Designing Your Company’s Sustainability Report

  • Date: 14-Jan-2022
  • Source: Harvard Business Review
  • Sector:Economy
  • Country:UAE
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Designing Your Company’s Sustainability Report

Deciding which metrics to use when reporting on corporate sustainability performance can be overwhelming for executives. Some companies report only their greenhouse gas emissions, while others publish glossy reports about their CSR (corporate social responsibility) initiatives or use their ESG (environment, social, and governance) ratings as a badge of honor. But most executives don’t know why — or when — to choose one of these reports over another.

The past decade has seen a boom in sustainability reporting options. The abundance of choice can be dangerous for executives. With so many options, companies can end up investing in sustainability disclosures, while still not meeting the expectations of legislators, clients, investors, and employees. In addition, the exercise of disclosing information often does not translate into meaningful action or impact.