Report on Corporate Sustainability Performance

Sustainability indeed has become critical attention nowadays due to certain reasons:

1.      Regulations.

Regulations from governments along with the administration codes of the industry demand that companies have to address sustainability impressively (Searcy, 2012). The disagreement points with regulations costs to companies are as mention below:

·         Legal cost

·         Fail productivity because of some extra analysis

·         Fines and penalties cost

·         A possible conclusion of activities

·         The impacts that associated with the corporate integrity

                     2.      Community Relations

Achieving permission from governments to operate, communities and other partners are fundamental for corporations to handle further business. Excellent performance on sustainability could gain an impressive reputation from the partners and enhance community relations along with the business performance.

3.      Revenue and cost authorization

Sustainability is able to make financial worth for the corporation from the improvement of revenues and fewer costs.

4.      Societal and moral responsibility

Due to their influences on the environment and society, companies indeed have a responsibility to maintain sustainability. Individual responsibility for both social and the effects on environment-related to their social and moral responsibility motivated executives and corporations to apply sustainability in their approach.

References of Corporate Sustainability Performance

Epstein, M. J. (2018). Making sustainability work. Best practices in managing and measuring corporate social, environmental and economic impacts., 282.

Searcy, C. (2012). Corporate sustainability performance measurement systems: A review and research agenda. Journal of business ethics, 239-253.