Post by account_disabled on Feb 18, 2024 2:19:41 GMT -5
Publicizing an organization's sustainability efforts is one of the best strategies to stay afloat in today's global marketplace. This is because consumers are increasingly aware of the impact generated by the consumption and production of commonly used items. And all that information can be found synthesized in what is a sustainability report.
Companies that issue this type of documents Middle East Mobile Number List generate much more trust among their interested parties, also known as stakeholders , which positions them among the preferences of the population and improves their corporate reputation. If your company also wants to be part of this group, here is a short guide to do so.
What is a sustainability report?
The sustainability report is an informative document through which companies communicate their performance in environmental, social and internal management aspects in a timely and objective manner, covering a specific period. Likewise, the fundamental aspects of the sector are integrated and the sustainability strategy that is followed and the scope of its achievements can be specified.
Each of the elements that make up this report must be verifiable and comparable with the evolutionary process of the company and that of its peers. Due to this, this data becomes a strategic tool that helps the company measure its performance and facilitates the continuous improvement process.
Prior to the publication of this document, a CSR audit must be carried out , in which the company's operations, as well as the ethics and way of acting of its members, are analyzed and evaluated. Therefore, the final part of this process is what a sustainability report is, since it contains the conclusions, achievements and objectives of the company in question.
What is a Sustainability Report and who is it for?
How to do it?
Although the GRI format is the most common, there are many methodologies and standards developed by international organizations that, although not mandatory, function as guides to prepare what a sustainability report is. Which must report in a balanced way the development of sustainability in the company based on the three axes mentioned above. Some of these formats are:
GRI : Focuses on the Performance Indicators defined by the Global Reporting Initiative's Sustainability Reporting Framework, designed to be used by organizations of any size, sector and location.
Communication on Progress (CoP) : It is based on the 10 principles of the Global Compact, the 17 Sustainable Development Goals (SDGs) and the Paris Agreement. The companies belonging to this initiative are committed to reporting their progress annually.
ISO 26000 : It is an international guide that analyzes 7 fundamental areas that range from internal organization to the role of the company in the development of the community. Unlike other ISO standards, this one is not certifiable.
AA1000 : The Institute of Social and Ethical Accountability developed this standard to promote certainty about corporate social responsibility . It is made up of documents aimed at improving the sustainable performance of organizations, based on dialogue with stakeholders .
OECD : The Organization for Economic Cooperation and Development publishes a series of recommendations , made for multinational companies by the governments of the countries that comprise it, as voluntary principles for operating within their territory.
What is a Sustainability Report and how is it presented?
Structure of a sustainability report
The basic content of a sustainability report that takes the principles of the Global Reporting Initiative (GRI) as a guide must consider that there are three types of standards:
Universal: They apply without exception.
Sectoral: They depend on the industrial sector.
Thematic: They serve to present specific information on some topics.
Companies that issue this type of documents Middle East Mobile Number List generate much more trust among their interested parties, also known as stakeholders , which positions them among the preferences of the population and improves their corporate reputation. If your company also wants to be part of this group, here is a short guide to do so.
What is a sustainability report?
The sustainability report is an informative document through which companies communicate their performance in environmental, social and internal management aspects in a timely and objective manner, covering a specific period. Likewise, the fundamental aspects of the sector are integrated and the sustainability strategy that is followed and the scope of its achievements can be specified.
Each of the elements that make up this report must be verifiable and comparable with the evolutionary process of the company and that of its peers. Due to this, this data becomes a strategic tool that helps the company measure its performance and facilitates the continuous improvement process.
Prior to the publication of this document, a CSR audit must be carried out , in which the company's operations, as well as the ethics and way of acting of its members, are analyzed and evaluated. Therefore, the final part of this process is what a sustainability report is, since it contains the conclusions, achievements and objectives of the company in question.
What is a Sustainability Report and who is it for?
How to do it?
Although the GRI format is the most common, there are many methodologies and standards developed by international organizations that, although not mandatory, function as guides to prepare what a sustainability report is. Which must report in a balanced way the development of sustainability in the company based on the three axes mentioned above. Some of these formats are:
GRI : Focuses on the Performance Indicators defined by the Global Reporting Initiative's Sustainability Reporting Framework, designed to be used by organizations of any size, sector and location.
Communication on Progress (CoP) : It is based on the 10 principles of the Global Compact, the 17 Sustainable Development Goals (SDGs) and the Paris Agreement. The companies belonging to this initiative are committed to reporting their progress annually.
ISO 26000 : It is an international guide that analyzes 7 fundamental areas that range from internal organization to the role of the company in the development of the community. Unlike other ISO standards, this one is not certifiable.
AA1000 : The Institute of Social and Ethical Accountability developed this standard to promote certainty about corporate social responsibility . It is made up of documents aimed at improving the sustainable performance of organizations, based on dialogue with stakeholders .
OECD : The Organization for Economic Cooperation and Development publishes a series of recommendations , made for multinational companies by the governments of the countries that comprise it, as voluntary principles for operating within their territory.
What is a Sustainability Report and how is it presented?
Structure of a sustainability report
The basic content of a sustainability report that takes the principles of the Global Reporting Initiative (GRI) as a guide must consider that there are three types of standards:
Universal: They apply without exception.
Sectoral: They depend on the industrial sector.
Thematic: They serve to present specific information on some topics.