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a. The Global Reporting Initiative arose from the need to address the failure of the current governance structures to respond to changes in the global

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a. "The Global Reporting Initiative arose from the need to address the failure of the current governance structures to respond to changes in the global economy. It is 'a long-term, multi-stakeholder, international undertaking whose mission is to develop and disseminate globally applicable Sustainability Reporting Guidelines for voluntary use by organisations reporting on the economic, environmental and social dimensions of their activities, products and services". Required: a. Does this statement have any relevance in 21 century corporate reporting? b. Carefully outline and explain the content of a good sustainability report as per GRI

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