Shamkris Global Group

GRI – Global Reporting Initiative

GRI – Global Reporting Initiative

What is GRI?

The Global Reporting Initiative (GRI) is an international organization that provides a framework for sustainability reporting. It sets standards and guidelines for organizations to measure and report their environmental, social, and governance (ESG) performance. GRI’s goal is to promote transparency and accountability in how businesses and other entities communicate their impact on various sustainability issues.

GRI’s reporting framework helps organizations gather relevant information, set goals, and disclose their performance in a standardized and comparable way. The guidelines cover a wide range of topics, including greenhouse gas emissions, labor practices, human rights, and product responsibility. By using the GRI standards, companies can enhance their sustainability reporting, allowing stakeholders such as investors, customers, employees, and the public to make informed decisions and assessments about an organization’s commitment to sustainability.

Overall, GRI plays a crucial role in advancing sustainable business practices by providing a widely accepted and recognized framework for reporting on environmental, social, and governance aspects of an organization’s activities.

Benefits of GRI Reporting

Enhanced Credibility

GRI is a globally recognized and widely accepted framework for sustainability reporting. Adhering to GRI standards can enhance the credibility of an organization's sustainability disclosures, demonstrating a commitment to transparency and accountability.

Stakeholder Trust

GRI reporting allows organizations to communicate their environmental, social, and governance (ESG) performance in a standardized and comprehensive manner. This can build trust among stakeholders, including customers, investors, employees, and the community, as they have access to reliable and consistent information.

Improved Decision-Making

GRI reporting encourages organizations to systematically collect and disclose information on various sustainability aspects. This process can lead to a better understanding of risks and opportunities related to environmental and social issues, contributing to more informed decision-making.

Competitive Advantage

As sustainability becomes an increasingly important factor in business, having a GRI-compliant sustainability report can provide a competitive advantage. It may attract environmentally and socially conscious customers, investors, and partners who value organizations committed to responsible business practices.

Regulatory Compliance

In some regions, there is a growing trend toward mandatory sustainability reporting or disclosure requirements. Adhering to GRI standards can help organizations align with or surpass these regulatory expectations.

Internal Process Improvement

The process of preparing a GRI-compliant sustainability report often involves a thorough assessment of an organization's sustainability performance. This can lead to internal improvements in sustainability practices, resource efficiency, and risk management.

GRI Documents Requirements

Who can get of GRI Reporting?

  • Manufacturing Organizations

  • SME Organizations

  • Service Industry

  • Government Institutes

  • Listed Companies