Knowledge Management in the Context of Sustainability Reporting

Abstract

The evolution of sustainability reporting as a fundamental component of contemporary corporate operations is indicative of its growing significance in the modern business landscape. From being initially used as a marketing tool to build an image of corporate social responsibility (CSR), sustainability reporting has evolved into a key element expected by investors, as well as an obligation imposed by increasingly stringent legal regulations. The aim of this article is to outline how contemporary organisations are using knowledge management in the context of the increasing requirements for sustainability reporting. The article examines how knowledge management is addressed by key standards and regulations such as the Global Reporting Initiative (GRI), the Task Force on Climate-related Financial Disclosures (TCFD), the Sustainability Accounting Standards Board (SASB) and the Corporate Sustainability Reporting Directive (CSRD). The paper also presents case studies of companies that have implemented advanced knowledge management systems, such as databases, business intelligence tools and collaboration platforms, to optimise their sustainability reporting processes. The case studies show that the integration of these solutions allows for increased efficiency, transparency and credibility of sustainability reports, which in turn translates into increased trust among stakeholders. The article concludes with recommendations.