The CII-ITC Centre of Excellence for Sustainable Development promotes Sustainability Reporting to help companies achieve competitive advantage through informed decision-making by stakeholders.
The specific role of the Centre on Sustainability Reporting is to assist companies initiate or improve the process of reporting by measuring their economic achievements, contribution to social and environmental enrichment. It helps industries in the assessment of corporate preparedness and process for Sustainability Reporting with respect to the GRI G4 Guidelines. The Centre has embarked on studies to benchmark Sustainability Reports of several leading Indian companies with the requirements of the Global Reporting Initiative (GRI)''s Guidelines for Sustainability Reporting. The emphasis is on the ''Process of Reporting'', rather than the ''Report Content'' alone as an output of such a methodology. Indian industry find value-addition both in terms of reporting requirements as per GRI Guidelines as well as in an assessment of the extent to which the company had succeeded in imbibing the sustainability context, as intended in the GRI, in the context of the company''s operations. Centre had assisted over 25 sutaianbility reports and helped clients for exterbal assurance & GRI Check as per recent GRI-G4 Guidelines.