GRI Application Level “A+” Up, “Undeclared” Down, “GRI Checks” Up
Compared to 2009, GRI recorded more reports in the 'A+' GRI Application Level category, fewer reports in the ‘Undeclared’ category, and conducted more 'GRI Checks' boosting GRI's income. Bar chart attached.
- GRI Application Level Declaration and GRI Checks 2009-2010The misperception about and use of GRI Application Level provides for endless rounds of questions during
Application Levels were conceived as stepping stones for reporters to progress from inaugural reporting (C-level) to more advanced reporting (A level). They have also tunred into an important revenue stream for GRI. GRI charges about $2,000/report to conduct a ‘GRI Check’ of the reporters’ self-declared (or Third Party Checked or Assured) Application Level. GRI conducted over 800 such GRI Checks in 2009 and 2010. This contributed an estimated $1 million/year to GRI’s revenues since 2009. Securing revenues for GRI is a good thing. However, further efforts are needed to ensure that - despite GRI's
How do you feel about GRI Application Levels and GRI Checks? Will the need/value for GRI Check (and associated income) increase or decrease with adoption of Integrated Reporting?
- PS - Can you predict number of 2011 GRI reports and secure $500 for your favorite NGO? Click here for further details.