Promoting sustainability reporting in Central and Eastern Europe

Sustainability reporting is an essential element of corporate social responsibility. It includes systematic analysis and disclosure of economic, social and environmental aspects of a corporation's activity. The GRI has developed the Sustainability Reporting Guidelines, used by major business companies throughout the world. The IFC, the GRI and the CEU are launching a collaborative project to pilot corporate sustainability reporting in Central and Eastern Europe (CEE). The goals of the project are:

* Raising awareness about and strengthening capacity for corporate sustainability reporting in CEE
* Analysing the regional specifics of sustainability reporting and the feasibility of wide utilisation of the GRI Sustainability Reporting Guidelines in CEE
* Creating a network of corporations and institutions in CEE concerned with corporate social responsibility and sustainability reporting
* Supporting production of pilot sustainability reports conforming to the GRI Guidelines in selected CEE companies with the assistance provided by CEU and GRI.