Better sustainability disclosures require clear reporting boundaries
Sustainability reporting needs to be internally consistent, theoretically sound and a useful source of data for decision-making. We’re not there yet.
Image: Momojung/Shutterstock
Following news of Oxford Brookes University’s recent analysis and the demonstrable shortcomings of FTSE 100 organisations’ sustainability reporting, it’s time to stand back and contemplate what the purpose of this reporting actually is and how best to achieve it.
In the current climate of global stakeholder concern over growing environmental degradation, social inequality and high-profile corporate misdemeanours, there is an increased focus, particularly among the millennial generation, on corporate behaviour.
Stakeholders, including investors, regulators, consumers, employees and civil society need to understand both financial
For thoughtful journalism, expert insights on corporate governance and an extensive library of reports, guides and tools to help boards and directors navigate the complexities of their roles, subscribe to Board Agenda
Related Stories
-
FRC responds to governance recommendations
UK watchdog tells commission it will be monitoring the quality of explanations from companies when they fail to comply with corporate governance code.
-
PM criticises Uber decision while lauding UK’s governance record
UK prime minister Theresa May has criticised the decision to remove Uber's licence to trade in London for corporate responsibility reasons, while on the same day calling for the highest standards of governance.
-
Regulators offer guidance on AGMs amid Covid-19 pandemic
Companies are being told to consider proxy voting, online shareholder Q&As and live-streaming AGMs in order to comply with social distancing measures.
