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Chapter 5: International Corporate Gover... > A Common Framework for Sustainabilit...

A Common Framework for Sustainability Reporting

The Global Reporting Initiative (GRI) has made vast progress in enlisting companies and institutions to report in a consistent manner on their impact on society.

Its vision is that reporting on economic, environmental, and social performance by all organizations should become as routine and comparable as financial reporting. GRI accomplishes this vision by developing, continually improving, and building capacity around the use of its Sustainability Reporting Framework. It describes itself as: “An international network of thousands from business, civil society, labor, and professional institutions to create the content of the Reporting Framework in a consensus-seeking process.”

Trucost, an independent organization founded in 2000, is an environmental research organization working with companies, investors, and government agencies to understand the impacts companies have on the environment.


  

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