What are the different reporting principles for defining quality in GRI?
CS Professional · Ethics, Governance and Sustainability · PYQS · June 2017
What are the different reporting principles for defining quality in GRI?
Answer & Explanation:
The GRI Reporting Framework is intended to serve as a generally accepted framework for reporting on an organization's economic, environmental, and social performance. It is designed for use by organizations of any size, sector, or location. Balance: The report should reflect positive and negative aspects of the organization's performance to enable a reasoned assessment of overall performance. Comparability: The organization should select, compile and report information consistently. Accuracy: The reported information should be sufficiently accurate and detailed for stakeholders to assess the organization's performance. Timeliness: The organization should report on a regular schedule so that information is available in time for stakeholders to make informed decisions. Clarity: The organization should make information available in a manner that is understandable and accessible to stakeholders using the report. Reliability: The organization should gather, record, compile, analyze and disclose information and processes used in the preparation of a report in a way that they can be subject to examination and that establishes the quality and materiality of the information.
Topics: Sustainability Reporting
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