GRI Standards

Last updated: Various

Reporting standards designed to help organisations understand and disclose their impacts in a way that meets the needs of multiple stakeholders. These standards are arranged by a set of Universal Standards that apply to all organisations, and 35 Topic Standards that contain disclosures for impacts related to economic, environmental and social topics.

For organisations

Use this resource to:

  • Measure sustainability performance: Identify metrics to measure for each significant topic. The standards themselves provide guidance on selecting metrics to report. Using standardised metrics helps the organisation and its stakeholders compare performance with others.
  • Disclose: Report to all stakeholders on ‘material topics’ that reflect the organisation’s most significant impacts.

For investors and financial institutions

Use this resource to:

  • Assess: Assets use the measurement and disclosure standards and guidance for organisations, and investors can provide capacity to help adherence.

SDG Impact Standards for Enterprises

Last updated: 2021

Practice standards that provide a common language and a system for integrating sustainable development issues, the Sustainable Development Goals and impact management into business and investment decision-making. These practice standards also outline the ‘ABC’ classification methodology, which helps organisations assess whether an impact ‘Acts to reduce harm’, ‘Benefits stakeholders’, or ‘Contributes to solutions’ in relation to the SDGs.

Use this resource to:

Set up processes and embed practices that orient an organisation towards achieving the SDGs. The SDG Impact Standard contains practice indicators that are relevant to several actions. Use the links below to access guidance for different practice indicators. Alternatively, view the whole guidance document here.

Non-Authoritative Guidance on Applying ISAE 300 (Revised) Extended External Reporting (EER) Assurance Engagements

Last updated: 2021

Outlines the key stages of an assurance engagement, expectations of assurance professionals, and common types of information included in Extended External Reporting (EER) assurance engagements. The guidance has been developed to support assurers who are applying the ISAE 3000.

Use this resource to:

  • Verify: This guidance is not aimed at organisations but provides detailed information on issues that arise when assuring EER such as sustainability performance information, which organisations may still find useful.

International Standard on Assurance Engagements 3000 (Revised)

Last updated: 2013

A standard for assurance professionals that covers any assurance engagement other than audits or reviews of historical financial information.

Relevance to Organisations:

  • Verify: Organisations may require that their third-party assurance providers apply this standard to ensure adherence to global best practices.

Integrated Reporting Framework

Last updated: 2021

Reporting framework that provides principles-based guidance for organisations seeking to create an integrated report, containing both financial and non-financial information. The guidance is tailored specifically for private sector, for-profit companies, but the Framework can also be applied to the public sector and non-for-profit organisations.

For organisations

Use this resource to:

  • Integrate and act: Follow integrated thinking principles to improve the organisation’s understanding of the connectivity and interdependencies between the range of factors that affect an organisation’s ability to create value over time.
  • Disclose: Report to providers of financial capital on sustainability topics that are likely to affect value creation over the short-, medium-, and long-term.

For investors and financial institutions

Use this resource to:

  • Disclose: Report on sustainability topics that are likely to affect value creation over the short-, medium-, and long-term.

CDSB Framework for Reporting Environmental and Climate Change Information

Last updated: 2019

This reporting framework offers companies seven guiding principles and 12 reporting requirements to help prepare (financially) material and decision-useful environmental disclosures for the mainstream report. CDSB additionally offers topic-specific guidance for companies, such as on climate-related reporting and climate accounting.

For organisations

Use this resource to:

  • Integrate and act: Understand how to prepare environmental and climate change information in a way that connects to mainstream financial information.
  • Disclose: Report on financially material environmental and climate change information.

For investors and financial institutions

Use this resource to:

  • Assess: Understand the measurement and disclosure standards and guidance for organisations, so that investors can provide capacity to the asset to help adherence.
  • Disclose: Understand how underlying assets might prepare environmental and climate change information in a way that connects to mainstream financial information.

Impact Standards for Financing Sustainable Development (IS-FSD)

Last updated: 2021

Practice standards to support donors in the deployment of public resources through DFIs and private asset managers, in a way that maximises the positive contribution towards the SDGs. The Standards are harmonised in approach with the UNDP SDG Impact Standards suite, the IS-FSD constitute a framework, ensuring that collectively (with the SDG Impact Standards for PE Funds, Bond Issuers and Enterprises) they help to connect actors across the system using a common language and approach for integrating SDG impacts in the investment strategy and throughout the investment process and governance structures.

Use this resource to:

  • Governance: Set up processes and embed practices that are aligned with the SDG Impact Standards.
  • Assess: Understand whether all relevant information is being actioned to understand impact. The Standards outline how baselines, social/ ecological thresholds and other contextual information should be included in assessment of whether an underlying asset is contributing to the SDGs.

IRIS+ System

Last updated: 2021

Tool designed to help impact investors translate intentions into results. It starts by helping investors frame their impact goals in a common way (linked to an SDG or Impact Category) and offers a set of metrics (Core Metrics Sets) to assess performance against set goals, together with an evidence base (Navigating Impact) and implementation guidance.

Note on harmonisation: work is underway to map various investor metric sets and corporate disclosure standards, with a view to achieving global consistency. E.g. IRIS+-GRI, B Lab-GRI, HIPSO-IRIS+.

Use this resource to:

  • Assess: Select from a catalogue of metrics specifically designed for impact investors.

Impact-financial integration: a handbook for investors

Last updated: 2020

Guidance on impact-financial integration at the investment and portfolio level, developed by a collaboration of 13 investors. Includes examples.

Use this resource to:

  • Assess: Construct an expected impact rating using sections 1.3 and 2. Use Sections 1.5-1.8 and 3.1-3.2 to integrate impact alongside financial risk and return to inform investment decision-making.

Types of impact risk

Last updated: 2018

Guidance on types of impact risk. The IMP community of 2000+ practitioners identified nine types of impact risk, which are often relevant when managing impact. This content is now hosted by Impact Frontiers.

Use this resource to:

  • Assess: Use the nine types of impact risk as a checklist to identify the most common types are of impact that are considered.