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GRI - Findings reveal GRI reporting enhances corporate social performance
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class="share-buttons__all"> <a target="_blank" href="https://www.linkedin.com/sharing/share-offsite/?url=https://www.globalreporting.org/news/news-center/findings-reveal-gri-reporting-enhances-corporate-social-performance/" class="btn-square"> <i class="icon-linkedin"></i> </a> <a target="_blank" href="https://twitter.com/intent/tweet?text=Findings reveal GRI reporting enhances corporate social performance &url=https://www.globalreporting.org/news/news-center/findings-reveal-gri-reporting-enhances-corporate-social-performance/" class="btn-square"> <i class="icon-twitter"></i> </a> <a href="/cdn-cgi/l/email-protection#46792429223f7b2e323236357c696931313168212a2924272a3423362934322f282168293421692823313569282331356b25232832233469202f28222f2821356b34233023272a6b21342f6b3423362934322f28216b23282e27282523356b2529343629342732236b3529252f272a6b3623342029342b2728252369" class="btn-square"> <i class="icon-next"></i> </a> </div> <button class="btn-square share-buttons__toggle"> <i class="fas fa-share-alt"></i> </button> </div> <div class="content__header"> <h1>Findings reveal GRI reporting enhances corporate social performance </h1> <p><strong>Published date:</strong> 24 September 2024</p> </div> <div class="content__img-narrow"> <img src="/media/elkhidur/istock-820734056.jpg" alt="" /> <p></p> </div> <div class="content__text"> <h3>GRI and the World Benchmarking Alliance published analysis on the role of corporate reporting in achieving social sustainability outcomes </h3> <!DOCTYPE html> <html> <head> </head> <body> <p><span>There is a direct</span> <span>correlation between the </span><span data-contrast="auto">proper </span><span>utilization of the GRI Standards and a stronger corporate social performance. This is what emerges from </span><a href="/media/s3shiaya/wba_gri_joint-report_september-2024.pdf"><strong><em><span data-contrast="none">How to strengthen corporate accountability: The case for unlocking sustainable corporate performance through mandatory corporate reporting</span></em></strong></a><span>, jointly published by GRI and World Benchmarking Alliance (WBA). </span> </p> <p><span data-contrast="auto">At the halfway point to achieving the SDGs, many targets remain off track</span><span>. </span><span data-contrast="auto">According to the new report, </span><span data-contrast="auto">g</span><span>overnments must lead business engagement and ensure corporate efforts have a real impact on sustainable development, a process for which clear benchmarking is pivotal. </span> </p> <p>The publication explores the link between the use of the GRI Standards and companies' social performance, as measured by WBA's Core Social Indicators (CSIs). These indicators are part of a benchmarking system (WBA's Social Benchmark) ranking 2,000 of the most influential companies based on their contributions to social sustainability, with a focus on human rights, decent work, and ethical practices.</p> <p><span class="NormalTextRun SCXW95754302 BCX0">The research indicates</span><span class="TextRun SCXW95754302 BCX0" data-contrast="auto"><span class="NormalTextRun SCXW95754302 BCX0"> that strong adherence to globally recognized reporting standards can be linked to improved social sustainability outcomes</span></span><span class="NormalTextRun SCXW95754302 BCX0">. The findings include:</span> </p> <ul> <li data-leveltext="" data-font="Symbol" data-listid="3" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" aria-setsize="-1" data-aria-posinset="1" data-aria-level="1"><span>There is clear evidence that companies that publish a sustainability report with a GRI Content Index achieve significantly better results in CSIs, scoring at least 47% higher than other companies in WBA’s Social Benchmark;</span> </li> </ul> <ul> <li data-leveltext="" data-font="Symbol" data-listid="3" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" aria-setsize="-1" data-aria-posinset="2" data-aria-level="1"><span>Organizations that report </span><em><span>in accordance</span></em><span> with the GRI Standards consistently outperform those that only </span><em><span data-contrast="auto">with reference</span></em><span> to the Standards;</span> </li> <li data-leveltext="" data-font="Symbol" data-listid="3" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" aria-setsize="-1" data-aria-posinset="3" data-aria-level="1"><span>Companies with the highest CSI scores correlate with those that follow the GRI Standards for reporting. </span> </li> </ul> <script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script></body> </html> </div> <div class="content__quote"> <p>Governments are responsible for accelerating progress toward the SDGs, yet they need deeper business cooperation to succeed. The core issue is the lack of enforcement mechanisms to hold companies accountable for their role in collective sustainability goals. Mandatory sustainability reporting, coupled with clear evidence of its genuine impact, would not only ensure corporate transparency, but also attract greater institutional attention and investment in sustainable outcomes.</p> <span>Peter Paul van de Wijs, GRI Chief Policy Officer </span> </div> <div class="content__quote"> <p>This report clearly shows that corporate reporting on sustainability not only enhances transparency, but more importantly appears to drive better corporate decision-making, leading to improved corporate sustainable performance. This positive impact of transparency on performance should guide governments to further examine measures such as mandatory reporting rules to drive accountability and help align corporate actions with global sustainability goals.</p> <span>Richard Gardiner, Head of EU Policy at World Benchmarking Alliance</span> </div> <div class="content__text"> <!DOCTYPE html> <html> <head> </head> <body> <p><span class="NormalTextRun SCXW244236693 BCX0">The publication was officially launched during the event </span><em><a rel="noopener" href="/?id=MGc2aegqeUun1f_kC8N1mz_cniUQh6dJnyPaJstyedlUQ0czSTZDMDRHRzdNVkJOV0ZOMFdZSEFINS4u?id=MGc2aegqeUun1f_kC8N1mz_cniUQh6dJnyPaJstyedlUQ0czSTZDMDRHRzdNVkJOV0ZOMFdZSEFINS4u" target="_blank" class="Hyperlink SCXW244236693 BCX0" data-anchor="?id=MGc2aegqeUun1f_kC8N1mz_cniUQh6dJnyPaJstyedlUQ0czSTZDMDRHRzdNVkJOV0ZOMFdZSEFINS4u?id=MGc2aegqeUun1f_kC8N1mz_cniUQh6dJnyPaJstyedlUQ0czSTZDMDRHRzdNVkJOV0ZOMFdZSEFINS4u"><span class="TextRun Underlined SCXW244236693 BCX0" data-contrast="none"><span class="NormalTextRun SCXW244236693 BCX0" data-ccp-charstyle="Hyperlink">How to make the SDGs consequential for business</span></span></a></em><span class="NormalTextRun SCXW244236693 BCX0">,</span> part of <a href="/news/news-center/climate-week-nyc-2024-join-gri-s-push-for-enhanced-corporate-transparency/">GRI's engagement during Climate Week 2024</a>. </p> </body> </html> </div> </div> </div> <footer class="footer"> <div class="container"> <div class="row"> <div class="col col-12 col-md-2"> <div class="footer__icon"></div> </div> <div class="col col-12 col-md-6"> <ul class="footer__nav"> <li class="footer__nav-item"> <a href="/standards/">Standards</a> </li> <li class="footer__nav-item"> <a href="/how-to-use-the-gri-standards/">How to use the Standards</a> </li> <li class="footer__nav-item"> <a href="/reporting-support/">Reporter support</a> </li> <li class="footer__nav-item"> <a href="/news/news-center/">News</a> </li> <li class="footer__nav-item"> <a href="/news/events/">Events</a> </li> <li class="footer__nav-item"> <a href="/about-gri/">About GRI</a> </li> <li class="footer__nav-item"> <a href="/about-gri/work-at-gri/">Work at GRI</a> </li> <li class="footer__nav-item"> <a href="/about-gri/contact-us/">Contact us</a> </li> <li class="footer__nav-item"> <a href="/get-support/" target="_blank">Get support</a> </li> </ul> </div> <div class="col col-12 col-md-4"> <div class="footer__other"> <p></p> <a href="https://share-eu1.hsforms.com/19K0nF9ZgRwOgupIlCJAg8w2een44" class="btn btn--secondary m-b-md"> Sign up for GRI News <i class="fas fa-arrow-right"></i> </a> <p>Follow GRI on social</p> <div class="icon-social__container"> <a href="https://www.linkedin.com/company/global-reporting-initiative-gri" target="_blank"><i class="icon-social icon-social--linkedin"></i></a> <a href="https://medium.com/@GlobalReportingInitiative" target="_blank"><i class="icon-social icon-social--medium"></i></a> <a href="https://www.youtube.com/channel/UC0ETfBwgtVLYc8SHWaYjczg" target="_blank"><i class="icon-social icon-social--youtube"></i></a> </div> </div> </div> <div class="col col-12"> <div class="row footer__copy"> <div class="col col-md-2"></div> <div class="col col-12 col-md-10"> <span> <a href="/privacy-policy/" target="">Privacy policy</a> | <a href="/copyright/">Copyright</a> </span> <hr /> <span>©2025 Global Reporting Initiative, all rights reserved</span> </div> </div> </div> </div> </div> </footer> </div> <script src="/Scripts/jquery.validate.min.js" type="text/javascript"></script> <script src="/Scripts/jquery.validate.unobtrusive.min.js" type="text/javascript"></script> <script src="/Scripts/jquery.unobtrusive-ajax.js" type="text/javascript"></script> <script src="/js/jquery-validation-extensions.js" type="text/javascript"></script> <script src="/Client Scripts/mvcfoolproof.unobtrusive.min.js"></script> <script id="Cookiebot" src="https://consent.cookiebot.com/uc.js" data-cbid="367aa731-3c34-4c66-bb0b-e0ab08f1a566" data-blockingmode="auto" type="text/javascript"></script> <script src="/js/index.js?v=2.0.3" type="text/javascript"></script> <script> $(document).ready(function () { $('body').on('click', '.table__btn', function () { $('.modal').removeClass('modal--center'); var url = '/umbraco/Surface/ResourceCentre/PopupResource?id=' + $(this).attr('data-value'); $('.inner__modal').load(url); }); $('body').on('click', '.videopopup', function () { $('.modal').addClass('modal--center'); var url = '/umbraco/Surface/ResourceCentre/PopupResource?id=' + $(this).attr('data-value'); $('.inner__modal').load(url); }); }); var submit = 0; function CheckIsRepeat() { if (++submit > 1) { //alert('An attempt was made to submit this form more than once; this extra attempt will be ignored.'); return false; } } </script> <script src="/js/downloadusers.js" type="text/javascript"></script> <!-- Twitter universal website tag code --> <script> !function (e, t, n, s, u, a) { e.twq || (s = e.twq = function () { s.exe ? 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