New survey reveals companies using software to monitor sustainability performance rose by 50% in the last four years.
New survey reveals companies using software to monitor sustainability performance rose by 50% in the last four years.The proportion of companies that use software to monitor their sustainability performance increased by 50% between 2006 and 2010, according to a new survey from the Global Reporting Initiative (GRI). This means that people producing sustainability reports will keep up to date with emerging trends in software use and digital reporting.
The new GRI survey includes information about 99 companies and other organisations globally that registered at least one sustainability performance report with GRI between 2006 and 2010. The results show an increase in sustainability reporting within the sample, with 61% of firms producing reports in 2006, and rising to 94% in 2009.
Companies that produce reports on their sustainability performance are increasingly reliant on software. From 99 people who responded to the survey 64 of them produced a sustainability report in 2006 - and 21 of those companies used software to produce their reports. Last year, 44 of 89 organisations used software.
There are many software options for a company wanting to produce a sustainability report, from developing tools in-house to purchasing software designed by providers. The results of the new survey emphasize the importance of software to companies that want to report on their sustainability performance.
Nelmara Arbex, the GRI's deputy chief executive, said 'This brings to light an interesting trend in reporting, and confirms the rise in the use of software and digital reporting tools that we expected.'
Arbex added that more information and Indicators that can be used electronically will also encourage more companies to report on sustainability performance in the future, helping on the path to a sustainable economy.