The first meeting of the Group of Friends of Paragraph 47 on Corporate Sustainability Reporting was held on August 31st. Brazil, Denmark, France, and South Africa participated along with UNEP and GRI. They agreed to: 1. Develop a common vision document to promote corporate transparency and sustainability reporting. 2. Share best practices and promote corporate sustainability reporting internationally. 3. Invite more governments and organizations to join, aiming for geographic balance. Their next meeting will be in New Delhi on September 27th to adopt the vision document and rules. A larger meeting is planned for November 15th in Lille, France to engage more stakeholders.