Sustainability reporting is the practice of publicly disclosing an organization's economic, social, and environmental performance. It is a way for companies to communicate their efforts to address sustainability issues and to be transparent about their impact on the environment and society. Sustainability reporting typically includes information on a company's greenhouse gas emissions, energy use, water consumption, waste management, employee engagement, social and labour practices, and product sustainability.
Sustainability reporting is becoming increasingly important as stakeholders, including customers, investors, employees, and regulators, demand more transparency and accountability from companies. In some cases, sustainability reporting is required by law or regulation, such as the EU Non-Financial Reporting Directive or the Sustainable Development Goals Reporting Guidelines.
Sustainability reporting can provide many benefits for companies, including improving their reputation, increasing their access to capital, and driving innovation and efficiency. However, it also requires a significant commitment of time and resources, as companies must collect, analyse, and report on a wide range of sustainability data.
