Sustainability ReportingBy

Shilpa KulkarniAssistant Professor,

Symbiosis Institute of International Business

Why report?Demonstrating Transparency Creating financial valueEnhancing ReputationAchieving Continuous ImprovementImproving regulatory complianceStrengthen risk awarenessInnovationManagment PracticesStakeholders inclusiveness

Stakeholder Matrix

Keep Satisfied

Respond to Requests Keep

informed

Focus Efforts

Leve

l of

infl

uen

ce

Level of interest

High

HighLow

Reporting ObjectiveClear cut alignment of business strategy and

sustainability reportingAs per needs and expectation of target

audience

What to Report

So many ways

Business Responsibility reportingGlobal Reporting Initiative(GRI)Dow Jones Sustainability Index(DJSI)FTSE4goodESG screeningInternational Integrated Reporting

FrameworkUN global compact ISO 14000 ,26000 ,50001 So on…………………….

Comment Examples

Regulatory Reporting

Compliance based reporting

Disclosures under various Acts, BRR, Financial audits

Investment or Market driven disclosures

Focus on specific ESG factors

Carbon Disclosure projectsDow Jones Sustainability index

International Reporting standards and guidelines

Acceptable across the world

GRI,Global Compact,AA1000

Business Responsible Reporting(BRR)Section A:General informationSection B: Financial detailsSection C:Other DetailsSection D: About BRR reporting and

frequency

Global Reporting Initiative(GRI)

Walk throughWhy to reportWho should initiate reportingWhat to reportTypes of reportingProcess of reporting