A company's value is not simply just a reference to its impressive performance and its financial reports. It also refers to the role a company or organization plays in (or the attention it pays to) aspects regarding social life, economic progress and environmental sustainability. These can also serve to boost a company's value. These sustainability aspects can be comprehensively disclosed in a Sustainability Report. What, then, are the aspects that are usually listed in a Sustainability Report, … [Read more...]
The Significance of Sustainability Report for Business Development
Sustainability Reports have been on the rise for the past few decades, both for profit-based companies and non-profit ones. Though often viewed together, a Sustainability Report is not the same thing as an Annual Report. The latter outlines a company’s profile, the line of business, and its performance in terms of finance and business in a given calendar year. It is through a Sustainability Report that a company or organization can take into account its impact on various issues regarding … [Read more...]
Annual Report: Communication Aspects
Almost all companies, including the ones in Indonesia, are required to submit their performance results for the past year in the form of an annual report addressed to the public or stakeholders. On a fundamental level, an annual report not only serves as a written copy of the company's performance presented to comply with regulations or directions from regulators. It also serves as a means to gain trust from both the public and from business partners for the company's business … [Read more...]