Review:
Sustainability Reporting Frameworks
overall review score: 4.5
⭐⭐⭐⭐⭐
score is between 0 and 5
Sustainability reporting frameworks are structures and guidelines used by organizations to disclose their environmental, social, and governance (ESG) performance.
Key Features
- Transparency
- Accountability
- Standardization
- Materiality
Pros
- Enables companies to track and communicate their sustainability efforts
- Improves stakeholder engagement
- Encourages responsible business practices
- Enhances credibility and trust with stakeholders
Cons
- Complexity in implementation for some organizations
- Potential for 'greenwashing' or misrepresentation of sustainability performance