Companies and organisations need to communicate their environmental credentials, performance, descriptions of their management systems, and how they actively seek to minimise their environmental impacts. This can be done in media reports and website sections, and by encouraging NGOs and the public to engage with their policy-making.
Requirements for ranking in sustainability reports (Loew et al 2005)
A6. Environmental aspects of products and services
A7. Environmental aspects of production (Weighting: 30%).
A3. Staff interests
A4. Social responsibility in environmental affairs
A5. Social aspects of the products and services (Weighting: 30%).
Integrated requirements - environmental, social
A2. Vision, Strategy and Management
A8. Aims and programme (Weighting: 40% 20%)) .
A1. General company information
A9. Further information source
B3. Substance, clarifications
B4. Quality of communication
Global Reporting Initiative GRI
The Global Reporting Initiative (GRI) develops guidelines for the preparation of sustainability reports from large companies, small and medium-sized enterprises (SMEs), governments and NGOs in a participatory process.
GRI was founded in 1997 by Ceres (currently: Investors and Environmentalists for Sustainable Prosperity; previously: Coalition of Environmentally Responsible Economies), in partnership with the United Nations Environment Program (UNEP). Its headquarters (GRI-Sekretariat) are in Amsterdam, the Netherlands, and has a website: www.globalreporting.org.
The Global Initiative for Sustainability Ratings (GISR) is an initiative launched by Ceres and Tellus in 2011 whose goal is to develop an independent, standardized framework for sustainability ratings.
Since 2014 the 3.1 directive has been replaced by the 4.0 directive. A major innovation is the principle of materiality and the abolition of the 'application level' (Seele und Wagner 2015).
Performance Indicators (PI)
The G3 Guidelines (2006) comprises of over 120 indicators for sustainability report writing.
Number of indicators
- Work practices & employment: 14
- Report parameters: 13
- Social performance: 8
- Governance, Obligations and Engagement: 17
- Human rights: 9
- Environmental performance: 30
- Economic performance: 9
- Product responsibility: 9
- Strategy and Analysis: 2
- Corporate profile: 10