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Monday, July 4, 2022
The writer is Manager – Sector Program, Global Reporting Initiative
AMSTERDAM, the Netherlands, Jul 15 2021 (IPS) - As the global community gears up for the 2021 UN Food Systems Summit in September, it is significant that preparations are also underway by Global Reporting Initiative to deliver a new sector reporting standard for agriculture, aquaculture, and fishing.
The Summit aims to leverage the power of food systems to deliver progress on the Sustainable Development Goals (SDGs). Yet, unlocking the contribution of companies in the food production sectors will be impossible without clarity on their sustainable development impacts.
Part of GRI’s Sector Program, which aims to deliver 40 Sector Standards over the coming years, the exposure draft version of the Sector Standard for Agriculture, Aquaculture, and Fishing is currently out for public comment. The Sector Program has a remit to provide the global best practice for transparency within sectors, helping organizations meet stakeholder expectations for comprehensive and comparable sustainability reporting.
We are prioritizing agriculture, aquaculture and fishing because these sectors provide for basic and essential societal needs: food, most obviously, but also raw materials, such as fibers and fuels. They also have shared and overlapping materiality, which steered our rationale for bringing them under one umbrella.
The Standard will add to the reporting landscape for the sectors, bridging the gap on sector topics where stakeholder expectations are evolving and scrutiny is increasing. It will deliver disclosures that consider biodiversity and natural resources, measures to mitigate climate change, as well as how to adapt farming and fishing practices in ways that minimizes their negative impacts.
This focus closely dovetails with the objectives of the Food Systems Summit, for which the pre-summit activity starts in July. The UN articulates the aims as ensuring access to safe and nutritious food for all; shifting to sustainable consumption patterns; boosting nature-positive production; advancing equitable livelihoods; and building resilience to vulnerabilities, shocks, and stress.Research and rationale
The draft Standard’s content is the culmination of more than 12 months of rigorous research by our Sector Team, drawing on authoritative sources and a multi-stakeholder process. A 19-member expert working group was instrumental in developing the exposure draft.
Reflecting diverse backgrounds, it includes representatives from five continents and constituencies, with a unique combination of sectoral skills and organizational experience, including crop and animal production, aquaculture, and fishing.
The proposed Sector Standard will help companies increase recognition and understanding on their shared sustainability challenges. It includes relevant reporting topics that are covered by GRI’s (sector-agnostic) topic-Specific Standards – for example, climate adaptation, biodiversity, waste, food safety, and occupational health – as well as introducing seven new topics.
By including topics not covered by existing GRI Standards, we have expanded the breadth of reporting guidance for agriculture, aquaculture, and fishing organizations to identify their most significant impacts – thereby supporting decision-useful data that can be a catalyst for the adoption of more sustainable practices.
The seven new topics
The newly introduced topics in the draft Standard are:
Grounded in the SDGs
With positive and negative impacts that link to the SDGs, all of the topics covered in this Sector Standard, and the way it is structured, will make it easier for businesses to understand their contribution to the achievement of the SDGs – and how they can contribute towards solutions.
Perhaps more than any other sector, agriculture, aquaculture, and fishing organizations have wide-ranging impacts that touch on all of the 17 SDGs. In particular, this new Standard makes multiple linkages between topics and goals on ending poverty (Goal 1); ending hunger (Goal 2); ensuring the availability and sustainable management of water and sanitation (Goal 6); promoting decent work for all (Goal 8); reducing inequalities (Goal 10); ensuring sustainable consumption and production (Goal 12); taking climate action (Goal 13); protecting life below water (Goal 14) and life on land (Goal 15); ensuring peace and justice (Goal 16); and building partnerships (Goal 17).
We need your input
The global public comment period to gather feedback on the exposure draft for Agriculture, Aquaculture, and Fishing Sector Standard closes on 30 July. We encourage you to channel your considerations on this draft’s feasibility, completeness, and relevancy by completing an online questionnaire. The more input from all interested groups and stakeholders, the more we can do to ensure the delivery of a Standard that is fit-for-purpose.
Our hope for the final Standard, which we intend to launch in 2022, is to empower organizations to achieve meaningful and consistent sustainability reporting that supports sustainable food systems and encourages responsible fishing and farming practices.
We all know that companies within these sectors are essential for providing the food and resources that human wellbeing depends on. Let’s ensure that they can do so in a way that contributes to lasting and sustainable solutions.
Margarita Lysenkova joined GRI Standards Division in 2019 and has been instrumental in the development of the new Sector Program, contributing to the GRI Oil and Gas Sector Standard and leading the pilot project for the Sector Standard for Agriculture, Aquaculture, and Fishing.
With a professional background in corporate, UN and non-for-profit sectors across four countries, Margarita’s expertise spans international labour standards and sustainability. Previous roles include working for the International Labour Organization in Geneva, and in financial reporting with a Belgian multinational. Margarita holds degrees in economics (Saint Petersburg University of Economics & Finance) and business management (ESC Rennes School of Business).
Global Reporting Initiative is the independent, international organization that helps businesses and other organizations take responsibility for their impacts, by providing the global common language to report those impacts – the GRI Standards
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