When it comes to sustainability reporting, businesses face a confusing landscape. According to the ESG Disclosure Handbook, there are “…almost 2,000 reporting provisions and other resources that directly or indirectly affect the way in which companies report on ESG matters.” Because there isn’t one universal standard for companies to follow, it’s difficult to determine which ones are most appropriate.
The good news is that some ESG reporting frameworks and standards such as CDP, SASB, GRI, TCFD, and WEF have been widely adopted by the private and public sector, making it easier to choose. By understanding how each of these sustainability reporting standards work, how they are unique, and how they complement each other, businesses can build ESG programs that meet stakeholder needs. This infographic will help provide clarity by illustrating the chief differences and overlaps between 3 major ESG reporting frameworks: CDP vs SASB vs GRI.
- Target audiences
- Number of companies using it for reporting
- What is reported
- And more!