GRI and the IIRC working together
GRI and IIRC work together as strategic partners. They share a vision for the evolution of corporate reporting in which alignment and clarity of corporate reporting frameworks, standards and requirements drive consistency and comparability, leading to improved efficiency and effectiveness in corporate reporting practices. Both organizations recognize the importance of corporate reporting in promoting sustainable development.
GRI and the IIRC acknowledge the complementarity of their respective roles, on the basis that sustainability reporting is central to integrated reporting. GRI’s G4 is an important starting point to ensure that robust sustainability metrics are included in integrated reports, based on the International <IR> Framework, where material to value creation over time.
Both organizations are committed to identifying means of alignment with the aim to strengthen corporate reporting. They will continue to proactively communicate to the market the role, nature and alignment of each other’s framework, guidelines, and standards to aid understanding and clarity in the corporate reporting environment. Through their continuing collaboration, they will aim to express, where possible, a common voice on relevant aspects of their respective activities and other matters of mutual interest.”