round of NDCs, and what this means for policy makers, business action and reporting.
Carrots and Sticks: Policy instruments dealing with sustainability reporting have been on the rise. GRI, together with its project partners, UNEP, KPMG and the Centre for Corporate Governance in Africa periodically collect information on the various reporting instruments and provide a high level analysis on the main trends.
GRI referenced in policy & regulation: The GRI Standards are increasingly referenced by policy makers and regulators. References can be made through requiring the use of the GRI Standard, considering reporting according to GRI as automatically complying with the policy, recommending the GRI Standards or referencing them.