The 2012 Ceres conference highlighted the evolving practice of sustainability reporting and its relationship to financial reporting. With major resources dedicated to financial controls and reporting, sustainability reporting is still a lesser focus. But, signs point to changing expectations and a coming shift. Here are some clear takeaways.
A review of Fortune 200 and other leading companies reveals distinct trends in corporate reporting. The move online is accelerating. Print remains vital, albeit in smaller runs. More companies are issuing responsibility reports. And, integrated reporting has taken a step forward with a number of industry leaders.
This event featured a look at trends in corporate reporting for 2010 with a special focus on integrated reporting, featuring senior executives from Pfizer sharing their experience.
Many companies have come to realize it is no longer optional to address sustainability and corporate social responsibility. There is a lot of buzz about integrated reporting, but without a consensus on reporting standards you may be asking, should I produce one document, or two?