Sustainability Analysis And Reporting System Essay

1. Introduction Corporate sustainability is the capacity of a business to operate for long-term by creating shareholder value and managing risks derived from economic, environmental and social developments. For this purpose, companies need an appropriate system for the evaluation and measurement of their own performance towards stakeholders and for the communication of results achieved. According to Perrini Tencati (2006), a company can creates value if it adopts managerial approach based on sustainability. It means that a company should not only consider and creates relationship with its shareholders, employees and clients but also creates relationship with suppliers, local communities, authorities and civil societies. After 15 years of research activities in the field of economic, social and environmental sustainability, an integrated approach is derived that aims to aggregate different management tools like social reporting, environmental reporting and key performance indicators in to a comprehensive model, called sustainability evaluation and reporting system (SERS). The purpose of Sustainability Reporting system is to check and report overall corporate performance and to build a true and fair view of business situation. For this reason, set of integrated performance indicators are used to get the information needs coming from different stakeholders group. 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