What is a corporate sustainability report?

A CSR, corporate social responsibility or sustainability report is a periodical (usually annual) report published by companies with the goal of sharing their corporate social responsibility actions and results.

Is GRI reporting voluntary in Australia?

6.85 The GRI Sustainability Reporting Guidelines (the GRI Guidelines) are for voluntary use by organisations for reporting on the economic, environmental, and social dimensions of their activities, products, and services.

How do I find a company’s sustainability report?

If you are not able to find a company’s report on the company’s website, try the Corporate Register, the GRI’s Sustainability Disclosure Database, or CSRWire. The world’s largest directory of Corporate Social Responsibility reports is the Corporate Register.

What is sustainability reporting in corporate governance?

A sustainability report is a practice of measurement, disclosure, and accountability efforts of organizational performance in achieving sustainable development goals to both internal and external stakeholders (GRI, 2006).

What is happening to sustainability reporting in corporate Australia?

CORPORATE SUSTAINABILITY REPORTING IN AUSTRALIA: JUNE 2018 | 7 Sustainability reporting continues to improve Corporate Australia has made significant headway in sustainability disclosure since 2008 and each year we have seen the number of ‘Detailed’ and ‘Leading’ companies increases (Graph 1 above).

What is the sustainability and corporate responsibility section of the report?

7.64 The report’s sustainability and corporate responsibility section also demonstrates that some companies do not have a full understanding of what is expected in the disclosures they make. For instance, sustainability and corporate responsibility disclosures were not necessarily made in the context of a specific principle.

Does sustainability reporting reduce corporate distress?

6.7 According to Certified Practicing Accountants Australia’s (CPA Australia) report Sustainability – Practice, Performance and Potential, there is a strong correlation between sustainability reporting and low probability of corporate distress. CPA Australia submitted that:

What are the laggards in Sustainability Reporting in Australia?

26 | CORPORATE SUSTAINABILITY REPORTING IN AUSTRALIA: JUNE 2018 Laggards This year we defined laggards as companies that have not reported sustainability risks and management for two or more successive years. In 2017 there were nine laggards (Table 7).