What GRI G4’s value-chain assessment means to your company: The biggest change in the Global Reporting Initiativ...

What GRI G4’s value-chain assessment means to your company |

greenbiz.com 02 Oct '12, 12pm

What GRI G4’s value-chain assessment means to your company: The biggest change in the Global Reporting Initiativ...

As the Global Reporting Initiative finalizes the G4 Reporting Guidelines later this year, companies are anxious to understand the implications for their organizations. The proposed guidelines will most likely force increased transparency around specific topics like governance practices and pay, but the biggest transformation will come from the changing emphasis on the report’s boundary. Currently, the G3.1 standard allows the company to determine the boundary of the report—which more often than not equates to the material issues impacted by the company’s owned and operated facilities. The G4 standard requires a broader look by asking companies to conduct a value-chain assessment to understand where their biggest impacts occur both upstream and downstream—regardless of whether or not those impacts are within their control. How is a value-chain assessment conducted? Value-ch...

Full article: http://www.greenbiz.com/blog/2012/10/02/meaning-gri-g4-va...

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