This paper aims to illustrate the emerging trend and importance of sustainability reporting, and proposes that stakeholder engagement helps gain insights into this rising trend to better understand stakeholder concerns. Pressure for sustainable business practices continues to rise.
Pressure from stakeholders compels businesses to prove their governance effectiveness, accountability and transparency through corporate sustainability disclosure. To cater to diverse stakeholder needs and achieve continuous improvement, it is important that businesses engage with targeted stakeholders and obtain meaningful feedback on their sustainability performance and reporting processes, which helps to meet stakeholders’ demands and improves businesses’ future sustainability agenda.
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