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GRI Waste Standard will be updated – focusing on more targeting sustainability reporting on waste-related aspects

The GSSB (Global Sustainability Standards Board) that operates under the auspices of GRI (Global Reporting Initiative) is currently overseeing a project to review and update the content of GRI Waste disclosures related to GRI sustainability reports in the current GRI Standard 306: Effluents and Waste. Achieve best-practice disclosure of waste-related activities The main target of…

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Nachhaltigkeitsberichterstattung – Trends und Entwicklungen

Das WBCSD (World Business Council of Sustainable Development) hat Ende Oktober den Bericht seiner Studie „Reporting Matters 2018“ veröffentlicht. Basierend auf einen Fragebogen, den das WBCSD zusammen mit dem Beratungsunternehmen Radley Yedar ausgesendet hat, wurden insgesamt 158 Unternehmen im Hinblick auf deren Nachhaltigkeitsberichterstattungsperformance bewertet. Die daraus resultierenden Ergebnisse ermöglichten den Institutionen eine Analyse von Trends…

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The adequate integration of the Sustainable Development Goals into sustainability reporting

In early August, the initiatives GRI (Global Reporting Initiative) and UNGC (United Nations Global Compact), with the support of Shift and PWC, published a practical guide in order to support companies in targeting their impact on the SDGs (Sustainable Development Goals), to measure and to integrate it more adequately into the corporate (sustainability) reporting. Sustainability…

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Überblick zur deutschen Umsetzung der CSR-Berichtspflicht

Im März 2017 verabschiedete der Deutsche Bundestag das Gesetz zur Stärkung der nicht-finanziellen Berichterstattung von Unternehmen (CSR-Berichtspflicht). Das Gesetz, das die Umsetzung der EU-Richtlinie 2014/95/EU darstellt, heißt offiziell „Gesetz zur Stärkung der nichtfinanziellen Berichterstattung der Unternehmen in ihren Lage- und Konzernlageberichten“ (offizieller Gesetzestext). Ziel des Gesetzes ist es, die Transparenz der Unternehmen bezüglich sozialer und…

picture of nenuphars in lake illustrating the article about CSR Report duty

CSR-Berichtspflicht / Germany CSR reporting law overview

In March 2017, the German Bundestag passed the law to strengthen companies’ non-financial disclosure in their management reports and group management reports. The CSR reporting law, which is the implementation of the EU Directive 2014/95/EU (non-financial reporting), is called „Gesetz zur Stärkung der nichtfinanziellen Berichterstattung der Unternehmen in ihren Lage- und Konzernlageberichten“ (see the official…

GRI Standards Introduction

  The GRI Standards are a standard organizations can use to structure a sustainability report, to define Key Performance Indicators they wish to follow in terms of sustainibility. GRI official definition is the following: “GRI is an international independent organization that helps businesses, governments and other organizations understand and communicate the impact of business on…

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GRI Standards: streamline your internal reporting and strategy

What are the GRI Standards? The GRI Standards are a set of internationally recognized CSR standards to report on sustainability topics. Usually, organizations use them to structure their sustainability/CSR a report. Such report is a tool used to disclose information to stakeholders, e.g. parties impacted by the organizations’ activities. Organizations report their commitments, their actions…

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TCFD: recommendations on climate related financial disclosures now available!

The Task Force on Climate-related Financial Disclosures (TCFD) is developing voluntary, consistent climate-related financial risk disclosures for use by companies in providing information to investors, lenders, insurers, and other stakeholders. TCFD’s 32 members include both users and preparers of disclosures from across the G20’s constituency covering a broad range of economic sectors and financial markets.…