The sustainability reporting framework that is the most widely accepted standard for corporate sustainability reporting around the world is:
A) the ASX Corporate Governance Principles.
B) the Global Reporting Initiative (GRI).
C) the balanced scorecard.
D) none of the above.

Question

Quizplus · Accepted Answer

The Global Reporting Initiative (GRI) is widely recognized as the most widely accepted standard for corporate sustainability reporting around the world. It provides a framework for companies to report on their environmental, social, and governance performance in a comprehensive and standardized way. The ASX Corporate Governance Principles and the balanced scorecard are both frameworks that focus on specific areas of corporate performance, but they do not provide the same level of guidance and standardization as the GRI.

The Sustainability Reporting Framework That Is the Most Widely Accepted