engleski

Leadership for Sustainability: Connecting Corporate Responsibility Reporting and Strategy

This chapter describes how and why normative justification for corporate responsibility has been replaced with business case thinking. Modern organizations do link their non-financial reports to strategy because corporate responsibility is seen as a source of competitive advantage, growth, motivation, and innovation. Nonfinancial reporting potentiates companies to understand, learn, and redefine their social and environmental impacts and its cost ; how to minimize both impact and cost ; and how to capitalize on challenges that management face on a daily basis. The connection between CR strategy and non- financial reporting is described along with how it is relevant for the successful business of modern organizations. By improving CR strategies and developing unique non- financial reporting, organizations can be more effective and efficient in the local community, which will positively reflect on their business model and in achieving higher sustainability levels.

Corporate Responsibility ; Corporate Responsibility Strategy ; Integrated Reports ; Non-Financial Reporting

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