While still in its beginning stage, companies and investors are beginning to meld together sustainability reporting with traditional financial reporting for their companies.
Most sustainability reports contain information about the impacts and risks of sustainability strategies. But a growing movement is shaping up to push companies toward integrated reporting that combines conventional financial information along with key sustainability data.
Much of the integrated reporting model is being backed by the International Integrated Reporting Council, a global coalition of regulators, investors, companies, and NGOs.
Sustainability reporting is not likely to go away as more companies are seeing the financial benefit of implementing energy saving strategies.
“Good companies will see integrated reporting as an opportunity to communicate on and implement a sustainable strategy.”