Sustainability reporting has become a buzz-word that companies, ranging from SMEs to large companies as well as multinationals are adopting. Sustainability reporting or "non-financial reporting" is when a company creates a report detailing its environmental, social, governance, and economic goals, as well as its progress towards achieving them.
It is instrumental in helping companies to communicate their relevant information on the company’s long-term economic value and contribution towards a sustainable economy, taking account of the company’s economic, environmental, social and governance performance and impacts.