GRI

The GRI, or Global Reporting Initiative, is an international independent organization that helps businesses, governments, and other organizations understand and communicate their impacts on issues such as climate change, human rights, and corruption. The GRI provides a comprehensive sustainability reporting framework that is widely used around the world. The core component of the GRI is its Sustainability Reporting Standards (GRI Standards), which are designed to help organizations report on their economic, environmental, and social impacts. These standards are continuously updated to reflect global best practices and stakeholder expectations. The GRI Standards cover several key areas, including: – **Economic Performance:** Financial implications and risks due to climate change, market presence, and indirect economic impacts. – **Environmental Impact:** Energy consumption, water usage, biodiversity, emissions, effluents, and waste management. – **Social Responsibility:** Labor practices, human rights, society, and product responsibility. By adhering to the GRI Standards, organizations can produce sustainability reports that provide a balanced and reasonable representation of their sustainability performance and impacts, helping stakeholders make informed decisions.