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Navigating Sustainability Reporting: GRI vs. ESRS
18.09.2024
Sustainability reporting has evolved into a critical aspect of corporate governance, with stakeholders increasingly demanding transparency and accountability on environmental, social, and governance (ESG) issues. Two key frameworks dominate the landscape: the Global Reporting Initiative (GRI) and the newly introduced by European Union European Sustainability Reporting Standards (ESRS). Understanding the distinctions and overlaps between these standards is essential for organizations aiming to meet regulatory requirements and stakeholder expectations, especially when operating or having business relations across national borders. This article will help you decide which framework is more appropriate for your organization and provide practical insights into the integration and application of these standards.
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