OLOLT Center is the first Mongolian organization to join the GRI Community

To provide internationally aligned sustainability reporting services, the OLOLT Center has become the first Mongolian member of the Global Reporting Initiative (GRI) Community. Recognized for its commitment to interdisciplinary collaboration in addressing climate change and promoting sustainable development, the OLOLT Center's achievement signifies a noteworthy step forward. In a landscape where Mongolian businesses are increasingly compelled to address their environmental and social impacts, this entry into the GRI Community is crucial. It represents a commitment to establishing robust ESG (Environmental, Social, and Governance) and sustainability reporting practices aligned with both national and international standards. Leveraging this membership, the OLOLT Center is positioned to guide Mongolian enterprises towards a sustainable trajectory, elevating reporting quality, accountability, and fostering the adoption of sustainable policies and actions in line with the GRI standards.

GRI, a leading nonprofit organization, provides globally recognized sustainability reporting standards, spanning topics from biodiversity to human rights. Since its inception in 1997, GRI has empowered organizations of all sizes and sectors to transparently report their economic, environmental, and social impacts, fostering meaningful dialogue with stakeholders. With a diverse community comprising over 500 members from more than 70 countries, GRI serves as a cornerstone for credible and comparable reporting practices worldwide.

In the dynamic landscape of evolving ESG standards and frameworks worldwide, GRI distinguishes itself with a collaborative multi-stakeholder approach, drawing inputs from diverse sectors such as business, civil society, investment institutions, and academia to shape its standards. Beyond its comprehensive coverage of economic, environmental, and social topics, a pivotal aspect of GRI is its emphasis on materiality, highlighting the relevance of sustainability issues to both organizational operations and stakeholder interests. Positioned as the sole global standards dedicated solely to impact reporting for a diverse range of stakeholders, GRI plays a critical role in driving the development of reporting frameworks.

Leveraging expertise in climate change and sustainability development, coupled with steadfast adherence to international standards, the OLOLT Center offers comprehensive consulting services to the national companies. Effectively and precisely guiding businesses on their sustainability journey, ensures the adoption of sustainable practices and transparent reporting. This guidance is further enhanced by the partnership with GRI, enabling comprehensive support aligned with international standards.