The Global Reporting Initiative (GRI) developed its framework to be the world’s most widely used sustainability reporting tool. Its aim is to make sustainability reporting as routine and comparable as financial reporting is by all organizations—not just MFIs or even just financial institutions. The framework sets out principles and indicators that organizations can use to measure and report their economic, environmental, and social performance.

The GRI uses a set of core metrics designed to be applicable to all business enterprises, sector-specific metrics for various types of enterprises (e.g., those in the financial sector), and a uniform format for reporting information on a company's sustainability performance. The third generation of the GRI, the G3, consists of principles and disclosure items (the latter includes performance indicators).
• The principles help enterprises define the content and quality of a sustainability performance report, as well as its scope. They include principles such as materiality, stakeholder inclusiveness, comparability, and timeliness.
• Disclosure items include disclosure of management issues, as well as performance indicators themselves.

The G3 is the foundation of the GRI Reporting Framework. Other components, such as sectoral supplements and national annexes, respond either to the needs of specific sectors or national reporting requirements.

Outputs
The GRI does not produce a standard report. Reporting is structured around a CEO statement; key environmental, social, and economic indicators; a profile of the reporting entity; descriptions of relevant policies and management systems; stakeholder relationships; management, operational, and product performance; and a sustainability overview.

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