What is the GRI mainly recognized as?

The Global Reporting Initiative (GRI) is mainly recognized as a nonprofit organization. It focuses on encouraging transparency in sustainability reporting and helping businesses and governments achieve their information disclosure goals regarding environmental, social, and governance (ESG) issues. As a nonprofit, the GRI operates with the primary objective of promoting sustainable development by providing a framework that organizations can use to report their impacts on the economy, environment, and society. This structure allows the GRI to gather a range of stakeholders, including businesses, civil society, and governments, to work collaboratively on improving sustainability practices and disclosures globally. The commitment to nonprofit principles underlines GRI's mission-centered approach, contrasting with a for-profit organization that may prioritize financial gain.