Sustainability Reporting Challenges and Trends

This assignment delves into the complexities of sustainability reporting. It examines the Global Reporting Initiative (GRI) standards and analyzes how businesses navigate reporting challenges. The analysis utilizes a UPS corporate sustainability report and Forbes article to highlight industry perspectives and trends in sustainability reporting.

Sustainable Business

Table of Contents
Annotated bibliography...................................................................................................................1

What are the issues and challenges faced by the logistics sector in selecting appropriate
sustainability reporting standards?
Annotated bibliography
1.) Tong., M and Moussa., T, 2012 How Logistics Firms Deal with and Report on CSR
Expectations, 2012 [Online]. Available through
<https://www.diva-portal.org/smash/get/diva2:532117/FULLTEXT01.pdf>[Accessed On: 30th
October 2017].
Summary: It is summarised that the concept of corporate social responsibility is not new and it
started gaining more attention since from last few years. In this region there are 50 logistic
company is selected from 3 regions that is Asia, North America and other companies. It is used
for accessing the separte CSR report which is range from 2009 to 2011.
Evaluate: The research shows that logistic activities consider storage, transport and handling of
the product which move from raw material to finally finished goods. There are some logistic
activity which is structured to increase the profitability of all the firms in the supply chain.
Reflect: It is recognised that all the logistic firm have some of the support for the communities
which is essential to their ongoing process. There is required to carry out further study so that
more appropriate result can be get for the selected topic.
A.P. MØLLER, 2016 SUSTAINABILITY REPORT 2016 [Online]. Available through
<file:///home/user/Downloads/Sustainability%20report.pdf>[Accessed On: 30th October
2017].
Summary: This report cover the activity in the 2016 and it approach is to focus in material and
issues and activities in line with stakeholders. Further this report represent the statutory statement
on CSR and under-represent gender with the section 99 a and b.
Evaluate: It is committed to sustainable and responsible business no need to change and it
remains committed for Global compacts. It is continue to unlock the growth and societies and the
business through new bitter way.
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Reflect: Increased regulation for enforcement of environment regulation is lead to increase
environment impact of vessel which is necessary but the uncertainties related to this technologies
increase risk for society.
3.) Piecyk, M.I. and Björklund, M. (2015). Logistics service providers and corporate
social responsibility: sustainability reporting in the logistics industry, International
Journal of Physical Distribution & Logistics Management, 45 (5), 459 – 485 Available
from http://www.emeraldinsight.com.ezproxy.westminster.ac.uk/doi/full/10.1108/
IJPDLM-08-2013-0228 [Accessed 3rd September 2017].
Summary: In this research paper qualitative research is taken into consideration for analysing the
corporate social responsibility. The importance of CSR for the organisation is highlighted and it
show that there are few companies who are using CSR therefore improvement is required to
made in logistic sector for increasing CSR
Evaluate: The paper shows that logistic sector still not adopted CSR activities and there is low
level of reporting in this sector due to which there are many companies who are carrying out
their business at low margins.
Reflect: It is essential to develop the need for CSR in this sector but the way it can be
done is still not addressed. There is need to find other case studies of CSR leaders and
their drivers in respect to impliment sustainability.
Ivanova V., and Wollmuth. J., 6 steps for a more sustainable supply [Online]. Available
through <chainhttps://www.greenbiz.com/blog/2014/01/24/6-steps-more-sustainable-
supply-chain>[Accessed On: 30th October 2017].
Summary: It is summaries that GRI standard is the global standards for sustainability reporting as
it establish the common language for the non financial information. It is important to present the
information in an actual manner related to sustainability so that negative impact on environment
can be reduced.
Evaluate: The competition between a sustainability report methods is basically popular and it is
important to implement if for the benefits of society
Reflect: More research need to be conduct on this topic so that it become easy to
analyse the the way for supplying more sustainability.
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5.) Skroupa, C. P. (2017) GRI Rises To Sustainability Standards Challenge. Forbes, 5
July. Available from https://www.forbes.com/sites/christopherskroupa/2017/07/05/gri-
rises-to-sustainability-standards-challenge/#17c824502993 [Accessed 3rd September
2017]
Summary: The interview which is conducted with the Chief executive of GRI is lead to
cover the new standard which is launched by the UN global compact. The new tools
assist business in identifying the measure and report on their contribution for these
goals.
Evaluate: To manage the sustainability the CEO have enough knowledge regarding it in
order to report in different IT companies. The present study show the conflict in
reporting so that it become easy for the firm.
Reflect: It confirms that there are many who perceive a problem in sustainability
reporting standards as it is useful to find the other sources for supporting this view
which assist in summarising the key challenges for the business.
Abney D 2014, Committed to More™ UPS 2014 Corporate Sustainability Report
[Online]. Available through<https://sustainability.ups.com/media/UPS-2014-Corporate-
Sustainability-Report.pdf> [Accessed On: 30th October 2017].
Summary: The basis of sustainability strategy and reporting is defined as the
intersection of the matter for the most of the stakeholders. There is structure interview
conducted with the aim of from the different stakeholder groups
Evaluate: It is evaluated that there are 30 international sustainability framework and
standards which are developed for the interest of the stakeholders group. The corporate
sustainability strategy lead to make sure that it company provide its stakeholder all the
sustainability information which is relevant to them.
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Reflect: The organisations only consider the ongoing stakeholder engagement and
there are many stakeholders who appreciate the sustainability development which is
carried out by the firm
Search term
#BigBusiness
#GRIStandards
#ISO14001
#Sustainbility
Explanation
The above mentioned search terms are in the different types of reporting standard that
is sustainability, environment management system and on sustainability standards
body. Results from this reflect the different hashtag for the selected date which is
related to the #GRIStandards and further its current campaigns shows. With the use of
simple twitter search which make east to reflect the social media conversation as from
the business publishing their report such as campaigning firms and individual and the
bodies themselves.
The tag spreadsheet results firstly used for the common searches on all the search
terms so that is can be evaluated sufficiently and tweets can be received. There are
more that 50 tweet are collected which shows in the screenshots.
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