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BSR Releases New Report for the GRI: 'Reporting on Economic Impacts'
Business for Social Responsibility (BSR) has released a new report that reviews how well the Global Reporting Initiative (GRI) Economic Performance Indicators have been applied by 33 companies, including GE, McDonald’s, Novo Nordisk [part of Novo Group], Shell, Starbucks and Toyota... "Economic impact is not about changes in the financial health of the organization itself," explains Dunstan Hope, a BSR Director in Advisory Services. "For example, a company may impact on the economic well being of employees or local communities; and through the sale of its products and services may impact on the productivity, competitiveness or growth of a national economy..."