Measuring economic, environmental, and social performance.
What is the Global Reporting Initiative?
The Global Reporting Initiative (GRI), created in 1997, is an international network of members focused on the development and promulgation of appropriate “principles and indicators that organizations can use to measure and report their economic, environmental, and social performance.” The GRI encompasses some 30,000 members from business and non-governmental organizations. More than 70 percent of reporting companies and organizations worldwide use the GRI’s framework to report on their sustainability efforts, leveraging the GRI Reporting Framework’s guidelines to define reports (including crucial issues such as materiality and context), ensure report quality, and set report boundaries.
DTTL and its member firms have been involved with the GRI since its inception and is an Organizational Stakeholder in this worldwide effort. Several Deloitte member firms have jointly offered sustainability training in conjunction with GRI trainers, and Deloitte member firm teams have performed a number of engagements globally assisting organizations with GRI-based reporting.
On 26-28 May 2010, Deloitte member firm partners from Canada, Chile, Denmark, France, Netherlands, the United Kingdom, and the United States attended the biennial conference of the GRI in Amsterdam. The GRI conference attracted around 1,000 participants from all over the world, including financial executives, regulators, professional services providers, NGOs, and other stakeholders.