The Global Reporting Initiative (GRI) and the Reporting and Assurance Frameworks Initiative (RAFI) have signed a Memorandum of Understanding (MoU) to underline their mutual commitment to advancing meaningful corporate human rights reporting.
RAFI is a recently launched initiative focused on the development of public, non-proprietary frameworks to guide companies in reporting on their implementation of UN Guiding Principles on Business and Human Rights (UNGPs), and to guide assurance providers on the assurance of those reports. The project is based on an open and multi-stakeholder consultative process, overseen by an Eminent Persons Group and facilitated by a project team comprised of Shift, Mazars, and the Human Rights Resource Centre for ASEAN.
GRI and RAFI say the MoU reflects their joint commitment to identify opportunities for the language of the reporting and assurance frameworks to dovetail with the GRI Sustainability Reporting Guidelines. Human rights disclosure has been embedded in the Guidelines since the G3.1 version was released in 2011, and G4, the fourth generation of the Guidelines, includes key elements of the UNGPs.
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