Corporate Sustainability Reporting: The Key to SuccessCorporate Sustainability Reporting or Triple-line Reporting is widely becoming important for corporate houses. It is the reporting of non-financial performance as well as the financial performance of the company on order to satisfy the information need of the stakeholders of the company.

Every company should report their impact of their business on the environment as well as the society it is established in. for companies it is important to establish a long term relationship with their stakeholders, otherwise it will be difficult for them to achieve their long term goals without the involvement of their stake holders. Thus, it is important to keep them informed as to what they are doing to reduce the harmful effect of their business in the society and what they are giving back in return of the profits that they are getting from the stakeholders.

Many companies used to believe that achieving monetary profits is enough to survive in the world today. But today, with more and more people getting aware of the environmental and social issues, they have realized that the stakeholders will not be interested in them till they show their non-financial reports to them. Corporate sustainability reporting is becoming as important as the annual reports for big companies to create a value and good-will for the company in front of the investors. Many companies, however, does CSR reporting every year for the sake of showing that they are doing something for the environment without being fully interested in the CSR issues. This may not work in the long term. It is important that companies spend some part of their profit in CSR activities and make their stakeholders involved so that they have a positive attitude towards the company and will be more interested to invest in the company for future projects.For more information on corporate sustainability reporting and CSR reporting, visit: http://twelvecreative.com.au/