Which of the following is a benefit of using GRI Standards for an organization?

Using GRI Standards enhances transparency and accountability in sustainability reporting because these guidelines provide a structured framework that organizations can follow to disclose their environmental, social, and governance (ESG) impacts comprehensively. By adhering to GRI Standards, companies can produce reports that are consistent, comparable, and credible, allowing stakeholders—such as investors, customers, and the public—to understand how the organization is performing in terms of sustainability.

This transparency is crucial as it builds trust with stakeholders and demonstrates the company's commitment to responsible business practices. Furthermore, accountability is fostered since organizations that report according to GRI Standards are expected to provide data and information that can be verified and assessed against their stated sustainability goals. This process not only supports informed decision-making by stakeholders but also helps organizations identify areas for improvement in their sustainability practices.

The other options, while related to business outcomes, do not specifically capture the primary benefits associated with GRI Standards. Enhancements in product quality, operational efficiency, and shareholder value may result from better sustainability practices, but they are not the core purpose of the GRI Standards. The primary focus of these standards is on fostering transparent reporting that holds organizations accountable for their impacts on society and the environment.