What does GSSB stand for?

The Global Sustainability Standards Board, or GSSB, is a body formed to develop and maintain the Global Reporting Initiative's (GRI) sustainability reporting standards. These standards provide organizations with a framework for reporting on their economic, environmental, and social impacts, enhancing transparency and accountability in sustainability performance. The GSSB specifically focuses on promoting systematic approaches to sustainability reporting, which is essential for organizations to communicate their contributions towards sustainable development effectively. By facilitating the development of standards, the GSSB plays a critical role in guiding organizations in their sustainability efforts, helping them to adhere to international best practices. This focus on sustainability aligns with the increasing global emphasis on responsible business practices and corporate accountability.