The Global Reporting Initiative (GRI) released its newest, most comprehensive set of sustainability reporting guidelines yesterday, giving organizations around the world better direction towards sharing their sustainability accomplishments.
The G3.1 guidelines are considered both an update and completion of the third generation of GRI’s guidelines. The scope of G3.1 has been expanded to provide more comprehensive guidance on reporting details related to various organizational impacts, especially areas such as human rights, local community, and gender, enabling greater transparency on these and other issues. This is the first major update of the guidelines since the release of the G3 guidelines in October 2006.
Use this document, which helps organizations to produce relevant reports more easily, to determine if the expanded terms in G3.1 are relevant to your organization. Also check out this G3/G3.1 comparison chart to review the changes to the newest set of guidelines.
Since the GRI launched over a decade ago, there has been an increasing trend among global organizations to disclose information on their significant environmental, economic and social impacts. Central to the GRI’s mandate is making social and environmental reporting as important as financial reporting.