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Global Reporting Initiative

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The Global Reporting Initiative (known as GRI ) is an international independent standards organization that helps businesses, governments, and other organizations understand and communicate their impacts on issues such as climate change , human rights, and corruption.

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130-555: Since its first draft guidelines were published in March 1999, GRI's voluntary sustainability reporting framework has been adopted by multinational organizations, governments, small and medium-sized enterprises (SMEs), NGOs , and industry groups. Over 10,000 companies from more than 100 countries use GRI. According to the 26 October 2022 KPMG Survey of Sustainability Reporting, 78% of the world’s biggest 250 companies by revenue (the G250) and 68% of

260-568: A sustainability report , also known as a corporate social responsibility ( CSR ) or environmental, social, and governance ( ESG ) report. GRI's framework for sustainability reporting helps companies identify, gather, and report this information in a clear and comparable manner. Developed by the Global Sustainability Standards Board (GSSB), the GRI Standards are the first global standards for sustainability reporting and are

390-476: A city thought to be overwhelmed by the tourist influx. Construction of a new metro line connecting the part of the city north of the IJ to its southern part was started in 2003. The project was controversial because its cost had exceeded its budget by a factor of three by 2008, because of fears of damage to buildings in the centre, and because construction had to be halted and restarted multiple times. The new metro line

520-699: A defense of Catholicism during the Protestant Reformation. The main reasons for the uprising were the imposition of new taxes, the tenth penny, and the religious persecution of Protestants by the newly introduced Inquisition . The revolt escalated into the Eighty Years' War , which ultimately led to Dutch independence. Strongly pushed by Dutch Revolt leader William the Silent , the Dutch Republic became known for its relative religious tolerance. Jews from

650-471: A definition is given to explain what constitutes a micro-enterprise or a small enterprise or a medium enterprise. If an enterprise does not fall under the above categories, it would be considered a large-scale enterprise. In June 2020, India updated the definition as follows: Businesses that are declared as MSMEs and within specific sectors and criteria can then apply for "priority sector" lending to help with business expenses; banks have annual targets set by

780-458: A financial institution can conduct an independent audit of the investee or enter into a dialogue with the top management of a company in question. Independent assurance of sustainability reports may be demanded by stakeholders, and third-party assurance is standard practice for many large and mid-cap companies, though often expensive. Absence of assurance is associated with lower quality and credibility of sustainability reporting. In December 2014,

910-589: A flood in 1916, the depleted municipalities of Durgerdam, Holysloot, Zunderdorp and Schellingwoude , all lying north of Amsterdam, were, at their own request, annexed to the city. Between the wars, the city continued to expand, most notably to the west of the Jordaan district in the Frederik Hendrikbuurt and surrounding neighbourhoods. Nazi Germany invaded the Netherlands on 10 May 1940 and took control of

1040-408: A free public good . The GRI Standards have a modular structure, making them easier to update and adapt. Three series of Standards support the reporting process. The GRI Universal Standards apply to all organizations and cover core sustainability issues related to a company’s impact on the economy, society, and the environment. The GRI Sector Standards apply to specific sectors, particularly those with

1170-584: A full-service bank for Dutch merchant bankers and as a reserve bank. From the 17th century onwards, Amsterdam also became involved in the Atlantic slave trade . The city was a major destination port for Dutch slave ships participating in the triangular trade , which lasted until the United Netherlands abolished the Netherlands' involvement in the trade in 1814 at the request of the British government . Amsterdam

1300-462: A junction of international waterways. A settlement was built here immediately after the landscape change of 1170. Right from the start of its foundation it focused on traffic, production and trade; not on farming, as opposed to how communities had lived further upstream for the past 200 years and northward for thousands of years. The construction of a dam at the mouth of the Amstel, eponymously named Dam ,

1430-632: A larger share of small and medium-sized enterprises. SMEs are also responsible for driving innovation and competition in many economic sectors . Although they create more new jobs than large firms, SMEs also suffer the majority of job destruction/contraction. According to the World Bank Group 's 2021 FINDEX database, there is a $ 1.7 trillion funding gap for formal, women-owned micro, small, and medium-sized enterprises. Additionally, over 68% of small women-owned firms lack access to finance. SMEs are important for economic and social reasons, given

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1560-604: A limit of 255 employees , while in Belgium it could have been 100. The result is that while a Belgian business of 249 employees would be taxed at full rate in Belgium, it would nevertheless be eligible for SME subsidy under a European-labelled programme. Amsterdam Amsterdam ( / ˈ æ m s t ər d æ m / AM -stər-dam , UK also / ˌ æ m s t ər ˈ d æ m / AM -stər- DAM , Dutch: [ˌɑmstərˈdɑm] ; lit.   ' Dam in

1690-482: A modest semi-permanent or seasonal settlement. Until water issues were controlled, a permanent settlement would not have been possible, since the river mouth and the banks of the Amstel in this period in time were too wet for permanent habitation. The origins of Amsterdam are linked to the development of a dam on the Amstel River called Amestelle , meaning 'watery area', from Aa(m) 'river' + stelle 'site at

1820-737: A number of Data Partners to collect and process information about GRI reporting and sustainability reporting in general and reporting trends in specific countries and regions. This information was added to GRI's Sustainability Disclosure Database. In the United States, the United Kingdom and the Republic of Ireland the official GRI data partner was the Governance & Accountability Institute. In 2020 GRI decided to discontinue its publicly accessible sustainability disclosure database as of April 2021, due to

1950-594: A number of hot and humid days with occasional rain every month. The average daily high in August is 22.1 °C (72 °F), and 30 °C (86 °F) or higher is only measured on average on 2.5 days, placing Amsterdam in AHS Heat Zone 2. The record extremes range from −19.7 °C (−3.5 °F) to 36.3 °C (97.3 °F). Days with more than 1 mm (0.04 in) of precipitation are common, on average 133 days per year. Amsterdam's average annual precipitation

2080-496: A particular topic area. Examples include Waste, Occupational Health and Safety, Biodiversity, Energy, Diversity and Equal Opportunity. Sustainability reporting aims to standardize and quantify the environmental, social and governance ( ESG ) costs and benefits, derived from the activities of the reporting companies. Examples of ESG reporting include quantified measures of CO 2 emissions , working and payment conditions, and financial transparency. The development of GRI standards

2210-710: A platform for analysis and feedback on the Guidelines, enabling diverse stakeholders to actively engage in their creation and evolution. The initial organizational structure of the GRI was highly efficient and communicated mostly electronically. It consisted of a secretariat, a steering committee, and multiple decentralized working groups. Input from the working groups led to the expansion of GRI's scope from environmental reporting to three categories of sustainability indicators: social performance indicators, economic performance indicators and environmental performance and impacts. The GRI system

2340-654: A recent European Commission analysis, mid-cap companies (250-3000 people) make up about 17% of total employment and 21% of turnover in the EU27 business sector. Micro firms (with fewer than nine employees) employ 38% of the total workforce, while SMEs with fewer than 250 employees account for 34.4%. Larger (XL) firms with 3,000 or more employees account for 10.1% of overall employment in EU business sectors. According to Eurostat SBS statistics, in 2021, tiny enterprises (0-9 workers) and SMEs (excluding micro firms) employed around 30% and 34.5% of

2470-515: A shoreline', 'river bank'. In this area, land reclamation started as early as the late 10th century. Amestelle was located along a side arm of the IJ. This side arm took the name from the eponymous land: Amstel. Amestelle was inhabited by farmers, who lived more inland and more upstream, where the land was not as wet as at the banks of the downstream river mouth. These farmers were starting the reclamation around upstream Ouderkerk aan de Amstel , and later at

2600-543: A strong influence on the 'Amsterdam dialect' adding a large Yiddish local vocabulary. Despite an absence of an official Jewish ghetto , most Jews preferred to live in the eastern part, which used to be the centre of medieval Amsterdam. The main street of this Jewish neighbourhood was Jodenbreestraat. The neighbourhood comprised the Waterlooplein and the Nieuwmarkt . Buildings in this neighbourhood fell into disrepair after

2730-464: A successful application of policies to ease financial limitations for SMEs even when they receive help from the banking sector. The EIB Group contributed more than €16.35 billion to small and medium-sized firms in 2022. SMEs were more quick in altering output during the pandemic, despite the intensity of the shock. In reaction to the crisis, one-third of major enterprises altered their output or services, compared to 37% of SMEs. Large businesses, on

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2860-484: A wide variety of individuals and organizations. UN Secretary General Kofi Annan described it as having a "unique contribution to make in fostering transparency and accountability of corporate activities beyond financial matters". A key factor in GRI’s success has been its global multi-stakeholder network, which grew from about 200 organizations and individuals in early 2000 to over 2000 members by early 2002. The network provided

2990-511: Is 838 mm (33 in). A large part of this precipitation falls as light rain or brief showers. Cloudy and damp days are common during the cooler months of October through March. In 1300, Amsterdam's population was around 1,000 people. While many towns in Holland experienced population decline during the 15th and 16th centuries, Amsterdam's population grew, mainly due to the rise of the profitable Baltic maritime trade especially in grain after

3120-494: Is approximately equal to US$ 3.1 million as of April 2024. Despite their significant contribution to GDP and job creation, Indonesian MSMEs confront a number of obstacles. One of the most significant is capital access: 60-70 percent of MSMEs lack access to financial institutions and their funding options. Other restrictions include inadequate infrastructure, difficulties acquiring company licences and permissions, high tax rates, political insecurity, and improving their brand image in

3250-466: Is available for all EU member country citizens and organizations. Especially, national and regional authorities, enterprises, business associations or organizations, venture capital providers, research and academic institutions, and individual citizens are expected as the main contributors. EU member states have had individual definitions of what constitutes an SME. For example, the definition in Germany had

3380-590: Is between ₦5  million ($ 15,400) to ₦500 million ($ 1,538,000), and a staff strength that is between 11 and 100 employees. In Somalia , the term is SME (for "small, medium, and micro enterprises"); elsewhere in Africa, MSME stands for "micro, small, and medium enterprises". An SME is defined as a small business that has more than 30 employees but less than 250 employees. In the National Small Business Amendment Act 2004, micro-businesses in

3510-623: Is considered its Golden Age , during which it became the wealthiest city in the Western world. Ships sailed from Amsterdam to the Baltic Sea , the Caribbean, North America, and Africa, as well as present-day Indonesia , India, Sri Lanka , and Brazil , forming the basis of a worldwide trading network. Amsterdam's merchants had the largest share in both the Dutch East India Company (VOC) and

3640-479: Is historically estimated to have occurred between 1264 and 1275. The settlement first appeared in a document from 1275, concerning a road toll granted by the count of Holland Floris V to the residents apud Amestelledamme 'at the dam in the Amstel' or 'at the dam of Amstelland'. This allowed the inhabitants of the village to travel freely through the County of Holland , paying no tolls at bridges, locks and dams. This

3770-632: Is in the southwest. Amsterdam is connected to the North Sea through the long North Sea Canal . Amsterdam is intensely urbanised, as is the Amsterdam metropolitan area surrounding the city. Comprising 219.4 km (84.7 sq mi) of land, the city proper has 4,457 inhabitants per km and 2,275 houses per km . Parks and nature reserves make up 12% of Amsterdam's land area. Amsterdam has more than 100 km (60 mi) of canals , most of which are navigable by boat. The city's three main canals are

3900-502: Is located in the Western Netherlands, in the province of North Holland , the capital of which is not Amsterdam, but rather Haarlem . The river Amstel ends in the city centre and connects to a large number of canals that eventually terminate in the IJ . Amsterdam's elevation is about −2 m (−6.6 ft) below sea level . The surrounding land is flat as it is formed of large polders . An artificial forest, Amsterdamse Bos ,

4030-427: Is made up of enterprises which employ fewer than 250 persons and which have an annual turnover not exceeding 50 million euro, and/or an annual balance sheet total not exceeding 43 million euro." In order to prepare for an evaluation and revision of some features of the small and medium-sized enterprises definition European Union established public consultation period from 6 February 2018 to 6 May 2018. Public consultation

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4160-497: Is part of Egypt's 2012/13 economic census on establishments ranging from small stalls to big enterprises. Economic activity outside the establishments – like street vendors and farmers, for example – were excluded from the census. The results show that Egypt is greatly lacking in medium-sized businesses. Seventy percent of the country's 24 million businesses have only one or two employees. But less than 0.1 percent – only 784 businesses – employ between 45 and 49 people. In Kenya ,

4290-629: Is used by many national agencies and international organizations such as the World Bank , the OECD , European Union , the United Nations , and the World Trade Organization (WTO). In any given national economy, SMEs outnumber large companies by a wide margin and also employ many more people. On a global scale, SMEs make up 90% of all companies and more than 50% of all employment. For example, in

4420-661: The Concertgebouw were built; At the same time, the Industrial Revolution reached the city. The Amsterdam–Rhine Canal was dug to give Amsterdam a direct connection to the Rhine , and the North Sea Canal was dug to give the port a shorter connection to the North Sea . Both projects dramatically improved commerce with the rest of Europe and the world. In 1906, Joseph Conrad gave a brief description of Amsterdam as seen from

4550-548: The 43 countries assessed in 2017. According to the World Bank, women own 58% of all MSMEs in Africa. The European Investment Bank 's Banking in Africa survey, 2021 suggests that most of the responding banks had a non-performing loan (NPL) ratio of at least 5%. NPLs account for at least 10% of the SME portfolio in approximately one-third of African banks. Furthermore, 50% of the banks had at least 5% of their SME portfolio under

4680-615: The Amstel ' ) is the capital and most populated city of the Netherlands . It has a population of 921,402 within the city proper, 1,457,018 in the urban area and 2,480,394 in the metropolitan area . Located in the Dutch province of North Holland , Amsterdam is colloquially referred to as the " Venice of the North ", for its large number of canals , now a UNESCO World Heritage Site . Amsterdam

4810-784: The Dam Square , where the Royal Palace of Amsterdam and former city hall are located; the Amsterdam Museum ; Stedelijk Museum , with modern art; the Concertgebouw concert hall; the Anne Frank House ; the Scheepvaartmuseum , the Natura Artis Magistra ; Hortus Botanicus , NEMO , the red-light district and cannabis coffee shops . The city is known for its nightlife and festival activity, with several nightclubs among

4940-611: The Dutch East Indies in the 1940s and 1950s. In the 1960s guest workers from Turkey, Morocco, Italy, and Spain immigrated to Amsterdam. After the independence of Suriname in 1975, a large wave of Surinamese settled in Amsterdam, mostly in the Bijlmer area. Other immigrants, including refugees asylum seekers and undocumented immigrants , came from Europe, the Americas, Asia and Africa. In

5070-467: The Dutch Republic , which itself was a much smaller state than Great Britain, France or the Ottoman Empire . In contrast to those other metropolises, Amsterdam was also surrounded by large towns such as Leiden (about 67,000), Rotterdam (45,000), Haarlem (38,000) and Utrecht (30,000). The city's population declined in the early 19th century, dipping under 200,000 in 1820. By the second half of

5200-573: The Dutch West India Company . These companies acquired overseas possessions that later became Dutch colonies . Amsterdam was Europe's most important hub for the shipment of goods and was the leading financial centre of the Western world. In 1602, the Amsterdam office of the Dutch East India Company became the world's first stock exchange by trading in its own shares. The Bank of Amsterdam started operations in 1609, acting as

5330-662: The Edict of Fontainebleau in 1685, while the Flemish Protestants came during the Eighty Years' War against Catholic Spain. The Westphalians came to Amsterdam mostly for economic reasons; their influx continued through the 18th and 19th centuries. Before the Second World War, 10% of the city population was Jewish . Just twenty percent of them survived the Holocaust . Amsterdam experienced an influx of religions and cultures after

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5460-742: The European Commission , SMEs are enterprises which meet the following definition of staff headcount and either the turnover or balance sheet total definitions: In July 2011, the European Commission said it would open a consultation on the definition of SMEs in 2012. A consultation document was issued on 6 February 2018 and the consultation period closed on 6 May 2018. As of November 2019 , no conclusions or responses have yet emerged. In Europe , there are three broad parameters that define SMEs: The European definition of SME follows: "The category of micro, small and medium-sized enterprises (SMEs)

5590-692: The European Commission , on behalf of the European Union , adopted the Non-Financial Reporting Directive (NFRD) obliging large multinational corporations to provide non-financial disclosure to the markets. The law applies to public companies with more than 500 employees. Companies that would provide such a reporting would be required to report on environmental, social and employee-related, human rights, anti-corruption and bribery matters. Additionally, these large corporations would be required to describe their business model, outcomes and risks of

5720-636: The Iberian Peninsula , Protestant Huguenots from France, prosperous merchants and printers from Flanders , and economic and religious refugees from the Spanish-controlled parts of the Low Countries found safety in Amsterdam. The influx of Flemish printers and the city's intellectual tolerance made Amsterdam a centre for the European free press . During the 17th century, Amsterdam experienced what

5850-747: The North Sea to the west, with prevailing westerly winds. Amsterdam, as well as most of the North Holland province, lies in USDA Hardiness zone 8b. Frosts mainly occur during spells of easterly or northeasterly winds from the inner European continent. Even then, because Amsterdam is surrounded on three sides by large bodies of water, as well as having a significant heat-island effect , nights rarely fall below −5 °C (23 °F), while it could easily be −12 °C (10 °F) in Hilversum , 25 km (16 mi) southeast. Summers are moderately warm with

5980-762: The Prinsengracht , the Herengracht and the Keizersgracht . In the Middle Ages , Amsterdam was surrounded by a moat, called the Singel , which now forms the innermost ring in the city, and gives the city centre a horseshoe shape. The city is also served by a seaport . It has been compared with Venice , due to its division into about 90 islands, which are linked by more than 1,200 bridges. Amsterdam has an oceanic climate ( Köppen : Cfb ) strongly influenced by its proximity to

6110-501: The Sustainability Accounting Standards Board (SASB) illustrate two major approaches to materiality, with differences that may cause confusion in interpreting information about “material sustainability issues”. The "GRI" refers to the global network of thousands of participants worldwide who create the reporting framework, use it in disclosing their sustainability performance, demand its use by organizations as

6240-486: The UNESCO World Heritage List . In the 21st century, the Amsterdam city centre has attracted large numbers of tourists: between 2012 and 2015, the annual number of visitors rose from 10 to 17 million. Real estate prices have surged, and local shops are making way for tourist-oriented ones, making the centre unaffordable for the city's inhabitants. These developments have evoked comparisons with Venice ,

6370-535: The moratorium , and 40% had at least 5% of SME loans under some type of restructuring. Most of Egypt 's businesses are small-sized, with 97 percent employing fewer than 10 workers, according to census data released by state-run statistics body CAPMAS (Central Agency for Public Mobilization and Statistics). Medium-sized enterprises with 10 to 50 employees account for around 2.7 percent of total businesses. However, big businesses with over 50 employees account for 0.4 percent of all enterprises nationwide. The data

6500-550: The social housing projects in Amsterdam-West and the Bijlmer. Today, people of non-Western origin make up approximately one-fifth of the population of Amsterdam, and more than 30% of the city's children. A slight majority of the residents of Amsterdam have at least one parent who was born outside the country. However, a much larger majority has at least one parent who was born inside the country (intercultural marriages are common in

6630-519: The 1970s and 1980s, many 'old' Amsterdammers moved to 'new' cities like Almere and Purmerend , prompted by the third Land-use planning bill of the Dutch Government. This bill promoted suburbanization and arranged for new developments in so-called "groeikernen", literally cores of growth . Young professionals and artists moved into neighborhoods De Pijp and the Jordaan abandoned by these Amsterdammers. The non-Western immigrants settled mostly in

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6760-422: The 19th century, industrialization spurred renewed growth. Amsterdam's population hit an all-time high of 872,000 in 1959, before declining in the following decades due to government-sponsored suburbanisation to so-called groeikernen (growth centres) such as Purmerend and Almere . Between 1970 and 1980, Amsterdam experienced a sharp population decline, peaking at a net loss of 25,000 people in 1973. By 1985

6890-903: The Burgundian victory in the Dutch–Hanseatic War in 1441. The population of Amsterdam was only modest compared to the towns and cities of Flanders and Brabant , which comprised the most urbanized area of the Low Countries. This changed when, during the Dutch Revolt , many people from the Southern Netherlands fled to the North, especially after Antwerp fell to Spanish forces in 1585. Jews from Spain, Portugal and Eastern Europe similarly settled in Amsterdam, as did Germans and Scandinavians. In thirty years, Amsterdam's population more than doubled between 1585 and 1610. By 1600, its population

7020-502: The Dutch government. By April 2002, GRI had decided to settle in Amsterdam , Netherlands where it subsequently incorporated as a non-profit organization and a Collaborating Centre of the United Nations Environment Programme. It had an initial staff of 12 people. Although the GRI is independent, it remains a collaborating center of UNEP and works in cooperation with the United Nations Global Compact . GRI has managed to mobilize extensive contributions of time, knowledge and funding from

7150-574: The EU, 99% of all businesses are SMEs. Australian SMEs makeup 98% of all Australian businesses, produce one-third of the total GDP (gross domestic product) and employ 4.7 million people. In Chile , in the commercial year 2014, 98.5% of the firms were classified as SMEs. In Tunisia , the self-employed workers alone account for about 28% of the total non-farm employment, and firms with fewer than 100 employees account for about 62% of total employment. United States' SMEs generate half of all U.S. jobs, but only 40% of GDP. Developing countries tend to have

7280-466: The European Union (EU) and employ two-thirds of the workforce in the EU. The majority of European firms are small and medium-sized enterprises (SMEs), employing over 100 million people. Due to the COVID-19 pandemic , a large majority of SMEs saw a decline in revenue during 2020-2021. Medium-sized businesses (or mid-caps) play an important role in the European economy, accounting for a considerable part of employment and wealth production. According to

7410-405: The GRI ESG assessment and reporting were developed based on principles set in OECD guidelines for Multinational corporations and UN Guiding Principles . The Global Reporting Initiative is one example of a transformative shift in accountability systems to one based on a network of actors, observation of global public concerns, new problem framing and an ideological shift. Initially GRI worked with

7540-457: The GRI's multi-stakeholder focused sustainability reporting standards. As of 6 June 2023, the ISSB issued its inaugural standards (IFRS S1 and IFRS S2) for sustainability-related disclosures in capital markets. Small and medium-sized enterprises Small and medium-sized enterprises ( SMEs ) or small and medium-sized businesses ( SMBs ) are businesses whose personnel and revenue numbers fall below certain limits. The abbreviation "SME"

7670-474: The GRI, supporting the network, is made up of the following governance bodies: board of directors, stakeholder council, technical advisory committee, organizational stakeholders, and a secretariat. Diverse geographic and sector constituencies are represented in these governance bodies. The GRI framework aims to enable third parties to assess environmental impact from the activities of the company and its supply chain. The most recent of GRI's reporting frameworks are

7800-521: The Guidelines through their continuous enhancement and dissemination (GRI 2000 Guidelines).” Engineering consultancy DHV (now Royal HaskoningDHV ) expressed a strong interest in the initiative following the publication of the draft guidelines, translating them into Dutch and holding its first seminar on disclosing and reporting on 7 December 1999. Influential figures in the Dutch adoption of GRI include Nancy Kamp-Roelands, Johan Piet and Piet Sprengers. DHV approached then-CEO Allen White and set up meetings with

7930-403: The International Labour Organization (ILO) Tripartite Declarations. Sustainability reporting requirements for companies were further expanded in the EU's Corporate Sustainability Reporting Directive (CSRD) which took effect on 5 January 2023. GRI was actively involved in the development of the European Sustainability Reporting Standards (ESRS) which were submitted to the European Commission by

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8060-459: The Netherlands. This led to the establishment of many non-Dutch-speaking churches. In 1603, the Jewish received permission to practice their religion in the city. In 1639, the first synagogue was consecrated. The Jews came to call the town " Jerusalem of the West ". As they became established in the city, other Christian denominations used converted Catholic chapels to conduct their own services. The oldest English-language church congregation in

8190-446: The Prime Minister's Task Force on MSMEs for year-on-year increases of lending to various categories of MSMEs. MSME is considered a key contributor to India's growth and contributes 48% to India's total export . In Indonesia , the government defines micro, small, and medium enterprises ( Indonesian : usaha mikro kecil menengah , UMKM) based on their assets and revenues according to Law No. 20/2008: An annual revenue of Rp 50 billion

8320-411: The SME or the prime reason for the business failing. At the employee level, Petrakis and Kostis (2012) explore the role of interpersonal trust and knowledge in the number of small and medium enterprises. They conclude that knowledge positively affects the number of SMEs, which in turn positively affects interpersonal trust. Note that the empirical results indicate that interpersonal trust does not affect

8450-407: The Second World War a large section of the neighbourhood was demolished during the construction of the metro system. This led to riots, and as a result the original plans for large-scale reconstruction were abandoned by the government. The neighbourhood was rebuilt with smaller-scale residence buildings on the basis of its original layout. Catholic churches in Amsterdam have been constructed since

8580-409: The Second World War. With 180 different nationalities, Amsterdam is home to one of the widest varieties of nationalities of any city in the world. The proportion of the population of immigrant origin in the city proper is about 50% and 88% of the population are Dutch citizens. The first mass immigration in the 20th century was by people from Indonesia, who came to Amsterdam after the independence of

8710-415: The Sustainability Reporting Board (SRB) of the European Financial Reporting Advisory (EFRAG) as a step towards implementation of the Corporate Sustainability Reporting Directive (CSRD). GRI worked for interoperability between GRI's global Standards, which focus on impact materiality, and the ESRS' focus on double materiality. Double materiality requires public reporting of both sustainability factors affecting

8840-421: The US-based Fair Trade Foundation. The initiative soon gained support from the United Nations Environment Programme (UNEP). GRI released an "exposure draft" version of the Sustainability Reporting Guidelines in 1999, and the first full version in June 2000. Work immediately began on a second version which was released at the World Summit for Sustainable Development in Johannesburg in August 2002—where

8970-437: The adoption of GRI Standards is that compliance is voluntary. Outcomes depend on the quality and type of information reported. Further, firms may selectively disclose sustainability information. Research suggests that resources for sustainability reporting may be insufficient and staff undertrained in many companies. GRI attempts to address this by providing training. In order to circumvent " greenwashing " or falsified reporting,

9100-431: The basis for information disclosure, or are actively engaged in improving the standard. Examples of good sustainability reporting practices include digitalization of supply-chain management, stakeholder relation mechanisms, and communication strategies that encourage conjoint two-way sense making and sense giving. The governance structure for the permanent institution was approved on June 21, 2002. The institutional side of

9230-439: The capital city of Indonesia, 529 MSMEs with the potential to be funded have been identified by Bank Indonesia . According to the Department of Trade and Industry 's 2020 List of Establishments report, there are 957,620 registered business enterprises operating in the country, composed of 99.51% MSMEs and 0.49% large firms. The MSMEs consist of 88.77% microenterprises, 10.25% small enterprises, and 0.49% medium enterprises. Among

9360-440: The catering, accommodations and other trade sectors as well as in the manufacturing sector, with a maximum of R32 million ($ 2,214,800) in the wholesale trade sector. Medium-sized businesses usually employ up to 200 people (100 in the agricultural sector), and the maximum turnover varies from R5 million ($ 346,100) in the agricultural sector to R51 ($ 3,529,800) million in the manufacturing sector and R64 ($ 4,429,600) million in

9490-514: The city expanded and new neighborhoods and suburbs were built. The city has a long tradition of openness, liberalism, and tolerance. Cycling is key to the city's modern character, and there are numerous biking paths and lanes spread throughout. Amsterdam's main attractions include its historic canals ; the Rijksmuseum , the state museum with Dutch Golden Age art; the Van Gogh Museum ;

9620-425: The city had only 675,570 residents. This was soon followed by reurbanization and gentrification , leading to renewed population growth in the 2010s. Also in the 2010s, much of Amsterdam's population growth was due to immigration to the city. In the 16th and 17th century, non-Dutch immigrants to Amsterdam were mostly Protestant Huguenots and Flemings , Sephardic Jews , and Westphalians . Huguenots came after

9750-489: The city's Zuidoost (southeast) exclave and the centre of Amsterdam. Further plans were to build a new highway above the metro to connect Amsterdam Centraal and the city centre with other parts of the city. The required large-scale demolitions began in Amsterdam's former Jewish neighborhood. Smaller streets, such as the Jodenbreestraat and Weesperstraat, were widened and almost all houses and buildings were demolished. At

9880-551: The city). Only a third of inhabitants under 15 are autochthons ( person with two parents of Dutch origin). In 2023, autochthons were a minority in 40% of Amsterdam's neighborhoods. Segregation along ethnic lines is clearly visible, with people of non-Western origin, considered a separate group by Statistics Netherlands , concentrating in specific neighborhoods especially in Nieuw-West , Zeeburg , Bijlmer and in certain areas of Amsterdam-Noord . In 2000, Christians formed

10010-641: The city. During the French Revolutionary Wars and the Napoleonic Wars , Amsterdam's significance reached its lowest point, with Holland being absorbed into the French Empire . However, the later establishment of the United Kingdom of the Netherlands in 1815 marked a turning point. The end of the 19th century is sometimes called Amsterdam's second Golden Age. New museums, a railway station, and

10140-494: The contribution of a smaller business. Multilateral organizations have been criticized for using one measure for all. The legal boundary of SMEs around the world vary, and below is a list of the upper limits of SMEs in some countries. African small businesses frequently struggle to get the cash they require to thrive. According to the SME Finance Forum, the formal financing gap for African SMEs averaged 17% of GDP across

10270-468: The country's total employment with a 29.38% share from micro-enterprises followed by 25.78% and 7.50% for small and medium enterprises. With effect from 1 April 2011, the definition of SMEs is businesses with annual sales turnover of not more than $ 100 million or employing no more than 200 staff. Small companies are important to the European economy as they account for 99.8% of non-financial enterprises in

10400-513: The country. Some Amsterdam citizens sheltered Jews, thereby exposing themselves and their families to a high risk of being imprisoned or sent to concentration camps. More than 100,000 Dutch Jews were deported to Nazi concentration camps , of whom some 60,000 lived in Amsterdam. In response, the Dutch Communist Party organized the February strike attended by 300,000 people to protest against

10530-440: The different sectors, varying from the manufacturing to the retail sectors, are defined as businesses with five or fewer employees and a turnover of up to R100,000 ZAR ($ 6,900). Very small businesses employ between 6 and 20 employees, while small businesses employ between 21 and 50 employees. The upper limit for turnover in a small business varies from R1 million ($ 69,200) in the agricultural sector to R13 million ($ 899,800) in

10660-559: The digital era. 21st-century businesses strategically use both their websites and social media in order to advertise their products and control their branding . Quality content on both information streams will positively affect branding and attract customers. The People's Business Credit (Kredit Usaha Rakyat, or KUR [ id ] ) was established in 2007 by President Yudhoyono to extend credit to businesses that were considered "feasible but not bankable". Bank Rakyat Indonesia conducts more than half of KUR lending nationwide. In Jakarta ,

10790-510: The entire city centre. Although the success of this struggle is visible today, efforts for further restoration are still ongoing. The entire city centre has reattained its former splendour and, as a whole, is now a protected area . Many of its buildings have become monuments, and in July 2010 the Grachtengordel (the three concentric canals: Herengracht, Keizersgracht, and Prinsengracht) was added to

10920-420: The entire workforce in EU27 business sectors, while bigger firms (250+ employees) contributed for 36.4% of overall employment. The pandemic has had a greater impact on SMEs than on large businesses, with an average sales loss of 26% versus 23% for large businesses. Government assistance appears to have benefited SMEs more than large corporations among the companies that do have overdraft facilities, indicating

11050-596: The financial materiality of the company and its outward materiality (how the company affects society and the environment). As of 24 March 2022, GRI and the International Financial Reporting Standards Foundation (IFRS) announced that they would collaborate to align the International Sustainability Standards Board (“ISSB”)'s investor-focused Sustainability Disclosures Standards for the capital markets with

11180-451: The founding of Amsterdam is later than other urban centres in the Low Countries . However, around the area of what later became Amsterdam, farmers settled as early as three millennia ago. They lived along the prehistoric IJ river and upstream of its tributary Amstel. The prehistoric IJ was a shallow and quiet stream in peatland behind beach ridges . This secluded area was able to grow into an important local settlement centre, especially in

11310-726: The heyday of the Stille Omgang , which became the expression of the pilgrimage after the Protestant Reformation , up to 90,000 pilgrims came to Amsterdam. From the 14th century on, Amsterdam flourished, largely from trade with the Hanseatic League . From the 15th century on the city established an independent trade route with the Baltic Sea in grain and timber, cutting out the Hanseatic League as middlemen. The city became

11440-679: The highest environmental impact, such as fossil fuels . The GRI Topic Standards list disclosures relevant to a particular topic area. GRI Standards and reporting criteria are reviewed every three years by the Global Sustainability Standards Board (GSSB), an independent body created by GRI. The most recent of GRI's reporting frameworks are the revised Universal Standards, which were published in October 2021, and came into effect for reporting in January 2023. The Global Reporting Initiative

11570-401: The industry. The herring industry relied on international trade cooperation and large initial investments in ships. This required many highly skilled and unskilled workers cooperating, as well as the import of the necessary raw materials to turn an unfinished product into a marketable one. This required merchants to then sell it throughout the continent and book-keepers and accountants to divide

11700-513: The largely Catholic city of Amsterdam joined the revolt against Spanish rule, late in comparison to other major northern Dutch cities. Catholic priests were driven out of the city. Following the Dutch takeover, all churches were converted to Protestant worship. Calvinism was declared the main religion. It was forbidden to openly profess Roman Catholicism and the Catholic hierarchy was prohibited until

11830-549: The largest religious group in the city (28% of the population). The next largest religion was Islam (8%), most of whose followers were Sunni . In 2015, Christians formed the largest religious group in the city (28% of the population). The next largest religion was Islam (7.1%), most of whose followers were Sunni . Amsterdam has been one of the municipalities in the Netherlands which provided immigrants with extensive and free Dutch-language courses, which have benefited many immigrants. Religion in Amsterdam (2015) In 1578,

11960-505: The late Bronze Age , the Iron Age and the Roman Age . Neolithic and Roman artefacts have also been found in the prehistoric Amstel bedding under Amsterdam's Damrak and Rokin , such as shards of Bell Beaker culture pottery (2200–2000 BC) and a granite grinding stone (2700–2750 BC), but the location of these artefacts around the river banks of the Amstel probably point to a presence of

12090-443: The mid-19th century . This led to the establishment of clandestine churches , covert religious buildings hidden in pre-existing buildings. Catholics, some Jews and dissenting Protestants worshipped in such buildings. A large influx of foreigners of many religions came to 17th-century Amsterdam, in particular Sefardic Jews from Spain and Portugal, Huguenots from France, Lutherans , Mennonites , as well as Protestants from across

12220-420: The number of SMEs. Therefore, although knowledge development can reinforce SMEs, trust becomes widespread in a society when the number of SMEs is greater. Medium- or mid-sized enterprises which have grown beyond the scale of a "small business" may have different support needs from those of small businesses, and their contribution to the local and national economy where they operate may also be quite distinct from

12350-601: The organization and the guidelines were also referred to in the Plan of Implementation signed by all attending member states. As early as 2001, GRI expressed its intention to institutionalize the organization with a headquarters in Europe. In April 2002, GRI was inaugurated as an independent organization in a ceremony hosted at the UN headquarters in New York. Its mission was to provide “stewardship of

12480-544: The other hand, embraced digitization to a greater extent than small businesses, with 26% boosting their online distribution of products and services, compared to 22% for SMEs. The most significant difference in adaption measures was shown in the chance of expanding remote work, which increased by 25% among SMEs but 50% among large businesses. The criteria for defining the size of a business differ from country to country, with many countries having programs of business rate reduction and financial subsidy for SMEs. According to

12610-474: The other side of the river at Amstelveen . The Van Amstel family , known in documents by this name since 1019, held the stewardship in this northwestern nook of the ecclesiastical district of the bishop of Utrecht . The family later served also under the count of Holland . A major turning point in the development of the Amstel river mouth was the All Saint's Flood of 1170 . In an extremely short period of time,

12740-558: The overhead of maintaining the collection. The publicly available database had over 63,000 reports spanning nearly 20 years from hundreds of companies. It is still possible to register GRI Standards-based reports and other published materials through the GRI Standards Report Registration System. Under Requirement 9 of GRI 1: Foundation 2021, notifying GRI of the use of the GRI standards is a mandatory step in reporting for associated organizations. Responsibility for

12870-584: The peak of the demolition, the Nieuwmarktrellen ( Nieuwmarkt riots ) broke out; the rioters expressed their fury about the demolition caused by the restructuring of the city. As a result, the demolition was stopped and the highway into the city's centre was never fully built; only the metro was completed. Only a few streets remained widened. The new city hall was built on the almost completely demolished Waterlooplein. Meanwhile, large private organizations, such as Stadsherstel Amsterdam , were founded to restore

13000-547: The policies on the above topics, and the diversity policy applied for management and supervisory bodies. The reporting techniques were encouraged to rely on recognized frameworks such as GRI's Sustainability Reporting Guidelines, the United Nations Global Compact (UNGC), the UN Guiding Principles on Business and Human Rights , OECD Guidelines , International Organization for Standardization (ISO) 26000 and

13130-593: The profit. In short, the herring industry was setting up the foundations for what would later become the transcontinental trade system and the Dutch Golden Age , with Amsterdam at its centre, hence the saying "Amsterdam is built on Herring bones". The Low Countries were part of the Hapsburg inheritance and came under the Spanish monarchy in the early sixteenth century. The Dutch rebelled against Philip II of Spain , who led

13260-474: The quality and verification of such reports is the responsibility of the reporting organization and its stakeholders. While GRI no longer provides examples of reports, the reports of many organizations are available from company websites. Under the 2021 guidelines, which are required for reporting as of January 2023, organizations may report either "in accordance" with GRI (more stringent) or "in reference" to GRI. Both options involve notification. A key issue in

13390-525: The raids. The most famous deportee was the young Jewish girl Anne Frank , who died in the Bergen-Belsen concentration camp . At the end of the Second World War, communication with the rest of the country broke down, and food and fuel became scarce. Many citizens traveled to the countryside to forage. Dogs, cats, raw sugar beets , and tulip bulbs—cooked to a pulp—were consumed to stay alive. Many trees in Amsterdam were cut down for fuel, and wood

13520-632: The restoration of the episcopal hierarchy in 1853. One of the principal architects behind the city's Catholic churches, Cuypers , was also responsible for the Amsterdam Centraal station and the Rijksmuseum . In 1924, the Catholic Church hosted the International Eucharistic Congress in Amsterdam; numerous Catholic prelates visited the city, where festivities were held in churches and stadiums. Catholic processions on

13650-523: The revised Universal Standards, which were published in October 2021, and came into effect for reporting in January 2023. The GRI Universal Standards apply to all organizations and cover core sustainability issues related to a company’s impact on the economy, society, and the environment. The GRI Sector Standards apply to specific sectors, particularly those with the highest environmental impact, such as Oil and Gas, Coal, and Agriculture, Aquaculture and Fishing. The GRI Topic Standards list disclosures relevant to

13780-715: The seaside, in The Mirror of the Sea . Shortly before the First World War , the city started to expand again, and new suburbs were built. Even though the Netherlands remained neutral in this war, Amsterdam suffered a food shortage, and heating fuel became scarce. The shortages sparked riots in which several people were killed. These riots are known as the Aardappeloproer (Potato rebellion). People started looting stores and warehouses to get supplies, mainly food. On 1 January 1921, after

13910-565: The second half of the 17th century, Amsterdam experienced an influx of Ashkenazim , Jews from Central and Eastern Europe . Jews often fled the pogroms in those areas. The first Ashkenazis who arrived in Amsterdam were refugees from the Khmelnytsky uprising occurring in Ukraine and the Thirty Years' War , which devastated much of Central Europe. They not only founded their own synagogues, but had

14040-535: The sector's role in employment. Due to their size, SMEs are heavily influenced by their Chief Executive Officer , a.k.a. CEOs. The CEOs of SMEs are often the founders, owners, and managers of the SMEs. The duties of the CEO in a SME mirror those of the CEO of a large company: the CEO needs to strategically allocate their time, energy, and assets to direct the SMEs. Typically, the CEO is the strategist, champion and leader for developing

14170-467: The shallow river IJ turned into a wide estuary, which from then on offered the Amstel an open connection to the Zuiderzee , IJssel and waterways further afield. This made the water flow of the Amstel more active, so excess water could be drained better. With drier banks, the downstream Amstel mouth became attractive for permanent habitation. Moreover, the river had grown from an insignificant peat stream into

14300-410: The staple market of Europe for bulk cargo . This was made possible due to innovations in the herring fishery , from which Amsterdam reaped great wealth. Herring had demand in markets all around Europe. Inventions of on-board gibbing and the haringbuis in 1415, made longer voyages feasible, and hence enabled Dutch fishermen to follow the herring shoals far from the coasts, giving them a monopoly in

14430-482: The term changed to MSME, which stands for "micro, small, and medium-sized enterprises". For micro-enterprises, the minimum number of employees is up to 10 employees. For small enterprises, it is from 10 to 50. For medium enterprises, it is from 50 to 100. The Central Bank of Nigeria defines small and medium enterprises in Nigeria according to asset base and a number of staff employed. The criteria are an asset base that

14560-402: The top financial centres in Europe, Amsterdam is considered an alpha world city . The city is the cultural capital of the Netherlands. Many large Dutch institutions have their headquarters in the city. Many of the world's largest companies are based here or have established their European headquarters in the city, such as technology companies Uber , Netflix , and Tesla . In 2022, Amsterdam

14690-560: The top 100 businesses in 58 countries (5,800 companies known as the N100) have adopted the GRI Standards for reporting. GRI is used as a reporting standard by a majority of the companies surveyed in all regions. GRI thus provides the world's most widely used sustainability reporting standards. Under increasing pressure from different stakeholder groups, such as governments, consumers and investors, to be more transparent about their environmental, economic, and social impacts, many companies publish

14820-450: The top industry sectors include (1) wholesale and retail trade; repair of motor vehicles and motorcycles (445,386); (2) accommodation and food service activities (134,046); (3) manufacturing (110,916); (4) other service activities (62,376); and (5) financial and insurance activities (45,558) which accounted for about 83.77% of the total number of MSME establishments. Prior to the pandemic, MSMEs generated more than 5.38 million jobs or 62.66% of

14950-420: The war and other events of the 20th century, almost the entire city centre had fallen into disrepair. As society was changing, politicians and other influential figures made plans to redesign large parts of it. There was an increasing demand for office buildings, and also for new roads, as the automobile became available to most people. A metro started operating in 1977 between the new suburb of Bijlmermeer in

15080-1438: The wholesale trade, commercial agents and allied services sector. A comprehensive definition of an SME in South Africa is, therefore, an enterprise with one or more of the following characteristics: SMEs account for nearly 90% of all company entities in developing Asian countries and are the principal private sector employers, supplying 50-80% of all jobs. SMEs cover 97-99% of all firms in South-east Asia , contributing considerably to each country's GDP—for example, 46% in Singapore, 57% in Indonesia, and over 40% in other nations. In Bangladesh , Bangladesh Bank defines Small and medium enterprises based on fixed assets , employed manpower and yearly turn over, and they are definitely not Public Limited Co. and requires these characteristics: Key: SE = Small enterprises; ME = Medium enterprises; N/A = Not Applicable; Tk lakhs= × 100,000 Bangladeshi takas Hong Kong defines Small and Medium Enterprises (SMEs) as any manufacturing business that employs less than 100 people or any non-manufacturing business that employs less than 50 people. 98% of business establishments in Hong Kong are defined as SMEs and employed 45% of

15210-675: The work force. India defines Micro, Small and Medium Enterprises based on dual criteria of investment and turnover. This definition is provided in Section 7 of Micro, Small & Medium Enterprises Development Act, 2006 (MSMED Act) and was notified in September 2006. The Act provides for the classification of enterprises based on their investment size and the nature of the activity undertaken by that enterprise. As per MSMED Act, enterprises are classified into two categories - manufacturing enterprises and service enterprises. For each of these categories,

15340-557: The world . The Dutch capital is one of the most multicultural cities in the world, with about 180 nationalities represented. Immigration and ethnic segregation in Amsterdam is a current issue. Amsterdam's notable residents throughout its history include painters Rembrandt and Vincent van Gogh , 17th-century philosophers Baruch Spinoza , John Locke , René Descartes , and the Holocaust victim and diarist Anne Frank . Due to its geographical location in what used to be wet peatland ,

15470-738: The world outside the United Kingdom is found at the Begijnhof . Regular services there are still offered in English under the auspices of the Church of Scotland . Being Calvinists, the Huguenots soon integrated into the Dutch Reformed Church , though often retaining their own congregations. Some, commonly referred to by the moniker 'Walloon', are recognizable today as they offer occasional services in French. In

15600-400: The world's most famous. Its artistic heritage, canals and narrow canal houses with gabled façades , well-preserved legacies of the city's 17th-century Golden Age, have attracted millions of visitors annually. The Amsterdam Stock Exchange , founded in 1602, is considered the oldest "modern" securities market stock exchange in the world. As the commercial capital of the Netherlands and one of

15730-420: Was a move in a years-long struggle for power in the area between the count of Holland and the Amstel family who governed the area on behalf of the bishop of Utrecht. By 1327, the name had developed into Aemsterdam . The bishop of Utrecht granted Amsterdam zone rights in either 1300 or 1306. The Mirakel van Amsterdam  [ nl ] in 1345 rendered the city an important place of pilgrimage . During

15860-540: Was also a member of the Society of Suriname , an organisation founded to oversee the management of the Dutch colony of Surinam , which was economically dependent on slave plantations . On 1 July 2021, the mayor of Amsterdam , Femke Halsema , apologised for the city's involvement in the slave trade. Amsterdam's prosperity declined during the 18th and early 19th centuries. The wars of the Dutch Republic with England (latterly, Great Britain ) and France took their toll on

15990-481: Was around 50,000. During the 1660s, Amsterdam's population reached 200,000. The city's growth levelled off and the population stabilized around 240,000 for most of the 18th century. In 1750, Amsterdam was the fourth largest city in Western Europe , behind London (676,000), Paris (560,000) and Naples (324,000). This was all the more remarkable as Amsterdam was neither the capital city nor the seat of government of

16120-491: Was completed in 2018. Since 2014, renewed focus has been given to urban regeneration and renewal, especially in areas directly bordering the city centre, such as Frederik Hendrikbuurt . This urban renewal and expansion of the traditional centre of the city—with the construction on artificial islands of the new eastern IJburg neighbourhood—is part of the Structural Vision Amsterdam 2040 initiative. Amsterdam

16250-465: Was created with the goals of standardizing practices for non-financial reporting, and empowering stakeholders at all levels with "access to standardized, comparable, and consistent environmental information akin to corporate financial reporting." The process of aligning and standardizing practices has continued through multiple versions, with some debate over definitions of materiality to be used in sustainability reporting and their implicatioins. The GRI and

16380-621: Was developed in 1997 by the United States–based non-profits Ceres (formerly the Coalition for Environmentally Responsible Economies) and consulting agency Tellus Institute . Key individuals were Ceres President Bob Massie and Allen L. White of Tellus. Other influential thinkers who were board members of Ceres included Joan Bavaria of the Social Investment Forum (SIF), Alica Gravitz of Co-op America and Paul Freundlich of

16510-411: Was founded at the mouth of the Amstel River, which was dammed to control flooding. Originally a small fishing village in the 12th century, Amsterdam became a major world port during the Dutch Golden Age of the 17th century, when the Netherlands was an economic powerhouse. Amsterdam was the leading centre for finance and trade, as well as a hub of secular art production. In the 19th and 20th centuries,

16640-668: Was influenced by policies in the fields of international labor practices and environmental impact, which it, in turn has influenced. ISO 14010, ISO 14011, ISO 14012 and ISO 26000 set out a standard for assessing the environmental impact, while OHSAS 18001 laid down a health and safety risk management system. The International Labour Organization (ILO)'s eight core conventions outline specific groups or population that require special attention: women, children, migrant workers and their families, persons belonging to national or ethnic, linguistic, and religious minorities, indigenous peoples, and persons with disabilities. The reporting standards set by

16770-482: Was ranked the ninth-best city to live in by the Economist Intelligence Unit and 12th on quality of living for environment and infrastructure by Mercer. The city was ranked 4th place globally as a top tech hub in 2019. The Port of Amsterdam is the fifth largest in Europe. The KLM hub and Amsterdam's main airport, Schiphol , is the busiest airport in the Netherlands , third in Europe , and 11th in

16900-512: Was taken from the houses, apartments and other buildings of deported Jews. The city was finally liberated by Canadian forces on 5 May 1945, shortly before the end of the war in Europe. Many new suburbs, such as Osdorp , Slotervaart , Slotermeer and Geuzenveld , were built in the years after the Second World War. These suburbs contained many public parks and wide-open spaces, and the new buildings provided improved housing conditions with larger and brighter rooms, gardens, and balconies. Because of

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