The world's most widely-used sustainability reporting tool should be used to identify corporate risks, not just to churn out a report, according to Global Reporting Initiative chief executive Michael Meehan.
A new survey shows a dramatic increase in the importance that institutional investors put on environmental disclosures, and the result should prompt companies to rethink how they report, says consultancy EY.
The leaders of the World Business Council for Sustainable Development and the Global Reporting Initiative will be in Sydney next month to explain the business implications of the Paris climate talks and the new UN Sustainable Development Goals.
Preparing an effective sustainability report involves a lot more than just collecting and presenting data, says Jackie Allender of the Australian Centre for Corporate Social Responsibility.
Telstra has created a shortlist of 24 'high sustainability risk' suppliers based on factors including poor recycling of rare metals, lax regulatory scrutiny and significant energy use.
Prompted by a review of the coal seam gas industry, the NSW Government will develop an online portal providing easy public access to a vast array of environmental data held by state agencies.
Some companies still treat sustainability and social responsibility staff only as compliance officers, while others use them to create value, according to a new national survey.