March 2014

Date Archive

paul hohnen_DSC9163hr[Originally published on Ethical Corporation]

The 2013 UN Global Compact/Accenture CEOs survey finds that while 93% of business leaders see sustainability as a real challenge to the future of business and 78% see it as a route to business growth and innovation, more than two-thirds think that business is not doing enough to address global sustainability challenges.

jonathan_duttonCompanies’ sustainability and CSR supply chain credentials are in the spotlight as never before thanks to the new fourth generation (G4) Global Reporting Initiative (GRI) guidelines, introduced only in May 2013.

The GRI Guidelines are backed by the United Nations through its UN Global Compact program (the world’s biggest corporate social responsibility program) and are supported by the Australian government.

Indeed, despite only being guidelines and not mandatory, a number of leading Australian companies adopted the old G3 guidelines and are expected to adopt the G4 guidelines within the two year recommended runway.