In response to regulatory requirements and growing stakeholder expectations, companies are increasingly reporting on how sustainably they are operating by disclosing the relevant strategies, behaviours, facts and figures. We help you carefully plan your sustainability reporting and embed it in your overall communications.
Around 70% of companies in the SMI Expanded index (representing the country’s 50 largest-cap stocks) now produce a full sustainability report, most in line with the GRI (Global Reporting Initiative) standards or as an integrated report. The advantage of established standards for users is that they make it immediately apparent whether a company fulfils specific criteria. Many reports, however, give only a limited picture of how sustainable the organisation’s business model is, how it puts sustainability into practice, and how well it’s harnessing opportunities to become more sustainable.
Not every company is able or willing to report on sustainability in accordance with an international standard. Even so, it’s a good idea for any company to report on its sustainability-related activities and objectives. These days even SMEs are expected to provide their stakeholders with a transparent account of their sustainability efforts. Together with specialists, we have built a store of expertise from which particularly cost-efficient and pragmatically managed SMEs can benefit.
The benefits of our alternative approach include low barriers to entry, rapid results and high communication impact. Starting with outside-in thinking and based on the idea of a truly sustainable business, it is primarily designed to identify and name positive solutions. It’s still important to avoid and quantify negative impacts, but this is no longer the main emphasis. In summary, alternative sustainability reporting offers medium-sized and large SMEs the following benefits:
- Enables you to communicate with credibility and impact
- Positions you as a far-sighted, innovative company that takes its social responsibility seriously
- Embeds aspects of sustainability in your corporate strategy and product/service portfolio
- Strengthens staff and customer identification with your organisation
- Makes you more attractive as an employer
- Sharpens the image and profile of your brand or brands
We offer the following support on your path to pragmatic sustainability reporting:
- Assessing the requirements and potential
- Helping you decide on achievable goals within an agreed cost and timeframe
- Setting relevant focuses in terms of content (materiality analysis)
- Drawing up a concept and suggesting concrete, practical ways of implementing it
- Advising and supporting you with implementation
- Creating content
- Visualisation (digital and in print), comprehensive production and presentation appropriate to the relevant channels
Reporting in accordance with GRI Standards is possible any time, either in parallel with or downstream of our alternative sustainability approach.