Sustainability Planning and Reporting are now standard practice in many Wisconsin firms. This article lays out a practical, well-tested, step-by-step approach to to creating a sustainability plan and report.
Sustainability Reporting Resources
CSR reporting can help drive performance in a business. It can develop the dialogue between the business and its key stakeholders. And it can focus the company’s attention on where it needs to go.
In just over ten years, corporate sustainability reporting has shifted from voluntary to vital. According to CorporateRegister.com, an independent reference source, fewer than 500 companies issued sustainability reports in 1999. That number is now close to 3,500, reflecting the growing trend among companies worldwide to issue reports demonstrating their commitment to environmental and social targets along with traditional financial ones.
Many factors are driving the current momentum for sustainable corporate performance. Companies themselves understand the many benefits of sustainable operations, and now respond to a wider range of stakeholders who demand new forms of accountability.
This paper examines the new world of sustainability reporting, and the complex web of stakeholders— governments, customers, NGOs, employees, suppliers and even the companies themselves. It focuses, in particular, on the demands for new kinds of transparency.