New Publication on CR Reporting
In its latest issue, the journal Sustainability Management Forum has published an article by the Center for Corporate Responsibility on sustainability reporting.
Companies are increasingly confronted with practical challenges in the preparation of sustainability reports and integrated reports. The two main reasons for this are changes in the regulatory framework. First, several new voluntary guidelines for sustainability reporting have been published, such as Sustainability Reporting Standards by the Global Reporting Initiative, Guidelines for Integrated Reporting by the International Integrated Reporting Council, and Industry Standards by the Sustainability Accounting Standards Board. Second, new binding regulations have been adopted, including the European Commission Directive 2014/95/EU on non-financial reporting.
As part of a two-year Innosuisse project entitled "Stakeholder-Oriented Sustainability Reporting", the Center for Corporate Responsibility together with representatives of the Institute of Marketing Management at the ZHAW School of Management and Law and the Institute of Management at FHNW has developed tools to help users overcome current challenges in sustainability reporting.
Publication of Findings
The findings have now been published in the current issue of Sustainability Management Forum. The article "Overcoming current practical challenges in sustainability and integrated reporting: insights from a Swiss field study" identifies practical challenges in sustainability reporting and presents several tools that can help to overcome these challenges. These include, for example, an analysis grid to determine the most critical sustainability impacts along the value chain, a multi-criteria analysis for materiality assessment that includes the criteria of the Global Reporting Initiative and the International Integrated Reporting Council, and guidelines for target-group-specific reporting. In addition, two case studies from the tourism and banking sectors show that the tools developed can help companies improve their sustainability reporting.