01 Jul '11, 12pm

GRI Launches Next-Gen CSR Reporting Efforts with Top-Level Partners

Sustainability reporting is a relatively new phenomenon in the business world, but has already shown itself to be a constantly evolving practice being undertaken by thousands of companies across sectors and continents. The Global Reporting Initiative -- creators of the world's most widely-used reporting framework for tracking and reporting non-financial performance -- is hoping its next iteration will help more organizations to report on their sustainability performance. Ten companies have been brought on-board to launch The Global G4 Consortium to guide development of the GRI's G4 framework, due for release in 2013. Consortium members Alcoa, Enel, GE, Goldman Sachs, Natura and Shell will advise the GRI during the next two years, along with the Big Four accounting firms Deloitte, Ernst & Young, KPMG and PriceWaterhouseCoopers, the nonprofit announced this week. "We might i...

Full article: http://www.greenbiz.com/news/2011/07/01/gri-launches-next...

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