Sustainability Reporting

COURSE DESCRIPTION: 

Corporate social responsibility programs are considered an organizational best practice.  A focus on sustainability helps organizations manage their social and environmental impacts, improving their bottom line.  Just as importantly, the disclosure of such activities has become a topic of importance for organizational stakeholders such as employees, customers, investors and the government.  Widely documented and researched benefits to sustainability reporting and disclosure include:

  • An improved organizational reputation
  • A more loyal and engaged workforce
  • Improved access to capital
  • Increased organizational efficiency and resource reduction

 

The benefits of, and demand for, environmental, social and governance information has led to a tremendous increase in the number of organizations who issue public sustainability reports.  To illustrate:

  • According to a 2014 Corporate Register study, the overall number of sustainability reports continues to increase year on year, with almost 7,000 organizations reporting in 2012 alone.[1]
  • A 2013 Ernst & Young study shows that 95% of the Global 250 and thousands of other companies around the world, issue sustainability reports are increasingly being used by investors.[2]
  • Bloomberg has collected Environmental, Social and Governance disclosed by over 10,000 companies in 52 countries. The number of customers using this data has increased by over 47% on an annual basis since the data was made available in 2009.[3]

 


[1] CorporateRegister.com, CR Perspectives 2013, Global CR Reporting Trends and Stakeholder Views

[2] http://www.ey.com/Publication/vwLUAssets/ACM_BC/$FILE/1304-1061668_ACM_BC_Corporate_Center.pdf

[3] Bloomberg, 2012 Sustainability Report

 

 

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