Innovation is seen by around 80% of business leaders as key to being a responsible organisation. Whether it’s new product development, use of more environmentally-friendly or sustainable technologies, supply chain innovation and sustainable procurement or a greater overall emphasis on social responsibility – these are all hallmarks of an innovative organisation.
Consequently, sustainability and CSR issues are also key business drivers and need to be treated in the same way as financial drivers. This necessitates the same attention to detail and verification of information as is commonly applied to financial reporting. And the result is a superior financial performance as well.