Review of BEPS sees groups around the world push for public reporting
March 19, 2020 /3BL Media/ - The response to the OECD’s consultation on updating their tax reporting framework has been supportive of adding public disclosure of country-by-country corporate tax payments. About 25% of the responses urged the OECD to align with GRI’s recently launched Tax Standard.
Norges Bank press for companies to improve and increase ESG disclosures
March 4, 2020 /3BL Media/ - A report from Norges Bank Investment Management – manager of the one trillion Euro Government Pension Fund of Norway – has called for businesses to improve metrics to ensure they disclose ‘relevant, quantitative and comparable information on environmental, social and governance (ESG) issues’.
Quality disclosure requirements critical to EU's sustainable investment plan
February 13, 2020 /3BL Media/ - Global Reporting Initiative welcomes the European Green Deal as a global game changer that other economies should follow. With ambitious legislative changes backed by one trillion Euros investment over the next decade, the EU is signalling leadership in efforts to advance sustainable development and tackle climate change.
Call for experts to join GRI Sector Standard working group
February 4, 2020 /3BL Media/ - The world’s leading sustainability reporting standards setter is developing a new standard to help agriculture and fishing organizations improve how they disclose and manage their impacts.
Free webinar on first global standard for tax transparency
January 23, 2020 /3BL Media/ - Why has the world’s leading sustainability standard setter launched a new reporting standard on tax – and how can organizations start to understand and use it to disclose their impacts?
To help answer these questions and many more, GRI is holding free webinar sessions on January 29, open to all those with an interest in the new Tax Standard. GRI 207: Tax is the first global standard for public, country-by-country reporting on tax. It also includes disclosures on tax strategy, governance and risk management.
GRI engaging and influencing at World Economic Forum annual meeting
January 22, 2020 /3BL Media/ - With global leaders gathered in Switzerland for the World Economic Forum (WEF), GRI is pressing for action and commitments that support the transition to sustainable and responsible business.
GRI chief executive Tim Mohin is participating in the WEF annual meeting in Davos this week. That includes a strategy session today with the WEF International Business Council on mainstreaming ESG (Environmental, Social, and Governance) disclosures.
High interest at London event in GRI’s ‘game changer’ Tax Standard
January 17, 2020 /3BL Media/ - The increasing number of inquiries into the tax practices of corporations demonstrates why a transition towards transparent tax disclosure is urgently required.
This was a key message from Elise J Bean, former United States Senate tax investigator, as she addressed an event in London today to highlight GRI’s launch of the world’s first country-by-country public reporting standard for tax. Governments around the world, including several EU countries and Australia, are currently reviewing the tax practices of multinationals.
Second GRI-Enel collaboration forum highlights areas for action
January 13, 2020 /3BL Media/ - Business and policy representatives from around the world have shared their views on the changes needed to ensure companies can actively contribute to the UN Sustainable Development Goals (SDGs) – and how reporting and partnerships supports this process.
By Tim Mohin, Chief Executive of Global Reporting Initiative (GRI)
The expectations on companies to be transparent about their ways of working are greater than ever before. Nowhere more so than in the area of supply chain management. In our globalized economy, how businesses outsource as well as purchase often determine the majority of their impacts on people and the planet.