Sustainability reporting helps businesses and governments worldwide understand and communicate their impact on criticalsustainabilityissues such as climate change, human rights, governance, and social well-being.
Research shows that a systematic approach to sustainability reporting helps to:
- Improve sustainability performance.
- Improve risk management and investor communications.
- Engage stakeholders and improve stakeholder relations.
- Motivate and engage employees.
- Build credibility as a committed and effective corporate citizen.
- Strengthen internal data management and reporting systems.
- Improve sustainability strategy and selection of performance indicators and targets.
- Benchmark sustainability performance against self and others.
BENEFITS OF SUSTAINABILITY REPORTING
Sustainability reports based on the GRI Standards can be used to benchmark organizational performance with respect to laws, norms, codes, performance standards
and voluntary initiatives. demonstrate organizational commitment to sustainable development. and compare organizational performance over time.