Information Updates

GRI Launches New Biodiversity Reporting Standard

The Global Reporting Initiative (GRI), one of the leading organizations promoting standardized ESG reporting releases updated Biodiversity Standard (GRI 101: 2024) to help companies disclose their biodiversity impacts and management measures.

This new standard provides a comprehensive framework for companies to report on their biodiversity impacts and take action to address them, contributing to a global effort to conserve and protect biodiversity.

Key Points:

• New standard aligns with recent global biodiversity initiatives like Kunming-Montreal Framework and TNFD recommendations.
• Enables reporting on:
  — Supply chain impacts
  — Location-specific impacts with detailed site information
  — Direct drivers of biodiversity loss (land use, climate change, etc.)
  — Impacts on society and human rights
  — Management of these impacts
• Standard effective January 2026, early adopter pilot starting now.

Source:https://www.esgtoday.com/gri-launches-new-biodiversity-reporting-standard/

Source: https://www.esgtoday.com/