Sustainability or ESG (environmental, social and governance) accounts have become the mainstay of corporate reporting. Public and private sector leaders recognise the importance of providing a complete and connected picture of how their organisation creates value for stakeholders and positively impacts people’s lives.
Investors are equally demanding non-financial information and disclosures to understand how non-financial concerns or sustainability/ESG matters impact short-, medium- and long-term financial viability. Not-for-profit organisations are equally embracing sustainability reporting to communicate impact to donors to sustain funding for their activities.