NGC becomes first company in T&T to join GRI community


The National Gas Company (NGC) has become the first organisation in Trinidad and Tobago to be registered as a member of the Global Reporting Initiative (GRI) community.

Joining the GRI network represents the latest of ‘first milestones’ in NGC’s strategy to build sustainability. The company is the first and remains the only state-owned enterprise to produce an annual sustainability report. From its first report, the NGC adopted GRI standards indicating its willingness to measure itself and perform against international standards. 

The GRI network comprises over 500 large, small, private and public organisations from more than 70 countries. They work to jointly advance sustainability reporting across all regions of the world. The GRI community provides members with access to learning and knowledge-sharing opportunities that help improve the quality of sustainability reporting with the GRI Standards.

Membership presents an excellent prospect for NGC to network and learn from other like-minded corporate citizens who place a high priority on excellence in sustainability.

NGC President Mark Loquan said: “NGC continues to progress and strengthen the rigour of its sustainability reporting and the GRI membership signals our commitment to continually improve corporate transparency and disclosure. We plan to leverage the insights and best practice from experts and practitioners within the network to improve on the quality of NGC’s 2021 Sustainability Report which will be released in the second quarter of 2022. This fifth report will reflect the growth NGC has made in developing a solid sustainability framework. It will also affirm the transformation of NGC’s corporate identity to become a change agent for economic, social, governance and environmental sustainability within the energy sector and by extension, the wider Trinidad and Tobago.”

“As an energy company, we recognise that sustainability is critical to the collective success of NGC, the energy sector and the nation. NGC is eager and well-situated to accept a pioneering role by demonstrating corporate accountability and will continue to imbed sustainability practices in its overall corporate strategy,” the release ended.

GRI community members reflect the diversity of GRI sustainability reporting across sectors such as agriculture, automotive industry, chemicals, communications, commercial services, conglomerates, construction, education, energy, finance, food, healthcare, leisure, manufacturing, mining, the non-profit sector, technology, tourism, transport, real estate, retail and waste management.

 

 





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