What are the main challenges of sustainability reporting?
An example of an AI chatbot conversation about challenges in sustainability reporting.
What are the main challenges of sustainability reporting?
The main challenges include data collection, standardization, stakeholder engagement, and ensuring transparency.
Why is data collection so difficult?
Data collection is challenging due to the lack of consistent metrics, varying reporting frameworks, and data availability.
How can companies improve their sustainability reporting?
Companies can improve by adopting standardized frameworks, investing in data management systems, and engaging stakeholders.
What frameworks are commonly used for sustainability reporting?
Common frameworks include GRI (Global Reporting Initiative), SASB (Sustainability Accounting Standards Board), and TCFD (Task Force on Climate-related Financial Disclosures).
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