Which reporting formats does the GRI Standards support?

The Global Reporting Initiative (GRI) Standards are designed to provide organizations with a comprehensive framework for sustainability reporting, which incorporates both qualitative and quantitative elements. By supporting both qualitative narratives and quantitative data presentations, the GRI Standards allow organizations to effectively communicate their sustainability performance and impacts in a holistic manner.

Qualitative narratives provide context and insight into the values, challenges, and strategies of an organization, offering a narrative that helps stakeholders understand the significance of various sustainability efforts. On the other hand, quantitative data presentations allow organizations to present measurable outcomes and performance metrics, making it easier to assess progress against set targets and indicators. This dual approach enhances the transparency and credibility of sustainability reports, enabling better stakeholder engagement and informed decision-making.

The other options are limited in their scope, focusing either solely on narratives or on visual formats, which would not fully capture the comprehensive reporting needs defined by GRI. Thus, the correct answer reflects the GRI's commitment to inclusive and versatile reporting formats that cater to diverse stakeholder needs.