CRIF is pleased to announce that in July it obtained a prestigious Global Reporting Initiative (GRI) license, marking a significant step forward 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 having revolutionized 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
Obtaining a GRI license for the Synesgy platform offers CRIF several strategic advantages that enhance the quality of its 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 the transparency and accuracy of the ESG data collected and analyzed through Synesgy, enhancing user confidence in the assessment process.
• Comparability Across Sectors and Countries: GRI standards allow straightforward comparisons of ESG performance between organizations, regardless of the sector or geographic location, providing standardized information for more informed decision making.
• Regulatory Support and Reputation Enhancement: With increasing regulatory pressure and the demand for transparency in business practices, the GRI license positions CRIF and its Synesgy platform as a leader in the ESG field, while also helping clients meet sustainability compliance requirements.
Thanks to the GRI license, CRIF has strengthened its leadership position in ESG assessments, offering cutting-edge tools that respond to the growing global demand for transparency, accountability, and sustainability. By adopting the most rigorous standards, CRIF and Synesgy can support organizations worldwide in improving their ESG performance and making responsible, informed decisions.