Subcategory «society» in reporting in the area of sustainable development

Abstract

Purpose: the article contains the disclosure of information about the subcategory «Society» in the sustainable development reports compiled on the basis of the international standard GRI G4 [1]. Discussion: as part of the social category of reporting in the field of sustainable development, corporations need to disclose aspects that are grouped into subcategories [2]. The subcategory «Society» involves the disclosure of reporting elements that characterize interaction with regional communities, anti-corruption, public policy, obstruction of competition, compliance with requirements, assessment of the impact of suppliers on society, and the mechanism for filing complaints [2]. Formation of reporting elements in the field of sustainable development is based on the requirements [3] of documents of the international legal framework, in particular the «International Covenant on Economic, Social and Cultural Rights», «OECD Guidelines for Multinational Enterprises», «UN Declaration on the Right to Development» as well as the national laws of the countries. Systematization of information for disclosure in reporting is carried out on the basis of local acts formed in the corporation's management system. Results: the authors formed the elements of reporting in the field of sustainable development, revealing the impact of the corporation on society and regional communities.