CRIF is pleased to announce that in July it obtained the prestigious license from the Global Reporting Initiative (GRI), marking a significant advancement in its commitment to providing accurate and standardized ESG (Environmental, Social, and Governance) assessments. This achievement was made possible with the integration of globally recognised sustainability reporting standards into CRIF's Synesgy platform, ensuring greater consistency, transparency, and credibility in the data offered to investors, companies, and other stakeholders.
What is GRI?
The Global Reporting Initiative (GRI) is an international non-profit organization founded in 1997, known for revolutionizing how companies report their sustainability performance. GRI's mission is to establish a universal reporting standard that enables the collection of comparable and verifiable sustainability data, thereby promoting greater corporate accountability. GRI standards are used by thousands of companies and institutions worldwide, providing a comprehensive and transparent approach to reporting on environmental, social, and governance issues.
Strategic Advantages of the GRI License for CRIF
The acquisition of the GRI license for the Synesgy platform brings several strategic advantages that enhance the quality of CRIF's services and strengthen its position in the global ESG assessment market:
- Alignment with International Standards: The adoption of GRI standards ensures that the ESG assessments provided by the Synesgy platform are based on internationally recognized criteria, increasing their credibility and value for stakeholders.
- Transparent and Reliable Data: With the GRI license, CRIF can guarantee transparency and accuracy in the ESG data collected and analyzed through Synesgy, enhancing users' trust in the assessment process.
- Comparability Across Sectors and Countries: GRI standards allow for straightforward comparisons of ESG performance among organizations, regardless of sector or geographic location, providing standardized information for more informed decision-making.
- Regulatory Support and Reputation Enhancement: With increasing regulatory pressure and demand for transparency in business practices, the GRI license positions CRIF and its Synesgy platform as leaders in the ESG field, while also helping clients meet sustainability compliance requirements.
Thanks to the GRI license, CRIF reinforces its leadership in ESG assessments, offering cutting-edge tools that respond to the growing global demand for transparency, accountability, and sustainability. By utilizing the most rigorous standards, CRIF and Synesgy will support organizations worldwide to improve their ESG performance and make responsible, informed decisions.