What is impact sustainability reporting?

What is impact sustainability reporting?

Impact sustainability reporting refers to the practice of measuring and disclosing the environmental, social, and economic impacts of an organization's activities.

Why is it important for businesses?

It's important because it helps businesses understand their impact, improve transparency, and build trust with stakeholders.

What are the key components of a good sustainability report?

Key components include clear goals, measurable outcomes, stakeholder engagement, and transparency in reporting.

How can companies improve their sustainability reporting?

Companies can improve by setting specific targets, using standardized frameworks, and regularly updating their stakeholders.

Are there any frameworks I should be aware of?

Yes, frameworks like GRI (Global Reporting Initiative) and SASB (Sustainability Accounting Standards Board) are widely used.