The Global Reporting Initiative (GRI), the provider of some of the most widely used sustainability reporting standards around the world, has called for strengthened financial reporting that complements sustainability reporting and takes account of the financial risks and opportunities related to a company’s sustainability impacts – with mandatory disclosure to ensure transparency on corporate contributions to global challenges.
The proposals are included in GRI’s response to the International Financial Reporting Standards (IFRS) Foundation consultation on its potential role in sustainability reporting standards.
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