Climate research provider and environmental disclosure platform CDP and The Global Reporting Initiative (GRI) announced today the release of GRI-CDP mapping, a new tool aimed at enabling companies to connect data requirements for climate and energy-related disclosures across each organization’s frameworks, to help avoid duplication and advance the consistency of reporting.
CDP runs a global environmental disclosure system, enabling investors and other stakeholders to measure and track organization’s performance in key environmental sustainability areas including climate, forests, and water security. In 2024, a record of more than 22,700 companies disclosed through CDP, up 8% over the prior year.
GRI Sustainability Reporting Standards are one of the most commonly accepted global standards for sustainability reporting by companies, developed to enable consistent reporting across companies and industries, providing clearer communication regarding sustainability matters to a broad range of stakeholders, including investors.
Earlier this year, the GRI released its new finalized Climate Change (GRI 102) and Energy (GRI 103) standards, aimed at enabling companies to disclose on climate-related and energy management issues and impacts, and on how they are managing those impacts.
The new mapping exercise tracks how disclosures under the new GRI climate and energy standards can be used to align with CDP’s environmental datapoints, providing clarity on where the two frameworks complement and converge, and allowing organizations to utilize the same data across both disclosure systems.
Amir Sokolowski, Director of Climate at CDP, said:
“We’re pleased to launch this mapping with GRI – an important step towards more consistent and effective environmental disclosure. Through CDP, and with the support of this new tool, companies can report GRI-aligned data directly to stakeholders and the global market, easing the reporting burden while strengthening access to high-quality, comparable information.”
The release of the new mapping tool follows the launch of a cooperation agreement between the CDP and GRI last year, aimed at boosting collaboration and aligning their reporting standards to help ease sustainability reporting for companies and improve access to data on corporate environmental impacts.
The announcement marks the latest in a series of actions by both organizations to strengthen the alignment of their reporting frameworks with other sustainability disclosure standards and systems, including the release earlier this year by CDP and EFRAG of correspondence mapping between the CDP question bank and the EU’s ESRS climate standard, and it earlier alignment with the IFRS’ climate disclosure standard, as well as the GRI’s own collaborations with the IFRS and EFRAG to improve interoperability.
Harold Pauwels, GRI’s Director of Standards, said:
“This mapping tool is a new milestone in the cooperation of GRI and CDP, and will help entities to use the same data for different information purposes like the CDP questionnaire and GRI sustainability reporting. It directly addresses the needs expressed by reporting organizations implementing the GRI Standards for Climate Change, Energy and Biodiversity, who were seeking clearer guidance and alignment to smoothen their reporting journey.”
Click here to access the GRI-CDP mapping.
