The reason for increase in sustainability reporting practices is, civil society’s and governmental pressure exerted on companies to improve their sustainability performance, the main purpose of reporting is to provide an breakdown of companies’ performance at a given point and on time to control perceptions and to legitimize its behaviour (Nummert, 2014). Therefore, sustainable reporting has become a priority among private organizations worldwide and has been one of the main objectives of sustainability assessment practices (Kolk, 2004).
3.2.2. Drivers of sustainable reporting
There are three main categories which have been identified to drive the decision by companies to reveal information about their sustainability performance.
01. External drivers ‘‘in terms of background factors embedding the respective companies thus constitutes the conditions under which the firms …show more content…
These can be categorised as internal and external drivers. In order to answer the second question of the report which was the relationship between sustainability reporting and organisational change management, it can be state that the concepts are interrelated and mutually influence each other and also sustainability reporting is a product of change by communicating efforts to shareholders. Sustainability reporting always had a positive impact on organisational change by mainly contributing to increased sustainability awareness and commitment which will give end result in changes towards more corporate sustainability. In sustainability reporting, drivers has aimed to evaluate the companies sustainability performance, to increase corporate transparency, and also to reduce the information irregularity between organisation and its shareholders and through this ensure company’s corporate accountability (Wilmshurst & Frost, 2000; Adams,