By Christina Ameln, Sustainability Strategist and Advisor –
First published by the Vietnam Investment Review in its annual Sustainable Development Magazine 2023 – Taking Responsibility with a broad distribution at Vietnam’s development events and COP28 in UAE in November, 2023.
Sustainability reporting involves companies disclosing their environmental, social, and governance (ESG) progress to key stakeholders, including investors, customers, employees, etc. It has been around for some time. The quality of sustainable reporting varies significantly, from non-existent to excellent.
One market that is pushing the change towards excellence in sustainability reporting is the EU, through its Corporate Sustainability Reporting Directive (CSRD). This directive has a potential to be game-changing far beyond EU borders, even here in Vietnam.