The Global Reporting Initiative (GRI) has developed various standards for sustainability reporting that are used to evaluate the ESG (Environmental, Social and Administrative) performance of companies. Among the most well-known standards are:
- Sustainability Reporting Standards (SRS): These standards provide general guidelines for sustainability reporting and contain a number of policies and indicators to help businesses and organizations report on their ESG performance.
- Indicators for Sustainability Reports (GRI Standards): GRI Standards are used to assess the ESG performance of companies in various areas such as environmental protection, human rights, working conditions, health and safety, and more.
- GRI Materiality Standards: These standards help companies and organizations identify key ESG issues that have the greatest impact on their business and stakeholders.
- GRI Comparability Standards: These standards ensure that sustainability reports are comparable across companies and organizations across industries and countries.
- GRI Verification Standards: These standards provide guidance for independent verification of sustainability reports and ensure that reports comply with the GRI Standards and other relevant standards and regulations.
These standards are developed with transparency and accountability principles central to ESG and are used by companies and organizations around the world to assess and improve their ESG performance.
