GRI Reflects on the Global Gathering in Helsinki Earlier this Month
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“The World Circular Economy Forum brought together more than 2,000 business leaders, policymakers and experts from around the world to present the best circular economy solutions”, it states on its website. As such, it reflects the current state of affairs and the direction of the international community towards transitioning to a circular economy. There’s really no better place to be if you crave a rich multi-stakeholder perspective on the topic in the short span of two days.
Corporate managers & executives: is your board “sustainability/ESG fluent”? And if not – why not?
Attorney Silda Wall Spitzer and John Mandyck, CEO of Urban Green Council, writing in Harvard Business Review explain that while “some” board members have become increasingly “sustainability/ESG fluent” many companies [still] don’t expect their directors to understand sustainability or ESG and don’t provide board room education on the subject matter.
There is encouraging news for sustainability professionals coming from the world of stock exchanges this month. The NASDAQ Exchange just published its guide for listed companies – as well for privately-owned firms as perhaps future IPOs for NASDAQ listing – for companies’ public ESG reporting. This is the “ESG Reporting Guide – A Voluntary Support Program for Companies”.
Considerations about sustainability in the supply chain are no longer optional. In all regions of the world, these issues are front and center of both the business and political agenda.
When it comes to the supply chain, transparency is not the first instinct of business. A company’s sourcing practices can be one of the ways to stay ahead of the competition. But, when it comes to sustainability, it’s essential to track the origin of products and services for their environmental and human rights implications.
For the eighth year, the G&A Institute research team has examined the ESG, Sustainability, Responsibility & Citizenship disclosure and reporting practices of the S&P 500® Index companies and determined for year 2018 that 86 percent of the almost 500 public companies were publishing reports in various formats for public viewing.
Project to look at the sustainability reporting standards that apply to all organizations
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The Global Sustainability Standards Board (GSSB), the independent standard setting body of GRI, is launching a project to review the universal Standards.
The updated GRI OHS Standard looks at damage and recovery from injuries, not lost time
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Safe and healthy working environments are crucial for sustainable development, and as such, are one of the targets under the Sustainable Development Goals. According to ILO estimates, around two million people die every year as a result of work-related accidents or diseases, and there are more than 300 million accidents every year.
These days the comparisons of companies in sectors and industries and among investment peers (those companies chasing similar sources of capital) are continuing to gain momentum. There are numerous third party players busily analyzing, measuring and charting company ESG performance and producing scores, rankings, ratings and various kinds of comparisons (company-to-company, company to industry etc) for their investor-clients (asset owners and managers).
G&A Institute Research Highlights: G&A Institute has analyzed index companies’ sustainability reporting activities since 2011. Our research over the past eight years shows that corporate reporting on sustainability -- including environmental, social and governance (ESG) performance and achievements -- continues to be a consistent and reliable for the largest and most influential companies in the US capital markets.
“Sustainability reporting” rose dramatically from 2011, when roughly 20% of companies published reports, to 72% just three years later in 2013. From 2013 to 2017, the frequency of reporting increased each year, reaching 85% in 2017 and now inching up to 86% of companies reporting in 2018.
This enhanced and expanded corporate disclosure and structured reporting on the part of the largest market cap companies underscores the importance and value of considering corporate ESG issues when planning growth strategies, allocating capital, managing resources and communicating results to stakeholders such as customers, employees, and shareholders.
Press Release
G&A Institute Research Highlights: G&A Institute has analyzed index companies’ sustainability reporting activities since 2011. Our research over the past eight years shows that corporate reporting on sustainability -- including environmental, social and governance (ESG) performance and achievements -- continues to be a consistent and reliable for the largest and most influential companies in the US capital markets.
“Sustainability reporting” rose dramatically from 2011, when roughly 20% of companies published reports, to 72% just three years later in 2013. From 2013 to 2017, the frequency of reporting increased each year, reaching 85% in 2017 and now inching up to 86% of companies reporting in 2018.
This enhanced and expanded corporate disclosure and structured reporting on the part of the largest market cap companies underscores the importance and value of considering corporate ESG issues when planning growth strategies, allocating capital, managing resources and communicating results to stakeholders such as customers, employees, and shareholders.
Shape the future direction of the global leader in sustainability standards
Press Release
GRI, provider of the world’s most widely used sustainability reporting framework, has launched a global search to find new members for its decision making and advisory functions.
GRI’s independent, multi-stakeholder approach sets us apart from other standard setters. That is why we are seeking the broadest societal participation in our governance, so that we are inclusive and representative across sectors and geographic boundaries.
Therefore, any individual of high integrity and relevant experience is invited to apply to the join one of the following five bodies:
