Sustainability report

DEFINITION: A report published by a business about the economic, environmental and social and governance performance of its operations. It is aimed at enhancing an organisation’s commitment to sustainable development in a manner that can be verified to both internal and external stakeholders.

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The handbook offers advice on creating an engaging sustainability report and sharing it with key stakeholders

Seven steps to success: edie launches the smarter sustainability reporting handbook

With more stakeholders, staff and consumers demanding knowledge and information on corporate commitments, edie has published a handbook to help create an engaging and informative sustainability report.

The smarter sustainability reporting handbook

A new era is upon us: the UN’s Sustainable Development Goals (SDGs), the Paris Agreement on climate change, the Modern Slavery Act (MSA) and the Task Force on Climate- related Financial Disclosures (TCFD) have together paved the way for an entirely new approach to corporate sustainability.

The EAC does not believe that a voluntary approach will be effective in the medium-term

MPs urge UK Government to make climate risk reporting mandatory

Ministers have urged the UK Government to make it mandatory for companies and asset owners to report on climate-related risks by 2022 in order to "fix" the short-term mindset of the current financial system.

BT maintained its share of electricity generated from renewable sources at 82% last year - contributing a 5.4% year-on-year fall in its overall operational emissions

BT generates £5.3bn in revenue through carbon-combative products, again

BT's range of consumer operations and products which contribute to carbon savings were worth more than £5.3bn last year for the second year running, while the company also increased the amount of carbon it helped customers avoid by 1.3 million tonnes year-on-year.

Mission Possible: The 2018 report

Welcome to the future of sustainable business. edie's Mission Possible 2018 report has landed, exploring the key commercial drivers, challenges and opportunities on the road to a low-carbon, resource-efficient planet.

edie Explains: Smart grids

What is a smart grid and why is it important? What are the potential business benefits of the smart grid transition? And how mature is the smart grid concept in the UK? This free edie Explains guide gives you everything you need to know.

We take a tour of a giant solar system and then hear from speakers at edie's Energy Management Forum and Sustainability Reporting Conference

Sustainable Business Covered podcast: Solar, storage and sustainability reports

This bumper episode of the edie podcast includes a behind-the-scenes tour of the largest solar installation in the Higher Education sector, plus interviews with sustainability and energy experts from Compass Group, Beyond Business, Pets at Home, LandSec and M&S.

Gathering dust: Sustainability reporting experts are in agreement that annual CSR updates need to become a much more integral part of business strategy

Is it time to kill off the standalone sustainability report?

This week's Smarter Sustainability Reporting conference saw a number of industry experts discuss the evolution of the sustainability report, with some going so far as to argue that an individual annual report no longer carries the necessary impetus to drive change. So, is the age of the standalone sustainability report finally over?

The report will be updated over time as new practices emerge to help businesses avoid risks of SDG

Best-practice guide for business action on SDGs launched by WWF and Gold Standard

Businesses have been urged to capitalise on the benefits of delivering against ambitious goals on the Sustainable Development Goals (SDGs), in a report which provides a host of best-practices for business leaders to inform their strategies going forward.

Britvic has also made major strides in its bid to develop a viable bottle from sustainable wood fibres

Britvic on course for zero-waste status

Soft drinks company Britvic looks set to become a zero-waste company by 2020, with the firm's latest sustainability report revealing recent efforts to cut down on plastic waste, carbon emissions and water use.

The Reporting Exchange gathers resources from 70 sectors and is designed to be used by each sector as a collaborative platform

The Reporting Exchange: Global platform launched to streamline sustainability reporting

As more companies switch to integrated reporting linking sustainability actions with financial filings, the World Business Council for Sustainable Development (WBCSD) has launched a free, online platform to help businesses navigate the increase in reporting requirements.

The priorities of citizens and businesses are often misaligned, the report warns

PwC: Businesses still not meaningfully engaging with SDGs

Up to two-fifths of businesses are still failing to engage meaningfully with the 17 Sustainable Development Goals (SDGs), according to new research from PwC.

As part of the report, Kraft Heinz introduced a new goal to transition to a 100% cage-free egg supply globally by 2025

Transparency focus helps Kraft Heinz accelerate towards supply chain goals

EXCLUSIVE: Food processing company Kraft Heinz has enrolled in a journey of transparency to help deliver its CSR strategy, with the company's first ever sustainability report highlighting achievements with palm oil sourcing and challenges related to water consumption.

Sustainability Leaders Awards 2018 shortlist revealed!

After a record-breaking number of entries, the judging panel has met, the decisions have been made and edie is proud to reveal the finalists for the 2018 Sustainability Leaders Awards.

While PepsiCo is a quarter of the way to its 2025 goals for annual water replenishment, the company has made slow progress across key sourcing targets

PepsiCo makes slow progress as it embeds new sustainability strategy

Food and beverage company PepsiCo has made inroads into its new set of sustainability targets, although a year of calibrating on new baselines means that progress will have to accelerate to reach key goals.

The report calls for firms to apply financial capabilities to capture environmental opportunities and show investors a resilient business

CDP: Businesses failing to capture financial gains from environmental performance

Major telecommunications and consumer goods firms are failing to capture financial value from strong environmental performance, according to research, despite almost $500bn in disclosed value at stake.

Willmott Dixon's chief executive Rick Willmott called on the sector to make carbon a priority on the business agenda

Willmott Dixon cuts carbon emissions by 13% in a year

Construction firm Willmott Dixon has called on the industry to "strive to find less carbon-intensive ways to operate", as the company's latest sustainability report details a 13% reduction in carbon emissions over the last 12 months.

The company recently became the first automaker to pledge to the Business Alliance for Water and Climate’s Improve Water Security initiative

Ford focuses on water stewardship as it approaches key carbon target

Automotive giant Ford will place an increased focus on improving water security, as the company's latest sustainability report reveals that it is within touching distance of a 30% carbon reduction goal originally scheduled for 2025.

Heinken UK's storybook notes a series of achievements in its attempts to reduce water and energy consumption

Heineken UK reports CSR progress in sustainability storybook

Sustainable sourcing and mental health awareness are some of the key areas touched upon in Heineken UK's new 'sustainability storybook', which outlines the brewer's progress on tackling major social and environmental issues.

Converting production lines from steel to aluminium between the next two to four years could account for an 18% reduction in carbon emissions

Molson Coors aims to halve carbon intensity by 2025

US-based brewer Molson Coors is targeting a zero-waste-to-landfill status across all of its major manufacturing facilities and a 50% reduction in carbon emissions as part of an ambitious new sustainability strategy that seeks to offset recent business growth.

Nearly nine in ten Millennials surveyed (86%) are interested in sustainable investing, compared with three-quarters of individual investors overall (75%)

Millennials twice as likely to invest in green business, survey reveals

Millennials are driving global growth in sustainable investing, according to financial services firm Morgan Stanley, which has discovered that the younger generation are twice as likely to invest in companies targeting social or environmental goals.

Twelve industry experts came together in London to discuss how a sustainability report can effectively produced and disseminated to build trust and maximise engagement

Sustainability reporting: 10 steps to build trust and increase engagement

Sustainability and corporate responsibility managers from a range of businesses across the country recently gathered in London for an exclusive roundtable hosted by edie and DNV GL, which explored the steps required to take sustainability reporting onto the next level.

For future targets, waste will be tackled alongside existing goals to conserve water as part of a wider aim of “improving resource efficiency”

Interserve updates sustainability targets to account for business growth

Construction firm Interserve has set new sustainability goals for 2020 and 2025 to better reflect the "sheer scale and change" of the business, which has reduced construction waste by a quarter and carbon emissions by almost 20% since 2013.

The aim from Virgin is to share the report via “assets that are timeless” – that aren’t tied to a particular launch day

Gift of the GIFs: Virgin Media unveils 'highly shareable' sustainability report

Telecoms giant Virgin Media released its latest sustainability report update on Wednesday (5 July), utilising social media and GIFs to engage people about the latest sustainability efforts, which included a 7.5% annual reduction in carbon emissions.

The company attributes some of the success of its carbon reduction goal to its LEAN Energy scheme, which engages employees in a “culture of conservation”

Kimberly-Clark struggles with post-consumer waste as it surpasses carbon goal

Personal care consumer product manufacturer Kimberly-Clark has surpassed a 2016 emissions goal, and is forging ahead towards a 20% reduction by 2022, as outlined in the company's latest sustainability report.

CCEP continues to ensure that all of its packaging is recyclable

Coca-Cola European Partners closing in on 100% renewables target

Multinational bottling company Coca Cola European Partners (CCEP) has almost cut emissions in half over the past six years, as it closes in on a target to purchase 100% of its electricity from renewable sources.

TCFD suggests that the value at risk, as a result of climate change, to global manageable assets ranges from $4.2trn to $43trn between now and the end of the century

TCFD: Businesses worth $2trn back final climate disclosure recommendations

More than 100 businesses including Unilever, Barclays and HSBC, have publicly committed to support the final recommendations listed by the Task Force on Climate-related Financial Disclosures (TCFD), which seeks to disclose climate information as part of mainstream financial statements.

The research found that only 29% of the firms reporting to the scheme disclose their performance against carbon emission reduction targets

Report: UK businesses have 'long way to go' to reduce emissions

UK businesses have been urged to ramp up efforts to reduce carbon emissions after research found that organisations involved in the Government's Carbon Reduction Commitment (CRC) energy efficiency scheme emitted more than 41 million tonnes of carbon dioxide during the 2015-16 compliance year.