What is Global Reporting Initiative standards?

What is Global Reporting Initiative standards?

The Global Reporting Initiative (known as GRI) is an international independent standards organization that helps businesses, governments and other organizations understand and communicate their impacts on issues such as climate change, human rights and corruption.

What is the difference between GRI and TCFD?

The TCFD focuses specifically on helping organizations disclose information about the financial impacts related to climate change risks and opportunities; whereas the GRI Standards focus on helping organizations communicate about their impacts (outward) related to climate change and other sustainability topics (e.g..

Is CDP a reporting framework?

CDP is a popular voluntary reporting framework that companies use to disclose environmental information to their stakeholders (investors, employees, and customers). CDP maintains this data in an open database and proclaim to hold the world’s most comprehensive collection of self-reported environmental data.

What are the GRI’s sustainability reporting guidelines?

The purpose of the GRI Sustainability Reporting Guidelines (the Guidelines): The Guidelines offer Reporting Principles, Standard Disclosures and an Implementation Manual for the preparation of sustainability reports by organizations, regardless of their size, sector or location.

What is the Global Reporting Initiative and what is its purpose?

The Global Reporting Initiative (GRI) is an international, multi-stakeholder and independent non-profit organization that promotes economic, environmental and social sustainability. The GRI was established in 1997 in partnership with the United Nations’ Environment Programme (UNEP).

What is the role of Global Reporting Initiative?

GRI (Global Reporting Initiative) is the independent, international organization that helps businesses and other organizations take responsibility for their impacts, by providing them with the global common language to communicate those impacts.

Is CDP a standard or framework?

Carbon Disclosure Project (CDP) Today, more than 9,600 companies along with 800 cities, states, and regions worldwide disclose their environmental impacts through CDP, making it one of the most widely used reporting frameworks.

What is CDP and TCFD?

CDP’s disclosure platform provides the mechanism for reporting in line with the TCFD recommendations. As a result, CDP has the largest TCFD-aligned environmental database in the world, and CDP scores are widely used to drive investment and procurement decisions towards a zero carbon, sustainable and resilient economy.

Is CDP a standard?

The CDP guidance document specifies a third party check. The EPA’s enhanced requirements published in October 2014 have not altered this. Note: This is a corporate GHG inventory reporting standard. Note: This is not a verification standard, but a reporting platform.

What is the purpose of Global Reporting Initiative?

Who is the climate disclosure standards board ( CDP )?

Visit cdp.net or follow us @CDP to find out more. The Climate Disclosure Standards Board (CDSB) was founded in 2007 and is an international consortium of business and environmental NGOs committed to advancing and aligning the global mainstream corporate reporting model to equate natural capital with financial capital.

What are the global standards for sustainability reporting?

GRI Standards. The GRI Standards are the first global standards for sustainability reporting. They feature a modular, interrelated structure, and represent the global best practice for reporting on a range of economic, environmental and social impacts.

What are the GRI Standards for sustainability reporting?

The GRI Standards are the first global standards for sustainability reporting. They feature a modular, interrelated structure, and represent the global best practice for reporting on a range of economic, environmental and social impacts. New and existing reporters can download the GRI Standards and get started with reporting here.

Why are the global disclosure standards so important?

In addition to reporting companies, the Standards are highly relevant to many other groups, including investors, policymakers, capital markets, and civil society. The Standards are designed as an easy-to-use modular set, starting with the universal Standards.