Sustainability reports
Companies are increasingly expected not only to strive for financial gain but also to achieve sustainability targets. The growing significance of CSR also has an impact on business communication, with a focus on transparency towards stakeholders.
The publication of a CSR report involves many conceptual and practical questions. For example, which target groups do we want to reach and is a report the best instrument to achieve this? What is the required size and scope of the report? Does the report have to be checked by a third party?
Of course companies can refer to existing reports and guidelines, such as the framework of the Global Reporting Initiative (www.globalreporting.org), but there are no ready-made solutions for the publication of a report. It is a process of continuous monitoring and improvement.
For more information on tools, success factors and possible pitfalls please consult the B&S practical guide on Sustainability Reports. This guide was produced by the CSR reporting working group, which included fifteen member companies of Business & Society.
Links/further information:
B&S practical guide on Sustainability Reports
This guide focuses on the latest developments with respect to non-financial reports and on tools and existing experiences that could contribute to the formulation of a clear and meaningful report. Click here to download.