November 6, 2017

Are you compliant with GRI 301 for Material Usage?

What is material management?
Looking at the material consumption involved, the inputs used to manufacture and package an organisation’s products and services can be both non-renewable materials, and/or renewable materials.
The type and amount of materials an organisation uses can indicate its dependence on natural resources, and the impacts it has on their availability. This reflects an organisation’s contribution to resource conservation can be observed by how they approach recycling, reusing and reclaiming materials, products, and packaging processes.
What is GRI?
The Global Reporting Initiative (GRI) is an international independent standards organisation that helps businesses, governments and other organisations understand and communicate their impacts on issues such as climate change, human rights and corruption.
The GRI Standards are the first global standards for sustainability reporting. They feature a modular, interrelated structure, and represent the global best practice for reporting on a range of economic, environmental and social impacts.
Does this affect me and my company?
If your company has a requirement around sustainability and reporting on economic, environmental and social impacts then the answer is yes!
What is GRI 301?
GRI 301: Materials 2016 sets out reporting requirements on the topic of materials. This Standard can be used by an organisation of any size, type, sector or geographic location that wants to report on its impacts related to this topic.

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