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- Streamlined climate reporting: GRI 102 and 103 align with global frameworks like the GHG Protocol and IFRS S2, enabling comparable, science-based disclosures.
- Broader accountability: The standards include ‘just transition’ metrics, covering social impacts on workers, communities, and Indigenous Peoples.
- Corporate action catalyst: Designed to drive decision-useful transparency for investors, regulators, and executives aiming for real climate impact.
The Global Reporting Initiative (GRI) has unveiled two new sustainability reporting standards—GRI 102: Climate Change and GRI 103: Energy—to drive corporate accountability and accelerate climate action.
“These new GRI Standards are unique in bringing together the human and environmental dimensions of climate change,” said Robin Hodess, GRI CEO, at the launch during London Climate Action Week. “They will enable transparency and action on climate and energy impacts that drives decision-making by companies, regulators, investors and other stakeholders.”
GRI 102: Climate Change emphasizes science-based emissions reductions as the cornerstone of mitigation efforts. It sets out clear disclosure expectations aligned with global climate goals and includes ‘just transition’ metrics to capture the social impacts of climate strategies—especially on workers, Indigenous Peoples, and communities.
GRI 103: Energy offers a comprehensive view of corporate energy impacts, focusing on the use of renewable and non-renewable sources, decarbonization plans, and energy efficiency outcomes. It positions responsible energy management as essential to any climate strategy.
Both standards are aligned with authoritative global instruments, including the Greenhouse Gas Protocol, enabling a more streamlined and coherent reporting experience for companies. Notably, GRI 102 complements the IFRS S2 standard, allowing for integrated disclosures of climate-related risks and opportunities.
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Carol Adams, Chair of the Global Sustainability Standards Board (GSSB), emphasized:
“GRI 102 and 103 support organizations to disclose their climate change impacts in a comprehensive and comparable way, including the impacts of transition and adaptation plans. This is essential to advancing a cohesive and effective global system for climate reporting.”
As climate risks intensify, the GRI Standards position transparency and accountability as the foundation for effective corporate climate response—bridging sustainability action with investment-grade insight.
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