We are seeking five senior individuals of integrity and high reputation to join GRI’s inaugural Due Process Oversight Committee (DPOC). The DPOC has primary responsibility for ensuring that the standard-setting activities of theGlobal Sustainability Standards Board (GSSB) are conducted in accordance with its due process, in order to increase public and stakeholder confidence that the standards are responsive to the public interest.
Companies worldwide will have to navigate through new CSR requirements. In India, for instance, the India Companies Act, a legislation passed into law in 2013, mandates that companies of a certain size donate 2 percent of their net profits generated by the Indian entity to social impact initiatives.
The unprecedented Paris climate accord is expected to bring additional focus on most or all sustainability initiatives by companies, and require additional tracking and reporting efforts. The Paris climate accord includes commitments from 186 of the 195 signatory countries to cut or limit the growth of greenhouse gas emissions, as well as more transparent reporting. These countries, in turn, are expected to place additional requirements on companies to reduce their overall carbon footprint.