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
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.