According to a recent study conducted by one of the GRI Data Partners, The Governance and Accountability Institute Inc. (G&A), companies that report sustainability issues using GRI framework provide higher quality reports. The research team compared companies’ disclosures using 11 criteria: Chair’s / Executive Message Environment Philanthropy & Community Involvement External Stakeholder Engagement Supply Chain [...]
During past few years, the number of sustainability reports has increased steadily. At the same time different kinds of ranking systems of the reports have arisen and can have significant impact on stakeholders’ decision making. The authors (Lin, Romero, Jeffers, DeGaetano, Aquilino) compared three different sustainability rankings, Newsweek, Forbes, and CSR Magazine Global, in their [...]
MIT Sloan Management Review and The Boston Consulting Group have examined for eight years how corporations relate to sustainability issues and have published a final report about the results. In their report – Corporate Sustainability at a Crossroads (published 23rd May 2017) – the writers ponder for example in what stage the corporate sustainability is [...]
Jean Rogers (CEO of SASB) and Tim Mohin (Chief Executive of GRI) published a joint article about corporate sustainability reporting; where it is heading to and what kind roles do these two different frameworks have in the field. GRI was the first sustainability reporting framework developed and today majority of companies are using it as [...]
Tofuture joined UN Global Compact in 2010 and since then the 10 principles that Global Compact is based upon, has been integrated into our company culture and policy. Since joining UNGC, Tofuture has submitted its Communication on Progress report annually. The newest report for reporting year 2016 can be found on UNGC’s website https://www.unglobalcompact.org/.
Tofuture held a morning conference last week in Hotel Haven located in center of Helsinki. The meeting was targeted to Tofuture’s current clients, partners and to everybody who was interested to hear about latest news related to companies’ non-financial reporting obligations as well as about Tofuture’s upcoming CSM features. The meeting started with delicious breakfast [...]
“Investors see a strong link between corporate sustainability performance and financial performance so they’re using sustainability related data as a rationale for investment decisions like never before.” "Investors Care More About Sustainability than Many Executives Believe" “Understanding investor priorities is an important responsibility for a company’s top executives and its board of directors. Based on [...]
The Global Reporting Initiative - GRI - has launched new GRI Standards presenting a new best practice in sustainability reporting. The GRI Standards are based on the G4 Guidelines and have minimal impact on the reporting process. The G4 Guidelines and G4 Implementation Manual have been restructured in a new modular structure which is easier [...]