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:
By Peter Paul van de Wijs, GRI’s Chief External Affairs Officer
From the inception of the Sustainable Development Goals (‘the SDGs’) through the UN’s 2030 Agenda, GRI has championed the participation of the private sector in measuring and achieving progress. And a huge incentive for companies to get involved is improving their ways of working by embracing sustainable business practices.
GRI expands global reach as ASEAN Regional Hub opens in Singapore
September 3, 2019 /3BL Media/ — A new GRI Regional Hub has officially opened today in Singapore, to serve the ten countries of the Association of Southeast Asian Nations (ASEAN).
The office will support ASEAN companies with relevant services and training, helping them on their journey to identify, manage and report their most material environmental, social and governance (ESG) impacts. The Hub will also liaise with governments, capital markets, civil society and other stakeholders in the region.
By Alyson Genovese, Director of GRI’s USA and Canada Regional Hub
Adopted in 2015, the UN Sustainable Development Goals (SDGs) provide a shared plan for all countries – developed and developing – to end poverty, spur economic growth and protect our planet’s environment. The SDGs represent the first time that the private sector was included as a partner with a key role in reaching the goals.
GRI makes key appointment as Chief Development Officer joins the organization
GRI is raising its capacity to build on the success of the GRI Standards, following the recruitment of Marco van der Ree as Chief Development Officer.
The new appointment will be crucial in ensuring the funding is in place to support the future delivery and improvement of the GRI Standards – the world’s most widely used sustainability reporting framework.
Marco, who starts in post on 15 July, will lead work to diversify and implement the organization’s fundraising strategy and oversee outreach to institutional, foundation and public donors.
Opportunities to Join Global Sustainability Standards Board and Due Process Oversight Committee
Nominations are being welcomed for membership of two bodies that are critical to the success of the GRI Standards – the world’s most trusted and widely used sustainability reporting framework.
GRI is seeking new members for the Global Sustainability Standards Board (GSSB), the governance body that operates independently of the GRI Secretariat with sole responsibility for the setting and development of the GRI Standards.