GRI Seeks To Clean Up Reporting On Pollution

(MENAFN- 3BL) July 8, 2024 /3BL/ - GRI has started the recruitment of an expert working group to guide the development of new reporting standard(s) on pollution.

Pollution of air, water and soil severely impacts the environment, biodiversity, human health, and quality of life. According to the World health Organization, air pollution alone in cities and rural areas caused an estimated 4.2 million premature deaths worldwide in 2019 . Furthermore, pollution can generate large-scale irreversible environmental damage posing serious threats to ecosystems, plus welfare losses that equate to over 6% of global GDP annually .

The working group recruitment process is open until 18 August. The group will comprise representatives from the five GRI constituencies: business enterprise, investment institutions, labor organizations, mediating institutions, and civil society. Experts are being sought with backgrounds in reporting on air and soil pollutant emissions, hazardous substances, and critical incident management.

The project will look at all related impacts from a holistic perspective, including air, soil, water and other pollution-related dimensions. The Pollution Working Group will take forward the revision of existing disclosures, such as those on ozone-depleting substances, nitrogen and sulphur dioxides, and significant spills – as well as developing additional ones. The revised and new disclosures will lead to new Topic Standard(s) related to pollution. Furthermore, a supporting guidance document will be produced to help organizations and stakeholders navigate GRI disclosures on pollution.

Bastian Buck, Chief Standards Officer, said:

Global Reporting Initiative (GRI) is the independent, international organization that helps businesses and other organizations take responsibility for their impacts, by providing the global common language to report those impacts. The GRI Standards are the world's most widely used sustainability reporting standards, which are developed through a multi-stakeholder process and provided as a free public good.



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