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GRI releases further elements of proposed next generation sustainability reporting guidelines

  • GRI (Global Reporting Initiative) (green) Image

Aug 17, 2012

The Global Reporting Initiative (GRI) has released two additional exposure drafts (EDs) related to its next generation of Sustainability Reporting Guidelines ("G4"). The EDs seek to improve the way companies report on anti-corruption and greenhouse gas (GHG) emissions in their overall sustainability reporting.

The release of the two additional EDs follows an earlier exposure draft that outlines the G4 project development process and the proposed significant changes to the current "G3" guidelines. The two topics covered by the new EDs were signalled in the original draft.

The ED on anti-corruption is designed to enable companies to report information on their policy, their publicly stated commitment to zero tolerance of corruption, their training of employees, governance bodies and business partners on anti-corruption, and their collective action initiatives toward combating corruption.

The ED on GHG proposes new content for the G4 guidelines that are designed to more closely align GRI’s guidance with (1) the GHG Protocol set of standards, which was jointly released by the World Resources Institute and the World Business Council for Sustainable Development, and (2) the ISO 14064 standard produced by the International Standards Organization for Standardization.

Comments on the two new EDs close on November 12, 2012. Click for the press release (link to the GRI Web site).

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