Global Adoption Trends for the GRI Tax Standard

This report presents an analysis of the global adoption of the GRI 207: Tax 2019 Standard by the 1,000 largest public companies worldwide. The document outlines the background and purpose of the research, which aims to assess how widely the GRI 207 Tax Standard is referenced in sustainability reporting. Key findings indicate that 26% of the largest companies mention the GRI 207 Standard, with Europe leading in references. The report details the adoption trends across various regions and sectors, highlighting that capital markets have the highest mention rate at 58%. Furthermore, it provides recommendations for reporting organizations and policymakers on how to effectively utilize the GRI 207 Standard in their reporting practices. The methodology used for the research is also described, along with insights into the GRI Academy and appendices that include detailed background information on the GRI 207 Standard. This document serves as a resource for stakeholders involved in sustainability reporting and tax governance.