The Global Reporting Initiative (GRI) standards are the world’s most widely adopted sustainability reporting framework. GRI has recently released an exposure draft of a standard on tax reporting, including a requirement for companies to publish almost all of the BEPS Action 13 country by country (CBC) reporting template. This is significant because many companies are already committed to publishing sustainability reports ‘in accordance’ with GRI, but few have so far been convinced of the case for public CBC. The GRI’s Global Sustainability Standards Board invites comments on the exposure draft of the standard by 15 March 2019.
The Global Reporting Initiative (GRI) standards are the world’s most widely adopted sustainability reporting framework. GRI has recently released an exposure draft of a standard on tax reporting, including a requirement for companies to publish almost all of the BEPS Action 13 country by country (CBC) reporting template. This is significant because many companies are already committed to publishing sustainability reports ‘in accordance’ with GRI, but few have so far been convinced of the case for public CBC. The GRI’s Global Sustainability Standards Board invites comments on the exposure draft of the standard by 15 March 2019.