When deciding what to report externally regarding sustainability performance, a company should

disclose its past results and future strategies. This will help the company to demonstrate its progress,

achievements, challenges, and commitments in relation to its environmental, social, and governance

(ESG) goals. Disclosing past results and future strategies will also enhance the company’s

transparency, accountability, and credibility with its stakeholders, such as investors, customers,

employees, regulators, and the public.

Disclosing results of poor performance or acceptable performance alone is not sufficient, as it does

not provide a complete picture of the company’s sustainability performance. Moreover, disclosing

only poor performance may damage the company’s reputation and trust, while disclosing only

acceptable performance may raise doubts about the company’s honesty and reliability. Disclosing

why current regulations are too costly is irrelevant and inappropriate, as it does not reflect the

company’s sustainability performance or efforts. It may also imply that the company is not willing or

able to comply with the regulations or improve its sustainability practices.

Reference : A Comprehensive Guide on How to Write a Sustainability Report; Designing Your

Company’s Sustainability Report; What to Include in a Sustainability Report.