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    What Are The Key Components of The Global Reporting Initi Ative (GRI) Framework?

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    Oscar Vega

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    What Are The Key Components of The Global Reporting Initi Ative (GRI) Framework?

    Uploaded by

    Oscar Vega
    3 views9 pages

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    3 views9 pages

    What Are The Key Components of The Global Reporting Initi Ative (GRI) Framework?

    Uploaded by

    Oscar Vega

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 9

    What are the key

    components of the
    Global Reporting
    Initiative (GRI)
    framework?
    An Implementation Scenario
    Here is a detailed scenario that
    outlines a systematic
    implementation of the GRI
    framework for setting a robust
    foundation for sustainability
    reporting. This structured
    approach not only aligns a
    company with global reporting
    standards but also supports
    the company's commitment to
    ongoing improvement and
    stakeholder engagement in its
    sustainability journey.
    Table 1:
    GRI Standards Implementation

    Component Application Goal Target

    Universal and Achieve full


    GRI Standards 100% by
    Topic-Specific compliance
    fiscal year-
    Standards in annual
    end
    report
    Table 2:
    Principles for Report Content
    and Quality
    Quantitative
    Principle Strategy Goal
    Timeline

    Engage 500+ Inform report


    Stakeholder stakeholders via content with ANNUAL
    Inclusiveness surveys/focus stakeholder PROCESS
    groups input

    Benchmark against
    Contextualize
    Sustainability Context 5 competitors and ONGOING
    performance
    industry averages

    Identify top
    Conduct
    10 ANNUAL
    Materiality materiality
    sustainability ASSESSMENT
    assessment
    issues

    Report all 100% EACH


    Completeness identified material completeness REPORTING
    aspects in disclosures CYCLE
    Table 3:
    Reporting Guidelines and
    Documentation

    Guideline Implementation Target


    Guideline Implementation Target Timeline
    Component Strategy
    Component Strategy

    Structure
    Adopt GRI
    Reporting annual NEXT
    reporting
    Structure sustainability REPORT
    guidelines
    report

    Ensure 100%
    Document transparency
    Documentation ONGOING
    methodologies and
    reproducibility
    Table 4:
    Sector-Specific Reporting
    Using GRI Supplements

    Supplement Usage Purpose Timeline

    Technology
    Address e- Include 20
    Sector Next report
    waste, data sector-
    security specific
    disclosures
    Table 5:
    Content Index Development

    Index Development Functionality


    Timeline
    Feature Strategy Goal

    Create a Achieve 100% Next


    Content Index comprehens navigational report
    ive index for ease
    the report
    Table 6:
    Performance Metrics Tracking

    Metric Baseline Target Timeline

    Reduce by
    Current
    Carbon Emissions 15% over 3 3 YEARS
    emissions rate
    years

    Current Improve by
    Energy Efficiency efficiency in data 20% by BY 2025
    centers 2025

    Achieve
    Workforce Current diversity 40%
    BY 2024
    Diversity rate diversity by
    2024
    Liked what you
    read?
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