Summary |
A key purpose of non financial disclosures is to assist organizations, both large and small, in identifying the cross-cutting dimensions of triple bottom line performance across environment, social and economic dimensions. It is through the process of reporting and disclosure that enterprises start to measure, learn and improve on the way they make decisions and take actions. And by doing so, they create sustainable value for the organization and its stakeholders. It is important that companies should not just talk about responsible practice, but also operate responsibly. This can happen only if there is sustained and active communication with stakeholders and a practice of transparent reporting.
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