You are on page 1of 9

Name

: Fernandhi Dwi Prakoso

NIM

: 115020307111050
MIDDLE EXAM ACCOUNTING SOCIAL REPORTING

1. What is GRI?
GRI report is a conceptual framework that is credible and trustworthy in sustainability reporting
that can be used by various organizations of different size, sector, and location. Transparency
about the sustainability of the organization's activities is an important concern from various
stakeholders, including companies, workers, NGOs, investors, accountants, and others. GRI relies
heavily on the cooperation of a network of experts from various stakeholders in the consultation.
With the consultation of this for several years and continuous, then the concept of the GRI
framework is an improvement and an increase in its practitioners.
2. How is the History of GRI in brief?
GRI was firstly founded in US non-profit organizations the Coalition for Environmentally
Responsible Economies (CERES) and the Tellus Institute in 1997 located at Boston. Fromer
CERES Executive Director Dr. Robert Massie and Dr. Allen White make a framework for
environmental reporting, they estabilished a Global Reporting Initiative (GRI) project
department. They have aim that to create an accountability mechanism to ensure companies
following the CERES Principles for environmental responsibility and to get many investors.
In 1998, multi-stakeholder Steering Committee was estabilished to develop GRI’s Guidance.
They mandate to do more than the environment, and the GRI’s Framework was broadened to
include social, economic, and governance issues. GRI’s guidance became a Sustainability
Reporting Framework for the first time, with the Reporting Guidelines at its core.
3. How to Apply GRI at companies and organization in the world?
From the record of history, GRI have many of developed version that every its version has
broadened and expanded to fulfill perfection its Sustainability Reporting Framework. When its
unveiled in 2002 at the World Summit, UNEP embraced GRI and invited UN member states to
host it. And until now, many companies and organization in the world using it because the GRI
Guidelines offer an international references. The Guidelines are useful to prepare of any type data
which requires disclosure.
4. Why do companies and organization using GRI?
Because using GRI Guidelines to their sustainability report make companies or/and organization
get some trusts from the investors and positive thinking from social environment. Because, right
now, many investors and socials expecting to the company or/and organization make a good
contributions to their environment.
5. How is the relationship between GRI and CSR?
We know that GRI is a guideline to report social, economic, and governance issues held by
companies and organizations, so to make a sustainability report we need GRI Guidelines. And
right now, sustainability report have many types, like ecological footprint reporting,
environmental social governance (ESG) reporting, triple bottom line (TBL) reporting, and
Corporate Social Responsibility (CSR) reporting. GRI seeks to make sustainability reporting

 GRI published the G3. Why GRI guidelines are most commonly used? It is because GRI Guidelines can help improve disclosure by identifying the better durability indicators. The United Nations Environment Programme (UNEP) embraced GRI and invited UN member states to host it. G3. GRI has regional offices in some of key territories. community and human rights-related performance. and improving things to compare and standardize reporting. 8.  The second version of the Guidelines. known as G2. Survey from KPMJ in 2002 shows that businesses that use the GRI reporting will be able to :  Reduce business costs and increase efficiency  Develop innovative products and services for access to new markets  Improve the reputiation and brand value  Recruit and retain best human resources  Gain better access to the main investor  Increase the value of public companies  Reduce liability through the integration of risk management 7. 6. How GRI guidelines were created?  GRI Guidelines were created in 1997 from CERES in partnership with the Tellus Institute in Boston by write exposure drafts. G4.by all organizations as routine as financial reporting. GRI expanded its strategy and Reporting Framework. Please provide a sustainability report example using GRI? . and built powerful alliances.  GRI’s guidance was developed by 2006 which is launch of the third generation. and governance issues. also multi-stakeholder Steering Committee in 1998 broadened GRI Guidelines to include social.  The first version of the guidelines was launched in 2000.1 Guidelines in 2011. and the next year. economic. GRI released the latest generation of its Guidelines. Steering Committee make advice to separated CERES and GRI as an independent institution.  The fourth conference in May 2013. After G3 was launched. was launched and referenced in 2002 when World Summit in Sustainable Development in Johannesburg. its an update from G3 that expanded guidance on reporting gender. Sustainability report like CSR must include GRI inside to report the social responsibility of their companies and organization.

My Sustainability Report example is Coca Cola Company And this is the GRI report screenshoot (full GRI 3.1 report attached in folder “sustainability report”) .

.

.

.

.

.

Find 3 international journals relevant to the GRI? .9.Attached files in folder “international journal” .