GLOBAL PAYROLL MAGAZINE
37
: TO STAY!
effectively a company is governed is crucial for the company’s sustainability over time (G). The data and reporting aspect of ESG criteria means providing a standardized way to measure and report on the sustainability and ethical impact of business operations, thus helping investors, consumers, and regulators make more informed decisions. It is important that companies take responsibility for creating a more
sustainable and responsible business model, and Green Pay should be part of a company’s ESG. Reporting standards In the last two decades the standard Global Reporting Initiative; GRI, has developed and delivered into the global best practice for how organisations communicate and demonstrate accountability for their impacts on the environment, economy, and people. Due to the evolving regulatory
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