GRI and CSE to support companies to start sustainability reporting

The Colombo Stock Exchange (CSE) entered into an understanding with Global Reporting Initiative (GRI) in 2018 to foster effective sustainability performance and communication among the listed companies. 

The CSE and GRI, through multiple engagement initiatives, have facilitated Sri Lankan listed companies to discover the business case and importance of embracing sustainability reporting. The collaboration offered the CSE an opportunity to deliver internationally renowned ESG reporting expertise and know-how to Sri Lanka. 

GRI pioneered sustainability reporting in the late 1990s and has since become the globally accepted standard for enabling business, governments and other organisations to understand and communicate their impacts on critical sustainability issues. Any organisation can use the GRI Standards to report on its impacts. The information produced by GRI reporting is highly relevant to many stakeholders, including investors, policymakers and capital markets.

As part of the collaboration with the CSE, GRI is looking to support companies in Sri Lanka with the help of a consultant to take them through the process of preparing a GRI-based sustainability report. 

The GRI and CSE in collaboration with a consulting organisation will provide technical support free of any cost to the selected companies to enable them to prepare a GRI Standard-based report. Companies that wish to avail themselves of this opportunity to join this exclusive programme are requested to  write to the CSE requesting access to a  selection survey that must be completed by sending an email to [email protected] before March 16, 2022. 

The programme is exclusively for companies that are not using or referring to GRI Standards.