Alcoa Partners with the Global Reporting Initiative to Develop the Next Generation of Sustainability Reporting Guidelines
“Alcoa will join other leading global companies to help guide us on the journey to improve and develop the next set of GRI Guidelines,” said Nelmara Arbex, Deputy Chief Executive of the Global Reporting Initiative.
7/5/2011 --- Alcoa is partnering with the Global Reporting Initiative (GRI) to develop the next generation of corporate sustainability reporting guidelines that will shape the way corporations around the world define, deliver and measure their sustainability performance.
The GRI Guidelines, initially launched in 1999, are part of the world’s most widely used sustainability reporting framework. Through this new partnership, Alcoa will serve as a participant and sponsor of The Global G4 Consortium, advising GRI during the development of the next iteration of GRI Guidelines to help ensure they address the most important challenges – present and future – in the corporate sustainability reporting field.
“We’re pleased to partner with GRI and play a key role in evolving the guidelines for comprehensive reporting in the rapidly changing field of corporate sustainability,” said Kevin Anton, Alcoa’s Chief Sustainability Officer. “Alcoa is a leader in sustainable business practices and this collaboration with GRI underscores our core belief that weaving sustainability throughout the enterprise creates a strategic business advantage for exceeding the expectations of customers, shareholders and partners around the world.”
“Alcoa has been reporting on its sustainability performance since 2002, and using the GRI framework since that time. Along with GRI and the Global G4 Consortium partners, Alcoa recognizes the importance of transparent and robust reporting, which allows a wide variety of stakeholders to have a deeper understanding of a company’s economic, environmental and societal impact,” Anton said.
“Alcoa will join other leading global companies to help guide us on the journey to improve and develop the next set of GRI Guidelines,” said Nelmara Arbex, Deputy Chief Executive of the Global Reporting Initiative. “Through the support of our corporate sponsors, G4 will enable more companies to provide their stakeholders with robust, relevant information about sustainability performance.”
The G4 Guidelines will be published in 2013 and will replace the G3 and G3.1 guidelines currently in use by organizations around the globe.
