What Is GRI Sustainability Reporting and How Do You Do It?
19 March, 2021
What are GRI Standards? Who sets them? Here’s a general overview of GRI sustainability reporting and how you can simplify the process for your organisation.
Written by Rio ESG
GRI is one of the most commonly used ESG (environmental, social, and governance) reporting frameworks. But like most ESG frameworks, it can be complicated and confusing, especially for those who are new to the world of sustainability reporting.
In this post, we’ll cover the basics of GRI reporting, including a general overview of the GRI Standards and how you can simplify the reporting process for your organisation.
What is GRI sustainability reporting?
Founded in Boston, Massachusetts in 1997, GRI (Global Reporting Initiative) is an international independent standards organisation that helps companies, governments, and other organisations understand and report on their ESG impact.
GRI sustainability reporting refers to the process of collecting and disclosing ESG-related information according to the Global Reporting Initiative guidelines.
In addition, the GSSB is also developing sector disclosures that aim to offer more specific sector-based guidance for high-impact industries. Standards currently under development as part of the sector program include:
In 2013, the Global Reporting Initiative guidelines for reporting were in their fourth iteration (hence “G4”). However, GRI has since transitioned to “GRI Standards,” which have superseded the G4 guidelines.
Organisations that plan to disclose using the GRI framework should follow the latest versions of GRI Standards.
What organisations use GRI Standards for reporting?
GRI is one of the most widely adopted ESG reporting frameworks, especially among large organisations. In fact, 73% of G250 companies (the world's 250 largest companies by revenue) use GRI Standards to report on ESG.
Most organisations align their annual CSR or Sustainability reports with the GRI Standards as a way to showcase disclosure to their stakeholders.
To keep track of who reports using the framework, GRI has a searchable database, the Sustainability Disclosure Database. Notable GRI reporting companies include Adidas, BP, and Vodafone, just to name a few.
Can GRI software help with reporting?
If you’re looking for a GRI Standards tool to help you keep track of your sustainability metrics and manage reporting, consider a software solution like Rio.
Rio is an intelligent and accessible sustainability software platform that helps businesses and individuals become more sustainable through data analysis, learning, and governance. The user-friendly system can automatically ingest data from other platforms, generate GRI reports, and provide intelligent sustainability recommendations based on your data.