What is non-financial reporting?

Non-financial reporting refers to the disclosure of information that goes beyond traditional financial metrics, focusing instead on a company's social, environmental, and governance (ESG) impacts. This type of reporting is crucial for stakeholders to understand the broader implications of a company's operations and its contributions to sustainable development.

This reporting is particularly vital for large multinational corporations, which have significant impacts on various social and environmental issues. By disclosing non-financial information, companies can enhance their accountability, improve their risk management, and strengthen their relationships with stakeholders, including investors, customers, and the communities they operate in.