The Importance of Sustainability Reporting

Not just Swiss companies face the challenge of adapting to stricter, EU-inspired standards in terms of disclosure of the carbon footprint. The discussion about sustainability reporting is also gaining momentum globally.

This article uses Prime Computer’s best practice examples to explain what sustainability reporting is and why businesses benefit from being transparent about their business activities in the light of sustainability. Furthermore, you can learn in the full version of this article, how to take the first steps in reporting business activities and provide you with helpful advice from our CSR department. CLICK HERE to read the entire article on our website.

What is sustainability reporting?

In a sustainability report, companies publish their activities and services with which they assume responsibility: for the employees and the environment – in their own company and the value chain. In addition to the annual report, the sustainability report is an essential element of corporate communication.

The sustainability report aims to understand your business’s impact on the environment, society, and governance.

Prime Computer’s sustainability report includes 6 points, which we also recommend to anyone who wants to create such a report. Click here to read those points and the full article: Why Sustainability Reporting is Important to Your Business

The advantages of a sustainability report are obvious.

Enormous costs can be saved by making small changes, e.g., reducing material and energy consumption. In addition, dealing with and optimising processes offers room for innovation. Also, the disclosure of corporate activities increases transparency towards stakeholders. At Prime Computer, for example, we are committed to communicating how we manufacture products – strengthening trust in our products and services. And last but not least, by publishing sustainability reports, entrepreneurs can also become pioneers in an entire industry and inspire others to follow them on the path to a sustainable and environmentally friendly business.

Prime Computer has set the task of further advancing the circular economy, and in our report published at the beginning of 2022, we describe what we have done so far and what steps we will take in the future.

Transparency is key!

Those who report transparently on their corporate activities will anchor the principle of sustainability in their corporate strategy and constantly improve their social and ecological performance. By developing sustainability models, companies can identify environmental, social and economic challenges and work continuously to position themselves as sustainable in the long term.

“Sustainability reporting is essential to raise awareness among stakeholders, but more importantly to monitor progress and improve sustainability efforts. I recommend that every company analyse and record sustainability metrics to optimize processes and efficiency for long-term sustainable business performance.”

- Valentin Boutmy, Sustainability Manager at Prime Computer

Five steps to the sustainability report.

We have to be honest: the preparation of a sustainability report involves a great deal of work, especially in the first reporting year.

Of course, a sustainability report is primarily based on solid data, which forms the basis of the reporting. But a sustainability report is more than just statistics and can serve to educate a larger audience about the company’s goals and vision. We at Prime Computer have thought about what content our report should convey in five steps.

To learn more about the five steps, visit our website and read the entire blog post about sustainability reporting.

Furthermore have a look at our sustainability report, HERE, to find out which sustainability goals we’ve reached, and what goals we set to reach this year!

Get inspired by Prime Computer's Sustainability Report 2021!

The publication of an annual sustainability report is an essential part of corporate governance, and a report is relevant to all businesses, regardless of size or industry. In addition, a CSR report provides information on topics pertinent to stakeholders and creates trust through transparency. Committed companies communicate clearly and unambiguously which goals they have achieved and which hurdles they still have to overcome in the future. Sustainability is never a process that can be completed but an ongoing journey that we are all on. We also make our Sustainability Report 2021 available to share our commitment toward the environment and society, and to give inspiration for your projects.

Have a look at our sustainability report to find out which sustainability goals we’ve reached, and what goals we set to reach this year!

CLICK HERE FOR PRIME COMPUTERS SUSTAINABILITY REPORT 2021

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