• Register
Return to: Home > News > Regulation > GRI launches G4 guidelines

GRI launches G4 guidelines

The Global Reporting Initiative (GRI) has launched the fourth generation (G4) of its sustainability reporting guidelines.

The launch of G4, a sustainability framework widely used worldwide, took place at the GRI's 2013 Global Sustainability Conference today. G4 has been revised and enhanced in order to reflect important current and future trends in the sustainability reporting landscape. It enables all companies and organisations to report on their economic, environmental, social and governance (ESG) performance.

G4 places greater emphasis on the concept of materiality to encourage reporters to provide only disclosures and indicators that are material to their business, on the basis of a dialogue with their stakeholders.

GRI said these improvements will allow reporting organisations and report users alike to concentrate on the economic, environmental, and social impacts that "really matter" and should result in reports that are more strategic, focused and credible, as well as "easier for stakeholders to navigate".

In addition to enhancing the relevance and quality of standalone sustainability reports, the GRI hopes the G4 will be a "powerful tool for generating material sustainability information for inclusion in integrated reports".

Other key enhancements include: increased user-friendliness and greater accessibility for reporting beginners, harmonisation with other important global frameworks including, the OECD MNE Guidelines, the United Nations Global Compact Principles, and the UN Guiding Principles on Business and Human Rights.

"In today's world, the increasing demand for sustainability information is inevitable. Increasingly governments, stock exchanges, investors, and society at large are calling on companies to be transparent about their sustainability goals and performance. But this demand is also a demand for sustainability related information that matters. This is what G4 is about," GRI deputy chief executive Nelmara Arbex explained.

"The robust sustainability report of today must be far more than a compliance exercise. It is a tool for demonstrating the effort reporters have made in integrating sustainability into their core business strategy, with benefits for business and society alike. By reporting based on G4, organisations can identify critical risks and main opportunities, which will spark operational improvement and innovation, focused on what really matters."

G4 is the culmination of two years of stakeholder consultation and dialogue. GRI worked with 120 specialists such as field experts, labour, business and civil society from around the world and launched two public consultations one in 2011 and 2012, which generated a total of more than 2,500 responses.

Related article
GRI to unveil G4 guidelines in May

Related link
Global Reporting Initiative

Top Content

    ARGA team, assemble!

    The new top team has been named that will see in root-and-branch reform at the Financial Reporting Council (FRC) as it transforms into the Audit, Reporting and Governance Authority (ARGA). Will the new duo be as dynamic as some are hoping? Robin Amlôt reports.

    read more

    FASB: a quest for simpler standards

    FASB chair Russell Golden addressed the IMA 2019 Annual Conference and Expo at the Sheraton San Diego Hotel and Marina, California, on 18 June. IMA immediate former chair-emeritus Alex Eng acted as moderator. Joe Pickard reports.

    read more

    The future of audit, and how to get there

    Two recent reports peer into the future of the audit profession. One analyses what an audit should offer, while the other looks at how the audit process will be carried out. Robin Amlôt takes a closer look at both.

    read more

    EFAA elects new president, focuses on digital future

    EFAA’s new president, Salvador Marin, outlined his key priorities for the next two years at the organisation’s 2019 annual general meeting, while outgoing president Bodo Richardt offered advice. Robin Amlôt reports.

    read more


    As the Coronavirus (COVID-19) continues to spread across the world, the International Accounting Bulletin and The Accountant will be collating all the latest news and updates from the profession on the pandemic’s impact.

    read more
Privacy Policy

We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.