ABSTRACT
The Global Reporting Initiative (GRI) was convened in 1997, not long after the Exxon Valdez incident, by the Boston-based group CERES (Coalition for Environmentally Responsible Economies), with the mission to design globally applicable guidelines for preparing business sustainability reports. There are over 150 organisations whose representatives participate in the long, complex and perhaps ultimately elusive process of standardising sustainability reporting. There are accountants, consultants, agencies, corporations, small businesses, banks, NGOs, lawyers, etc. struggling to elevate the standards to equal financial reporting standards, to bring about true ‘triple-bottom-line’ reporting, including environmental, social and financial information in one report.
