GRI is a network-based organization that has pioneered the development of the world's most widely used sustainability reporting framework 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 participants drawn globally from business, civil society, labor, and professional institutions.
The GRI G4framework sets out the principles and indicators that organizations can use to measure and report their economic, environmental, and social performance. The cornerstone of the framework is the Sustainability Reporting Guidelines. The fifth version of the Guidelines are known as the GRI G4 Guidelines - was released in May 2013, and is a free public good www.globalreporting.org .
Value of GRI Reports
Sustainability reports based on the GRI framework can be used to benchmark organizational performance with respect to laws, norms, codes, performance standards and voluntary initiatives; demonstrate organizational commitment to sustainable development; and compare organizational performance over time.
GRI promotes and develops this standardized approach to reporting to stimulate demand for sustainability information, which will benefit reporting organizations and those who use report information alike
Insight Associates has a decade long association with GRI and has been one of the exclusive Training Partners for India, certified GRI for 2009-2017.
We deeply engage with clients who want to be assisted actively with the entire reporting process, and we enable their Sustainability team to go through the reporting process from start to finish. This engagement helps clients to explore, along with us, the strategic potential of sustainability reporting.
We also guide the clients to actually write the report/get it written, get external assurance from third party auditors, if desired, and apply for GRI Service check.
About Sustainability Reporting
- Tomorrow's company is a sustainable company not one but three bottom lines: Economic, Social and Environmental.
- Sustainable performance is performance across three pillars: people, planet and profits.
- The core values that drive sustainable performance are: accountability, transparency and inclusiveness.
- Sustainability Reporting helps you communicate the organization’s sustainable performance to the stakeholders and demonstrates the organization's commitment to the three core values.
- It's not the report which is most important; it is the process of "reporting" which is a journey of learning and strategy in itself.
Why should organizations do the Sustainability Reporting?
- We use the GRI (Global Reporting Initiative) G4 framework and GRI SRS (Sustainability Reporting Standards) which is the most comprehensive global framework for Sustainability Reporting.
- We have a decade long association with GRI and have been a certified Training Partner of GRI in India for from 2009 through 2017.
- Most forward-looking organizations across the globe, including India, have either adopted the GRI framework or are in the process of adopting it.
- Sustainability Reporting is voluntary as of now and is in the process of being mainstreamed in investor decisions.
- For a Tomorrow’s Company, Sustainability Reporting is a norm today!
- Globally, research has shown, Sustainability Reporting leads to proven, strategic payoffs when GRI framework is adopted and a well-designed ‘reporting process’ is implemented with total commitment.
