ISWA

Global Reporting Initiative's Waste Standard Exposure Draft is Out for Public Comment

Global Reporting Initiative (GRI) is the independent international organization that helps businesses, governments and other organizations understand and communicate their sustainability impacts. The draft Standard will update GRI 306: Effluents and Waste 2016.

2 May 2019 -

Amsterdam, 1 May 2019 – In the face of a growing global waste crisis, new corporate reporting disclosures are being developed to help organizations better understand and communicate their waste impacts.

 

International recognition of the need for action on waste is increasing. The scale of the issue – from the effect of plastics in marine ecosystems to the mounting disconnect between food waste generation and global hunger – illustrate why businesses and other organizations need to play their part by improving waste management practices.

 

It is in this context that a draft GRI Waste Standard is under development, which is now open for a 75-day public comment period. Global Reporting Initiative (GRI) is the independent international organization that helps businesses, governments and other organizations understand and communicate their sustainability impacts.

 

ISWA Managing Director, Arne Ragossnig, answered the public call for the Project Working Group members at GRI acting on behalf of ISWA, becoming one of the international multi-stakeholder project experts. “Besides experts in sustainability reporting from various producing sectors, the waste sector and also experts from the financial sector, ISWA´s role was to provide an objective perspective of a non-profit association envisioning improvement of the waste management all over the globe,” commented ISWA Managing Director.

 

Updates in the draft Standard developed in the past six months include:

  • A fundamental shift in the perception of waste – from an unwanted burden to a source of valuable materials
  • Greater emphasis on how decisions on procuring and using materials relate directly to waste generation and waste quality
  • New disclosures to understand how discarded waste has been created and the significance of this impact
  • Recognition of an organization’s impacts in the value chain and reporting how this is managed

View the brochure summarizing key features of the draft Standard and opportunities to get involved.

 

Judy Kuszewski, Chair of the GRI Global Sustainability Standards Board, said, “The draft GRI Waste Standard recognizes that our linear, ‘take-make-waste’ approach is contributing towards a global waste crisis. As the world moves towards a more circular economy, in which we treat waste as an input material for production, a new approach to reporting is needed.

 

This Standard will help companies better understand and measure their waste impacts, disclosing reliable and comparable data that ultimately supports better decisions. It also encourages creativity and lateral thinking – something that’s needed to tackle the issue internationally. 

 

Our public comment period is now open for contributions from anyone - irrespective of sector, type of business or region – to inform the development of the Waste Standard and help us ensure it is fit for purpose and as relevant as possible.” 

 

How to submit your comments

 

The public comment period on the exposure draft of GRI 306: Waste is open until 15 July 2019. To provide feedback, visit the website and comment.

 

Contact


Tom Whittles – GRI Senior Media Relations Manager

Email: whittles(at)globalreporting.org

Telephone: +31 (0)20 531 0028

Mobile: +31 (0)6 303 99531

 

 


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