What type of approach does GRI advocate for when it comes to sustainability?

The Global Reporting Initiative (GRI) promotes a holistic approach to sustainability that integrates social, environmental, and economic factors. This comprehensive framework is essential for organizations striving for sustainable development, as it ensures that they consider the full range of impacts their operations may have on society and the environment, in addition to economic performance.

This integration is fundamental because sustainability is inherently multi-dimensional. It involves not only the economic viability of a company but also its social responsibilities and environmental stewardship. By advocating for this holistic approach, GRI encourages organizations to engage with all stakeholders and recognize the interconnections between these factors in their reporting and decision-making processes.

The other options suggest a more limited or reactive perspective that does not align with GRI's vision. A purely economic approach would neglect social and environmental dimensions, while a narrow focus on production efficiency disregards broader implications for sustainability. Similarly, a reactive approach to stakeholder concerns would fail to incorporate proactive strategies that encompass long-term sustainability goals.