The Changing Face of Corporate Responsibility
In 1999, fewer than 500 companies issued sustainability reports. Meanwhile, that number became now over 3,500.
Nowadays, there is a growing request for companies to prove a responsible, sustainable, long-term approach to business, to produce a statement of their sustainability activities, and to clearly ilustrate how this relates to their core business strategy. Corporate sustainability reports now include detailed performance metrics and reflect the priority companies have given to measuring and managing the impact of their operations.
Factors that have driven the current momentum for sustainable corporate performance are: stakeholder expectations, global standards, investor interest, natural resource constraints.