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
-
Bonuses and bias: the risks of variable pay for compliance professionals
When a compliance professional perceives their pay package may be reduced as a result of their actions, there is a risk of biased decisions.
-
Workplace cameras violate employees’ privacy, rules court
Hidden workplace cameras may breach employees’ human rights, even if workers are caught on film stealing, the European Court of Human Rights has ruled.
-
It’s not about the price tag
Confusing price for value has led to a short-termist business culture, according to Dr Ruth Bender.
