Writing a corporate sustainability report brings so many benefits, even and especially to those companies that as of today are not yet required to report.
Here are some advantages:
Strategic Tool
- Reflecting on numbers, data and projects in the non-financial sphere leads the company to discover its strengths and weaknesses and find new solutions.
- More importantly, it leads to envisioning a strategy with a view to the future.
Organizational Tool
- It improves business dynamics and facilitates the operation of processes.
- It improves efficiency and results in business cost savings.
Most importantly, it leads to envisioning a strategy with a view to the future.
Communication Tool
- By sharing corporate data, the company gives stakeholders a signal of transparency and accountability.
- It serves both to communicate internally, with employees, and externally, with all stakeholders.
Competitive Advantage
- Improved working environment
- Increased employee motivation and productivity
- Driven to find new solutions
- Increased attractiveness to young talent
- Facilitated access to public credits and contracts (LCPubb)
Reputational Advantage
- Protects against reputational risk.
- It makes the company more attractive to customers and all stakeholders.