Industry benefits from CSR and sustainability reporting

The values of corporate social responsibility (CSR) and sustainability are becoming ingrained in how companies operate, even when they are not actively pursued. Leading manufacturers and utilities are not only embracing these concepts, but publicly sharing their successes, failures, and goals in annual sustainability reports.

Managing CSR processes and benchmarking sustainability data allows companies to document their stewardship and performance progress, improve operational efficiency and profitability, and comply with voluntary guidance standards such as ISO 26000 and the Global Reporting Initiative (GRI) framework. Advancements in analytics and the Internet of Things (IoT) are improving reporting ease and opportunities.

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Source: Plant Services