GRI has launched the Disclosure Review Service, to be used by any organization producing a report in accordance with or referencing the GRI Standards. GRI’s aim with this service is to help organizations improve the quality of their reports.
“The improvements that organizations will be able to make by using GRI’s Disclosure Review Service will increase the transparency needed to build a better world,” said Shivani Rajpal, Head of Services at GRI.
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The Disclosure Review Service will enable organizations to get valuable feedback on specific disclosures, which GRI will review to find out whether an organization has satisfied the information requirements of the GRI Standards.
It covers 10 strategically chosen disclosures, relating to how organizations approach materiality assessment and stakeholder engagement. Later in 2018, more disclosures will be added.
How does the Disclosure Review Service work?
GRI will review your organization’s draft report, to evaluate the organization’s reporting on the chosen disclosures from GRI 102: General Disclosures. GRI will complete the review in four to eight weeks. Upon successful completion of the service, organizations will receive from GRI an organizational mark with an additional statement, which they can use in their report.
Acting as a stakeholder, GRI will give detailed feedback, to help organizations better respond to the GRI Standards’ information requests. In addition, GRI will provide a final feedback report focused on the application of the Materiality and Stakeholder Inclusiveness Principles, to help organizations better prepare for future reports.
How much will the Disclosure Review Service cost?
The Disclosure Review Service will cost €4,000 for SMEs and not-for-profit organizations, and €5,000 for all other organizations. This is a first-year introductory price. For more information regarding the service and how to join, organizations may visit GRI’s Disclosure Review Service web page.
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