GRI REPORTING

Why GRI

The Global Reporting Initiative (GRI) is an international independent standards organization that helps businesses, governments and other organizations understand and communicate their impacts on issues such as climate change, human rights and corruption.

The GRI standards are a set of interrelated reporting standards, enabling organizations to report publicly on their economic, environmental and social impacts and contribution towards sustainable development. The GRI standards represent global best practice for reporting sustainability information – enhancing its comparability and quality.

GRI standards provide companies with a flexible and future-proof reporting structure, that is, the forward-looking and rigorous approach advocated by GRI ensures its process and topics can always remain up-to-date and relevant. GRI standards take policy integration and referencing into consideration, enabling that governments and market regulators are able to easily reference the standards in their policy initiatives. Therefore, GRI standards is the reporting framework that meets all needs for sustainability reporting – from comprehensive reports to issue-specific disclosures. Meanwhile, GRI has been developed with multi-stakeholder contributions and rooted in the public interest, upholding its strong credibility and robustness among companies’ stakeholders.

GRI Reporting Management

Reporting under GRI standards can be complicated and trivial, therefore project management can be essential. The sustainability reporting process includes define report content: stakeholder engagement, define report content: materiality analysis, data collection, content development, communications/outreach and feedback and review. To smooth the reporting process, prepare and reporting project management are applied before reporting process.

Prepare

  • Assessing sustainability reporting requirements and initiatives

  • Benchmarking and gap analysis regarding organizations’ sustainability reporting practices

  • Getting internal buy-in

Reporting project management

  • Planning

  • Set-up of the project and reporting team

  • Decision on and planning of third-party feedback/assurance

  • Kick-off meeting(s) and other internal meeting

GRI Reporting Service

GRI-Referenced Claim

  • Refernce GRI standard in ESG reporting

  • Using selected GRI standards

Core Option

  • Comply with core GRI standards

  • Summerise core ESG findings and recommend KPIs disclosure strategies

  • Present sustianability governance framework with clear responsibility distribution

Comprehensive Option

  • Comply with comprehensive GRI standards

  • Align the report with the requirement of selected GRI reporting opinion

  • Summerise core ESG findings and recommend KPIs disclosure strategies

  • Present the sustianability governance framework with clear responsibility distribution

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