GRI publishes guidance documents on double materiality, due diligence and CSRD

The Global Reporting Ini­tia­tive (GRI) has published three new documents titled 'Guides for Policy Makers'. The guides cover double ma­te­ri­al­ity, due diligence and the Corporate Sus­tain­abil­ity Reporting Directive (CSRD).

The titles of the guides are as follows:

• Double ma­te­ri­al­ity. The guiding principle for sus­tain­abil­ity reporting, covering the in­ter­con­nect­ed­ness of an entity's impacts on society and the en­vi­ron­ment with its financial per­for­mance.

• Due diligence. Can managing adverse impacts be sim­pli­fied?, dis­cussing how a business prevents, mitigates and accounts for its impacts.

• CSRD. Im­pli­ca­tions for companies outside the EU, setting out the benefits for pol­i­cy­mak­ers in har­mon­is­ing their sus­tain­abil­ity dis­clo­sure reg­u­la­tions with the EU.

Please click to access the guides via the press release on the GRI website.