GRI Sector Supplement Indicators Count Towards Application Level Declaration
Regardles if you like or dread GRI's Application Level declaration requirements, you will be interested to note that a portion of Performance Indicators in finalized Sector Supplements can now be counted towards B and C Level reporting.
In a previous blog entry entitled “New GRI Mining & Metals Supplement – No Help for Application Level Determination,” I noted that I had been corrected by GRI staff that Performance Indicators from Sector Supplements should NOT be counted when determining GRI Application Levels. However, I learned today that this is no longer the case.
For the sustainability reporting nerds amongst you,
Will this new rule change the rampant Application Level declaration avoidance practiced by reporters in countries like China, Japan, South Africa and the US (see also my recent blog entry)? More generally, do you feel that availability of Sector Supplements will help attract new reporters or perhaps unintentionally scare them off because of a perceived increase of complexity?