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Corporate and Sustainability Reporting: Governance

   

Added on  2023-06-04

10 Pages1191 Words355 Views
CORPORATE AND
SUSTAINABILITY
REPORTIGOVERNANCE NG
Name of the Student -
Name of the University -
Corporate and Sustainability Reporting: Governance_1
Introduction
Sustainability is a major issue of concern in the modern business
world where every organization should be abide by the protocols of
the society as well as maintain ethical corporate practice as a part of
their organizational strategy
Sustainability reporting is necessary to strategize their organizational
culture and societal practices towards redesigning an improved
framework of business environment
Sustainability enhances the efficient implementation of corporate
governance and operational management in the fields of
communication, accounting and organizational strategy making
Corporate and Sustainability Reporting: Governance_2
Overview/ Background Information
Survey data by KPMG in Australia by 2013, revealed that corporate
reputation is highly dependent upon effective reporting practice
regarding sustainability
Corporate governance and sustainability reporting are the major factor
in building public trust and increasing loyal employee retention within
the organization
The K-Z Index (Kaplan – Zingales Index) came out to be 0.6 lower
compared to the lower sustainability companies
Lower score is a better parametric indicator of the fact that few funding
constraints in terms of capital is present within the financial initiatives of
the organizations
Corporate and Sustainability Reporting: Governance_3

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