What is the intent of GRI standards for organizations?

The intent of GRI standards for organizations is to provide a comprehensive framework for responsible reporting on sustainability data. This framework enables organizations to measure and communicate their economic, environmental, and social impacts, thereby promoting transparency and accountability. By following GRI standards, organizations can effectively disclose their sustainability performance and engage stakeholders in a meaningful way, fostering trust and encouraging continuous improvement in sustainability practices.

This approach encourages organizations to consider their broader implications on society and the environment rather than limiting themselves to narrow financial reporting. It reflects the growing expectation from stakeholders for more holistic, inclusive assessments of organizational performance, particularly in relation to sustainability issues.