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GRI Seeks Public Comment on GHG Reporting Guidelines

The Global Reporting Initiative (GRI) is asking the public to help improve the way companies disclose their greenhouse gas emissions. The non-profit is requesting feedback on its latest sustainability reporting framework, G4. The guidelines were already available for feedback until Sept. 25. However, an additional Public Comment Period is now ... Read more »

US Companies ‘Lag in Disclosing Environmental Practices’

Only 16 percent of US-based Russell 1000 companies have adopted formal climate-change policies, compared to 39 percent of their global counterparts, according to a new study by The Conference Board, Bloomberg and Global Reporting Initiative (GRI) Focal Point USA. The report, Sustainability Practices: 2012 Edition, also says US companies lag ... Read more »

IIRC Releases Draft Integrated Reporting Framework

The International Integrated Reporting Council released a draft outline of an integrated reporting framework in an effort to establish a basic structure that will be globally accepted as the corporate reporting norm. The draft framework outline for integrated reporting, which combines sustainability and financial data to provide a holistic view of ... Read more »

2014 World Cup Will Have $20m Sustainability Budget

FIFA has said it will spend $20 million to make the 2014 World Cup in Brazil the first with a comprehensive sustainability strategy. It will include “green” stadiums, waste management, community support, reducing and offsetting carbon emissions, renewable energy, climate change and capacity development, according to FIFA and the Local ... Read more »

Rio+20 Preview: KPMG Roadmap for Business, GRI Reporting in Developing Countries

The UN’s Rio+20 Earth Summit won’t likely result in any binding agreements for businesses, but it may help reinforce sustainable development, according to a report by KPMG International. Some 50,000 participants from governments, businesses, NGOs and lobby groups are expected to attend the summit, June 16-22 in Rio de Janeiro, ... Read more »

PepsiCo, Walmart Partner to Manage Ecosystem Risks

Anglo American, Grupo Andre Maggi, PepsiCo, Vale, Votorantim and Walmart have partnered to develop business strategies that protect the ecosystems in which they operate in Brazil. The newly formed Parceria Empresarial pelos Serviços Ecossistêmicos, or Brazilian Business and Ecosystem Services Partnership, is an initiative to show how biodiversity and ecosystem ... Read more »

Higher GRI Application Levels Mean Better Sustainability, Report Finds

Companies with a higher Global Reporting Initiative application level are better able to manage their sustainability impacts than those with a lower application level, according to research by corporate responsibility and sustainability consulting firm BrownFlynn. Companies with a GRI application level of A receive an average sustainability rating of 57.4 ... Read more »

GRI Releases Sustainability Taxonomy, Public Comments on G4

The Global Reporting Initiative has released a taxonomy for tagging sustainability data in reports and has released the results of the first public comment period on the development of G4, its future guidelines. The XBRL taxonomy should make it easier for report users – including regulators, investors and analysts – ... Read more »

Global Reporting Initiative’s Own Sustainability Report: Emissions Rise

Direct and indirect carbon emissions from office operations at the Global Reporting Initiative increased from about 78 to 80 metric tons of CO2 between fiscal years 2009-10 and 2010-11, according to the body’s sustainability report. Similarly, the secretariat of the worldwide sustainability reporting standards body saw indirect energy used for ... Read more »

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