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  • BENEFITS

BENEFITS

​​An effective sustainability reporting cycle, which includes a regular program of data collection, communication, and responses, should benefit all reporting organizations, both internally and externally.

1.Internal benefits

  • Increased understanding of risks and opportunities
  • Emphasizing the link between financial and non-financial performance
  • Influencing long term management strategy and policy, and business plans
  • Streamlining processes, reducing costs and improving efficiency
  • Benchmarking and assessing sustainability performance with respect to laws, norms, codes, performance standards, and voluntary initiatives
  • Avoiding being implicated in publicized environmental, social and governance failures
  • Comparing performance internally, and between organizations and sectors

2.​External benefits

  • Mitigating – or reversing – negative environmental, social and governance impacts
  • Improving reputation and brand loyalty
    Enabling external stakeholders to understand the organization’s true value, and tangible and intangible assets
  • Demonstrating how the organization influences, and is influenced by, expectations about sustainable development
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