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IMPORTANT NEWS: JOIN US IN PERSON OR VIRTUALLY TO LEARN MORE
The most commonly used sustainability reporting standard for corporate and institutional reporting on an organization’s economic, environmental and social/societal impacts - The Global Reporting Initiative's (“GRI”) framework - has now moved from the fourth generation (G4) to the new modular GRI Standards. The titles of these corporate reports prepared using the GRI approach to disclosure carry varying titles: Corporate Sustainability, Corporate Responsibility, Corporate Citizenship, Environmental Stewardship, and more. Since the launch of the first GRI framework in 1999-2000, more than 30,000 such reports have been published, the overwhelming majority by companies (publicly-traded and privately-owned, from macro-and large-cap down to smaller enterprises). Companies from around the world are well represented in the global reporting database maintained by GRI in Amsterdam, where it is headquartered. While reports are filed from Europe, Asia/Pacific, Africa, Latin America, and North America. It’s worth noting here that GRI was birthed in the United States, in great measure modeled on the earlier reporting framework efforts for corporations developed by the Ceres organization in Boston. While European-based companies in earlier years dominated in utilizing the framework, in recent years U.S. companies have well made up for any gap, in various industry and sector categories. G&A Institute researchers closely follow the important S&P 500® universe, and we found that in 2010, about 20% were publishing sustainability / responsibility reports; that percentage climbed to over 50% in 2011, reached the mid-70s% mark in 2012 and 2013, and last year (2015) we reported that 81% of the 500 firms were on board with reporting – the majority by far using the GRI framework. Over a decade-and-a-half, the global framework has evolved through a comprehensive multi-party development process, moving from “G1” up through G3 to today’s G4. And now there is a significant development for you to tune in to: The Global Reporting Initiative is formally launching the GRI Standards. The new modular structure will feature three (3) universal standards and a selection of 33 topic-specific Standards to cover specific economic (financial), environmental and social (or societal) topics.
There’s much more to know about the new GRI Standards -- whether you are new to sustainability reporting or a seasoned veteran. GRI is inviting you to help GRI celebrate the launch of the Standards at Bloomberg LP headquarters in New York City on November 2 from 11am to 2pm. The new Standards will have a “guided tour” by GRI staff, and we’ll learn more about the transition from current G4 Guidelines, as well as having our questions answered by GRI team members who were involved in developing the Standards. To learn more and register for this free event at Bloomberg, please visit: Unable to attend the event at Bloomberg, but want to learn more? Register for the G&A Webinar here: GRI is also hosting a series of in-person launch events around the globe. With questions or to learn more, please contact Louis Coppola at lcoppola@ga-institute.com As you may know, Governance & Accountability Institute has been the exclusive Data Partner for the GRI in the United States of America since 2010; we are also the DP for the United Kingdom and Republic of Ireland. In this role we receive and analyze more than 1,500 corporate and institutional reports each year. Contact us for more information about how we can help you and your organization with your GRI reporting and transition over the coming months to the new Standard. Top Story GLOBAL STANDARD FOR SUSTAINABILITY REPORTING LAUNCHED
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G&A Institute Sustainability Update™ _______________________________ Governance & Accountability Institute Service Highlight
_______________________________ FLASH REPORT: Eighty One Percent (81%) of the S&P 500 Index Companies Published Corporate Sustainability Reports in 2015 _______________________________
_______________________________ GRI'S USA, UK & IRELAND
G&A Institute is the exclusive Data Partner for the Global Reporting Initiative's (GRI) in the USA, UK and Ireland. This means that we identify, receive, collect, analyze, database and then communicate on every report issued by an organization in any of these three countries. Over the past 5+ years, G&A has analyzed more than 5,000 sustainability reports in this role and databased more than 100 important data points for each of the five thousand reports.
Navigating the way to sustainability...
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SustainabilityHQ Highlights is prepared by the Governance & Accountability Institute, Inc. based on continuous monitoring of trends and developments in Sustainability and ESG. Click here for more information on the Governance & Accountability Institute’s SustainabilityHQ resources. The SustainabilityHQ™ platform is available by subscription. Governance & Accountability Instiute is the “Sustainability Headquarters™” for clients in the corporate, investment, public and social sectors. Based in New York, G&A is a for-profit consulting organization providing a range of value-added strategies, services and resources related to ESG & sustainability to clients in the corporate and capital markets communities.The G&A services portfolio includes: Sustainability Reporting; Assistance with GRI Report Alignment Services; GRI G4 Reporting; Gap Analysis; Materiality Assessments & Strategies; Stakeholder Engagement; Peer Benchmarking; Critical Issues Management; Coaching / Training; Stakeholder Report Review; Sustainability / Responsibility Report Announcement Services; Sustainability Recognitions/Awards; Public Relations Programs; Communications & Marketing; Event / Speaking Opportunities; Writing & Editing Assistance; Investor Data Review & Enhancement; Third Party Investor Data Providers Assistance; ESG Investor Engagement; Shareholder List Profiling; Investor Roadshows; Investor Perception Surveys. SustainabilityHQ™ is managed and published by Governance & Accountability Institute, Inc. | ||||||||||||||||||||||||
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