Principles of forming sustainable development reporting

Abstract

Purpose: the author disclosure the reporting principles in the field of sustainable development. Discussion: рrinciples of determining the content of the report and the principles of ensuring the quality of the report provide the transparency reporting in the field of sustainable development. The statements must be disclosed as determined by the parties concerned, their priority, assessment of their interests and expectations. The principles for determining the content disclose the sequence of corporation actions to identify significant aspects of the report, reflecting significant economic, environmental and social impacts and having a significant impact on the evaluations and decisions of interested parties. Determining the threshold values of indicators, in particular, their low, medium and high priority, as well as ensuring the completeness of the report, including the coverage of indicators, boundaries and reporting timeframes, are of great importance for the content of the reporting. The quality of the report provides balance, comparability, accuracy, timeliness, clarity, reliability of its indicators. Results: the information formed on the basis of the presented principles will allow interested parties to evaluate the activities of the corporation and make sound economic decisions.