Corporate Sustainability Reporting

 


GRI and the IRIS initiative have created Linking GRI and IRIS to help impact investors aggregate and compare standardized performance information across their portfolios in order to align disclosure efforts and ease the reporting burden for organizations that use the IRIS catalog of metrics and the GRI Sustainability Reporting Guidelines.  This document shows how the GRI G4 Sustainability Reporting Guidelines (G4 Guidelines) and the IRIS 3.0 catalog of metrics (IRIS metrics) are linked, improving the consistency and comparability of sustainability data, and making corporate reporting more efficient and effective. 


 

The Global Reporting Initiative (GRI) G4 Sustainability Reporting Guidelines enable companies and organizations to report on their economic, environmental and social performance impacts, as well as their governance approach. The G4 Guidelines contain Reporting Principles and Standard Disclosures. GRI’s Reporting Principles are the criteria that should be used to guide the organization’s choices in order to achieve effective GRI reporting. The Standard Disclosures are the GRI “questions” the organization answers in its report. 

The GRI Guidelines are the global de facto standard for sustainability reporting and are used by thousands of companies around the globe. Using IRIS metrics in conjunction with the GRI Guidelines allows impact investors to compare performance information across their portfolios with an increased variety of sectors, align disclosure efforts for a diversity of stakeholders, and reduce the reporting burden for organizations that use IRIS metrics and the GRI G4 Sustainability Reporting Guidelines while increasing the quality and consistency of information reported. Additionally, using IRIS metrics as part of a GRI report informs a broader range of stakeholders beyond impact investors.

Any information generated by using IRIS metrics can form part of a sustainability report based on the GRI Guidelines. In this way, when used together, IRIS metrics and the GRI Guidelines offer a complementary reporting system:

  • The GRI Guidelines define standard disclosures that elicit information on sustainability impacts and performance. They also offer a set of reporting principles that guide choices on what to report (i.e., on which topics), and ensure the quality of information reported
  • The IRIS catalog offers a set of metrics which standardize the underlying data reported

The list of metrics below shows how the GRI G4 Sustainability Reporting Guidelines (G4 Guidelines) and the IRIS 3.0 catalog of metrics are linked. The white paper, Linking GRI and IRIS, is available for download here, and provides background information and guidance on the use of IRIS metrics in the preparation of a sustainability report based on the GRI G4 Sustainability Reporting Guidelines.

As with all IRIS metrics, it is important to state that interpretation of these metrics must also take into account other aspects of a company's context, and changes over time. Stand alone numbers cannot by themselves indicate positive or negative performance, or necessarily be compared across companies or products.

GRI G4 Sustainability Reporting Guidelines - General Standard Disclosures

GRI G4 Sustainability Reporting Guidelines - Specific Standard Disclosures: Economic

GRI G4 Sustainability Reporting Guidelines - Specific Standard Disclosures: Environmental

GRI G4 Sustainability Reporting Guidelines - Specific Standard Disclosures: Social (Labor Practices and Decent Work)

GRI G4 Sustainability Reporting Guidelines - Specific Standard Disclosures: Social (Human Rights)

GRI G4 Sustainability Reporting Guidelines - Specific Standard Disclosures: Social (Society)

GRI G4 Sustainability Reporting Guidelines - Specific Standard Disclosures: Social (Product Responsibility)