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Showing posts from November, 2017

A year after launch of GRI standards - Where do we stand?

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GRI replaced the old G4 Guidelines with the latest GRI standards on October 19th, 2016, developed through multi-stakeholder processes.  There were 28 launch events spanning across 25 counties.  The events were all held between October 2016 and September 2017, bringing together  Sustainability reporting consultant ,  Environmental Consultant , and other professionals within this field.  A majority of the professionals who attended the events said the standards will help support and improve the quality of reporting.  More than 150 organizations have joined the Standards Pioneer program, showing their support to the GRI Standards and future of sustainability disclosure. For some, transitioning to the Standards supports their broader reporting efforts.  The Standards consist of a modular, interrelated structure, and represents the global best practice for reporting on a range of economic, environmental, and social impacts.  GE3S as a  sustainability reporting consultant   by follows

Materiality statement is key to sustainability reporting

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Sustainability Reporting is a critical step to achieve a smart and inclusive growth with long-term profitability and environmental care. GE3S is a leading  Sustainability Consultancy Dubai and Abu Dhabi . For the stakeholder, transparency encompasses a systematic process for improving performance and sustainability reporting practices. It enables companies to measure, monitor and manage their impact on society, the environment, and the economy. For this to be useful, a company should meet with the Sustainability reporting consultant writing the report and categorize the main impacts that influence the assessments and decisions of stakeholders. Material topics for a reporting organization should include those topics that have a direct or indirect impact on its ability to create value for the three pillars of Sustainability. Materiality in dealing with Sustainability reporting differs from Financial reporting. In financial reporting, materiality is commonly thought of as a threshold fo

LEED Rating System

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Leadership in Energy and Environmental Design (LEED) is the most widely used Green building rating system in the world. LEED certification for a building symbolizes how sustainable the building is throughout its life cycle in terms of resource use, energy efficiency and conservation, water efficiency and choice of building materials. LEED rating system focuses on eight credit categories namely (i) Location & Transport, (ii) Sustainable Sites, (iii) Water Efficiency, (iv) Energy & Atmosphere, (v) Materials & Resources, (vi) Indoor Environmental Quality, (vii) Innovation and (viii) Regional Priority. Each of these credit categories consists of prerequisites and credit points required to achieve LEED rating. The LEED rating for a building can be achieved in four levels namely 1. Certified: 40-49 credit points; 2. Silver: 50-59 credit points; 3. Gold: 60-79 credit points; 4. Platinum: 80+ credit points. Benefits of LEED Rating System Sustainable buildings are