Browsing All posts tagged under »GRI«

National Voluntary Guidelines on Social, Environmental and Economic responsibilities of Business from Ministry of Corporate Affairs

August 3, 2011 by

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The ministry of corporate affairs last month released the “National Voluntary Guidelines on Social, Environmental and Economic responsibilities of Business”. Though voluntary and not compliance driven, the step shows the significant interest at the highest levels in addressing the challenge of sustainable development. The ministry has earlier released “Voluntary Guidelines on CSR” as the first […]

Corporate Sustainability Reporting and its Implications

May 5, 2011 by

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Corporate accounting has gained significant momentum in the corporate world. Major corporations have chosen to have some form of non-financial reporting, whether voluntary or by mandate, and the presence of voluntary non-financial accounting is a strong indicator of the growing importance of corporate accounting. From a meager 44 firms participating in the Global Reporting Initiative, […]

GRI G3.1 launched

April 7, 2011 by

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Sustainability reporting recently got the most complete guidance ever in the form of GRI’s G3.1 Sustainability Reporting Guidelines, launched on 23 March 2011. GRI has also launched guidance that will help companies in determining what to measure and report. The Technical Protocol will guide organizations in producing relevant reports more easily. The G3.1 Guidelines include […]

Sustainability Reporting guidance – Singapore

January 25, 2011 by

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Recognizing the fact that more and more investors are paying attention to issues involving environmental, social, and governance (ESG) issues, Singapore Exchange (SGX) has recently issued consultation paper including a draft policy statement describing sustainability reporting. SGX has thus become the first securities exchange in Asia to encourage listing companies to begin sustainability reporting. Though […]

Sustainability Reporting

January 4, 2011 by

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Global Reporting Initiative (GRI) is a network-based organization that has pioneered the development of the most widely used sustainability reporting framework of the world and is committed to its continuous improvement and application worldwide. In order to ensure the highest degree of technical quality, credibility, and relevance, the reporting framework is developed through a consensus-seeking process with […]

GRI reports swell by 60% in 2010

December 8, 2010 by

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Global Reporting Initiative (GRI) has recently announced that the 1,000 GRI-based reports milestone for the year 2010 was achieved even before the October month ended. The encouraging news is that the numbers are still increasing. This translates to a roughly 60 % growth in the number of registered reports year over year. This rise in […]

Building Sustainability in Supply Chain – Walmart Way

November 30, 2010 by

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Walmart Sustainable Product Index Walmart, a retail giant and largest company in the world by any standards, announced plans to develop a worldwide sustainable product index. It is expected to lead to higher quality, lower costs, and measure the sustainability of products. Walmart states that the need for such index is due to the increasing […]