Corporate Citizenship Blog

Companies Commit to Climate Progress

Posted by Katherine V. Smith, Executive Director on Dec 7, 2016 10:02:00 AM

ClimateBlog-20161207.jpgLast month, leaders from around the world gathered in Marrakesh, Morocco to build on the tremendous achievement of the 2015 Paris Agreement during COP22. There, they recommitted to a collaborative target-driven effort to limit climate change. During the conference, 11 countries—including Italy, Japan, Malaysia, and Pakistan—ratified the Paris Agreement, bringing the total number up to 111, far more than the 55 countries covering 55 percent of global GHG emissions required to elevate the accord to international law. The United States, Canada, Mexico, and Germany released strategies for radically cutting their greenhouse gas emissions by midcentury. The U.S. report outlines plans to meet an 80 percent reduction in emissions from 2005 levels by 2050, referencing an ambitious transition to a low-carbon energy system and innovative carbon storage and removal tactics.

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Topics: Business Perspectives, Sustainability, GRI/G4, Sustainability Reporting

A New Era of Sustainability Reporting: The GRI Sustainability Reporting Standards

Posted by Stewart Rassier, Director of Executive Education on Oct 31, 2016 2:28:50 PM

Corporate citizenship is one of the most dynamic and exciting fields in business today – the urgency of global issues, the evolving expectations of stakeholders, and the improvements in our ability to track and communicate environmental, social, and governance (ESG) activity are trends that have created a vibrant, challenging, and ever-changing business ecosystem.

In response to this complex environment, companies have called on organizations like the Global Reporting Initiative (GRI) to create a uniform and structured way to report credibly on the ESG issues that matter to their company and its stakeholders. GRI has responded.

On October 19, GRI issued their updated Sustainability Reporting Standards after nearly a year spent collecting comments, suggestions, and feedback from a variety of stakeholders.

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Topics: Sustainability, Reporting, GRI/G4

The GRI reporting framework is changing. What do you need to know?

Posted by Stewart Rassier, Director of Executive Education on Sep 2, 2016 8:30:00 AM

GRI-1.jpgTo keep up with global trends and challenges, GRI continually refines its guidelines, employing a multi-stakeholder approach to ensure that the reporting tool aligns the current needs of companies with the needs of society to better support meaningful change through corporate action. This year, GRI is transitioning G4—its most comprehensive and up-to-date reporting framework—from guidelines to standards, and has proposed three Universal Standards, as well as 35 Topic-Specific Standards. The organization is in the process of receiving feedback from global stakeholders on its draft Standards, having released them in April.

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Topics: Reporting, GRI/G4, Sustainability Reporting

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Welcome to the Boston College Center for Corporate Citizenship blog, we are your resource for corporate citizenship insights, research, trending topics and executive education. Our blog is a place to exchange ideas and learn about corporate citizenship.

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