The sustainability report is a report (prepared annually) by an organization, a company, or an entity, which examines the sustainability performance from the perspective of impacts (both positive and negative) and financial, economic, social, and environmental risks.
Furthermore, the report also analyzes the expectations of its stakeholders (that is, all those subjects interested in the activities of that specific company: employees, suppliers, shareholders, potential investors, customers, the media, authorities, and associations present in the area).
The European Union in the Commission's Green Paper (2001) defines the Sustainability Budget as:
“The integration of social and ecological concerns of businesses into their commercial operations and their relationships with stakeholders.” Six years later, the Ministry of the Interior in Italy also provided a national definition for this corporate commitment: “The Social Report is the outcome of a process through which the administration accounts for the choices, activities, results, and use of resources over a given period, allowing citizens and various stakeholders to understand and form their own judgment on how the administration interprets and fulfills its institutional mission and mandate.”
With the sustainability report, a company, a public entity, or an association periodically communicates the results of its activities, not limiting itself to financial and accounting aspects but also reporting the social and environmental results generated by the company in the course of its activities.
The “Sustainability Report” module of AGE Suite allows the Client to assist in drafting the company’s “Sustainability Report” by natively integrating with both the “Materiality Analysis” module and the “ESG Indicators” module.