Sustainability reporting is a communication document created to inform internal and external stakeholders about an organisation's economic, environmental, social and governance performance towards sustainable development goals.
Companies may report for many reasons, such as to better understand the risks and opportunities they will face, to increase corporate reputation and brand loyalty, to evaluate and benchmark sustainability performance against laws, norms, regulations, performance standards and voluntary initiatives, to compare performance within the organisation and with other organisations, to comply with national legislation and stock exchange listing requirements, to increase corporate prestige, to determine the expectations of companies and stakeholders in the field of sustainable development.
Transparent Reporting in Compliance with Standards
All this reporting process is carried out by Metsims Sustainability Consulting and reporting is carried out in accordance with GRI Standards. The Global Reporting Initiative (GRI) is an independent international organisation that has been pioneering sustainability reporting since 1997. The GRI Sustainability Reporting Standards (GRI Standards) are a reporting framework for organisations to disclose both their positive and negative impacts on the environment, society and the economy. The GRI Standards are designed to be universally applicable to all organisations around the world, large and small, of all types and sectors. In 2021, it is planned to report on sector-specific standards and sectoral realities.
Fortified Content
As Metsims, we provide comprehensive services to our customers throughout the entire business model lifecycle, from prioritization analysis to design. With our professional team, we offer dedicated support to our customers in aligning their reporting processes with current standards. With our specialized team in sustainability and social responsibility, we meticulously calculate corporate carbon footprints across a broad spectrum and present these findings in comprehensive reports.
We enhance the value of reporting processes by incorporating elements such as life cycle analysis (LCA), strategy development, goal setting, and performance metrics (KPI). We assist our clients in adopting a strategic approach to achieve their sustainability goals. Our support includes enhancing transparency and credibility by delivering reports compliant with current standards such as TSRS, CSRD, and TCFD.
Transparent Reporting in Compliance with Standards
All this reporting process is carried out by Metsims Sustainability Consulting and reporting is carried out in accordance with GRI Standards. The Global Reporting Initiative (GRI) is an independent international organisation that has been pioneering sustainability reporting since 1997. The GRI Sustainability Reporting Standards (GRI Standards) are a reporting framework for organisations to disclose both their positive and negative impacts on the environment, society and the economy. The GRI Standards are designed to be universally applicable to all organisations around the world, large and small, of all types and sectors. In 2021, it is planned to report on sector-specific standards and sectoral realities.
Fortified Content
As Metsims, we support companies in the reporting process with the holistic service we provide from prioritisation analysis to design and our work in accordance with current standards. With our professional team in the field, we also calculate the corporate carbon footprints of the companies that we provide reporting consultancy and process the results in the reports. We add value to reports with LCA, strategy development, goal setting and KPIs.
You can contact us to listen to our success stories on sustainability reporting consultancy and to get information.
Meet our Sustainability Reporting (GRI) Consultants
Orhan Atacan
Sustainability Manager
Gülbahar Korkusuz
Senior Sustainability Advisor
Orhan Atacan
Sustainability Manager
Gülbahar Korkusuz
Senior Sustainability Advisor
Emel Güner
ESG Consultant
What is Sustainability Reporting, particularly with respect to the Global Reporting Initiative (GRI)?
Sustainability Reporting is the practice of disclosing environmental, social, and governance (ESG) performance and impacts of an organization to its stakeholders. The Global Reporting Initiative (GRI) is a widely recognized framework for sustainability reporting that provides guidelines and principles for organizations to effectively communicate their sustainability efforts and outcomes. GRI offers a standardized approach to reporting on various sustainability indicators, allowing for comparability and transparency across different organizations and sectors.
What are the key components of Sustainability Reporting according to GRI standards?
The GRI framework outlines several key components that organizations should address in their sustainability reports, including:
- Stakeholder Engagement: Describing the process of engaging with stakeholders and incorporating their perspectives into sustainability strategies and decision-making.
- Materiality Assessment: Identifying and prioritizing the most significant sustainability issues that affect the organization and its stakeholders.
- Governance and Ethics: Disclosing information about the organization’s governance structure, policies, and practices related to ethics, integrity, and compliance.
- Economic Performance: Reporting on financial performance, economic contributions, value creation, and resource allocation.
- Environmental Performance: Providing data and insights on environmental impacts, resource use, emissions, waste management, and biodiversity conservation.
- Social Performance: Addressing social issues such as labor practices, human rights, diversity and inclusion, community engagement, and health and safety.
- Supply Chain Management: Assessing and managing sustainability risks and opportunities throughout the supply chain, including supplier relations and responsible sourcing practices.