Sustainability Reporting Framework Is Right

Why Choosing the Right Reporting Framework Matters

A sustainability report is more than just a document demonstrating corporate responsibility. It is a strategic communication tool that helps build confidence among investors, customers, business partners, regulators, and other stakeholders.

Selecting the appropriate reporting framework enables organizations to:

Communicate sustainability information effectively to target stakeholders.
Reduce the burden of collecting unnecessary data.
Meet customer expectations and future regulatory requirements.

Enhance competitiveness and improve access to new markets.

Which Sustainability Reporting Framework Is Right for Your Organization?

GRI Standards

(Global Reporting Initiative)

Best Suited For

Organizations of all sizes
Companies preparing their first Sustainability Report
Organizations seeking to communicate with a broad range of stakeholders

Key Features

The Global Reporting Initiative (GRI) Standards is the world's most widely recognized sustainability reporting framework. It covers:

Environmental
Social
Governance (ESG)

GRI focuses on disclosing an organization's impacts on the economy, society, and the environment, as well as the management approaches and objectives for addressing those impacts.

Recommended For Organizations That

Are beginning their ESG or sustainability reporting journey
Need to respond to ESG assessments such as EcoVadis
Want to strengthen credibility with customers and stakeholders

Have sustainability goals aligned with the UN Sustainable Development Goals (SDGs)

ISSB

(IFRS Sustainability Disclosure Standards)

Best Suited For

Listed companies
Organizations with international investors
Companies seeking to disclose sustainability-related financial risks and opportunities

Key Features

The ISSB Standards focus on sustainability information that is material to enterprise value and investor decision-making.

The standards include:

IFRS S1 – General Requirements for Disclosure of Sustainability-related Financial Information
IFRS S2 – Climate-related Disclosures

Key disclosure areas include:

Climate-related risks
Governance
Strategy
Risk Management
Metrics and Targets

Recommended For Organizations That

Need to meet investor expectations
Are planning to raise capital
Require alignment with internationally recognized sustainability disclosure standards

ESRS

(European Sustainability Reporting Standards)

Best Suited For

Companies conducting business with the European Union (EU)
Organizations subject to the Corporate Sustainability Reporting Directive (CSRD)
Suppliers within European supply chains

Key Features

The ESRS provides comprehensive sustainability disclosure requirements covering:

Environmental
Social
Governance

A key concept is Double Materiality, which considers both:

The organization's impacts on society and the environment (Impact Materiality)
The financial impacts of sustainability issues on the organization (Financial Materiality)

IR

(Integrated Report)

Best Suited For

Large organizations
Companies wishing to integrate ESG into business strategy

Key Features

An Integrated Report connects:

Corporate Strategy
Risk Management
Business Performance
ESG Performance
Long-term Value Creation

It provides stakeholders with a comprehensive view of how the organization creates sustainable value over time.

56-1 One Report

In accordance with the requirements of the Stock Exchange of Thailand (SET).

Best Suited For

Companies listed on the Stock Exchange of Thailand (SET)
Organizations seeking to strengthen corporate governance

Most 56-1 One Reports are prepared with reference to:

GRI Standards
ISSB Standards
Former TCFD recommendations (where applicable)
SET sustainability reporting guidelines

Preparing a sustainability report

is not simply about collecting and presenting data. It reflects an organization's capability to manage risks, create long-term value, and meet the evolving expectations of stakeholders.

Choosing the right reporting framework from the outset enables organizations to establish an efficient reporting system, prepare for future regulatory requirements, and strengthen credibility in the global marketplace.

Comparison of Sustainability Reporting Frameworks

Framework	Best Suited For	Primary Focus
GRI Standards	All organizations	Organizational impacts on the economy, society, and the environment
ISSB	Listed companies and investors	Financial risks and opportunities arising from ESG issues
ESRS	Companies with EU business exposure	Double Materiality and CSRD compliance
Integrated Report	Large organizations	Linking ESG with strategy, performance, and value creation
56-1 One Report	Thai listed companies	Sustainability disclosure in accordance with Thai capital market requirements

Which Framework Should Your Organization Choose?

Organization Profile	Recommended Framework
New to sustainability reporting	GRI Standards
Responding to ESG ratings (e.g., EcoVadis) or customer requirements	GRI Standards
Organizations with significant investors or shareholders	ISSB
Exporting to Europe or part of an EU supply chain	ESRS
Seeking to integrate ESG with corporate strategy	Integrated Report
Listed on the Stock Exchange of Thailand	GRI + ISSB together with SET Guidelines

Unlock business opportunities with the right reporting standard.

TUV NORD Thailand supports organizations throughout their sustainability journey—from training and materiality assessment, to GRI-based reporting, ISSB and ESRS readiness, as well as certification and assessment services—helping organizations enhance their sustainability performance in line with international best practices.