Good news 1st: @GRI_Secretariat has proposed the first major changes to the definition of Sustainability Context since introducing the Principle in 2002.
Here’s the new definition:
globalreporting.org/standards/medi…
•Explicit use of the term “thresholds”
•Explicit reference to the Paris Agreement, UN Guiding Principles on Business & Human Rights, etc.
•No Allocations. Just reporting “with reference to” / “drawing on information and authoritative measures” on these thresholds.
• Performance has been erased from the definition (just like reference to the capitals was erased in G3)
If this formulation is left to stand, we would be no closer to bona fide sustainability reporting / actual sustainable performance, because organizations could easily follow this guidance and still be wildly unsustainable, with readers unaware...
r3-0.org/wp-content/upl…
You can submit feedback in this survey r1.dotmailer-surveys.com/754j59b-144lbl…
universal@globalreporting.org
I don’t see how we can expect companies to shift to sustainability if the guidelines & standards we provide them aren’t fit-to-task.
Let’s not f*ck this up yet again folks...