Sustainability Impact Reporting
At Family Business United, we recognize the critical role that family firms play in building a sustainable future. As businesses rooted in long-term commitment and community values, family firms are uniquely positioned to drive meaningful sustainability initiatives.
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Our approach to Sustainability Impact Reporting focuses on helping family businesses measure, track, and report their environmental, social, and economic impact.
Why Sustainability Reporting Matters
Sustainability is more than just a trend; it’s a fundamental responsibility for businesses today. Sustainability Impact Reporting allows family businesses to:
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Reduce Environmental Impact: By monitoring resource usage and minimizing waste, companies can lower their carbon footprint and contribute to the fight against climate change.
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Strengthen Social Responsibility: Demonstrating fair labor practices, community engagement, and diversity initiatives helps build trust with stakeholders.
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Ensure Long-Term Economic Viability: Sustainable practices can lead to increased operational efficiency, cost savings, and improved resilience in a changing market.
Frameworks for Reporting
We encourage family businesses to adopt globally recognized frameworks for sustainability reporting, including:
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Global Reporting Initiative (GRI): A comprehensive standard that provides guidance on reporting environmental, social, and economic factors.
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Sustainability Accounting Standards Board (SASB): Focused on industry-specific standards to ensure relevance and comparability.
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Task Force on Climate-related Financial Disclosures (TCFD): Helps businesses disclose the financial risks and opportunities presented by climate change.
Supporting Family Businesses in Sustainability
Family Business United is committed to supporting family businesses on their sustainability journey. We provide resources, best practices, and case studies that highlight how family firms are leading the way in sustainability across various sectors. From renewable energy initiatives to community-driven social programs, family businesses are making a real impact.
Join us in celebrating the family firms that are committed to creating a better, more sustainable future for all. For more information or to learn how to start your sustainability reporting, reach out to us today.
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FBU continues to expand and has a growing membership base around the world. Recognised as THE family business champions we have also gained recognition in both of the Top 100 Global Family Business Influencers list compiled by Family Capital. We are also the VOICE of the family business community, celebrating their contribution throughout the UK and beyond.
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Family Business United (‘FBU’) is an unparalleled rallying point and voice for the global family business community and an invaluable source of insight into the sector. FBU is a resource for all, family businesses of all sizes and sectors, and their advisers, helping to raise the profile of the family business sector and to encourage greater awareness of the contribution that family firms make to the global economy through employment, income generation, wealth creation and charitable endeavours.
At FBU, everything we do is about the family business, creating the best resource available to help families in business get access to the resources and support they need to continue their family business journey, wherever it will take them.