Disclosure of environmental and social performance is increasingly becoming part of good business practice. Companies are being scrutinised by NGOs, regulators and investors and the production of stand-alone environmental, social, CSR and sustainability reports are seen as a fundamental requirement for all economically significant companies.

Wider trends are also influencing company disclosure of environmental and social performance – this is starting to be known as “Convergence/Integrated” reporting. Forthcoming changes under current Company Law revision will require companies to conduct a Business Review where they are required to identify significant environmental and social issues that may have an impact upon their business performance.

This is a step forward in the mandatory disclosure of non-financial perfomance issues and companies will need to understand that this new legal requirement will have implications for the way they manage their business and disclose performance.

Terra works directly with companies and with experts in corporate disclosure and reporting to develop innovative approaches to CSR and sustainability reporting and to translate new legal requirements into business practice.