What Happens in Practice?

One source of possible indicators is a reporting standard, such as Global Reporting Initiative. Some countries, such as China and Japan provide their own standards for sustainability reporting. A standard will provide a number of indicators from which to choose.

However, each industry is different and sometimes the general indicators will not fit the exact needs of the reporter in a particular industry. To customize the GRI standard for each industry, multi-stakeholder groups work with industry representatives to develop appropriate indicators. The results are contained in the GRI Industry Supplements. Click here for a list of GRI sector supplements developed, under development, and in pilot version.

What Happens in Practice?

Some of the indicators suggested by the GRI represent the following themes:

  • Environmental indicators – greenhouse gases and air emissions; spills; wastes; materials used, energy use; water use; and biodiversity impacts.
  • Social indicators – employee turnover; health and safety; training; code of conduct; diversity; human rights; bribery; stakeholder engagement.
  • Economic indicators – economic value distributed; local hiring and purchasing; government assistance; taxes paid; corporate governance.

Click here to see GRI Sustainability Reporting Guidelines—Reference Sheet, which is a complete but summarized version of the guidelines.