The Global Reporting Initiative (GRI) continues to lead in sustainability reporting by developing standards that reflect the evolving regulatory landscape and the growing expectations of diverse stakeholders. Central to its latest efforts is the introduction of sector-specific standards, with the insurance sector now receiving dedicated attention.

GRI operates as an independent standard setter, offering a globally recognised framework for sustainability reporting. Approximately 80% of the world’s largest 250 companies use GRI standards, highlighting their widespread adoption. These standards are voluntary and designed to address the impacts organisations have on the economy, environment, and society, extending well beyond financial disclosures.

The GRI framework includes universal standards, topic standards, and now sector standards. Sector standards aim to streamline sustainability reporting by providing tailored guidance for organisations within specific industries. They are especially beneficial for sectors with high impact, such as financial services, extractive industries, and agriculture…