The paper aims to support small and medium enterprises (SMEs) in overcoming the difficulties they encounter in initiating sustainability reporting, proposing a “general” process for identifying a standard set of key sustainability indicators, that is specifically tailored on SMEs characteristics.
The paper moves from the analysis of the existing international frameworks for sustainability reporting, and it discusses the main motivations whereby they are hardly applicable for SMEs. Then, it proposes a theoretical approach, which derives the set of key sustainability indicators starting from GRI, but explicitly considering SMEs specificities.
The paper presents and discusses the application of the proposed approach to a network of Italian steel SMEs.
The approach proposed can support SMEs to face the problems they face in implementing sustainability reporting (resource and capability constraints and lack of operative instruments to support them), helping them to derive financial benefits arising from more sustainable choices.
Contrary to most existing international reporting guidance, this work does not seek to identify a set of general purpose key sustainability indicators (KSIs). Instead, the paper sets out a “general” process for obtaining a standard set of KSIs for use by any promoting organisation, whether a public administration seeking to reinforce sustainability strategies, or a trade association looking to support proactive SMEs.
