GRI flashcards

32 cards. Read the term and the definition here. The deck at the top of this page is optional.

GRI 1 Foundation

GRI 1 sets the purpose, structure, and reporting principles of the GRI Standards and is applied together with GRI 2 and GRI 3.

Universal Standards

The Universal Standards are the three GRI Standards all organizations apply: GRI 1 Foundation, GRI 2 General Disclosures, and GRI 3 Material Topics.

Reporting principles

The eight GRI reporting principles are accuracy, balance, clarity, comparability, completeness, sustainability context, timeliness, and verifiability.

In accordance with GRI

The reporting claim requires applying all Universal Standards, reporting every GRI 2 disclosure, determining material topics under GRI 3, and reporting disclosures for each material topic.

Topic Standard numbering

GRI Topic Standards use the 200 series for economic topics, the 300 series for environmental topics, and the 400 series for social topics.

Restatement disclosure

GRI 2-4 requires an organization to explain restated information from prior reports, including the reason for the restatement and its effect.

Sector Standard applicability

When an organization's activities fall within a sector covered by a GRI Sector Standard, it uses that standard to identify material topics and report sector disclosures.

GRI 2 scope

GRI 2 contains 30 general disclosures on organizational profile, reporting practices, activities and workers, governance, strategy, policies, practices, and stakeholder engagement.

Disclosure 2-1

GRI 2-1 reports organizational details: legal name, nature of ownership and legal form, location of headquarters, and countries of operation.

Disclosure 2-7

GRI 2-7 reports the number of employees by gender, region, and contract type, together with the methods used to compile the data.

Disclosure 2-9

GRI 2-9 reports governance structure and composition, including the highest governance body's committees, roles, and diversity characteristics.

Disclosure 2-23

GRI 2-23 reports policy commitments for responsible business conduct, including human rights, and how those commitments are communicated.

Disclosure 2-29

GRI 2-29 reports the approach to stakeholder engagement: stakeholder groups identified, the purpose of engagement, and how feedback informs decisions.

Disclosure 2-30

GRI 2-30 reports the percentage of employees covered by collective bargaining agreements and, where applicable, which employee groups are excluded.

Material topic definition

A material topic is a topic that represents the organization's most significant impacts on the economy, environment, and people, including human rights.

Disclosure 3-1

GRI 3-1 describes the process used to determine material topics, including stakeholder engagement, impact identification, assessment criteria, and prioritization.

Disclosure 3-2

GRI 3-2 lists the material topics and any changes from the previous reporting period, including where impacts occur in the value chain.

Disclosure 3-3

GRI 3-3 reports the management approach for each material topic, covering policies, commitments, goals, responsibilities, resources, actions, grievance mechanisms, remediation, and tracking effectiveness.

Impact significance assessment

Impact significance is assessed using scale, scope, irreversibility, and likelihood, considering actual and potential as well as negative and positive impacts.

Four-step materiality process

The GRI 3 process is: understand the organizational context, identify actual and potential impacts, assess the significance of impacts, and prioritize topics.

GRI 201 Economic Performance

GRI 201 covers direct economic value generated and distributed, financial implications of climate change, and defined benefit plan obligations.

GRI 205 Anti-corruption

GRI 205 covers operations assessed for corruption risks, communication and training on anti-corruption, and confirmed incidents with actions taken.

GRI 302 Energy

GRI 302 covers energy consumption within the organization, energy consumption outside the organization, and energy intensity.

GRI 305 Emissions

GRI 305 covers Scope 1, Scope 2, and Scope 3 greenhouse gas emissions, ozone-depleting substances, and other significant air emissions.

GRI 403 Occupational Health

GRI 403 covers occupational health and safety management, worker participation, hazard identification, work-related incidents, and worker health promotion.

Topic Standard use

A Topic Standard is applied only when its topic is material; management approach appears in GRI 3-3 and topic-specific data in the Topic Standard disclosure.

GRI 11 Oil and Gas

GRI 11 is the Sector Standard for oil and gas, identifying likely material topics and sector-specific disclosures that supplement the Universal and Topic Standards.

GRI 13 Agriculture

GRI 13 is the Sector Standard for agriculture, aquaculture, and fishing, addressing sector impacts such as land use, biodiversity, and labor practices.

Sector Standard function

A Sector Standard identifies sector-specific likely material topics and disclosures and is used as a starting point while the organization assesses its own impacts.

Sector Standard hierarchy

Sector Standards supplement GRI 1, GRI 2, and GRI 3; they do not replace the Universal Standards or the GRI 3 materiality process.

Value chain boundary

The reporting boundary includes entities and upstream or downstream relationships where impacts occur, as described in GRI 2-2 and GRI 2-6.

No applicable sector standard

When no Sector Standard applies, the organization determines material topics using the GRI 3 process and reports the relevant Topic Standards.