Which statements correctly describe how GRI and SASB/ISSB (IFRS S1/S2) frameworks differ?

• A. GRI is broadly focused on sustainability impacts; SASB/ISSB is focused on financially material information; many reporters combine.
• B. SASB/ISSB is broad sustainability impacts; GRI is financially material.
• C. GRI is broad sustainability impacts; SASB/ISSB is financially material; many reporters combine.
• D. GRI and SASB/ISSB are identical in scope and application.

Answer: (C)

Understanding how these frameworks differ in what they focus on and for whom is key. GRI centers on broad sustainability impacts—the organization’s effects on people, communities, and the environment—taken from a stakeholder perspective. It’s about the wide range of environmental, social, and governance topics that matter to society and to an organization’s broader sustainability profile. SASB/ISSB (IFRS S1/S2) shifts the focus to information that is financially material—topics that could influence a company’s financial condition, performance, or risk from an investor viewpoint, with topics selected for their potential impact on enterprise value and tailored to sector relevance. Since these audiences differ, many reporters publish using both frameworks to cover both the broad sustainability picture and the financial materiality lens. The option that aligns with this distinction is the one that states GRI is about broad sustainability impacts and SASB/ISSB is about financial materiality, with reporters often combining them.