The non-financial reporting landscape can appear crowded and confusing, particularly when it comes to choosing the right non-financial reporting framework for your organisation.
While reporting non-financial performance has become increasingly important for organisations, it’s also, if anything, become more complex. The need to navigate through a wide range of definitions, timescales and expectations puts pressure on individuals and organisations to make the right choice when it comes to selecting a reporting framework. They need to understand their reporting requirements and choose the most appropriate reporting framework.
There are many clear reasons for organisations to report on their non-financial performance, including legal requirements, reputation enhancement and opportunities to identify saving opportunities. But these reasons alone don’t necessarily help when it comes to choosing the right reporting framework to use.