Corporate social reporting traces its early roots to the 1970s,
when sporadic initiatives such as the social reports produced
in Germany, tried to examine a company’s long-term valuecreating potential beyond its financial performance.
However,
the current...
More
Corporate social reporting traces its early roots to the 1970s,
when sporadic initiatives such as the social reports produced
in Germany, tried to examine a company’s long-term valuecreating potential beyond its financial performance.
However,
the current reporting movement emerged in the United States
in the late 1980s, as the SARA (Superfund Amendments and
Reauthorization Act) legislation led to availability of more
emissions data in the public domain.
Sustainability as a concept received worldwide recognition
following a report by the World Commission on Environment
and Development, known as the Brundtland Commission, in
1987.
The United Nations-appointed commission coined the
term “sustainable development”, which over the next few years
spurred corporate non-financial reports that integrated diverse
sustainability issues.
In the early 1990s, companies started
voluntarily disclosing non-financial information, such as their
environmental footprint, to supplement their CSR initiat
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