Corporate reporting has evolved to reflect a changing world of economic and geopolitical challenges. Along with financial statements, businesses are increasingly expected to document and report nonfinancial data.
Whilst reporting on a business’s nonfinancial data may have been seen as an add-on rather than a core requirement, the regulatory landscape has become established and it’s clear that reporting on sustainability efforts must be included in corporate and financial reports.
As public concern about climate change increases, stakeholders call for transparency