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.
NEW YORK, December 13, 2019 /3BL Media/ - In August 2019, almost all the Business Roundtable CEO members (181) signed on to an updated BRT definition of “the purpose of a corporation” which expanded the definition to include a focus on other stakeholders other than investors.
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.
This holiday season, Cisco has a lot to be grateful for: 35 years of business growth and, today, the launch of our 15th corporate social responsibility (CSR) report. This was my first time shepherding the process of producing a CSR report for a company the size of Cisco, and it was a doozy: we connected with over 90 individuals across the business to collect all the data related to the company’s social, environmental, and governance performance. Content development took 5 months and at 200+ pages, this report could break your toe if you dropped the hard copy. Luckily it’s digital-only.
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.
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.
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:
Support for companies to go beyond regulatory compliance
October 30, 2019 /3BL Media/ - GRI and the Responsible Minerals Initiative (RMI) launched a toolkit this month to help companies with mineral sourcing in their supply chains to do more to meet the reporting expectations of stakeholders – and a free webinar is set to take place.