Shareholders and or investors play an important role in any business, since
they ultimately shape the way a business operates and develops.
Increasingly, businesses are facing demands for transparency from their shareholders. Companies are expected to measure and publicly report information on the impacts of their operations, and to engage shareholders in meaningful dialogue about issues of concern. Even before making an investment, financial backers are using their own ethical, social and environmental criteria to screen companies.
One way to answer shareholder questions and to show how your business is developing is to use a new reporting mechanism - such as triple bottom line reporting. This will give shareholders and potential investors a clear picture of your business today and highlights your open attitude.
Discover different reporting methods below.
If your business activities are conducted in an ethically and socially responsible way, you may gain a higher profile and increased employee loyalty.
Compiling a 'sustainability report' is a great way to move your business forward. And it is not as complicated as you might think. Reporting in this way shows your business in a positive light - as an organisation tuned into today's society.
Today many investors are looking beyond the balance sheet before deciding where to invest. A company with good ethical, environmental and social practices can be a more attractive investment to both financial institutions and shareholders.
Stakeholder is an umbrella term used to describe any individual or group affected by your business. There are a host of business benefits associated with developing stronger relationships with your stakeholders.