Dow Jones Sustainability Index<\/a> use the GRI Guidelines, and 60% of the S&P 100. The push to get all businesses onboard will be helped by the G3\u2019s consolidated indicators, which have been refined and reduced to simplify reporting. <\/span><\/span><\/span><\/p>\nEspecially useful for investors and analysts is the new high level Strategy and Analysis<\/span><\/em> section, which discloses the approach to sustainability management, and the Disclosure on Management Approach<\/span><\/em>, which shows how policies, procedures and goals affect issue management and performance. Further enhancing transparency, G3 reporters declare their application levels, showing how much of the reporting framework they have used. <\/span><\/span><\/span><\/p>\nHarmonization with the UN Global Compact means that UNGC Communication on Progress<\/span><\/em> can now take the form of a G3 report. G3 reports also satisfy the UNGC disclosure requests on Commitment<\/span><\/em>, Systems<\/span><\/em>, Action<\/span><\/em> and Performance<\/span><\/em>. <\/span><\/span><\/span><\/p>\nGRI Chief Executive, Ernst Ligteringen, says that sustainability reporting on economic, environmental, and social performance must become as routine and comparable as financial reporting. \u201cThe G3 Guidelines were hewn from the practical experience of companies that pioneered reporting, and from the needs of their report users \u2013 including investors, consumers, civil society, and employees. The Guidelines are trusted, credible, and relevant because of the way they were created\u201d, Ligteringen says. <\/span><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"The \u201cGlobal Reporting Initiative\u201d is a large multi-stakeholder network of thousands of experts, in dozens of countries worldwide, who participate in GRI\u2019s working groups and governance bodies, use the GRI Guidelines to report, access information in GRI-based reports, or contribute to develop the Reporting Framework in other ways \u2013 both formally and informally. 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Earlier this…","_links":{"self":[{"href":"https:\/\/inspiredeconomist.com\/wp-json\/wp\/v2\/posts\/505"}],"collection":[{"href":"https:\/\/inspiredeconomist.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/inspiredeconomist.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/inspiredeconomist.com\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/inspiredeconomist.com\/wp-json\/wp\/v2\/comments?post=505"}],"version-history":[{"count":0,"href":"https:\/\/inspiredeconomist.com\/wp-json\/wp\/v2\/posts\/505\/revisions"}],"wp:attachment":[{"href":"https:\/\/inspiredeconomist.com\/wp-json\/wp\/v2\/media?parent=505"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/inspiredeconomist.com\/wp-json\/wp\/v2\/categories?post=505"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/inspiredeconomist.com\/wp-json\/wp\/v2\/tags?post=505"},{"taxonomy":"adace-sponsor","embeddable":true,"href":"https:\/\/inspiredeconomist.com\/wp-json\/wp\/v2\/adace-sponsor?post=505"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}