Disclosure practices refer to the systematic approaches and standards by which organizations report their sustainability performance and impacts to stakeholders. These practices are crucial for ensuring transparency and accountability, facilitating informed decision-making among investors, consumers, and the public. They involve the collection, validation, and communication of data related to environmental, social, and governance (ESG) factors, which are increasingly important for evaluating an organization's long-term viability and ethical standing.
congrats on reading the definition of Disclosure Practices. now let's actually learn it.