Sustainability reporting

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Corporate sustainability reporting has a long history going back to environmental reporting. The first environmental reports were published in the late 1980s by companies from the chemical industry which had serious image problems. The other group of early reporters was a group of engaged SME with very advanced environmental management systems.

The European development in the 1990s was influenced by EMAS and the growing number of EMAS Statements. At the end of the century more than 5000 EMAS Statements were available to the public.

At the end of the 1990s more and more companies started to enlarge their environmental reports to include social issues, and sustainability reporting developed.

The most important drivers for the quality of sustainability reports are the guidelines of the Global Reporting Initiative, award schemes (from ACCA) or rankings.[citation needed]

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