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/