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2020 Updates to the GRI Standards

The GRI Standards, developed by the Global Reporting Initiative (GRI), are the first global standards for sustainability reporting. They feature a modular, interrelated structure, and represent the global best practice for reporting on a range of economic, environmental and social impacts.

Since its development in 2016, the GRI Standards has evolved taking into consideration different factors that affect the various stakeholders who use the Standards for their reports.

CSR-in-Action has retained strong ties with the GRI over the course of nine years leading to our Chief Executive, Bekeme Masade-Olowola, becoming the first West African to be on the Board of the GRI based in Amsterdam, and us becoming the only certified GRI Standards Trainer in Nigeria having pioneered GRI training in Nigeria since 2011. From our inception, spanning 2010 through 2020, CSR-in-Action has continued to play a crucial role in shaping the dialogue around sustainability and reporting, and has scripted majority of the sustainability reports in Nigeria.

In this regard, we make it our priority to provide regular information about the GRI Standards as it pertains to our various stakeholders. The table below summarise the updates that have been implemented to the GRI Standards as of 19 May, 2020:

Current Disclosure Title

Scope

Effective Date

Superseded Standards

GRI 207: Tax

2019 (New)

GRI 207: Tax sets out reporting requirements on the topic of tax. This Standard can be used by an organisation of any size, type, sector or geographic location that wants to report on its impacts related to this topic.

This Standard is effective for reports or other materials published on or after 1 January, 2021. Earlier adoption is encouraged.

 

None

GRI 303: Water and Effluents 2018

GRI 303: Water and Effluents sets out reporting requirements on the topic of water and effluents. This Standard can be used by an organisation of any size, type, sector or geographic location that wants to report on its impacts related to this topic.

This Standard is effective for reports or other materials published on or after 1 January, 2021. Earlier adoption is encouraged.

 

GRI 303: Water

2016

 

GRI 303: Water 2016 can continue to be used for reports or other materials published on or before 31 December, 2020.

 

GRI 306: Waste

2020

GRI 306: Waste 2020 sets out reporting requirements on the topic of waste. This Standard can be used by an organisation of any size, type, sector or geographic location that wants to report on its impacts related to this topic.

 

This Standard is effective for reports or other materials published on or after 1 January, 2022. Earlier adoption is encouraged.

 

GRI 306: Effluents and Waste

2016

 

GRI 306: Effluents and Waste 2016 can continue to be used for reports or other materials published on or before 31 December, 2021.

GRI 403: Occupational Health and Safety

2018

GRI 403: Occupational Health and Safety sets out reporting requirements on the topic of occupational health and safety. This Standard can be used by an organisation of any size, type, sector or geographic location that wants to report on its impacts related to this topic.

This Standard is effective for reports or other materials published on or after 1 January, 2021. Earlier adoption is encouraged.

 

GRI 403: Occupational Health and Safety

2016

 

GRI 403: Occupational Health and Safety 2016 can continue to be used for reports or other materials published on or before 31 December, 2020.

 



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