Currently, there are industryspecific disclosures for ten sectors, including airport operators, financial services, oil and gas, media and ngo, with more to follow. The global reporting initiatives gri g4 guidelines have been released. Gri will be launching next generation of sustainability reporting guidelines g4 in may 20 during gri s global conference on sustainability and reporting. Define the scope of the cop using the gri g4 reporting principles and guidance on identifying material aspects and boundaries. The global reporting initiative gri has launched the g4 sustainability reporting. Global reporting initiative gri taxonomy implementation guide. Gri standards will be required for all reports published after 1 july 2018 the g4 guidelines will remain available until that date. Jun 23, 2014 the new software provides users with the latest gri g4 standards. This report presents data for gri g4 indicators that correspond to the material aspects as identified through our 2016 materiality assessment refresh and stakeholder engagement see cross references and stated omissions table. While i only had the guidelines in my hands for about an hour we werent allowed to keep a copy until the official release just now, here are the key changes as highlighted in our gri. The standards themselves are comprised of a collection of three required, universal standards and thirtythree discretionary, topicspecific standards. By using the gri guidelines, we disclose the most critical impacts of our activities on the environment, society and the economy. The new software provides users with the latest gri g4 standards. Gri will be launching next generation of sustainability reporting guidelines g4 in may 20 during gris global conference on sustainability and reporting.
Although the new standards bring little changes in terms of content, there are a couple of points to note for reporting organizations. Sofi sustainability reporting gri g4 by sphera issuu. At its may conference in amsterdam, the global reporting initiative gri released the fourth generation of its sustainability reporting guidelines, the g4, to an audience of more than 1,600 corporate sustainability practitioners, ngos, and the media. On 22 may, the global reporting index gri unveiled its revised standards for corporate sustainability reporting. All companies that want to report in accordance with the gri need to report on the new general and specific standard disclosures in g4 including additional disclosures on. Recently, g4 the fourth generation of the guidelines launched in may 20 have been superseded by the gri sustainability reporting standards. Developed for use with the gri g4 guidelines, the g4 sector disclosures remain valid for reporting with the gri standards.
Aug 23, 2016 eric hespenheide, interim chief executive the global reporting initiative gri and chair of global sustainability standards board gssb for gri, recently discussed how the g4 guidelines arent going away, but how the new gri sustainability reporting standards will help reduce complexity and increase standardization. Core in accordance report with gri g4 standards with omissions identified. Gri promotes the use of sustainability reporting as a way for organizations to become more sustainable and contribute to sustainable development. Gri g4 indicators handbook guidelines for railway companies 8 this document is formed covering the following sections.
Gri taxonomy implementation guide global reporting initiative. Describes how to use the gri sustainability reporting guidelines to prepare a communication on progress cop. Global reporting initiative g4 sustainability reporting. A good number of the early reporting companies were following the global reporting initiative gri framework for reporting guidance that was for g3 and g3. Here are the highlights, fresh from a fullday gri certified training partner workshop i attended yesterday in amsterdam. Initiated in gri g4 and carried over to the gri standards, a materiality assessment is a process to identify what matters most for your organization to disclose. On october 19 th, the gri g4 guidelines have officially transitioned to gri standards. Gri g4 content index global reporting initiative gri.
The g4 guidelines have been superseded by the gri standards, which will be required for all reports or other materials published on or. There are a number of areas of significant revision from earlier versions of the gri guidelines and reporting. What looks like a big change from outside is first and foremost a clarification of the restructuring of g4. Gri g4 content index g4 disclosure and description pages report sections coverage strategy and analysis g41 statement from the most senior decisionmaker 4 5 hairmans message managing irector and group os message full organisational profile g43 name of the organisation cover cover full g44 primary brands, products, and. The new standards were announced by the gri global reporting initiative in october 2016. Gri promotes the use of sustainability reporting as a way for organizations to become more sustainable and contribute to. The new standards were announced by the gri global reporting initiative in october 2016 and were officially launched in a series of global events. Implications of the gri transition sustainability matters webinar. Gri global reporting initiative is an internationally recognized standard to report on sustainability topics, and to structure a sustainability report.
Nov 04, 20 smarter sustainability reporting pes sofi software is a certified, outofthebox solution for gri reporting increasingly, companies need to determine sustainability impacts such as. Core items of the general standard disclosures are listed in the content index below. The gri standards will gradually replace the g4 guidelines for sustainability reporting. Gri standards emails about new developments in gri standards, such as release of updates and new gri standards, guidance and interpretations. Nelmara arbex, deputy chief executive, guidance, support and innovations area abu dhabi, march 2012. Roche gri index reporting in accordance with the latest gri guidelines. Eric hespenheide, interim chief executive the global reporting initiative gri and chair of global sustainability standards board gssb for gri, recently discussed how the g4 guidelines arent going away, but how the new gri sustainability reporting standards will help reduce complexity and increase standardization. Mission to make sustainability reporting standard practice by providing guidance and support to organizations. An overview of gri gri has pioneered and developed a comprehensive sustainability reporting framework that is widely used around the world. Furthermore, with regards to all the provided guidelines, the company provides a gri index for locating the details.
Last month saw the launch of the latest version of the sustainability guidelines produced by the global reporting initiative gri. In the earlier consultation period gri pledged that the g4 draft will be improved in terms of focus, simplicity and clarity, and that it provide better support. The g4 guidelines have been superseded by the gri standards. Pes sofi for cdp, gri reporting environmental leader. G4 sustainability reporting guidelines what you need to know. Transitioning to g4 the next evolution in the global. We have followed the global reporting initiatives reporting gri g4 guidelines since 2014. Onereport is a certified software and tools provider for the global reporting initiative the first certified for. Which frameworks to use for sustainability reporting. Srt sustainability reporting tool facilitates the use of the gri framework across the g4 guidelines, and the gri content within the tool has undergone certification through the gri certified software and tools program. An important step in preparing a cop is to define the content to ensure it provides a balanced and. Gri g4 sector disclosures global reporting initiative.
We also present additional information not specific to gri or specifically identified in our 2016 materiality assessment. Comments as stated in its charter, the purpose of the corporate governance and nominating committee is to identify and recommend individuals to the board for nomination as members of the board and its committees consistent with criteria approved by the board, to make recommendations to the board regarding board practices and corporate governance, and to develop and recommend to the board a set. While the g4 guidelines remain valid until june 30, 2018, organizations are encouraged to adopt the new gri standards early. You can never have an impact on society if you have not changed yourself. On october 19, 2016, the global reporting initiative published the gri standards. Create a cop using gri g4 standard disclosures prepare. In order to assist organizations in their transition to the new standards, gri is. However, part 1 of the guidelines offers an explanation of the key relationship between integrated reporting and sustainability reporting. There are a number of areas of significant revision from earlier versions of. Comments as stated in its charter, the purpose of the corporate governance and nominating committee is to identify and recommend individuals to the board for nomination as members of the board and its committees consistent with criteria approved by the board, to make recommendations to the board regarding board practices and corporate governance, and to develop and recommend to the board a. At its may conference in amsterdam, the global reporting initiative gri released the fourth generation of its sustainability reporting guidelines, the g4, to an audience of more than 1,600 corporate sustainability practitioners, ngos and the media the update was eagerly awaited, given that the g3 guidelines were first. In 2009, the company reported the use of g3 of gri as guidance for preparing sustainability report. June 23, 2014 june 20, 2014 by jessica lyons hardcastle. Smarter sustainability reporting pes sofi software is a certified, outofthebox solution for gri reporting increasingly, companies need to determine sustainability impacts such as.
Please note that in the interests of transparency, this report provides gri g4 general and specific disclosures significantly beyond those required by a. 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. At its may conference in amsterdam, the global reporting initiative gri released the fourth generation of its sustainability reporting guidelines, the g4, to an audience of more than 1,600 corporate sustainability practitioners, ngos and the media. How the g4 guidelines shape sustainability reporting greenbiz. Gri to update sector guidance 12 oct 2012 the global reporting initiative gri has announced a new research project into sectorspecific topics, with the objective of making technical improvements to the sector supplements to its sustainability reporting framework. All companies that want to report in accordance with the gri need to report on the new general and specific standard disclosures in g4 including additional disclosures on supply chain, governance, materiality assessment, ethics and integrity, anticorruption and energy and ghg. Gri g4 content index csr report 2015 contains information on the standard disclosures according to global reporting initiative gri sustainability reporting guidelines version 4 g4. Modernizing sustainability reporting gri, g4 and xbrl dr. The new gri standards take reporting organisations away from the static nature of the gri g4 framework and into what gri are dubbing a more flexible and futureproof set of reporting guidelines.
The gri g4 guidelines for nonfinancial reporting are transforming into the gri standards. Create reports that cross reference multiple frameworks and disclosures e. The good news today is that gri has released a linkage document which links the gri g4 indicators to the specific requirements of the eu directive. The global sustainability standards board gssb, gri s independent standardsetting body, intends to develop further sector contents, which will describe sectors most significant impacts from a sustainable development perspective. The g4 sector disclosures contain sectorspecific guidance for sustainability reporting. This document is the latest addition of these very useful linkage documents created by gri. G4 guidelines, meet gri sustainability reporting standards. Srt sustainability reporting tool facilitates the use of the gri framework across the g4 guidelines, and the gri content within the tool has undergone certification through. Most changes relate to recommendations or guidance, not disclosures see mapping g4 to the gri standards for more detail 19. What the gris g4 guidelines mean for the future of. Global reporting initiative g4 content index the global reporting initiative gri is a leading organization in global sustainability reporting. Harman reports on our sustainability performance using the global reporting initiative g4 reporting guidelines, which strive for transparency and comparability in corporate sustainability reporting.
In selecting content for inclusion in our 2016 report, harman has utilized the global reporting initiative gri g4 reporting principles as guidance to achieve transparency in reporting, adhering to core in accordance disclosure. Oct 19, 2016 the future of reporting is here thats how gri announces its new standards. Aug 25, 2017 the g4 sector disclosures, developed for use with the g4 guidelines, remain available and valid for reporting with the gri standards, as guidance material, without being mandatory. Gri issues a range of organizational marks, noted below, to be used by third parties in order to perform certain tasks, as well as to confirm that one or more gri services have been successfully completed. Making the connection using gris guidelines to create a.
How the g4 guidelines shape sustainability reporting. Overview on new gri standards difference with g4 guidelines. The gri g4 certified training course aims to prepare participants to understand and coordinate the gri sustainability reporting process using the g4 guidelines. This article was originally published in the bsr insight. New reporters should begin their reporting journey by following g3.
Gri is going big and bold, at least with the launch and release. Jul 18, 20 this article was originally published in the bsr insight. Modernizing sustainability reporting gri, g4 and xbrl. The g4 guidelines are the latest2 and most complete version of gris guidance. The update was eagerly awaited, given that the g3 guidelines were first introduced seven years ago an eternity in the fastmoving world of. Greenstone blog gri non financial reporting software.
Greenstone software completes gri standards certification. We detail each indicator in the relevant sections of. The global reporting initiative gri is a nonprofit organization that works towards a sustainable global economy by providing sustainability reporting guidance. The future of reporting is here thats how gri announces its new standards. All references made in this global reporting initiative gri content index refer to the integrated annual report 2016 iar, unless otherwise stated. Global reporting initiative gri vision a sustainable global economy where organizations manage their economic, environmental, social and governance performance and impacts responsibly and report transparently. The standards are available for download from the gri website. Sustainability reporting a key feature of the materiality determination process required by gri is its inclusive nature in providing guidance on how to implement its principles for defining report content, the gris g4 prescribes a materiality determination process of four steps. The companys software services power billions of mobile devices and systems that are connected, integrated and secure across all platforms. The g4 sector disclosures, developed for use with the g4 guidelines, remain available and valid for reporting with the gri standards, as guidance material, without being mandatory.