The next version of Global Reporting Initiative’s (GRI) Sustainability Reporting Guidelines (G4) has been approved and is expected to be launched on 22 May.
According to GRI, the G4 guidelines, which will be launched at the GRI conference, are designed to "reflect important current and future trends in the sustainability reporting landscape" and will "encourage reporting organisations to provide only disclosures and indicators that are material to their business, on the basis of a dialogue with their stakeholders".
"Today, sustainability reporting is rapidly becoming the norm for large companies in many parts of the world. Some 95% of the world’s largest 250 companies now produce a sustainability report, and four out of five of these choose to use the GRI guidelines," GRI chief executive Ernst Ligteringen said.
"The launch of G4 represents an important contribution to the long term aim of achieving a globally accepted integrated reporting framework," added GRI chairman Herman Mulder.
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