The accounting services industry is at the forefront of sweeping digital disruption. Momentous technology change, coupled with shifting consumer trends, has prompted a new methodology for how the industry creates value for clients. Great article https://www.accountingtoday.com/opinion/embracing-digital-disruption-to-drive-growth

Why is Sustainability Reporting important

The value of sustainability reporting is that it ensures organizations consider their impacts on sustainability issues, and enables them to be transparent about the risks and opportunities they face. In today’s world it’s not good enough to simply make claims about your level of sustainability. Now, organizations need to provide tangible, credible demonstrations of their level of sustainability, by following proper guidelines for sustainability reporting.

This way organizations build trust among customers and all stakeholders, which in turn directly impacts the bottom lines. As per the business axiom – you can’t manage what you can’t measure; transparency is a currency that builds trust, which build businesses.

So in a nutshell, sustainability reporting can have four major benefits to any organisation:

• It is a useful risk management tool.
• It can help generate savings.
• It helps in better decision-making.
• It helps in increasing stakeholder trust.