Early reporting on the SDGs can lay the groundwork for a robust approach for future SDG related disclosure and prevent a company from lagging behind peers. Reporting against the SDGs this year presents a valuable opportunity for businesses to hone their strategic direction as sustainable development challenges increasingly take center stage in the international community. SDG reporting is still nascent, so acting now — before the reporting guidance, developed by the Global Reporting Initiative (GRI) and United Nations Global Compact (UNGC) is published in September — demonstrates corporate commitment. A dry-run can benefit companies by laying the foundation for a reporting process by enabling companies to:
- map out the process for future efforts
- identify gaps in areas that they would need to cover once the official reporting guidance comes out.
FULL STORY Published April 26, 2018 via GreenBiz