Sustainability Reporting is one of the more troublesome areas for companies implementing CSR and Sustainability policy. Reporting is becoming much more common practice, yet why is it still proving such a headache? Unlike Financial reporting, there are no mandatory guidelines or formats – which can make reading and fully understanding the report difficult.
So what exactly is a Sustainability Report? In its most basic form is a report about an organisation’s environmental and social performance. Although more and more companies use a uniform set of guidelines (GRI), a casual reader might still have hard time understanding and assessing these reports. To help casual readers we provide 8 tips on what to expect and not to expect when entering the galaxy of sustainability reporting:
1. Length – Most companies have not adjusted yet to the age of twitter when it comes to sustainability reporting. As a result, 60-page or even 100-page reports are common. Don’t be impressed with the length – remember that in this case longer is not necessarily better. Try to focus on the parts you believe are material for the company or interest you personally.
Quick tip: If you don’t have the time or energy to read dozens of pages, look for the company’s CSR webpage for the report’s highlights.
This excerpt is taken from TriplePundit.com; to read the whole article and all 8 tips click here
Writer of this article, Raz Godelnik is the co-founder of Eco-Libris, a green company working to green up the book industry in the digital age. He is an adjunct faculty at the University of Delaware’s Business School, CUNY SPS and the New School, teaching courses in green business, sustainable design and new product development.
TriplePundit are an Official Media Sponsor of RSB Event, and Founder, Nick Aster, will be joining the Event and moderating the Panel titled UNDERSTANDING THE LATEST TRENDS IN MEASURING AND REPORTING ON CORPORATE RESPONSIBILITY BEHAVIOUR AND SUSTAINABILITY
GRI, Global Reporting Initiative, are also actively taking part in RSB Event, with Enrique Torres, Senior Manager Training & Coaching Programs,Netherlands, delivering the session UNDERSTANDING HOW TO SET SUSTAINABLE SUPPLY CHAIN STRATEGIES AND TO BUILD THE RIGHT PARTNERSHIPS TO EFFECTIVELY MANAGE COMPANY SUPPLY CHAIN
View the full programme for RSB Event here and register here