Global Reporting Initiative (GRI)
The Global Reporting Initiative (GRI) has pioneered the development of the world’s most widely used Sustainability Reporting Framework, the cornerstone of which is the G3 Guidelines. These Guidelines set out the principles and indicators that organizations can use to measure and report their economic, environmental and social performance.
In addition to the universally applicable G3 Guidelines, GRI develops Sector Supplements, a tailored version of the G3 Guidelines which contains integrated commentary and new disclosure items specifically for a given sector. The Sustainability Reporting Framework is a free public good.
In addition to the G3 Guidelines Standard Disclosures, the GRI Mining & Metals Sector Supplement invites reporting on the aspects of sustainable development that characterize the mining and metals sector, such as biodiversity, indigenous rights, labor, community, artisanal and small-scale mining, resettlement, closure planning, and materials stewardship.
The Standard Disclosures of the G3 Guidelines include the following:
- Strategy & Analysis: a high level overview of the company’s relationship to sustainability, including a statement from senior management about short-, medium- and long-term issues and related impacts, risks, and opportunities
- Organizational Profile: e.g. products and services, size, ownership, etc.
- Governance: information on corporate governance structure
- Management Approach: The disclosure(s) on management approach should provide a brief overview of the organization’s management approach to the sustainability issues
- Performance Indicators: indicators that elicit comparable information on the economic, environmental, and social performance of the organization in the following areas:
- Labor practices
- Human rights
- Product responsibility