Awesome Sustainability Reporting Activities for Your Company
ESG sustainability reporting is the best thing to happen to the planet in many years. It is creating new ways to address societal and environmental challenges in a way that other protocols could not. Although it comes at a cost, we must emphasize that this turns out to be negligible when compared to associated benefits. For example, the connection you develop with stakeholders might be all you need to convince investors to inject more funds into the company and clients to buy more from you.
Sustainability also helps to cut down the cost of production, and more importantly, gives you the satisfaction of helping the planet become a better place for all. You cannot be left out as others join this noble course. To help you out, here are some activities that will help you make a bigger impact and win you more support from stakeholders.
How Does ESG Sustainability Reporting Work?
ESG sustainability reporting is the disclosure of a company’s impacts in three key areas; environmental, social and governance. It is aimed at helping companies put more emphasis on responsible operations as a way of addressing challenges facing the planet. No matter the area your company operates in, from manufacturing to finance, there is something you can do to help address global warming, pollution, social injustice, or other challenges.
To enjoy the benefits of ESG reporting, you must follow the right reporting process, which includes company review to identify the main opportunities & risks and pick the preferred framework. You also need to identify the reporting topics after doing a materiality assessment. Remember that all your actions must be reported correctly and the information presented verifiable. This is why you need to have the best sustainability reporting software.
Activities for Sustainability Reporting
One of the principles of ESG reporting is materiality, which means that you should select the reporting topics that have the greatest impact on sustainability. So, here are some of the best reporting topics:
- Support Electronic Recycling Initiatives
Concerns about electronic wastes have been rife for years as people wonder what to do with old and damaged computers and phones. Well, you can help put them into good use by supporting initiatives that collect and recycle them. This is likely to impress your stakeholders because it will be helping extend the utility of materials.
- Adopt an Endangered Animal to Help Protect It
We have all heard about extinct animals and wondered how the world would look with them. Now, we have the opportunity to prevent the current species from getting extinct. As a company, you can adopt one of the critically endangered animals to help fund its protection and rapid reproduction. This is one action that will give you support from home and away.
- Change to a Different Type of Energy
When we talk about global warming and how to address it, it is important to appreciate that it is the small actions that each company takes that will make the objective achievable. So, you can set the ball rolling for your company by changing to more sustainable energy sources. Good examples include shifting to more renewable energy, such as solar, wind, hydropower for your company’s operations.
These are a few of the reporting topics that you should include in your ESG report. Your stakeholders will want to be associated with a company that is pushing the globe to the next level for a better future. Remember that if you find ESG reporting challenging, it is important to consider working with experts. Visit Diginex.com to learn more about ESG reporting and select the best software for sustainability management and reporting.
