Sustainability Reporting
Sustainability Reporting is a report published demonstrating
a company’s impact on the 3 pillars of Sustainability; Economic, Environmental, and Social. It shows an
organizations 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 measured before.
This reporting can serve as a differentiator 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.
Sustainabilityreporting 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 SustainabilityReporting 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 take
pride in putting sustainability into practice.
Details Us http://www.ge3s.org/
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