CSR/ SUSTAINABILITY REPORT
A sustainability report is an organizational report that gives information about economic, environmental, social and governance performance of the company.
In Simple Words
CSR/ Sustainability Reports are meant to communicate a company’s performance on areas which are beyond its regular revenue generating activities such as social activities, environmental impacts and other matters the company has addressed with respect to its CSR/ sustainability agenda. There are many reasons why companies issue a CSR report, but main reason is to be transparent about their activities and as a way to communicate their achievements or challenges in the realm of CSR. There are many frameworks used for CSR reporting but the most commonly used is the G3/G4 guidelines issued by Global Reporting Initiative (GRI).
Did You Know?
CSR/ Sustainability Reporting started off in form of environmental reporting. The first environmental reports were published in the late 1980s by companies in the chemical industry which had serious image problems.
Sustainability Reports of Companies With The Best CSR Reputations In 2021
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