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SOCAR AQS became the Global Reporting Initiative Community Member
SOCAR AQS is the first company in Azerbaijan to join the Global Reporting Initiative (GRI) Community, which develops international standards for sustainability reporting and transparency.
Through GRI the company applies cutting-edge standards for enhancing transparency and reporting, which are regarded as important factors in economic development, advanced management, establishing forms and methods, improving monitoring systems and data infrastructure.
The GRI, founded in 1997 and headquartered in Amsterdam, is the world's leading international organization for reporting standards. The GRI encourages public institutions, private sector and civil society to adopt criteria for transparency and reporting in their activities as requested by international standards.
It should be noted that the application of GRI standards in any institution has a significant impact to identify risks and management, enhancing constructive relationships with stakeholders, increasing competitiveness, reputation and confidence.
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