What is the fundamental difference between GRI Universal Standards and Topic-specific Standards?

The fundamental difference between GRI Universal Standards and Topic-specific Standards lies in their scope and application. Universal Standards are designed to provide a foundation applicable to all organizations, regardless of their size, sector, or location. They establish the basic principles and requirements for sustainability reporting that all organizations must adhere to, which ensures a standardized approach to reporting across diverse sectors.

On the other hand, Topic-specific Standards focus on particular sustainability issues, such as water usage, labor practices, or human rights. These standards allow organizations to dive deeper into specific areas of their operations and impacts, guiding them in reporting on these specific topics in a more detailed and relevant manner.

This distinction enables a comprehensive reporting framework where all organizations can meet a common baseline with Universal Standards, while also addressing particular sustainability challenges pertinent to their activities through Topic-specific Standards. This structure ensures that both broad and detailed reporting needs are met, enhancing the overall effectiveness and relevance of sustainability disclosures.