Our position in the reporting landscape
With changes underway and a myriad of guidelines and frameworks, the sustainability reporting landscape can appear complex. Yet the simple reality is that only GRI provides comprehensive sustainability reporting standards for addressing impacts on the economy, environment and people, which meet the needs of multiple stakeholders.
We firmly believe that, for reporting on sustainability issues to be effective, it has to be built on a two-pillar corporate reporting structure, with financial and sustainability disclosures on an equal footing. We are working with a variety of international and intergovernmental organizations to achieve this, including the IFRS Foundation and the European Financial Reporting Advisory Group (EFRAG). The aim of our collaboration is to achieve greater alignment and harmonization of the sustainability reporting landscape for the benefit of companies, investors, and society at large.
At GRI, we advocate for a comprehensive reporting system, which combines financial and impact materiality for sustainability reporting. This is the only way to achieve the comparable and effective reporting needed to drive corporate accountability. We are confident that, with goodwill and cooperation, we can deliver improved reporting that fulfils both applications of materiality and meets the transparency needs of multiple stakeholders.”Eelco van der Enden, CEO of GRI
GRI regularly sends input