GRI Standards Update: What’s Coming? And What Does It Mean for Reporters?

The recently released updated GRI Universal Standards are meant to ensure better and more consistent sustainability reporting and imply significant changes in sustainability management and reporting practices. The new GRI Standards will be effective for reports published on or after January 1, 2023. Why revise and what are the changes? To meet growing demand from […]

Pioneer application of the new GRI Standards 2021 for non-financial reporting

Tips LGT, the bank owned by the Liechtenstein Princely Family, has extensive experience in the management of family assets and committed itself to the topic of sustainability in the financial sector at an early stage. Long-term thinking and action have always been core elements of its business activities. Thus, sustainability initiatives are practiced at LGT […]

Interview: Navigating the 2022 reporting season: key challenges

In this interview, Sibylle Umiker, Senior Consultant at Sustainserv and, together with the team, responsible for more than 20 sustainability reports, discusses the current reporting season, explains the biggest challenge and expresses her wish for future reports. Sustainserv accompanied two dozen sustainability reports between January and March alone. Tell me honestly, how intensive was it? […]

Sustainability in Swiss companies: Compliance leads, potential for deeper integration remains untapped

A study conducted by the University of Bern in collaboration with Sustainserv shows that Swiss companies are currently still focusing their sustainability efforts primarily on compliance requirements. However, the increasingly established advanced sustainability approaches are not yet firmly anchored in the corporate culture. The survey of 84 sustainability experts in Swiss companies focused on the […]

LGT Private Banking publishes its first report in accordance with new GRI Standards 2021

Challenge Preparation of a non-financial report in accordance with the new GRI Standards 2021 and involvement of numerous new internal stakeholders and experts. Goal LGT is an international financial services company based in Vaduz in the Principality of Liechtenstein. The bank committed itself to sustainability in the financial industry at an early stage; long-term and […]