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There is a growing movement, worldwide, to not only be a more responsible corporate citizen, but to trade on that fact and Sustainability Reporting is the lynchpin of this undertaking for many organizations. Sustainability Reporting is the practice for commercial, public sector and non-profit organizations alike of raising awareness and making positive change to how the organization impacts the environment and people. Sustainability Reporting is a relatively new discipline, without the global standards and accepted controls of financial accounting; however, this is fast changing. Sustainable Business, Corporate Social Responsibility, Environmental and Social Risk Assessments are other terms heard increasingly in business, investment and governance forums today and this belies the growing significance of this activity. Some of these terms are used interchangeably. SustainabilityWorks uses the term “Sustainability Reporting” to include reporting at its broadest level, which addresses financial, social and environmental topics. |
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