The Global Reporting Initiative (GRI) and the Organisation for Co-operation and Development (OECD) have joined forces to increase coherence and consistency in applying sustainability reporting instruments.
The GRI and the OECD aim to encourage companies to use both the OECD Guidelines for Multinational Enterprises and the GRI Sustainability Reporting Framework. The organisations will also work to make use of the synergy between the two instruments and strengthen co-operation in other common areas of mutual interest.
The OECD Guidelines for Multinational Enterprises are a corporate responsibility instrument and cover all major areas of business ethics addressed to multinational enterprises operating in 42 countries.
The GRI Sustainability Reporting Framework enables large and small companies, non-profit organisations and government bodies to assess their sustainability and disclose the results.