Sustainability Reporting

The potential implications of climate change on business are receiving increasing recognition and attention. Investors and other stakeholders are encouraging companies to report publicly on the financial implications to their business. In addition, organizations are discovering the value in measuring and reporting on their social and environmental performance as well as the usual financial risks.

As a result, leading companies are increasing their reporting in their corporate sustainability reports. Guidelines for reporting are provided by the Global Reporting Initiative. The GRI G3 guidelines for Sustainability Reporting provide a road map for reporting, which include financial implications and other risks to organizations. These guidelines encourage companies to disclose specific information on:

Company Profile and Strategies
Management Approach to Sustainability
Sustainable Performance Indicators

Business Sustainability Reporting is a commitment to transparency and accountability. Typical reporting covers a variety of sustainability concepts grouped in three general areas: economic, environmental, and social. The Core Indicators include:

Economic Performance and Risks
Local Market Presence
Economic Impacts on Society
Energy Consumption
Biodiversity
Emissions and Waste
Compliance with Environmental Laws and Regulations
Customer Health and Safety
Product and Service Labeling

Taiga Company promotes the business sustainability concepts of transparency and accountability. Our sustainability consulting works with clients to see the value in monitoring and disclosure. While an excellent practice in disclosing risk to stakeholders, sustainability reporting is also a communication to the market of the company’s eco awareness and commitment to a sustainable future.