Which of the following statements is true of sustainability reporting? January 1, 2023 by admin It replaces traditional financial reporting outside the United States, but is only an optional supplementary reporting system within the US. It is required by law on a global level for all public companies. There is only one standard method for presenting sustainability reporting, and it is used by a majority of companies who choose to publish their sustainability metrics. It augments traditional financial reporting and can be presented as a standalone additional report or as an integrated report. See Answer It augments traditional financial reporting and can be presented as a standalone additional report or as an integrated report.