GRI Launches XBRL Based Digital Reporting Initiative
The Global Reporting Initiative has announced the formation of the Digital Reporting Alliance. This effort will seek to address underutilisation of sustainability data by promoting the reporting of that data using XBRL, and creating the infrastructure to facilitate the digital reporting of sustainability data.
A lack of structured data and the lack of demand for digitally reported data are issues we see around the world in a variety of arenas, sometimes singly and sometimes together. We support GRI’s efforts to promote structured data reporting, especially as corporate sustainability practices are becoming an increasingly important criteria for investors. Learn more.
Interested parties can also review the first set of exposure drafts of the GRI Sustainability Reporting Standards.