How does GRI define "sustainable development"?

The correct answer highlights a fundamental aspect of sustainable development as defined by the Global Reporting Initiative (GRI). This definition emphasizes the importance of fulfilling the needs of the current generation while ensuring that future generations can also meet their own needs.

This concept reflects a holistic approach that balances economic growth, social equity, and environmental protection. By focusing on the interdependence of these three pillars, the GRI encourages organizations to adopt strategies that do not deplete resources or harm the environment, thus allowing for ongoing development over time.

In contrast, focusing solely on economic benefits or environmental protection without considering social aspects would not align with the comprehensive vision of sustainable development. Likewise, prioritizing short-term gains undermines the very principles of sustainability, which seek to establish a stable and equitable framework for long-term growth and well-being.