Has the GRI consigned itself to irrelevance?

Source: GreenBiz, 23 May 2013

In a stunning display of willful negligence, the Global Reporting Initiative (GRI) today released the long-awaited update to its Sustainability Reporting Guidelines, G4, in which known defects are left firmly in place. Of particular concern is GRI’s handling of the reporting principle known as sustainability context, without which there can be no bona fide sustainability reporting at all. By choosing to leave that principle in its prior state of disrepair, GRI has effectively consigned organizations to another five or six years of feckless reporting, and itself to irrelevance.
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