Optimizing Transparency and Accuracy: How Technology Revolutionizes Sustainability Reporting

Abstract

This paper aims to provide the impact of technology in sustainability reporting anda how technology revolutionizes the company operations. In sustainability reporting, there are three important aspects that can be used to evaluate a company's performance, namely, first, environmental, which focuses on managing the company's impact on nature. Second, corporate social interaction with employees, communities and society at large. Third, the governance of a company includes the structure of the board of directors, transparency in reporting, business ethics and compliance with the law. With the increasingly rapid development of technology, it plays a crucial role in supporting sustainability reporting. Technology in sustainability reporting allows companies to collect, analyze and report data more efficiently and effectively. By using special software, companies can automate the process of collecting data from various sources, this can speed up the reporting process so that companies can more quickly assess and improve sustainability performance. Additionally, technologies such as big data and analytics enable companies to gain deeper insights into the environmental and social impacts of corporate performance. By analyzing large amounts of data, companies can identify trends and patterns that may not be visible with traditional methods. This helps in better and strategic decision making, and allows companies to set more measurable sustainability targets.