CDP, GRI and others urge UN countries to uphold double materiality requirements
"Now is the time to strengthen the foundations of a global sustainability reporting system that serves businesses, society and the environment."
A coalition of 11 sustainability reporting organisations including CDP and GRI are urging UN member states to uphold a requirement for companies to conduct a double materiality assessment in their upcoming reform of financing for development.
The letter – signed by GRI, B Lab, B Lab Switzerland, Capitals Coalition, CDP, Danish Institute for Human Rights, GSG Impact, International Trade Union Confederation, Social Value International, Shift, UNI Global Union, and the World Benchmark Alliance – comes as UN negotiators meet in New York to prepare for the Financing for Development conference (FfD4) later this year.
