Sustainability reports are a very useful tool for all companies who wish to communicate their actions towards sustainable development. They include a number of issues that directly or indirectly relate to the company and its activities, and can be of interest to different stakeholder groups that are involved with the company. Sustainability reporting is the tool an organization can use in order to understand both its exposure to risks, and potential business opportunities. It is also the process of collecting and analyzing information and data necessary for creating long-term value supporting transparency in environmental, social and governance (ESG) requirements. Sustainability reporting is gradually becoming an essential business management tool, since it assists in convincing investors of the organization’s long-term existence. The question is no longer “should we report?” but “what and how should we report?”
Recent research by the Centre for Sustainability and Excellence focuses on the sustainability reporting trends of companies and organizations in North America, on the use of specific reporting standards and guidelines, and on the external assurance practices followed by these companies and organizations.
Nikos Avlonas is founder and President of the Centre for Sustainability & Excellence (CSE) a global Sustainability Strategic advisory and Training organization with activities in North America, Europe, MENA and Asia regions. Nikos has been distinguished as one of the “Top 100 Thought Leaders in Trustworthy Business Behavior” by Trust Across America, an organization dedicated to promoting trustworthy business behavior in 2010.
KEYWORDS: Reports, sustainability reporting, Research, CSR Training, GRI, Transparency, CSRwire, cse, Nikos Avlonas