Department of Environmental Affairs to host the 7th Global Reporting Initiative (GRI) Government Advisory Group meeting

23 November 2011

 

Professor Mervyn King, the honorary chairman of the Global Reporting Initiative (GRI) will address the GRI Governmental Advisory Group Meeting today, 23 November in Johannesburg. The address comes ahead of the meeting of the seventh GRI Governmental Advisory Group Meeting. The meeting is hosted by the Department of Environmental Affairs. 

The GRI Governmental Advisory Group is an advisory body to the GRI Board. Its main purpose is to provide guidance to the GRI in achieving its mission as a global organisation which is to mainstream reporting on environmental, social and governance issues.

The Group offers guidance on policy related matters such as evolving government policy and experience; national & regional regulation and guidance; regional sustainability and transparency issues. Many governments are becoming more active and are developing policies in this field. Therefore the Government Advisory Group provides the opportunity to share information among governments, to learn from each other.

The media is invited to the event tonight:

Date:    Wednesday, 23 November 2011

Venue: Wanderers Club House
             21 North Street, Illovo, JHB

Time: 18h00

To RSVP contact

Xolani Ngqoshela
Tel: 012-310 3078
E-mail: xngqoshela@environment.gov.za

Banele Mabena
Tel: 012-395 1607
E-mail: smabena@environment.gov.za

For media queries contact

Roopa Singh
Cell: 082 225 3076

Background information

GRI is an international organization based in the Netherlands. It was originally founded by the United Nations Environment Programme, in partnership with CERES, to establish international guidelines for companies to report on their economic, environmental, and social performance. GRI’s Sustainability Reporting Guidelines serve as a complement to financial accounting principles, helping companies pursue a consistent and standardized approach to reporting.

The Guidelines have been developed over the last 13 years with extensive involvement from business, accountants, investors, civil society groups, and others. In recent years, it has become increasingly common for companies to issue a CSR or sustainability report. These reports complement financial reports, helping to explain companies’ overall performance.