The majority of companies that report sustainability performance in the S&P 500 use the ______ framework, which is the most widely used sustainability reporting framework in the world.

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BlackTom AI · Accepted Answer

The question asks about the framework most commonly used by S&P 500 companies for reporting sustainability performance and notes it as the world’s most widely used framework.
Option 1: World Bank. While the World Bank publishes sustainability and development data, it is not the go-to framework that companies use to report sustainability performance. It provides funding and policy guidance rather than a standardized reporting framework for corporate sustainability metrics.
Option 2: Vertical view. This is not a recognized, standardized framework for sustainability reporting. The term sounds generic and does not correspond to an established reporting schema used by large public companies.
Option 3: European Union. The EU has regulations and directives related to sustainability and non-financial reporting, such as the NFRD/CSRD, but these are regional regulatory requirements, not the global reporting framework that is adopted broadly across markets, including the S&P 500. It’s a regulatory context rather than a universal reporting framework.
Option 4: Global Reporting Initiative. This option aligns with the widely adopted, globally recognized framework for sustainability reporting. The GRI Standards are designed to be used by organizations of all sizes and sectors worldwide, and they are widely cited as the most prevalent framework for disclosing sustainability performance in many leading equity markets, including the S&P 500.

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The majority of companies that report sustainability performance in the S&P 500 use the ______ framework, which is the most widely used sustainability reporting framework in the world.

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