by Daniel Milroy Maher

The Association of Chartered Certified Accountants (ACCA) has praised the fourth generation of sustainability reporting guidelines (G4) launched by the Global Reporting Initiative (GRI) during its Global Sustainability Conference held in Amsterdam last month.

GRI’s G4 sustainability framework enables all companies and organisations to report on their economic, environmental, social and governance (ESG) performance.

ACCA executive brand director Neil Stevenson said the guidelines focus on "what matters and what is material" and that they will benefit stakeholders, particularly investors.

"Organisations that want to enhance and improve accountability for stakeholders and investors will benefit by using the G4 guidelines and embracing the principles of Integrated Reporting," Stevenson said.

Stevenson emphasized that in the current economic climate, accountability and transparency are "an imperative" for all companies.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

"All major entities in the public and private sectors should report publicly on the effect of their activities on the environment and societies in which they operate, along with reporting on their policies and how these have been translated into practice," Stevenson remarked.

Related article
GRI launches G4 guidelines

Related links
Global Reporting Initiative