GRI stands for the Global Reporting Initiative – a leading international organization that provides one of the most widely used frameworks for sustainability reporting.

⭐ What is GRI?

• GRI is a non-profit organization founded in 1997.
• It developed the GRI Standards, which are globally recognized guidelines that help companies report on their Environmental, Social, and Governance (ESG) performance and impacts.
• The GRI Standards are designed to ensure transparency, comparability, and accountability across different organizations and industries.

📌 Purpose of GRI Standards:

• To help organizations disclose their ESG performance in a structured and credible way.
• To provide stakeholders (investors, customers, regulators, communities) with reliable information on a company’s sustainability practices.
• To promote sustainable development by encouraging businesses to identify and manage their social and environmental impacts.