For businesses, sustainability has never been more accessible, or more confusing.

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As customers, investors, and businesses place growing importance on company reporting for ESG (Environmental, Social, Governance) factors, many companies lack the understanding of which ESG reporting framework they should use. Other challenges, such as competing frameworks, lack of uniform reporting standards, inconsistent reporting metrics, and difficulty of comparing companies also hamper ESG reporting adoption.

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Luckily, there are a few widely accepted reporting standards which help companies monitor the ESG impacts of their business, while also satisfying the demands of business stakeholders.

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This article summarizes the prominent sustainability reporting standards, so you can choose the right framework for your business.