There are many reasons why GRI reporting benefits an organization. GRI reporting encompasses many elements using the
Question:
There are many reasons why GRI reporting benefits an organization. GRI reporting encompasses many elements using the triple bottom line. Organizations who complete GRI reporting have more transparency, credibility, along with accountability. Reporting can assist organizations with gaining insights on current organizational conditions and allowing for future strategic development. Without this type of reporting, the growth of an organization may become stagnant and stakeholders, including employees, investors and clients can become disinterested. In addition, GRI reporting takes environmental matters into consideration and so, organizations who report on these metrics will be motivated to continue to reduce their waste, carbon emissions and water and expand on their environmental innovations. By following the reporting guidelines, organizations will be able to attract more diverse clients and employees.
Do you agree with paragraph above? if yes explain