Sustainability Disclosure refers to the practice of companies and organizations sharing information about their environmental, social, and governance (ESG) performance. This includes details on how they manage resources, reduce waste, and contribute to social well-being. By providing this information, businesses aim to be transparent and accountable to stakeholders, including investors, customers, and the community.
The goal of Sustainability Disclosure is to help stakeholders make informed decisions based on a company's commitment to sustainable practices. Various frameworks, such as the Global Reporting Initiative (GRI) and the Sustainability Accounting Standards Board (SASB), guide organizations in reporting their sustainability efforts effectively.