Esgnews iconEsgnewsSep 29, 2026 ~6 min source read

GRI to roll out sector-specific sustainability standard for food and beverage companies

The Global Reporting Initiative is developing a Food and Beverages Sector Standard to give companies clearer guidance on material impacts across operations and complex value chains. It will pilot a faster development model and seeks up to 20 peer reviewers.

GRI to Launch New Sustainability Reporting Standard for Food and Beverage Companies

Share this story

Send the public story page.

Useful takeaways from this story.

GRI is creating a Food and Beverages Sector Standard to cover operations and value chains linked to agriculture, aquaculture and fishing.

GRI research finds 43% of listed food and beverage companies report using GRI, representing 70% of the sector’s market capitalization.

The new standard sits inside GRI’s modular framework: Universal Standards + Sector Standards to identify material topics + Topic Standards to report disclosures.

# What GRI is launching and why it matters Initiative (GRI) is developing a dedicated Food and Beverages Sector Standard. It targets companies involved in food and drink processing and manufacturing, including tobacco products. The standard will cover companies' own operations and the value chains that connect farms, fisheries and processing facilities with manufacturers, retailers and consumers.

GRI positions the standard as guidance on the sustainability topics most likely to be material for this sector. The aim is to help companies identify which impacts they should disclose and to make reporting more consistent across different markets and supply chains.

# Scope and focus The standard will address environmental and social issues common in the sector, including climate, biodiversity, labor and public health risks across complex supply chains. It will draw companies toward relevant existing GRI Topic Standards while summarizing the industry's most significant impacts.

# Streamlined development model and peer review GRI has selected the food and beverage sector as the first pilot for a faster standard-development approach designed to shorten timelines while maintaining the organisation's multistakeholder due process. To test credibility and industry relevance under this model, GRI is recruiting up to 20 global experts to join a multistakeholder Peer Review Group. Applications are open until October 23, 2026.

Peter Dawkins, GRI Standards Senior Manager, said the sector's value chains intersect with major sustainability challenges and encouraged sector stakeholders to get involved in the process to ensure the standard is practical and credible.

# How the standard fits into GRI's reporting architecture GRI uses a modular framework. Companies begin with the Universal Standards, use applicable Sector Standards to identify sector-specific material topics, and then report disclosures through the relevant Topic Standards. The Food and Beverages Sector Standard is intended to clarify which impacts warrant disclosure for companies operating across varied and complex supply chains.

For companies already using GRI, the new standard could require reviewing current reporting to ensure sector-specific issues are captured. For investors and other stakeholders, the standard aims to produce more comparable disclosures across businesses operating in different markets.

# Practical implications for companies and investors

  • Companies: Expect clearer direction on which topics are material for the sector and which existing Topic Standards to apply. Firms may need to adjust impact assessments, data collection and value-chain disclosures to align with the sector standard once finalised.
  • Investors and stakeholders: More consistent sector-level guidance could improve comparability between companies and support better decision-making on sustainability-related risks and opportunities.

# Next steps and timing GRI is developing the standard now and running the pilot of its faster development model. The organisation has opened applications to form the Peer Review Group, with a deadline of October 23, 2026. No final publication date is provided in the announcement.

# Bottom line Standard aims to give companies more specific, sector-tailored guidance on reporting material sustainability impacts across their operations and value chains. The pilot of a streamlined development process will test whether GRI can deliver sector standards faster while keeping multistakeholder input and credibility intact.

More context around this story.

EFRAG Releases 2026 Draft ESRS Datapoint List
Esgnews iconEsgnewsSep 3, 2026

EFRAG Releases 2026 Draft ESRS Datapoint List

EFRAG has released its 2026 Draft List of ESRS Datapoints, giving companies a consolidated reference for reporting under Europe’s revised sustainability disclosure standards. The list reflects the European Sustainability Reporting Standards adopted by the European Commission in July 2026 through a Delegated Regulation.

UK Proposes Cutting Mandatory ESG Disclosures
Esgnews iconEsgnewsSep 7, 2026

UK Proposes Cutting Mandatory ESG Disclosures

UK targets a leaner reporting regime The UK government has opened a sweeping consultation that could recast how companies report environmental, social and governance matters under the Companies Act 2006. Published on 7 September, the plan seeks to refocus annual reports on financially material, decision-useful informat

Loading more related stories...

Keep reading in the app

Open the app view to save this story, compare related coverage, and continue from the same source.

Open in app