New SRI Database Launched

April 20, 2004 ( - SRI World Group has launched OneReport, a new global electronic reporting network allowing companies to more efficiently report their social, environmental, economic and corporate governance information.

A SRI news release said OneReport allows companies to collect and approve a wide range of sustainability data from different departments and facilities. Companies can also use OneReport to establish an audit trail, making information on sustainability policies, programs and performance metrics more readily audited and easier to report in future years, the announcement said.

OneReport can also be used to create reports based on the Global Reporting Initiative (GRI) guidelines. The tools featured in OneReport help companies understand the scope of GRI reporting and identify data that can be included in their GRI report.

“OneReport is the first true solution to survey fatigue,” said Jay Falk, President of SRI World Group. “In addition to streamlining the reporting process, OneReport will reduce the overall cost of reporting sustainability information to the marketplace.”

According to the announcement, OneReport connects publicly traded companies with the firms that research corporate social and environmental performance for institutional investors. More than 20 research firms worldwide have made a commitment to collect sustainability data through OneReport. These firms cover over 4,000 companies in 25 countries.

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