Environmental Reporting

Measuring and reporting EPIs is the first step towards increasing the operational environmental performance. Following the principle “do good and talk about it”, companies need to communicate what they have done in order to claim the profits for their efforts. Most companies do report their environmental performance in an annual sustainability report; however, the processes are too slow and costly to enable companies to react to current incidents that might for example threaten their reputation. Furthermore, accurate reporting would require data from outside the company’s borders where most of the creation of net value takes place. This chapter describes the state of the art in environmental reporting, extracts the shortcomings and derives the functional requirements necessary for the fulfillment of this use case in OEPI.