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Sustainability Repoting – is an essential factor for smart business today. Sustainability Reporting and disclosure on environmental, social, and governance (ESG) issues is increasing globally. Sustainability Reporting is the disclosure and communication of environmental, social, and governance (ESG) goals—as well as a company’s progress towards them. A sustainability report is a report published by an organisation on its material non-financial performance information, incorporating Environmental, Social, and Governance (ESG) concerns. A sustainability report is the critical first step in implementing a strategy that can help an organisation to set goals, measure performance, manage sustainability-related impacts and risks, and understand how it drives value for its stakeholders.
There are many frameworks, standards and guidelines are available for preparing sustainability reports. The main frameworks are the Global Reporting Initiative (GRI), Carbon Disclosure Project (CDP), the Dow Jones Sustainability Index (DJSI), the Sustainability Accounting Standards Board (SASB), the UN Sustainable Development Goals (SDGs). The Securities and Exchange Board of India (SEBI) has also mandated Business Reporting and Sustainability Reporting for 1000 Listed companies and provided their framework. The Ministry of Corporate Affairs (MCA), Govt. Of India also developed National Guidelines on Responsible Business Conduct (NGRBC).
URS provide advisory services to the corporats for preparing Sustainability Reports under GRI Framework. URS is also a third party AA1000AS accredited aganecy to provide Assurance to the Sustainability Reports. URS Successfully Completed Assurance to NTPC Sustainability Report for year 2014-16 and Impact Assessment of Sustainable Development projects of NTPC located at NTPC Talchar, NTPC Kayamkulam, NTPC Rihand, NTPC Singrauli, NTPC Barh, NTPC Faridabad, NTPC Vindhyachal, NTPC Korba, NTPC Sipat, NTPC Dadri. URS is also completed Impact Assessment of CSR projects of Pernod Ricard and Diageo world leading corporats.
How URS can help Corporate on Sustainbiliy Reporting Frameworks. 1) Assist to the Corporates to choose right framework for Sustainability Reporting 2) Collect, Manage and Analyse Environment, Social, Governance and Economi Data for accurate disclosures 3) Manage Corporates disclosures submission to the GRI, CDP, EcoVadis, SEBI, MCA etc. 4) Assist Corporates to contribute in Sustainable Development Goals (SDGs) 5) Provided third party assurance to Sustainability Report under AA1000AS Standard.