How do we ensure better and more consistent corporate sustainability reporting? The growing demand of stakeholders for transparency has prompted the Global Reporting Initiative (GRI) to issue amended Universal Standards from 2023. What you now have to pay attention to in sustainability management and in the reporting process, we clarify in this öbu-online.
The main objectives of the revision are:
- Promote more relevant and complete reporting
- Greater clarity on GRI concepts, reporting principles and disclosures
- Improve the usability of the GRI Standards
- Promote consistent application
- Integration of human rights disclosures
- Integrate due diligence reporting
- Clarifying approaches to the application of and compliance with the GRI Standards
What does this mean for your sustainability reporting in 2022?
We are pleased to have our two experts Sarah Jensen and Sibylle Umiker give an overview of the most important changes in reporting according to the GRI – especially the materiality analysis and the higher compliance requirements. We point out similarities between the updated GRI requirements and regulatory developments, in particular the new due diligence and reporting obligations in Switzerland (implementation of the counter-proposal to the Corporate Responsibility Initiative) as well as the Corporate and Sustainability Reporting Directive (CSRD) in the EU.
The contribution to the öbu online event is part of our event programme to celebrate our 20th anniversary and to thank our clients and partners for the privilege of working with them over the last two decades.
For more information and to register free of charge for the lunchtime event (only in German), click here.