sustainability reporting frameworks
Sustainability reporting frameworks are structured guidelines that help organizations disclose their environmental, social, and governance (ESG) performance. These frameworks provide a standardized way to measure and communicate sustainability efforts, making it easier for stakeholders to understand a company's impact on society and the planet. Common frameworks include the Global Reporting Initiative (GRI) and the Sustainability Accounting Standards Board (SASB).
By using these frameworks, companies can identify areas for improvement and set measurable goals for sustainability. This transparency not only builds trust with investors and customers but also encourages businesses to adopt more responsible practices. Ultimately, sustainability reporting frameworks promote accountability and drive positive change in various industries.