Global Frameworks:
GRI: Global Reporting Initiative (GRI)
It is an international, multi-stakeholder and independent non-profit organization that promotes economic, environmental and social sustainability. The GRI Standards have been strengthened so they deliver the highest level of transparency for impacts on the economy, environment and people, with a major update to the very foundation of the world’s most widely used sustainability reporting standards, the Universal Standards, and the introduction of the first GRI Sector Standard.
SASB: Sustainability Accounting Standards Board
It is an independent non-profit, whose mission is to develop and disseminate sustainability accounting standards that help public corporations disclose material, decision-useful information to investors.
BRSR: Business Responsibility and. Sustainability Report
The BRSR is an initiative towards ensuring that investors have access to standardized disclosures on ESG parameters. Access to relevant and comparable information will enable investors to identify and assess sustainability-related risks and opportunities of companies and make better investment decisions.
TCFD: Task Force on Climate-Related Financial Disclosures
The TCFD has developed a framework to help public companies and other organizations more effectively disclose climate-related risks and opportunities through their existing reporting processes. Disclose the organization’s governance around climate-related risks and opportunities.
GRESB: Global Real Estate Sustainability Benchmark
GRESB is a mission-driven and investor-led organization that provides actionable and transparent Environmental, Social and Governance (ESG) data to financial markets. They collect, validate, score and benchmark ESG data to provide business intelligence, engagement tools, and regulatory reporting solutions.
CDP: Carbon Disclosure Project
CDP runs the global environmental disclosure system. It is a not-for-profit charity that runs the global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts. Over the past 20 years we have created a system that has resulted in unparalleled engagement on environmental issues worldwide. It measures and manages their risks and opportunities on climate change, water security and deforestation. It helps companies and cities disclose their environmental impact.
IR: Integrated Reporting
It is a process that results in communication, most visibly a periodic “integrated report”, about value creation over time. It is an important tool in improving the understanding of the relationship between financial and non-financial factors that determine a company’s performance and of how a company creates sustainable value in the longer term.
IFC: International Finance Corporation
The Sustainability Framework articulates IFC’s strategic commitment to sustainable development. It helps clients do business in a sustainable way. It promotes sound environmental and social practices, encourages transparency and accountability, and contributes to positive development impacts. Its Sustainability Framework consists of the Policy on Environmental and Social Sustainability, which defines IFC’s commitments to environmental and social sustainability. The Performance Standards, which define clients’ responsibilities for managing their environmental and social risks.
UN SDGs: Sustainable Developmental Goals
It was formed to ensure that all human beings can fulfill their potential in dignity and equality and in a healthy environment. The SDGs reflect a new understanding that today’s health and development challenges are increasingly complex, integrated and interlinked.
