What Challenges Do Entrepreneurs Face in Sustainability Reporting?
Entrepreneurs often encounter several challenges when it comes to sustainability reporting:
1. Resource Constraints: Small businesses may lack the resources—both financial and human—to conduct thorough sustainability reporting. 2. Data Collection: Gathering accurate and comprehensive data can be difficult, especially for startups that may not have robust data collection systems in place. 3. Complexity: Understanding and complying with various reporting frameworks can be complex and time-consuming. 4. Stakeholder Engagement: Ensuring that the sustainability report meets the needs and expectations of various stakeholders can be challenging.