What is G4 sustainability reporting guidelines?
G4 is the latest generation of these guidelines. The Guidelines consist of Principles for defining report content and ensuring the quality of the information reported. The Guidelines also include Standard Disclosures consisting of Performance Indicators and other disclosure items.
What is GRI sustainability reporting?
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.
What are GRI reporting principles?
We support the reporting principles set out in the GRI G4 guidelines. For defining report content, these are: stakeholder inclusiveness; sustainability context; materiality; and completeness. For defining report quality, these are: balance; comparability; accuracy; timeliness; clarity; and reliability.
What is the difference between core reporting and comprehensive reporting at GRI?
The core option requires organizations to include only important elements in their sustainability reports (SRs), while the comprehensive option requires more disclosures regarding governance and all material aspects identified.
What is GRI G4 guidelines?
Guidelines — G4 The GRI 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 G4 report?
G4-based reports should cover Aspects that reflect the organization’s significant economic, environmental and social impacts; or substantively influence the assessments and decisions of stakeholders.
What should be in a sustainability report?
Draft your report outline, which should include an executive summary, a section on the company’s reasons for pursuing sustainability, a section on how the company is pursuing its objectives, a section on costs, a section on the specific benefits the company expects, a status report and a summary with recommendations.
What is included in a GRI report?
GRI 101 sets out the Reporting Principles for defining report content and quality. This includes information about an organization’s profile, strategy, ethics and integrity, governance, stakeholder engagement practices, and reporting process.
Are GRI standards mandatory?
Since its inception more than 20 years ago, GRI has championed the move to mandatory sustainability reporting requirements, while freely providing the sustainability standards that are widely and increasingly used by organizations on a voluntary basis.
What is G4 framework?
The Global Reporting Initiative (GRI) is a framework for comprehensive corporate social responsibility reporting on environmental, social and governance topics. The latest iteration of the framework, GRI G4, puts stakeholder engagement to determine materiality at the forefront of the reporting methodology.
What is G4 business?
The G4 Guidelines ask companies to state their policy and practice on external assurance as part of their report. While GRI recommends the use of external assurance, this is not a requirement in order for a company to prepare a report ‘in accordance’ with the G4 Guidelines.
How do you collect sustainability data?
Collect qualitative data through surveys, customer comments, and writing down your own feelings or thoughts about sustainability. Employee complaints, struggles and interests are all valuable qualitative data. With each sustainability initiative, take time to collect employee feedback and ask them for input.