Overview: Introduction to the GRI framework and five-step reporting process
- Presenting the business case for sustainability and its relationship to sustainability reporting
- GRI Guidelines/Reporting Framework structure and composition
- Standard report components for inclusion in GRI-based reports
- GRI Principles for report content and quality
- Overview of the GRI Sustainability Reporting Process (Phases 1-5)
GRI Phase 1: Prepare
- Coordinating the reporting process for maximum internal buy-in
- Organizing for Success - the Team and the Timeline
- External Influences on Strategy Decisions - Regulations, Certifications, Evaluations...
- Definition of report scope, boundary and time period
- Getting Started - Linking Business Goals and Sustainability Impacts
GRI Phase 2: Connect
- Importance of stakeholder engagement to the reporting process
- Stakeholder identification and prioritization
- Effective stakeholder communication
GRI Phase 3: Define
- Identifying material (relevant) sustainability issues for action and reporting
- Evaluating existing monitoring systems for realistic goal-setting
- Setting goals and performance targets
- Appropriately reviewing and modifying internal policies and procedures
- Reviewing existing monitoring systems for realistic goal-setting
GRI Phase 4: Monitor
- The GRI Indicators and Protocols - GRI's guidance on what to measure and how to measure it
- Checking processes and monitoring activities
- Ensuring quality of information
GRI Phase 5: Communicate
- Communication tactics and formats
- Maximizing internal and external report value
- Options for incorporating sustainability reporting into a traditional annual report
- Designing a report for clarity and readability
- GRI Application Levels and external assurance of report information
What You'll Learn
By the end of this course, you will be able to:
- Make arguments for the business case for reporting.
- List the steps to plan and present a reporting process.
- Give examples of links between everyday organizational activities and their economic, social and environmental impacts based on their own current experience and context.
- Recognize some self-assessment tools for initial evaluation of such impacts.
- Identify the Global Compact Principles and explain how they can be used in the initial evaluation of aspects to report.
- Identify the goals of the kick off meeting.
- Identify priority stakeholders in their context and explain why.
- Justify why stakeholders' input is critical for the success of the reporting process.
- Explain the difference between a GRI category, GRI aspect and a GRI indicator.
- Decide on appropriate ways to consult stakeholders about issues to report.
- Explain what the GRI materiality principle is and its role to select the indicators for action and to report.
- Explain and give examples of the GRI reporting principles for defining content.
- Recognize what decisions about the report content need to be taken by decision makers before monitoring.