Compare and contrast different local and international sustainable reporting frameworks in terms of Australia.

Expert Solution

There are 5 top peporting frameworks:

GRI

CDP

DJSI

GRESB

SASB

GRI is used in Australia for Sustainable Reporting.

FRAMEWORK	STANDS FOR	AIM	WHY REPORT	SCORES	ENTITIES COVERED	PERIOD OF REPORTING
GRI	Global Reporting Initiative	It focuses on CSR activities focusing on environment, socity and governance. It focuses on engaging stakeholders to keep a check on materiality.	Official reporting standard of the UN Global compact.	No true Scoring	Public aand private companies, cities, government agencies, NGO, hospitals, universities.	Traditionally in the annual report
CDP	Carbon Disclosure Project	Greenhouse gases emissions, water and forestry issues	Backed by more than 80 institutional investors, transparent methodology and regarded as mosst credible rating	Scores are given using 100 point scale and top scoring companies are taken in CDLI	Public aand private companies, cities, government agencies, NGO.	Usually Feb-July
DJSI	Dow Jones Sustainability Indexes	Materiality to investors, economic, environmental and social factors	Represents top 10% of the companies on S&P index and second most credible framework.	scored between 0-100. Those scring in top 10% are included in index.	2500 largest public companies of world	April 3- May 28
GRESB	The Global Environmental, Social and Governance Benchmark for Real Assets	Disclosures on Environmental, social and governance of real estate sector.	Gives deeper and accurate information about industry and investment grade results.	Scored out of 140.5 points and heavy weights to asset performance.	Real Estate parties.	April 1 - June 30
SASB	Sustainability Accounting Standards Board	Only validates for US companies and focus on material disclosures to investors.	Comparison with benchmarks is enabled.	No scoring system.	No one till now.	Quarterly 10-K filings

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