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Answer:
All answers are correct. The Global Reporting Initiative is a framework that sets out the principles and indicators for organizations to measure and report their economic, environmental, and social performance; It’s an initiative to lead multinational enterprises to report globally; and it’s a framework to help national firms to report globally to gain international investors.
The Global Reporting Initiative is a global organization, which aims to set reporting standards for companies, regarding sustainable development. Â
The innovative character of GRI is based on three principles. First, the standards are developed collaboratively, through the cooperation of a diverse range of actors, who normally would not have considered themselves members of the same network. Second, GRI is designed as a self-regenerating system, a design that is designed to ensure adaptability. Finally, the system is based on an organizational structure that acts as guarantor of the standards, that are designed as a public good.
The Global Reporting Initiative includes all the following options, so we can say that all answers are correct.
What is Global Reporting Initiative?
The Global Reporting Initiative is a non-profit worldwide standards agency that assists corporations, governments, and other institutions in understanding and communicating their impacts on topics such as:
- Climate change,
- Human rights, and
- Corruption.
They assist corporations and other organizations in accepting responsibility for their impacts by offering a global standard language in which to express such impacts.
Learn more about Global Reporting Initiative here:
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