The Global Reporting Initiative (GRI) has released the first global sustainability reporting standard for all companies in the production of crops, animals, and seafood for disclosure of shared economic, environmental, and social impacts.
GRI is an initiative organized by the Global Sustainability Standards Board, an independent, international organization that provides standards for sustainability reporting. The GRI standards are designed to aid companies in reporting on their economic and environmental impacts and their contribution toward sustainable development. The standards are designed to push companies to make connections between their impacts and the 17 United Nations Sustainable Development Goals.
GRI 13: Agriculture, Aquaculture, and Fishing Sectors 2022 was released on 28 June, 2022 and is one of the 40 planned GRI sector standards. It calls for companies operating in the agriculture, aquaculture, and fisheries sectors to make disclosures on their efforts to improve food security, land use and resource rights, wages and income, natural ecosystem conversion, animal welfare, soil health, and pesticide use. It also pushes companies to study the impact of their actions in causing biodiversity loss, and their work on climate adaptation. GRI 13 will come into effect for reporting 1 January, 2024.