Global S&T Development Trend Analysis Platform of Resources and Environment
New edition of Reporting Matters highlights key role corporate transparency plays in addressing pressing global challenges | |
admin | |
2021-10-21 | |
发布年 | 2021 |
语种 | 英语 |
国家 | 国际 |
领域 | 资源环境 |
正文(英文) |
Published: 21 Oct 2021
Type: News
Geneva, London 21 October 2021: According to a new report launched today by the World Business Council for Sustainable Development (WBCSD), reporting and accountability are more important than ever as businesses strengthen their sustainability commitments through WBCSD’s updated membership conditions. The findings are included in the ninth edition of Reporting Matters – WBCSD’s annual review of its member companies’ sustainability and integrated reports in partnership with Radley Yeldar (RY). Spanning 168 leading global companies, this year’s research shows continued progress in corporate sustainability reporting. This year, Reporting Matters presents a focus on the role that corporate reporting plays in shaping and communicating the contribution of businesses in addressing unprecedented challenges in climate change, nature loss, and inequality. Key findings from this year’s research are outlined below and will be shared in a launch webinar on October 29. Reporting is improving
The state of Sustainable Development Goal (SDG) reporting
The state of integrated reporting
The state of Global Reporting Initiative (GRI) reporting
The emergence of Sustainability Accounting Standards Board (SASB) and Task Force on Climate-related Financial Disclosures (TCFD)
The future is digital
Peter Bakker, President and CEO of WBCSD, said: “Amidst global efforts to bridge the disconnect between financial systems and environmental and social impacts, the business community is making stronger commitments to contributing to a net-zero, nature-positive and equitable future. Clarifying and harmonizing decision-useful sustainability information that companies share with financial actors and other stakeholders is an urgent priority. Reporting is central to upholding accountability and transparency in the sustainable transition.” Jennifer Black, Sustainability Reporting Director at RY, said: “The results from this year’s Reporting Matters review reflect the wider adoption of frameworks and standards by businesses, particularly around SASB and TCFD. This is a promising trend as businesses focus on transparent and rigorous reporting, seeking ways to share decision-useful content that spans both the financial as well as the non-financial and taking us beyond a siloed approach to sustainability. The uptake of businesses reporting against the TCFD over the last year is especially heartening as businesses increasingly seek to integrate climate-related risks into their broader risk framework. I firmly believe that reporting, when done right, is both a valuable internal management tool for businesses, as well as a galvanizing force for sustainability action externally.” Going forward, it is clear that the long-term strategic thinking set out by the SDGs, WBCSD’s Vision 2050 and the broader push for more inclusive forms of capitalism are needed more than ever. Companies must be resilient and maintain their sustainability momentum to survive. With this backdrop, Reporting Matters will continue into 2022 as WBCSD and its member companies work to improve corporate reporting as we accelerate the transition to a sustainable world. Download the full report here. Register for the launch webinar on 29 October 2021 here. |
URL | 查看原文 |
来源平台 | World Business Council for Sustainable Development |
文献类型 | 新闻 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/339134 |
专题 | 资源环境科学 |
推荐引用方式 GB/T 7714 | admin. New edition of Reporting Matters highlights key role corporate transparency plays in addressing pressing global challenges. 2021. |
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