The Global Reporting Initiative (GRI) promotes the use of sustainability reporting as a way for organizations to become more sustainable and contribute to sustainable development. GRI’s Sustainability Reporting Framework is a reporting system that enables all companies and organizations to measure, understand and communicate this information. GRI's mission is to make sustainability reporting standard practice; one which helps to promote and manage change towards a sustainable global economy.
The GRI Sustainability Reporting Guidelines enable companies and organizations to report their economic, environmental, social and governance performance. GRI is an international, not-for-profit, network-based organization. Its activity involves thousands of professionals and organizations from many sectors, constituencies and regions.
GRI and the IRIS initiative 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.
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 for an increased variety of sectors, align disclosure efforts for diversity of stakeholders, and it reduces 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 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 metrics framework tab 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 in the documents tab, 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.