In today’s globalized business environment, transparency and sustainability reporting have become cornerstones for building trust and demonstrating corporate responsibility. The Global Reporting Initiative (GRI) stands at the forefront of this movement, providing a comprehensive framework for organizations to communicate their impact on critical sustainability issues.

GRI guidelines are universally recognized for their rigor and comprehensiveness, enabling businesses to convey their sustainability endeavors in a structured and comparable manner. This discussion begins with an exploration of GRI 1 [1], the foundational piece that sets the stage for effective sustainability reporting. By adhering to GRI 1 principles, organizations commence their journey towards not only fulfilling their reporting obligations but also illustrating their dedication to sustainable development.

Principles For Defining Report Quality 

This Principles group acts as a guide for maintaining information quality in the sustainability report and presenting it effectively. Every decision taken during the report preparation process should align with these Principles. They are all crucial for attaining transparency. The importance of having high-quality information lies in providing the stakeholders with the ability to make informed and sensible evaluations of performance and to decide on the right course of action. 

Équilibre 

Principle: The report should display both the good and bad sides of the organization’s performance to allow for a balanced evaluation of overall performance.  

The report’s overall structure should give a fair representation of how the organization has performed. It should steer clear from choice, exclusion, or layout that could unfairly or improperly affect a decision or viewpoint by the person reading the report. 

To adhere to the Balance Principle, organizations should:

• Display data that highlights both improvements and declines in performance over consecutive years.
• Clearly differentiate between objective data and the organization’s analysis of that data.
• Ensure that significant adverse impacts are not excluded from reports.
• Refrain from disproportionately highlighting favorable outcomes or impacts.
• Avoid presenting data in a manner that could unjustly sway the interpretations or evaluations of those utilizing the information.

Comparabilité 

Principle: It’s crucial for an organization to consistently choose, gather, and disclose information. The information disseminated should be laid out in a way that permits stakeholders to examine shifts in the organization’s performance over time and enables comparison with other organizations.  

When information is presented in a manner that’s easy to compare, both the organization and others can evaluate the organization’s current effects based on past situations and its goals. This also allows outsiders the chance to compare and rate the organization’s effects in relation to others. This kind of comparison is valuable for things like rating tasks, making investment choices, and planning advocacy programs.

To adhere to the Comparability Principle, organizations should:

• Display data from the current reporting period alongside data from a minimum of two prior periods, including any objectives and benchmarks established.
• Utilize recognized global units of measurement (for instance, kilograms, liters), along with standard conversion methods and protocols, when gathering and communicating data.
• Ensure uniformity in the data measurement and calculation techniques used and provide clear descriptions of the methodologies and assumptions applied.
• Present data in a consistent format, including both comprehensive figures (such as total CO2 emissions in metric tons) and comparative metrics (like CO2 emissions per unit of production), offering detailed explanations for any ratios used.
• Include background information regarding the organization’s scale, location, etc., to facilitate the interpretation of how its impacts compare with those of other entities.
• Align current reporting with historical data revisions to support direct comparisons, even when there have been adjustments in reporting periods, measurement techniques, definitions, or other reporting components.
• In instances where historical data are not restated, provide an explanation of the modifications to enhance the understanding of the current disclosures.

Précision 

Principle: The organization must provide information that is accurate and intricate enough to permit an evaluation of its influences.

The precision of data, whether qualitative or quantitative, relies on various attributes which differ based on the type and intended use of the information. The exactness of quantitative data is largely subject to the methods employed in its collection, collation, and interpretation. For qualitative data, its precision rests largely on the depth of detail and the agreement it has with existing proof or evidence.

To adhere to the Accuracy Principle, organizations should:

• Present qualitative data that aligns with existing evidence and previously disclosed information.
• Clearly identify data that has undergone measurement processes; provide detailed descriptions of how data was measured, and calculations were performed, ensuring these processes can be accurately replicated to yield similar outcomes.
• Confirm that the error margin in data measurement does not unduly affect the interpretations or evaluations made by those using the information.
• Disclose any data that has been estimated, including the assumptions and methodologies employed in making these estimates, while also acknowledging the potential limitations of such estimations.

Rapidité d'exécution 

Principle: The entity is required to provide updates consistently and in a timely manner, ensuring data users can make informed decisions effectively.

The value of the information hinges on its timely release, allowing stakeholders to include it in their decision-making process effectively. The term ‘timing’ here points to the steadiness of the reporting schedule and its closeness to the actual events being reported. 

To adhere to the Timeliness Principle, organizations should:

• Strike a balance between promptly providing information and guaranteeing its quality and compliance with other reporting principles.
• Maintain uniformity in reporting period durations.
• Specify the reporting timeframe.

Clarté 

Principle: It’s crucial for the organization to deliver information in a way that’s clear and easily accessible for stakeholders using the report.  

The presented information should be intelligible to stakeholders, assuming they have a decent understanding of the organization and what it does. 

To adhere to the Clarity Principle, organizations should:

• Acknowledge and address the unique accessibility requirements related to users’ capabilities, language preferences, and technology access.
• Arrange information in a manner that allows users to easily locate what they need, employing tools such as indexes, guides, or hyperlinks.
• Ensure the information is comprehensible to individuals with a basic understanding of the organization and its operations.
• Refrain from using shortcuts, technical language, or specialty lingo that might not be familiar to all users, providing explanations or a glossary for such terms when necessary.
• Present information succinctly, grouping similar data where appropriate, while ensuring that crucial details are not omitted.
• Utilize visual aids and summary tables to enhance the accessibility and intelligibility of information.

Contexte de durabilité

Principle: The entity is mandated to provide data on how its actions affect the broader aspect of sustainable growth.

Sustainable development is all about satisfying our current needs without putting future generations at a disadvantage to fulfil theirs. One-way organizations play their part in this is by using the GRI Standards for sustainability reporting. This method is aimed at revealing how a company is helping, or intends to help, in promoting sustainable development. To do this effectively, it’s essential for the organization to analyze and disclose information about how its activities impact on the broader aspects of sustainable development.

To adhere to the Sustainability Context Principle, organizations should:

• Utilize objective, authoritative sustainable development data for impact reporting (such as scientific consensus on environmental resource limits).
• Align impact reports with sustainability goals, such as UN FCCC Paris Agreement [2] targets, by detailing both overall and reduced GHG emissions.
• Reflect its impact in the context of societal and business standards, adhering to frameworks like the OECD Guidelines for Multinational Enterprises [3] and the UN Guiding Principles on Business and Human Rights [4].
• For operations across various locations, tailor impact reporting to local environmental and social conditions, reporting on metrics like total and relative water usage within local sustainability thresholds.

Complétude

Principle: The organization is required to offer enough information for evaluating its effects within the reporting timeframe.

To adhere to the Completeness Principle, organizations should:

• Ensure reporting covers all activities, events, and impacts within the relevant period, even if they initially appear minor.
• Include details on activities with potential long-term significant effects, like those causing bioaccumulation of pollutants.
• Avoid excluding information crucial for comprehending the organization’s overall impacts.

Vérifiabilité

Principle: It’s essential for an organization to collect, note, arrange, study and reveal details and methods used while preparing reports. This should be done in such a manner that allows for the report to be examined, confirming its quality and relevance.  

Stakeholders need to be assured that they can verify the report’s truthfulness and the extent to which it follows the Reporting Principles. 

To adhere to the Verifiability Principle, organizations should:

• Establish internal control mechanisms and arrange records so that external parties, such as internal and external auditors, can conduct reviews.
• Clearly record how decisions affecting sustainability reporting were made, ensuring the methodology for identifying critical topics is transparent and verifiable.
• Design any sustainability reporting information systems with external verification in mind, enabling their scrutiny during assurance activities.
• Track and be prepared to present original data sources, ensuring any assumptions or calculations used are backed by reliable evidence. Also, ensure representations from these sources confirm the accuracy of their data within accepted error margins.
• Refrain from including unverified information in reports unless it is essential for understanding the organization’s impact.
• Explicitly address any uncertainties linked to the reported data, providing a clear exposition of their nature and implications.

Conclusion 

In conclusion, navigating the complexities of sustainability reporting is no small feat. Yet, its significance in today’s world cannot be overstated. Companies that excel at this practice not only boost their credibility but also pave the way for a more sustainable future. By aligning business strategies with sustainable practices, organizations can create immense value not just for themselves but for society at large. It’s through this lens that we should view sustainability reporting—not as a regulatory requirement, but as a powerful tool for change, driving progress towards a more sustainable, equitable world. 

Références : 

[1] https://www.globalreporting.org/standards/download-the-standards/

[2] https://unfccc.int/process-and-meetings/the-paris-agreement

[3] https://mneguidelines.oecd.org/

[4] https://www.undp.org/sites/g/files/zskgke326/files/migration/in/UNGP-Brochure.pdf