Sustainability Reporting Framework and Standards

Sustainability reporting standards have one similar value: Transparency.

Sustainability reporting arises as to the response from the government and society toward factors that jeopardize social structure. For example, climate change, poverty, financial crisis, energy and food security, also other elements.

Hence, the public highlights how the company respects the environmental, social, and governance (ESG) aspects. Including how they contribute to the local economy.

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Sustainability Reporting Framework and Standards

At least within the last decade, the demand for a company’s transparency is rising. To answer this, the company implements sustainability reporting as one of the priorities.

It serves two functions, from internal monitoring to external communication toward the stakeholders. 

There are some standards in creating sustainability reporting, such as:

  1. Global Reporting Initiative (GRI)

Since 10 years ago, GRI has been the international standard to build sustainability reporting worldwide. Initially, GRI was released in 1997 to report the economic, environmental, and social for all organizations.

In 2018, GRI released the “GRI Standard” acknowledged globally. Not only including the metrics of sustainable performance but also as the company’s navigation in the reporting process.

This applies to companies of various sizes and sectors. By utilizing GRI’s standard, the company could determine the key problems that most stakeholders are concerned about.

Furthermore, the indicators adopted in GRI are understandable and recognizable. Thus, it’s comparable to other indicators.

2. International Integrated Reporting Council (IIRC)

IIRC is a global coalition consists of regulators, investors, companies, NGOs, the accounting profession, and also standard creators. The goal is to change the corporate reporting system so that the integrated report will be the global norm.

The goal is to generate the standard regarding additional non-financial information, making it easier to understand the company’s general strategy. Especially, those related to the current and future financial condition.

3. Sustainability Accounting Standards Board (SASB)

SASB as an independent nonprofit organization declares the mission to implement sustainability standards. The goal is to encourage the public company to disclose important information to the investors.

The whole process including evidence-based research and balanced stakeholder participation. SASB identifies sustainable topics from 30 relevant issues, classified into 5 dimensions.

4. ISO 26000 Social Responsibility

The ISO 26000:2010 is more like guidance, not a requirement that acts as certification. However, this guide will accommodate to clarify the social responsibility hence the effective move from the companies.

The ISO 26000:2010 is aimed at all types of companies regardless of their activity, scale, and also location. Thus, social responsibility could be executed adequately globally.

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The company must handle many things at once. Thus, delegating sustainable reporting is the right choice. The Redue Waste to Landfill from Waste4Change could be the option that has a similar mission with environmental sustainability.

Adapting eco-friendly waste management by implementing open window technique in Material Recovery Facility. Likewise, the inorganic waste is being recycled and distributed to the partners. 

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Thus, the clients’ waste that ends up in the landfills is only residual or hard-to-recycle material. The whole process including the eco-friendly waste collection is wrapped efficiently within the workflow. Learn more at


Sustainability Reporting: Why Transparency is Always Appreciated.

Why Sustainability Reporting is Important for Private and Public Organizations.

Why Sustainability Reporting Matters.

Author: Azelia Trifiana

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