Get Sustainability consultancy from GE3S in Dubai and Abu Dhabi
Sustainability
Reporting is a report published demonstrating a company’s impact on the 3
pillars of Sustainability; Economic, Environmental, and Social. It shows an
organization values and demonstrates the link between its strategy and its
commitment to a sustainable global economy. Sustainability
reporting forces companies to gather information about impacts that may not
have been measure before.
This reporting can serve as
a differentiation in competitive industries and foster investor
confidence, trust and employee loyalty. The benefits are immense as
Sustainability disclosure helps organizations measure their impacts and
mitigate false information being published which in turn provides a strong
structure to manage efficiently and set more vigorous long-term goals. In
addition, reporting builds strong trust between stakeholders and the company by
giving a more transparent look into the backbone of the
company. This leads to better decision making which helps encourage
and maintain trust in businesses and governments. In a recent study it was
found that 88% of firms that published sustainability reports say it led to an
increase in efficiency and decrease in waste.
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Sustainability reporting has seen a steady rise as about 50% of S&P
companies now publish reports and more than 5,500 reports are published
worldwide. It is important to note that this service isn’t only completed by
large corporations. Sustainability reports are published by
companies of all types, sizes and sectors from all parts of the
world. These reports are published in reference to GRI’s
Sustainability Reporting Guidelines, the most common used guideline
globally. The GRI Guidelines enable all organizations worldwide to
assess their sustainability performance and disclose the results in a similar
way to financial reporting.
Here at GE3S we specialize in
developing Sustainability Reports for organizations of any size. Our
team of 20+ employees has over 50 years of experience in the environmental and
sustainability sector and takes pride in putting sustainability into practice.
More Info:-http://www.ge3s.org/
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