July 15: Let's Talk About Scope 3: How It Works, and How to Make it Work For You
Global Reporting Initiative (GRI)
"By adopting the Global Reporting Initiative (GRI) standards, ClearWater Corp. improved its sustainability reporting, providing comprehensive data on economic, environmental, and social impacts. This adherence to internationally recognized guidelines enhanced the company’s credibility and stakeholder trust."
Definition
An ESG reporting framework of universal standards, and industry-specific standards. They are the world's most widely used sustainability standards focusing on how a company's ESG reporting affects the economy. Reporting with the GRI is voluntary but are often employed to meet stakeholder expectations and adhere to regulations.
Related terms