CIMA BA4 Syllabus B. CORPORATE GOVERNANCE - Global Reporting Initiative - Notes
GRI
What is the GRI?
GRI is an international independent organisation that helps businesses and other organisations understand and communicate the impact of business on critical sustainability issues such as climate change, corruption and many others.
GRI has produced the G4 Sustainability Reporting Guidelines.
The Guidelines set out economic, environmental and social categories.
Economic Category
This category covers 4 aspects
Economic performance
Market presence
Indirect economic impacts
Procurement practices
Environmental Category
This category covers 12 aspects.
Materials
Energy
Water
Biodiversity
Emissions
Effluents and waste
Products and services
Compliance
Transport
Overall
Supplier environmental assessment
Environmental grievance mechanisms
Social Category
This has 4 sub-categories, which then cover many more aspects.
The 4 sub-categories are:
Labour Practices and Decent Work
Human Rights
Society
Product Responsibility