GRI based sustainability reporting in India

The Global Reporting Initiative (GRI) is an organization that produces a comprehensive sustainability reporting framework that is widely used around the world. It started with a vision of a sustainable global economy where organizations manage their economic, environmental, social and governance performance and impacts responsibly and report transparently. GRI has a mission to make sustainability reporting standard practice by providing guidance and support to organizations. It’s about disclosure of organization’s economic, environmental, social and governance performance in credible way and subsequently helping them to identify business risks and opportunities to the organization due to these parameters.

Top 10 GRI based Sustainability Reporting Countries 2011
Top 10 Reporting Countries 2011

GRI provide framework to report organization’s sustainability performance. It is known as the sustainability reporting framework and consists of three parts – (1) Sustainability Reporting Guidelines, (2) Sector Supplements and (2) The Technical Protocol – Applying the Report Content Principles.  All it provide guidance on how organizations can disclose their sustainability performance in true manner. Organization of any size and type can use this framework to assess their performance indicators in economic, environmental, and social domain. Organization that creates their non financial report based on GRI sustainability reporting framework can be considered as credible output aligned with applicable standards and norms. Such report can be used to demonstrate organizational commitment to sustainable development. It can also qualitatively and quantitatively used to measure and compare organization performance based on environment, social and economic dimensions.

By September 2011, 43 corporate sustainability reports published by different organizations in India. TATA (Automotive) is pioneer in sustainability reporting in India. It has started reporting their sustainability performance from year 2001 based on GRI protocol. Following table shows the list of Indian companies with GRI based sustainability reports;

Sr. NoOrganizationSectorStarting Year 
1Mumbai International Airport Private LimitedAirport operator2012
2Ambuja CementsConstruction2011
3JSW SteelMetals Products2011
4Jubilant Industries LimitedChemicals2011
5Transport Corporation of India (TCI)Logistics2011
6UltraTech CementConstruction Materials2011
8Jain Irrigation SystemsAgriculture2010
12Multi Commodity Exchange of India (MCX)Financial Services2010
13Oil and Natural Gas Corporation (ONGC)Energy2010
14Small Industries Development Bank of India (SIDBI)Financial Services2010
15Sree Santhosh Garments (SSG)Textiles and Apparel2010
16Grasim IndustriesConstruction Materials2009
17Moser Baer IndiaOther2009
18V. S. Dempo & Co.Mining2009
19Wipro LtdComputers2009
20ABN AMRO INDIAFinancial Services2008
22Chemplast SanmarChemicals2008
23Dr. Reddy’s Laboratories IndiaHealthcare Products2008
24Indian OilEnergy Utilities2008
25Infosys Technologies IndiaComputers2008
26Larsen & ToubroConglomerates2008
30Sterlite IndustriesMining2008
31Tata MotorsAutomotive2008
32Tata TeaFood and Beverage Products2008
33Varroc EngineeringEquipment2008
34Tata Consultancy Services (TCS)Computers2007
35Sesa GoaMining2006
36Shree CementConstruction Materials2005
38Jubilant Life Sciences LtdChemicals2004
39Reliance Industries LimitedConglomerates2004
40Tata InternationalConglomerates2004
41Ford IndiaAutomotive2002
42Paharpur Business CentreCommercial Services2002
43Tata SteelMetals Products2002

Considering the importance of sustainability in businesses, Ministry of Corporate Affairs, Government of India has launched Corporate Social Responsibility Voluntary Guidelines (2009). This voluntary CSR Policy addresses six core elements – Care for all Stakeholders, Ethical functioning, Respect for Workers’ Rights and Welfare, Respect for Human Rights, Respect for Environment and Activities for Social and Inclusive Development. At this stage these are voluntary guidelines, but there is a possibility of mandatory guidelines too in the near future.

The companies with GRI based sustainability reports in India have started accounting and then disclosing their impacts on the environment and society.  Sustainability reporting is now becoming a standard practice for global companies and If Indian companies want to be a competitive with their global counterparts; need to adopt GRI based sustainability reporting framework positively.

Reference: Global Reporting Initiative (GRI)

16 thoughts on “GRI based sustainability reporting in India

  1. Unfortunately your list is not updated about the companies reporting to GRI. Reliance industries Limited has been reporting from last seven years and all reports externally assured with GRI A+ level.

    Dr. JD Desai
    Vice President (Environment)

    1. Thanks for the information. We will surely update the list of companies having GRI report soon. Thanks for letting us know. If you have any other opinions about the content, please let us know. Stay tuned with us for more information on the same topic.

    1. Hi, thanks for the comment. GRI Based sustainability reporting is based on stringent guidelines developed by GRI. Maximum assurance is given to the credibility of data and framework of reporting. Environmental and social responsibility of the organization is not depended on their GRI reports, indeed it’s just a platform to share its initiatives/actions on improving environmental and social issues. The best example is ITC (ITC has GRI based sustainability report). ITC ventured into wind energy generation with 14 MW capacity to serve the power demand of various units under its purview. In addition, ITC developed social forest project. Please click here to read case study on ITC green initiatives.

  2. Could you share a link of the updated list of companies doing GRI based sustainability reports in India? I feel this list is missing out some companies and not fully updated.

    1. We will keep on updating the present list. Please allows us for some time. We will update the current list with latest information. Meanwhile please subscribe by email to receive email updates of every new content on

  3. Thanks Shailesh for comment on GRI.Could you share the updated GRI Reporting of both pvt and public Ltd companies in India? It will be very much usefull for my research.

    Thanking You


    1. Hi Shweta,
      Thanks for your comment. The list of companies with GRI Based Sustainability reports is already mentioned in the post. However, it is difficult to find the name of the company that is currently developing GRI based sustainability report. We can check it if the company has published its report in public domain. However, based on SEBI’s circular (on August 13, 2012) that mandates listed companies to submit Business Responsibility Reports (BRR), as part of their annual report, we can keep our eye on these companies (As some companies may opt for GRI based reporting guidelines).

  4. can u pls provide the updated list of companies which are publishing their sustainability reports. the list here shows as per year 2011. can you show such a list upto 2012?

  5. Can u please provide the updated list of companies as Annual activity Review was organized in 2013 and GRI-G4 guidelines is available now. The list here shows as per year 2012. Can you please update the data of 2013.

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