Reporting in Sustainability Frameworks

Sustainability reports have become an essential tool for companies to communicate their sustainability performance and efforts to stakeholders. There are many reporting frameworks available to help you disclose your environmental, social, and governance (ESG) performance and strategy. We support you in defining a report structure based on your priorities, enabling you to effectively communicate your sustainability performance to your stakeholders.

Building the Report Structure

The structure of your sustainability report is tailored specifically to your organization, taking into account your sector, organizational setup, and value chain. For example, in a manufacturing company, the environmental impacts of the production process and the management of the downstream supply chain are emphasized; whereas, for a financial institution, the environmental and social impacts of allocated loans become key areas of focus. We help design a structure that aligns with your company’s goals, using the most appropriate frameworks for your industry and operations.

Reporting Process

Sustainability reporting can vary significantly from one sector to another. While preparing your report, we work closely with you to assess your needs and develop a report tailored to your organization and industry expectations.

01 We begin with a current state assessment, reviewing your sustainability initiatives and expectations for the report. Based on this, we design a report structure that may incorporate one or more reporting frameworks to meet industry requirements.

02 We prepare data collection templates and complete the data gathering process. Using benchmarking analysis, we identify areas with potential for improvement.

03 We carry out stakeholder and materiality analyses to determine your company’s key stakeholders and the most material sustainability topics. Based on this research and stakeholder input, we identify your company’s top sustainability priorities and create your materiality matrix.

04 If desired, we define performance indicators and targets linked to these material topics and align your sustainability actions with the most relevant areas.

05 In parallel with report writing, we ensure compliance with the selected frameworks and finalize the content accordingly.

Reporting Frameworks and Standards

Global Reporting Initiative | GRI

The Global Reporting Initiative is an independent international standards organization that helps businesses, governments, and other organizations communicate their impacts on issues such as climate change, human rights, and corruption. The GRI Standards are a modular, interconnected system that allows organizations to transparently report the impacts of their activities to stakeholders and other relevant parties. A GRI index included at the end of the report indicates which topics are covered and on which pages they can be found.

Türkiye Sustainability Reporting Standards | TSRS

TSRS is a framework issued by the Turkish Public Oversight Accounting and Auditing Standards Authority (KGK) to make sustainability reporting in Türkiye comparable, reliable, and aligned with international financial reporting standards. TSRS aims to ensure that companies disclose their significant sustainability impacts consistently and transparently. Aligned with global frameworks, it covers topics such as climate, governance, strategy, risk management, and metrics, promoting integrated information flow between financial and sustainability reporting.

Integrated Reporting | IR

The International Framework has been developed across 75 countries to improve communication about value creation and preservation. It promotes a more holistic and effective approach to corporate reporting by communicating all material factors that affect an organization’s ability to create value over time. Integrated thinking supports decision-making and action in the short, medium, and long term, aiming to enhance the quality of information presented to users of financial reports. The framework encourages transparent disclosure on how the organization manages six capital types across the value chain, guided by seven core principles.

United Nations Sustainable Development Goals | UN SDGs

The Sustainable Development Goals (SDGs) are a set of 17 interconnected global goals designed by the United Nations as a “blueprint to achieve a better and more sustainable future for all.” These 17 goals and 169 targets are a call to action for all developed and developing countries and are to be achieved by 2030. Corporate efforts and targets aligned with the SDGs are often mapped and included in sustainability reports.

SASB Standards

The SASB Standards were developed to help companies disclose financially material sustainability information to investors. Applicable to 77 different industries, the standards define ESG (Environmental, Social, and Governance) topics and subtopics that are most likely to impact financial performance in each sector. SASB also provides guidance on how these topics should be reported, including relevant metrics. In September 2020, five leading reporting organizations (CDP, CDSB, GRI, IIRC, and SASB) jointly announced a shared vision for a comprehensive corporate reporting system that includes both financial and sustainability disclosures connected through integrated reporting.

CDSB Framework

The CDSB Framework provides an approach for reporting environmental and social information in mainstream reports such as annual or integrated reports. It is designed to help organizations prepare and present environmental and social data in a way that allows investors to understand the relationship between these issues and the organization’s strategy, performance, and outlook. Its objectives include helping companies translate sustainability information into long-term value, linking it to strategy and financial performance, providing clear and consistent data for investors, and enhancing mainstream reporting while minimizing reporting burden.