Apr 29 2010
Why Report on Sustainability? It’s not Mandatory…
In the U.S., corporate reporting on environmental sustainability is not yet mandatory. Despite this, a lot of successful companies make a significant effort to inform stakeholders about their environmental efforts. Some respond to questionnaires from the Carbon Disclosure Project and other socially responsible investing organizations. Others use the Global Reporting Initiative framework for reporting. Still others simply communicate via their website, Corporate Social Responsibility or citizenship reports. Why do they bother? We’ve found 7 key reasons why corporations invest time and resources in this effort.
The Seven Drivers of Sustainability Reporting
- Respond to Increasing Volume of Queries
- Manage Reputation and Brand Image
- Compete Effectively
- Meet Channel Demands
- Stay Ahead of Future Requirements
- Attract and Retain Employees
- Focus Internal Execution
For more about these drivers as well as tips about how the leaders do it, request a copy of our report on Trends in Sustainability or download the Executive Summary.
