First things first, why should you track and report on sustainability? There are many ways in which organizations who report on corporate sustainability benefit both internally and externally. From an internal standpoint, Sustainability Reporting provides a deeper understanding of a business’s risks, opportunities, strategic direction, operating efficiency, and how they rank in the market and stack up against the competition. Externally it can greatly impact your brand awareness and loyalty, empower stakeholders, demonstrate your organization’s sustainable development over time, and mitigate/reverse negative environmental, social and governance impacts. But for those who are new to Corporate Social Responsibility (CSR) programs, it can seem a daunting task. Where do you start, who do you involve and what’s the best way to disseminate the information?
In this first post of our Sustainability Reporting Series, we share 5 Best Practices to keep in mind when embarking on your organization’s CSR journey:
Know Your Data… Read more...
