Responsible business for sustainable development

Our long-standing partnership with the Swedish International Development Cooperation Agency (Sida) has led to several groundbreaking results, from the development of a digital reporting tool, to the launch of new Standards and the targeted growth in policies and regulations to advance sustainability reporting in emerging markets. 

‘Responsible Business for Sustainable Development’ is the new program initiated under this partnership, together with the Danish Institute for Human Rights. The program will pursue greater integration of sustainable development disclosures into organizations’ business strategies as well as policymaking, to help catalyze action toward the SDGs. 

Within the program, GRI wants to show impact through 

  • Increased use of disclosed sustainability data into business practices. 
  • Supporting evidence-based dialogue for international and national policies and approaches. 
  • National Plans on responsible business that are developed and aligned with national strategies for sustainable development. 

Results 

  • Support for the world’s first Tax Standard in December 2019. 
  • Launch of sector standards for: Oil, Gas and Coal and Agriculture and Fisheries 
  • Development of a Digital Reporting Tool, allowing companies to disclose custom-made reports on their sustainability impacts aligned with the GRI Standards.  
  • 23% increase in the number of reports issued by (for profit) corporations in low and middle-income countries since 2018.  
  • 10% increase in policy frameworks and 24% increase in policy instruments referencing GRI since 2016, as measured by GRI’s publication Carrots and Sticks (latest edition July 2020) 
  • Increased representation from developing countries in GRI’s governance bodies, with 14 members supported to attend the GRI Standards development process. 

 

Resources (Download from the 'Related documents' section below)

  • Business Reporting on the SDGs series (incl. translations): 
    • Analysis of the goals and targets
    • Integrating the SDGs into corporate reporting: A practical guide
    • In focus: Addressing investor needs in business reporting on the SDGs 
  • Toolkit (2019): Advancing reporting on responsible minerals sourcing
  • Policy recommendations publications: 
    • Strengthening business accountability in the National Action Plans on Business and Human Rights: Policy recommendations on transparency (2019)
    • Engaging business in the NDCs: policy recommendations on the role of the private sector and reporting (2019)
    • Using corporate reporting to strengthen sustainable development goals: Recommendations for national policy makers

Related documents

Helping tackle poverty in developing countries file 01 Mar 2017 English 3 MB
Can corporate reporting help end poverty? file 01 Aug 2016 English 2.3 MB
Corporate reporting on poverty file 01 Oct 2018 English 3.5 MB
Business reporting on the SDGs: Analysis of the goals and targets file 01 Feb 2019 English 5.2 MB
Business reporting on the SDGs: Integrating the SDGs into Corporate Reporting: A Practical Guide file 01 Oct 2019 English 966 KB
Business reporting on the SDGs: In Focus: Addressing Investor Needs in Business Reporting on the SDGs file 16 Sep 2020 English 2.1 MB
RMI-GRI_Advancing-Reporting-on-Responsible-Minerals-Sourcing.pdf file 14 Oct 2019 English 21.7 MB
Strengthening business accountability in the National Action Plans on Business and Human Rights: Policy recommendations on transparency file 16 Sep 2020 English 3.7 MB
Engaging business in the NDCs: Policy recommendations on the role of the private sector and reporting file 06 Jun 2019 English 1 MB
Using Corporate reporting to Strengthen Sustainable Development Goals: Recommendations for National Policy Makers file 16 Sep 2020 English 5.9 MB

Become a partner

Interested in contributing to GRI’s mission? We welcome all types of partners: foundations, governments, organizations and individuals.  Contact Marco van der Ree, our Chief Development Officer.

Marco van der Ree