IFC and Global Reporting Initiative Launch Guide on Gender and Sustainability Reporting
In Washington, D.C.:
Katia Theriault, IFC
Phone: (202) 458 9704
E-mail: ktheriault@ifc.org
In Amsterdam:
Scott McAusland, GRI
Phone: +31 20 531 0000
E-mail: mcausland@GlobalReporting.org
Kuala Lumpur, October 27, 2009—IFC, a member of the World Bank Group, and the
Global Reporting Initiative today launched a practitioner’s guide to help
organizations worldwide create opportunities for women, adopt best practices in
sustainability reporting, and improve companies’ bottom lines.
Unveiled at the CSR Asia Summit 2009 in Kuala Lumpur, Malaysia, Embedding
Gender in Sustainability Reporting demonstrates the value of creating business
opportunities for women, provides guidance on improving gender management
through sustainability reporting, and helps improve the quality and scope of
gender reporting.
Greg Radford, IFC Director for Environment and Social Development, said “At IFC
we are committed to better integrating gender issues in our work and as this
guide shows. Rewards from measuring gender practices and taking action
accordingly can come in all shapes, from better staff morale to increased
productivity. It can result in greater recognition in the marketplace, more
support from local communities, increase in sales, better access to export
markets, and attraction of new investments.”
The publication complements the GRI’s innovative Sustainability Reporting
Framework, the most widely used and recognized global framework for
nonfinancial reporting. The GRI framework links elements of effective
sustainability management systems with indicators that can drive continuous
improvement of company performance.
Ernst R. Ligteringen, GRI’s Chief Executive, said, “We are delighted to be able
to provide companies with practical, hands-on guidance on how to measure and
disclose their performance on gender, enabling them to embed gender issues
within their reporting on corporate economic, environmental, and social
performance.”
A range of stakeholders were involved in the production of this report, many of
whom read and prepare sustainability reports. Their feedback was collected
during a series of international consultation workshops with business, civil
society, investors, and labor representatives. A diverse, high-level advisory
group also was established to support the development of this publication, with
the governments of Germany, Iceland, and Switzerland acting as lead sponsors.
To learn more about IFC’s gender program, visit http://www.ifc.org/gender.
About IFC
IFC, a member of the World Bank Group, creates opportunity for people to escape
poverty and improve their lives. We foster sustainable economic growth in
developing countries by supporting private sector development, mobilizing
private capital, and providing advisory and risk mitigation services to
businesses and governments. Our new investments totaled $14.5 billion in fiscal
2009, helping channel capital into developing countries during the financial
crisis. For more information, visit www.ifc.org.
About the Global Reporting Initiative
The Global Reporting Initiative has pioneered the development of the world’s
most widely used sustainability reporting framework and is committed to its
continuous improvement and application worldwide. This framework sets out the
principles and indicators that organizations can use to measure and report
their economic, environmental, and social performance. For more information,
visit www.globalreporting.org.
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