The Global Reporting Initiative (GRI) has released for consultation a draft version of its ‘third generation’ (G3) guidelines on sustainability reporting

The GRI guidelines, first launched in 2000, are a globally applicable set of standards designed to help companies report on their social, environmental and economic impacts in a standardised manner. They are used by more than 750 companies, according to the GRI.

The new guidelines, which can be found on a dedicated website, update the existing version drawn up in 2002. Their release follows a year of stakeholder consultation by the GRI and they incorporate a number of new features.

The GRI grew out of a joint initiative between the UN Environment Programme and the Coalition for Environmentally Responsible Economics. The organisation became independent in 2002.

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