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CITY CLERK Clause embodied in Report No. 2 of the Economic Development and Parks Committee, which was before the Council of the City of Toronto at its meeting held on April 16, 17 and 18, 2002.1 2008
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The Global Reporting Initiative (GRI) Standards is a widely recognized corporate accountability framework that provides guidelines for organizations to report on their economic, environmental, and social impacts.
Publicly listed companies, large corporations, and entities that want to ensure transparency in their sustainability practices and stakeholder reporting are typically required to file reports using a corporate accountability framework like the GRI.
To fill out the GRI Standards, an organization must gather relevant data across various sustainability metrics, engage stakeholders to inform the reporting process, and structure the report according to the GRI guidelines, ensuring it includes indicators related to their financial, environmental, and social performance.
The purpose of a corporate accountability framework like the GRI is to enhance transparency, promote sustainable practices, and allow stakeholders to understand an organization's impact on the economy, society, and the environment.
Organizations must report information on governance structure, sustainability strategy, stakeholder engagement, material issues, performance indicators across economic, environmental, and social factors, and any targets or goals set.
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