What does the Balance principle help stakeholders to achieve?

The Balance principle is designed to provide stakeholders with a comprehensive view of an organization's performance. It encourages a reasoned assessment that includes both positive and negative aspects rather than solely highlighting achievements or high-performance metrics. This comprehensive approach allows stakeholders to make informed decisions based on a full understanding of the organization's environmental, social, and governance (ESG) impacts.

By incorporating a balance of both favorable and unfavorable information, stakeholders can engage with the organization's true performance, fostering transparency and accountability. This principle helps avoid the pitfalls of selective reporting, allowing for a more nuanced discussion about strengths and areas for improvement within the organization. Ultimately, this aids stakeholders in understanding the overall implications of the organization’s activities, driving better-informed decisions and promoting improved practices.