Corporations Now Reporting Sustainability
While sustainability is usually associated with nonprofit organizations and government planning, corporations have begun to take sustainability seriously and are reporting their progress to their shareholders.
These Corporate Sustainability Reports (or CSRs) are popping up on the websites of major companies like Pricewaterhouse Coopers, Coca Cola, Nike, GE, UPS and Nokia. These reports can include data on carbon disclosures, emissions, water usage and challenges in implementing sustainable growth policies.
CSRs should be transparent and authentic, as they are telling their customers and stakeholders what they are doing to help people, the planet and the economy. Data should be measured comparatively and the corporation should provide a baseline for the statistics that they provide. Sections can include balancing short and long term profitability, management of economic and environmental issues, risks and opportunities.
If you’d like to read some real reports, here is a list from Triple Pundit that ranks the top 10 sustainability reports from the past year. Does your company produce a sustainability report? Will it in the future? Hopefully at least one of these answers is yes!