Since there are no formal requirements for corporate sustainability reporting, companies often need advice on how to approach it. The process requires a set of diverse resources and capabilities to implement it. However, organizations are unaware of precisely which ones are essential to embark on the reporting effort, thus necessitating guidelines for first-time reporting. Prior studies report that companies’ major deterrents of producing sustainability reports include data collection difficulties, choice of performance indicators and materiality analysis, reporting format, stakeholder involvement, sensitivity of disclosed information, costs, and effort.
|Number of pages
|Published - 2018