The International Financial Reporting Standards Foundation and GRI have issued a joint statement explaining how reporting entities can use GRI Standards and the International Sustainability Standards Board's standards together for sustainability reporting. The statement is intended for entities that choose or are required to apply both frameworks, and it says disclosures prepared under the two sets of standards can be complementary while serving distinct purposes for investors and other stakeholders. The document sets out the common disclosures that GRI's Global Sustainability Standards Board and the International Financial Reporting Standards Foundation's International Sustainability Standards Board have been working to align, and identifies areas where the organisations are continuing to cooperate to support more efficient reporting. It builds on collaboration that began in 2022 and was agreed after a meeting between ISSB Chair Emmanuel Faber and GSSB Chair Susanne Stormer.
International Financial Reporting Standards Foundation2026-05-26
International Financial Reporting Standards Foundation and GRI issue statement on combined use of GRI and ISSB Standards
The International Financial Reporting Standards Foundation and the Global Reporting Initiative issued a joint statement on using GRI Standards and International Sustainability Standards Board standards together, noting that resulting disclosures can be complementary while serving distinct purposes. The statement outlines common disclosures the Global Sustainability Standards Board and the International Sustainability Standards Board have aligned and highlights ongoing cooperation to support more efficient reporting.