Current main sustainable development reporting frameworks include:
Reporting framework of the Global Reporting Initiative (GRI): GRI's set of standards includes: 3 global standards (Universal Standards) applicable to all organizations and businesses; The 33 standards relate to specific content and are divided into three groups: Economy, environment, and society. Organizations and businesses only select and use relevant standards based on key areas.
Reporting framework of the International Integrated Reporting Council (IIRC)
Standard Sustainability Reporting Board (SASB) reporting framework
Reporting framework of the United Nations Global Compact (UN Global Compact)
In Vietnam, the Vietnam Business Council for Sustainable Development (VBCSD) under VCCI has developed the CSI 2022 index set with 130 indicators. CSI is considered a tool to support sustainable corporate governance, helping businesses self-assess their "health" in economic, social and environmental aspects. Using CSI also supports businesses in implementing an ESG assessment framework.
Additional support for current major sustainability reports Email to: [email protected]
In my opinion, choosing the right framework is the main problem. But if you choose it once you should use it 5-year period of time. It will give a chance to the society and investors to decide whether to invest or not.