New appointments to ramp up capital markets and policy engagement
March 25, 2020 /3BL Media/ - As global capital markets, investors and policy makers are increasingly focused on environmental, social and governance (ESG) information, GRI has made two senior appointments to help meet the needs of these important stakeholders:
An open letter from Global Reporting Initiative to our stakeholders
As an international organization, with employees and stakeholders around the globe, GRI has been closely monitoring the developments concerning the COVID-19 pandemic. At all times we have been striving to respond appropriately, adhering to the expert advice from local and global health authorities – while continuing to operate effectively and provide services within this ever-changing environment.
By Peter Paul van de Wijs, GRI Chief External Affairs Officer
This year marks just ten years to go to the deadline for completing the UN Sustainable Development Goals (SDGs). These universally supported targets were always ambitious in their scope – yet what is clearer now than ever before is that quicker progress is crucial in the decade to come. If the world stays on the same pace as the past five years, the goals will not be met with worrying and serious consequences.
CalSTRS CEO Jack Ehnes at the GRI Reporters’ Summit in Arizona
GRI continues to deliver the most effective global sustainability standards, while it is focused on doing even more to support companies to provide high quality, accessible and impactful reporting.
That was a key message from Jack Ehnes – Vice Chair of the GRI Board, and CEO of CalSTRS (California State Teachers’ Retirement System) – as he addressed the GRI Reporters’ Summit in Arizona, USA, yesterday.
By Judy Kuszewski, Chair of the Global Reporting Initiative’s Global Sustainability Standards Board
On 3 April 2016, the world woke up to revelations in the Süddeutsche Zeitung newspaper laying bare the murky use of offshore financial services and shell companies, which some individuals and companies were using to minimize their tax liabilities.
The Panama Papers, as the multi-country investigation became known, provided sensational stories involving politicians, rock stars and royalty. But what it also laid bare was the scale of global business’s tax avoidance – often entirely legal.
December 13, 2019 /3BL Media/ - The Philippines Securities and Exchange Commission (SEC) has been acknowledged for their efforts to raise the sustainability reporting capacity of businesses, for which GRI has provided wide-ranging support.
GRI and Responsible Labor Initiative launch new toolkit
December 11, 2019 /3BL Media/ - A toolkit to advance reporting on modern slavery has been published by GRI and the Responsible Labor Initiative, an Initiative of the Responsible Business Alliance. The resource provides guidance on increasing the effectiveness of corporate reporting, underpinning the transparency and accountability needed to support global efforts towards eradicating modern slavery.
No hiding place: companies need to demonstrate they pay their fair share
The launch of a new tax reporting standard that seeks to ensure multinationals are much clearer about how much – and where – they pay their taxes has received widespread international support.
The GRI Tax Standard is the first global standard for comprehensive tax disclosure at the country-by-country level. It supports public reporting of a company’s business activities and payments within tax jurisdictions, as well as their approach to tax strategy and governance.
Recommendations for governments to strengthen business accountability
November 25, 2019 /3BL Media/ - Governments need to do more to help businesses understand, mitigate and improve their human rights impacts – by strengthening transparency and reporting requirements.
This is the key finding of a report from GRI looking at the progress countries have made towards meeting their duty under the UN Guiding Principles on Business and Human Rights, by analyzing the 23 National Action Plans (NAPs) produced by governments so far.
November 13, 2019 /3BL Media/ - GRI, provider of the world’s leading sustainability reporting standards, will welcome four new members to its Board from 1 January 2020.
The Board of Directors oversees the organizations’ work to increase and strengthen sustainability disclosures by companies around the world, helping them communicate how they contribute towards sustainable development.
Eric Hespenheide, chairman of the GRI Board, said: