Which standard is often associated with social responsibility reporting?

ISO 26000 is the standard that focuses specifically on social responsibility and provides guidance on how organizations can operate in a socially responsible way. It covers a broad range of issues including human rights, labor practices, environmental impact, fair operating practices, consumer issues, and community involvement. Unlike other ISO standards that are more focused on specific management systems, ISO 26000 helps organizations understand the social and environmental impacts of their operations and encourages them to adopt practices that contribute positively to society.

This standard is particularly significant in the context of sustainability accounting as it helps organizations to recognize the importance of transparent reporting in relation to social responsibility and encourages stakeholders to assess the social outcomes of business activities. Essentially, ISO 26000 provides a framework for organizations to improve their social performance, making its relevance to social responsibility reporting paramount.