That is, to disclose information in regards to corporate impacts, both negative and positive, on environmental, social and economical features of the business.In addition, since December 2014, the European Commission Directive adopted a new obligation that large multinational corporations should provide a non-financial disclosure to the markets. There are three core modules, known as GRI’s 100 series. The modular, interrelated GRI Standards are designed primarily to be used as a set, to prepare a sustainability report focused on material topics.
The image below details how these topics are organized.Is this really a solution for tomorrow?In this case, we are talking about GRI reporting and the processes used to create a sustainability report that complies with GRI Standards.As mentioned at the start of this article, we give you the three universal GRI Standards as templates:Where do you start?
These templates will help you get started in the creation of your sustainability report.‘We invest today’s profits in tomorrow’s solutions’ was a campaign produced by the oil company Shell, in an attempt to gain support for Shell’s Oil Sands Project.Hi there,I am a Junior Content Writer at Process Street.
How do you make sure all key topics are reported on?We at Process Street recognize the fact that producing a sustainability report for your business may initially seem a bit, well…daunting.Ready to become a GRI Standards expert and start implementing GRI Standards into your business today?All in all, GRI Standards help businesses produce a sustainability report so that corporate activities can be assessed and improved upon, to obtain a more sustainable business for long-term business success.Morally speaking from a consumer point of view, we can clearly see the importance of GRI Standards.
The three universal Standards are used by every organization that prepares a sustainability report.
New and existing reporters can download the GRI Standards and get started with reporting here. Research has shown that by having a systematic approach to reporting, the following benefits can be reaped:GRI Standards will help you produce a sustainability report, and by doing so, you are taking a huge leap towards securing business sustainability and cooking up long-term corporate success.False advertisement via greenwashing can be just as detrimental.These templates run through the process of applying the GRI Standards to your sustainability report, making the process easy and actionable via utilizing features such as the below:What an outrageous claim Viceroy cigarettes made!
This GRI 100 series are universal standards that apply to every organization preparing a sustainability report, and are as follows:In this article, we have looked at what GRI Standards are and why they are important.The Oil Sands project targets Northern Canada’s tar sands that stretch over 140,000 square kilometres of Alberta.