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.

B Impact Assessment

Last updated: 2019

Tool designed to help organisations measure and manage their impact on workers, community, environment, and customers.

Use this resource to:

  • Identify sustainability topics: Fill in the online questionnaire to understand performance on sustainability topics that are likely relevant to manage, based on the organisation’s size, sector, and geography. B Lab’s questionnaire is developed through research and public consultation, and so provides an evidence-based starting point for identifying sustainability topics to measure.
  • Measure sustainability performance: Use the B Impact Assessment as a set of metrics. The questionnaire enables organisations to quickly get started collecting information on performance on sustainability topics that are likely relevant to manage, based on the organisation’s size, sector, and geography.
  • Assess impacts: Fill in the questionnaire to track change in performance over time. Each question is scored – some with reference to social or ecological thresholds – to help the organisation determine whether it is performing sustainably on that topic.
  • Benchmark: Compare performance with peers on each sustainability topic or as a whole organisation. If an organisation scores 80 points or above on the questionnaire, it can apply to be certified as a B Corp. The tool provides guidance to help organisations improve their score every year, and all B Corps must update their responses to the self-assessment to re-certify every three years.

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.

Impact Mappings

Last updated: 2021

The excel-based Impact Mappings are standalone versions of the research embedded in UNEP-FI’s Impact Analysis Tools, split into two parts.

First, the Sector Mappings show the strength of connection between economic activities (using ISIC classification) and positive and negative impacts (using UNEP-FI’s 22 Impact Areas). Second, the Needs Mappings track a selection of indicators at global and country level as a way to estimate the sustainable development needs in different geographies.

For organisations

Use this resource to:

  • Identify sustainability topics: Cross-check the organisations economic activities and geographic location against the Impact Mappings when identifying sustainability topics to measure.

For investors and financial institutions

Use this resource to:

  • Identify: Understand the impact areas and topics associated to different economic activities by consulting the Sector-Impact map; understand both positive and negative associations; identify key sectors for different impact areas and topics.
  • Assess: Review existing indicators and metrics for impact assessment by consulting the Indicator Library. Indicators and metrics from reporting standards and frameworks (GRI, SASB, CDP, TCFD), impact investor and development bank resources (IRIS+ and HIPSO), government taxonomies (EU Adaptation and Mitigation Taxonomies) and other sources have been collated to support indicator selection and interoperability between frameworks.

Investment Portfolio Impact Analysis Tool

Last updated: 2021

Tool to help investors holistically understand and manage the actual and potential impacts of their portfolios.

Use this resource to:

  • Set and revise objectives: Set relevant and meaningful objectives by using the tool. It provides an impact analysis and management workflow that starts from the identification of impact associations and needs, facilitates the collection and assessment of impact performance data, and accordingly enables specific targets to be set and monitored over time.
  • Identify sustainability topics: Identify impact areas and topics (economic, environmental and social) associated with a portfolio, based on an objective review (cartography) of the portfolio, sectoral and geographic breakdown. The tool contains collated research on the association between sectors (ISIC – International Standard Industrial classification) and 22 Impact Areas that cover all the SDGs, as well as a framework to enable a contextualisation of impact associations vis a vis the impact needs present in the country/ies of operation of the bank and its clients.
  • Measure sustainability performance: Review existing metrics for impact measurement by consulting the Indicator Library embedded within the tool. UNEP FI has collated metrics from reporting standards and frameworks (GRI, SASB, CDP, TCFD), impact investor and development bank resources (IRIS+ and HIPSO), government taxonomies (EU Adaptation and Mitigation Taxonomies) and other sources to support indicator selection and interoperability between frameworks. This indicator library primarily supports use of the tool, but is also a useful standalone resource.Investors may also refer to the Real Estate Impact Analysis Tool which uses a complementary approach for real estate portfolios.

Investors may also refer to the Real Estate Impact Analysis Tool which uses a complementary approach for real estate portfolios.

Use this resource to:

  • Identify: Use the tool to identify impact areas and topics (economic, environmental and social) associated with an investment portfolio, based on an objective review (cartography) of the portfolio, sectoral and geographic breakdown.
  • Assess: Assess your current practice and performance vis a vis its most significant impact areas by combining the tools ‘Identification’ outputs with additional data; use the assessment as a basis for target-setting and to define the bank’s action plan.

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.

SDG Action Manager

Last updated: 2020

Tool designed to help organisations measure and manage their impacts in relation to the Sustainable Development Goals.

For organisations

Use this resource to:

  • Identify sustainability topics: Fill in the online questionnaire to understand the SDGs most relevant to manage, based on the organisation’s size, sector, and geography. The questionnaire draws from B Lab’s B Impact Assessment and the UN Global Compact’s 10 Principles. It was developed through research and public consultation and so provides an evidence-based starting point for identifying sustainability topics to measure.
  • Measure sustainability performance: Use the SDG Action Manager as a set of metrics. The questionnaire enables organisations to collect performance information on the SDGs that are most relevant to manage, based on the organisation’s size, sector and geography.
  • Assess impact: Fill in the questionnaire to track changes in performance over time. Each question is scored – some with reference to social or ecological thresholds – to help the organisation determine whether it is performing sustainably on that topic.
  • Benchmark: The self-assessment tool helps organisations compare performance with peers on each SDG or as a whole organisation.

For investors and financial institutions

Use this resource to:

  • Assess: Engage with underlying assets and support them in completing the SDG Action Manager Questionnaire. The multiple-choice, weighted question format helps underlying assets and their investors quickly judge whether performance on a topic is likely to be unsustainable or sustainable, and what they can do to improve.

GRI Topic-specific Standards

Last updated: n/a

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:

  • Identify: Refer to the Sector Standards as a starting point for identifying likely significant impacts.
  • Disclose: Report to all stakeholders on ‘material topics’ that reflect the organisation’s most significant impacts. The Sector Standards are a helpful starting point for identifying likely significant impacts.

Impact-Weighted Accounts Initiative Research

Last updated: n/a

Research on impact valuation published in the form of case studies and white papers. Specific illustrative examples are provided for product impact.

For organisations

Use this resource to:

  • Estimate value created: Use research to learn about key considerations when monetising impact, using publicly available information on companies.

For investors and financial institutions

Use this resource to:

  • Assess: Learn about the key considerations when monetising impact, using publicly available information on companies.