The U.S. Green Building Council (USGBC) has become a member of the Global Reporting Initiative’s (GRI) global network of organizations and companies that are promoting transparency, accountability and sustainable development as it joined the organization as an Organizational Stakeholder (OS).
The Global Reporting Initiative (GRI) drives sustainability reporting by all organizations, producing a
comprehensive Sustainability Reporting Framework that is widely used around the world to enable greater organizational transparency. The Framework, including the Reporting Guidelines, sets out the Principles and Indicators organizations can use to measure and report their economic, environmental, and social performance.
GRI is said to be the world’s “most widely used corporate social responsibility reporting mechanism” as it
is working with the United Nations, governments and many prominent companies.
“Building performance metrics and reporting is crucial to our movement,” said Scot Horst, Senior Vice
President of LEED, USGBC.
“Data collection and reporting allows us to optimize the performance of our buildings in a transparent and teachable way. By working with GRI, USGBC can remain on the front lines of performance reporting technology, and offer state-of-the-art tools and procedures to our green building community.”
“We are honored to have USGBC become an Organizational Stakeholder of GRI. There is already a tremendous overlap in our efforts, in addition to the wide range of organization with whom we both work. We look forward to increasing this overlap as we work together to create a sustainable global economy,”
said Mike Wallace, Director, Focal Point USA.
The participation around transparency in sustainability broadens with the GRI OS program that provides legitimacy to the process of reporting on triple bottom line efforts.
As an Organizational Stakeholder, USGBC will help to improve and shape the parameters of GRI’s Reporting Framework.
“USGBC and GRI share a vision of a global community that can sustain the health and vitality of all people, environments and economies,” USGBC said.
“Both organizations recognize the importance of defining and measuring our success and progress. USGBC and GRI are also aligned in respective missions to promote transparency and transform standard practices in the marketplace in order to perform in a profitable, socially and environmentally responsible manner.”
USGBC said it has long “recognized the value and power of voluntary reporting systems to drive market transformation toward a sustainable future.”
FOr example, the LEED rating system has been an important tool to prod the community on improving the built environment.
Sustainability reporting is a crucial element of the green building process and the building industry, and USGBC expects to be involved in the multi-stakeholder development and adoption of sustainability reporting measures.