When 17 socially responsible investment firms of the Social Investment Forum issued a joint recommendation that public companies adopt the sustainability reporting standards of the Global Sustainability Initiative, they foresaw not only better reporting, but new opportunities for auditors.
Speaking for the forum in a multinational teleconference, Dave Stangis, director of corporate responsibility at Intel, said that as the Global Reporting Initiative guidelines become the de facto international standard on sustainability reporting, their use is likely to become more widely demanded.
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