Sustainability reporting is part of a non-financial risk report in which a company provides transparency on their environmental and socioethical actions and outlines preventative measures for mitigating mid to long-term risks.

A sustainability report addresses how the company will succeed sustainably now and into the future in relationship to their internal and external stakeholder demands.

Advanced sustainability reporting tools enable automated data collection, provide comprehensive sources of sustainability data and thus make disclosure efficient, precise and easy. However, collecting, managing and disclosing corporate data is an extensive task. Tools are often very archaic and labor-intensive. At the same time, reporting and management software has evolved significantly and provides powerful analytics and advanced planning features to improve sustainability performance.

With sustainability reporting, for their internal stakeholders (owners, managers and employees and companies), companies address issues such as diversity, inclusiveness, social responsibility and other relevant topics. For their external stakeholders (clients, suppliers, service providers, investors, NGOs, local communities and the public at large), companies address sustainability aspects of their product portfolio, their business strategies and their targets for reducing or eliminating the harmful impacts and environmental footprints of their products and business activities.

A sustainability report also includes the sustainability organizations a company supports and the sustainability programs in which a company participates.

Latest insights from Sphera

Filter

The Butterfly Effect: Navigating Biodiversity Impact in Supply Chains and the Key Role of Stakeholder Engagement

Watch our webinar and hear from Sphera’s experts: The Butterfly Effect: Navigating Biodiversity Impact in Supply Chains and…
July 18, 2024
How to prepare for the unexpected: Looming threats in a connected world

Unrecognized risks in your supply chain

In today’s globalized economy, a well-oiled supply chain is the lifeblood of any business. But what happens when…
July 9, 2024

Enhanced Engagement and Metrics for Responsible Supply Chains Webinar

Watch our webinar and hear from Sphera’s experts: Enhanced Engagement and Metrics for Responsible Supply Chains Webinar.
July 7, 2024