GRI has proposed revisions to its ‘Economic Performance Standard’ (GRI 201), which would be renamed ‘Monetary Flows’.
The revised standard would include:
- A new management disclosure on a company’s approach to generating and distributing monetary flows
- A new topic disclosure on social financial indicators
- New requirements to report on retirement plans and benefits
- An updated disclosure on monetary flows generated and distributed
- An updated requirement to report on financial and in-kind assistance received by the company
- More extensive guidance, including an example template
The draft revised standard is open for consultation until 17 December. GRI will host webinars on the proposed updates to the standard on 14 and 15 October.
Companies:GRI
