In the earlier days, the main concern for the business was shareholders’ wealth maximisation but now a paradigm shift has happened towards the stakeholder model where sustainability is given significance so that value can be created over the long term (Hoque, 2017). Owing to this concern is sustainability, the need for the non-financial information has grown in the last two decades which has meant that the traditional reporting is no more sufficient considering the limited flexibility that it offers to accommodate non –financial performance parameters. This report