CHAPTER 4

Global Reporting Initiative (“GRI”) Standards

It is generally acknowledged that the standards developed by the Global Initiative (GRI) ( www.globalreporting.org) are the world’s most widely used with respect to sustainability reporting and disclosure. The latest version of the GRI’s sustainability reporting framework, generally referred to as the “GRI Standards,” were published, following extensive consultation, in October 2016 and formally went into effect for reports and other materials published on or after July 1, 2018.1 The Global Sustainability Standards Board (GSSB) issues and maintains the GRI Standards for organizations to use in their “sustainability reporting,” described by the GSSB as “an organization’s practice of reporting ...

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