The Dow Chemical Company (NYS: Dow) recently published its “2011 Global Reporting Initiative (GRI) Sustainability Report” with UN Global Compact Communication on Progress. For the fifth year in a row, the report achieved an "A+" designation for reaching the highest level of completeness and assuring stakeholders of the report's accuracy through verification by an external third-party. Dow utilizes GRI's reporting guidelines to communicate the Company's sustainability efforts and achievements. Through a consistent and balanced summary on progress on Dow's 2015 Goals, this report underscores the Company's commitment to addressing social and environmental challenges through chemistry and innovation.
"This year, we reported to the expanded requirements of the GRI 3.1 format," said Mark Weick, Dow's director of Sustainability Programs. "We also made the report more engaging for readers with enhanced graphics and navigation options, including the ability to navigate by materiality. We continue to have the report assured by a third party."
For the fifth year in a row, the report achieved an "A+" designation. The "A" signifies that the report reaches the highest level of completeness and the "+" assures stakeholders of the report's accuracy through verification by an external third-party. The GRI framework assists reporters in basing their communication on the following principles: balance, comparability, accuracy, timeliness, clarity and reliability.
GRI is the globally recognized sustainability reporting framework with a mission to make sustainability reporting a standard practice for all organizations. This year marks the eighth time Dow has published a report using the GRI framework.
A summary of the report is also available, which highlights 2011 progress and many of the metrics used to track Dow's 2015 Sustainability Goals.
31 July, 2012.