Sustainability Reporting

Sustainability reporting is becoming common practice for large businesses and is gaining popularity among smaller companies as well. In addition to disclosure of financial information, transparency on a company’s environmental and social impact is becoming a key requirement from investors, stakeholders, the public and regulatory bodies.

A company may wish to emphasise its disclosure on evident aspects of sustainability such as energy saving, employee welfare and philanthropy. However, depending on the industry, it may also be material to report on broader and more complex issues, such as climate change and human rights, which encompass areas outside the business boundaries.

s-reportingIn all cases, it is important to define the correct reporting strategy and implement appropriate performance indicators and relevant data collection and calculation methods.

 

How we assist you

Whether you are just about to embark upon a sustainability reporting exercise or would like to improve your current report, Ere-S can help you develop your sustainability performance disclosure and ensure that your report is aligned with best practices and internationally recognised reporting standards.

Integrating criteria from international guidelines, such as GRI, AA1000, UN Global Compact Communication on Progress (COP)  and ISO 26000, Ere-S six-step reporting methodology can be customised to any business size and industry. Organisations looking to revise and improve an existing report can select only those steps appropriate to their particular requirements.

 

Our methodology

1. Gap analysis and benchmarking

We research and compare your company’s profile with that of similar firms in your industry, regionally and globally, in order to benchmark sustainability reporting practices and sustainability performance information.

2. Reporting strategy and roadmap

We guide you in defining your reporting strategy in accordance with your industry and CSR/sustainability agenda and goals. If you do not have a broader CSR strategy, we can also assist you to develop one.

Through meetings and workshops with your key personnel, we define the report scope and boundaries, including key material issues, performance targets and procedures for stakeholder engagement and data collection. We also advise you which performance indicators to disclose and which GRI application level can reasonably be achieved. At the end of this stage, we provide you with a reporting roadmap containing details of the strategy and implementation plan.

3. Reporting processes implementation

We advise you in the setting out of the report management structure and the sustainability performance measurement processes. Monitoring progress regularly, we ensure that the procedures and the quality of the collected data satisfy report criteria.

4. Writing the sustainability report

We assist your team in drafting report content according to the agreed reporting roadmap and ensure that disclosed performance data is fully compliant with the GRI reporting criteria and other sustainability guidelines.

If required, we can also provide copywriting services and manage the design and printing of the report, including the development of an online version.

5. Validation

In preparation for report validation (GRI application level check and/or third party report assurance), Ere-S reviews report content and the relevant data collection and calculation processes to ensure their alignment with the requirements of GRI and other applicable standards, such as AA1000 Assurance Standard and UN Global Compact Communication on Progress (COP). We can also assist you in finding an assurance provider and submitting your report to GRI for the application level check.

6. Follow-up

Ere-S assistance does not stop once your report has been published. As well as monitoring the progress of your sustainability framework and the feedback from your stakeholders, we also check sustainability performance and provide recommendations for improvement in preparation for your next sustainability report. These recommendations may include the addition of new indicators or adapting your data collection and calculation procedures.

 

ISO 26000

The latest guidelines on implementing social and environmental responsibility.
Read more >>

GRI Framework

A comprehensive set of guidelines for sustainability reporting.
Read more >>

AA1000AS

Setting higher criteria for the credibility and quality of sustainability reports and CSR systems.
Read more >>

First Steps to CSR Journey

Key to start a CSR journey is to understand issues that are critical to the core business and stakeholders.  It is also important to establish a long-term strategy based on the combination of core competencies and CSR to create business competitiveness.

Read more...

AA1000 Licensed Assurance Provider

AA1000-Licensed-Assurance 68