2013 was somewhat of a bumper year for reporting and now is the time for organisations to start thinking about how to adapt.
We have seen changes in the key international frameworks that provide guidance on reporting: GRI has issued its new guidance G4; the Integrated Reporting Council published their draft framework; and the Sustainability Accounting Standards Board launched a mission to develop sustainability accounting standards to help listed companies with their disclosure requirements. The EU commission has agreed to develop mandatory reporting requirements for large companies on non-financial information and in the UK new regulations have beenpassed to ensure that companies produce more information on their environmental and social impacts, forcing organisations to consider these issues in strategically..
Companies can be forgiven not to know where to begin, how to understand the different definitions used in each framework, and getting to grips with Materiality.
There is little easy to use guidance on the topics and not much by way of comparison. We decided a solution was needed. One that would help companies understand the requirements of GRI G4 and everything required by legislation in the UK. We have also found that there is confusion about how to set up proper reporting procedures in companies. Our 22 steps guide to producing a GRI G4 sustainability report that aligns with the UK legal requirements to help organise and structure reporting processes and, above all, cut down the clutter that is often found in sustainability reports.
Its available online here.
If you are unfamiliar with sustainability reporting, take a look at our FREE introductory guide Sustainability Reporting: Explained
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