Sustainability Reporting

Description

The course is designed to train people on methods of Sustainability reporting. It gives a brief about GRI, IR, BRSR, and materiality analysis. It also shows the perspective of a reporter and assessor of sustainability reporting. This course would give you insight into the challenges and opportunities of Sustainability reporting and the key points to look at while doing the reporting.

Sustainability reporting refers to the disclosure, whether voluntary, solicited, or required, of non-financial performance information to outsiders of the organization. Generally speaking, sustainability reporting deals with information concerning environmental, social, economic, and governance issues in the broadest sense. These are the criteria gathered under the acronym ESG (Environmental, social and corporate governance).

The introduction of this non-financial information in published reports is seen as a step forward in corporate communication and is considered an effective way to increase corporate engagement and transparency.

Sustainability reports help companies build consumer confidence and improve corporate reputations through social responsibility programs and transparent risk management.[3] This communication aims at giving stakeholders broader access to relevant information outside the financial sphere that also influences the company's performance. This practice is rooted in the multidimensional concept of CSR and in the stakeholders who insist on the importance of understanding the company as an entity with relationships with its environment. According to Freeman's theory, the company's shareholders are no longer the only ones to be considered, but also its employees, customers, suppliers, local communities, and governments: the society in the broadest sense.

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