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Tim SterckxMay 18, 2023 2:45:00 PM1 min read

CSRD / GRI / SASB / ESRS and other Acronyms explained

CSRD / GRI / SASB / ESRS and other Acronyms explained
2:09

In the field of corporate social responsibility (CSR), sustainability, and reporting, there are several acronyms associated with various standards, frameworks, and organizations. Here is an extensive list to give you an overview. Next time someone who likes to throw acronyms at your face, you can throw some back!

Acronyms

  1. CSR – Corporate Social Responsibility
  2. CSRD – Corporate Sustainability Reporting Directive
  3. CSDD – Corporate Sustainability Due Diligence Directive 
  4. GRI – Global Reporting Initiative: An international independent standards organization that helps businesses and other organizations understand and communicate their impacts on issues such as climate change, human rights, and corruption.
  5. SASB – Sustainability Accounting Standards Board: A nonprofit organization that develops and maintains sustainability accounting standards to help businesses disclose useful and comparable information to investors.
  6. ESG – Environmental, Social, and Governance: A set of criteria used by investors to evaluate a company’s performance on environmental, social, and governance issues.
  7. SDGs – Sustainable Development Goals: A set of 17 global goals set by the United Nations to address various social and environmental challenges by 2030.
  8. UNPRI – United Nations Principles for Responsible Investment: A set of principles that investors use to incorporate environmental, social, and governance factors into their investment decisions.
  9. ISO 26000 – International Standard on Social Responsibility: Provides guidance on integrating social responsibility into an organization’s operations and supports other CSR initiatives.
  10. TCFD – Task Force on Climate-related Financial Disclosures: Developed by the Financial Stability Board, it provides recommendations for disclosing climate-related financial information.

Please note that the landscape of sustainability and CSR is dynamic, and new acronyms and initiatives may emerge over time. Additionally, the specific relevance of these acronyms may vary depending on regional or industry contexts. 

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