GRI updates on Biodiversity, Climate Change and Energy: For more transparency and impact in sustaina

GRI Standard 101: Biodiversity – effective from 2026

The revised standard GRI 101: Biodiversity 2024 will enter into force on 1 January 2026, replacing the previous GRI 304: Biodiversity 2016. The new standard places the reporting focus on how organisations impact ecosystems along the value chain. Organisations are expected to identify biodiversity-related impacts across their sites, products and services; to analyse risks; and to document the actions taken to avoid negative impacts or restore affected ecosystems. Aligned with the Kunming-Montreal Global Biodiversity Framework, the standard helps organisations understand which decisions and business practices lead to biodiversity loss, where impacts occur along their value chain and how these can be managed. GRI and the Taskforce on Nature-related Financial Disclosures (TNFD) worked together to develop the standard and have published a detailed overview mapping the interoperability between TNFD and GRI 101 disclosures¹.

GRI Standard 102: Climate Change – effective from 2027

GRI 102: Climate Change 2025 will enter into force on 1 January 2027, replacing the previous standards GRI 305: Emissions 2016 (disclosures 305-1 to 305-5) and GRI 201: Economic Performance 2016 (disclosure 201-2: Financial implications and other risks and opportunities due to climate change). The revised standard emphasises science-based pathways for emissions reductions targets as a cornerstone of effective climate protection efforts. It defines clear disclosure expectations regarding climate transition and adaptation plans, greenhouse gas reduction targets, measures and progress achieved. As part of 'Just Transition,' the revised climate standard aligns with global climate goals and introduces indicators for a fair transition, in order to transparently reflect the social impacts of climate strategies, particularly on workers, Indigenous peoples, and communities."

Particularly interesting is the interoperability between GRI 102 and IFRS S2. In a statement released on 26 June 2025², GRI and the IFRS Foundation confirmed the equivalence of key disclosures. For example, disclosures of greenhouse gas emissions (Scope 1-3) made in accordance with IFRS S2 also meet the requirements of GRI 102 for Scope 1-3, provided that the GHG Protocol methodology is applied.

GRI Standard 103: Energy – effective from 2027

The revised standard GRI 103: Energy 2025 will also come into force on 1 January 2027, replacing the previous GRI 302: Energy 2016. This standard is largely about the disclosure of energy consumption – including in the supply chain – and on transparency as to the use of renewable and non-renewable energy sources. In addition, it requires disclosures on decarbonisation plans, energy targets and energy efficiency. Responsible energy management is highlighted as an integral element of a holistic sustainability strategy.

Learn more here:

• GRI 102 FAQs
• GRI 103 FAQs