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Regarding specific SDGs, firms can communicate the following (GRI, United Nations Global

Compact & WBSCD, 2015, p. 28):
• Through which analysis and why certain SDG has been identified as significant for the

firm;
• The effects of firms certain SDGs activities;

• Set targets for SDGs and measurement of progress towards achieving targets;
• Strategies and activities for reaching firms declared SDGs targets.

One of the possible ways to communicate about SDGs commitment and activities is to use visual

tools to highlight certain SDGs activities (GRI, United Nations Global Compact & WBSCD, 2015,
p. 28). Reporting and communication can also be segmented based on socio-economic criteria
to provide a more specific and precise information for certain groups (GRI, United Nations Global
Compact & WBSCD, 2015, p. 13).
Today’s access to information in sustainability reports by users should be easy to access in digital

and machine readable formats. Hence, in the EU it is advised that firms prepare their reports in
regulated European Single Electronic Format (ESEF) (Ravlić Ivanović et al., 2022, p. 34).

Quiz questions

1. In the past, sustainability reporting and communication were considered as:

A. Risk management activity
B. Compliance activity

C. Procurement activity
D. IT activity

2. According to some studies, achieving the SDGs could create more than:

A. 80 million jobs
B. 180 million jobs

C. 280 million jobs
D. 380 million jobs

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