In this post, Elaine analyzes the GRI’s own sustainability report, asking what extent GRI Stakeholders should be content with a report about direct impacts and outputs (the things that the GRI is saying, doing, using) versus a report about the outcomes the GRI can reasonably claim to have influenced.
Despite an overall trend towards seeing sustainability as an opportunity for value creation and business success, according to a new research study published today by the United Nations Global Compact and Accenture, there are major differences in perceptions of sustainability between CEOs in different industry sectors, and significant gaps in the level of integration of sustainability already achieved in their companies.
Companies should create a CSR (Corporate Social Responsibility) report because of the a real ROI they stand to gain, either through reduced costs or increased revenue, or both. The key drivers include investors, market expectations, competitors, regulators, employees, and communities. Each of these drivers has at its core either increasing revenues, or reducing costs.