Sustainability reports highlight a company’s attempts to implement sustainable practices and address environmental, social, and economic issues. These reports may provide information about a company’s sustainability strategy, goals and targets, and progress towards meeting those aims. These may also contain information about the company’s environmental effect, community engagement efforts, and stakeholder engagement. ESG reports, on the other hand, concentrate on a company’s environmental effect, social responsibility, and corporate governance procedures. These reports may include information on, among other things, a company’s greenhouse gas emissions, energy use, water consumption, waste management, human rights policy, labour practices, and board diversity. The goal of an ESG report is to provide stakeholders with transparency and accountability in a company’s

Sustainability and ESG reports are both important tools for providing transparency and accountability in a company’s efforts towards sustainable and responsible practices. While sustainability reports focus on a company’s broader sustainability strategy and progress towards meeting their goals, ESG reports specifically highlight the company’s performance in the areas of environmental, social, and governance (ESG) practices. 

ESG reports can provide stakeholders with valuable information about a company’s environmental impact, social responsibility, and governance procedures. This information can help investors and other stakeholders make informed decisions about a company’s potential risks and opportunities, as well as its long-term sustainability. By regularly producing both sustainability and ESG reports, companies can demonstrate their commitment to transparency, accountability, and responsible practices.