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Reporting matters 2022

Reflecting on a decade of progress in the effectiveness of sustainability reporting

29 November 2022

Reporting Matters

Over the last ten years, continued progress has been made in the effectiveness of sustainability reporting and its ability to drive sustainable business transformation – according to the milestone 10th anniversary edition of Reporting matters, published by the World Business Council for Sustainable Development (WBCSD) in partnership with RY.


Since 2013, the publication has driven increasingly effective reporting practices to the benefit of all stakeholders, supporting readers to improve the effectiveness of their disclosures by sharing reporting trends and best practices.


More than 1,600 reports from more than 150 leading global companies have been reviewed to date – and rising overall scores demonstrate the progress that’s been made and how wider communications are more effectively conveying sustainability activity and impact.


This year’s publication explores the challenges of reporting on double and dynamic materiality, the journey to a reasonable level of assurance and the benefits of improving accessibility.


Key findings include:

  • 93% of member companies in our benchmark have improved their Overall scores since the baseline year of 2019
  • 34% have improved their Materiality score
  • 94% of reports reviewed acknowledged the SDGs in some way
  • 45% of reports reviewed reference the SASB standards, up from 10% in 2019
  • 98% of members with an offline-first approach produce complementary online content, up from 64% in 2019

Jennifer Black, Sustainability Reporting Director at RY, said: “Sustainability reporting has transformed over the last decade and it’s rewarding to see such positive results from our long partnership with WBCSD. Reporting matters has proved instrumental in supporting businesses to improve the effectiveness of their reporting, respond to the changing demands from external stakeholders and keep up with an ever-evolving regulatory landscape.


We’ve witnessed steady progress in the rigour that underpins reporting through more rigorous materiality assessments, the integration of sustainability strategies into business plans and the broadening use of communication channels and platforms – all driven by diversifying audience needs. These changes are making sure reporting remains relevant and fit for purpose for the decade ahead.”


If you would like further information on Reporting matters, or to discuss your sustainability reporting and communications, please get in touch. We’d love to chat.


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Reporting matters 2022

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Reporting Matters 2021

2021's report 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.


Download it here.

Reporting Matters launch webinar 2021

The launch event covered key findings from the 2021 edition of Reporting Matters, WBCSD's annual review of member company sustainability reports in partnership with Radley Yeldar.


Watch it here


Reporting Matters Extra Shots Specials


Following the launch of Reporting Matters, we produced a series of short films, each one focusing on a different aspect of the future of reporting and sustainability. 


What's the future of materiality?


The conversation around materiality is rapidly evolving. Concepts such as dynamic and double materiality are altering organisations’ approaches, driven by changes in the reporting landscape and the emergence of new regulations and guidance. Financial and impact materiality are moving centre stage. But despite the changes driven by the reporting space, there’s huge value to be gained by using materiality as a strategic tool. In this film, we explore a new direction for materiality, with impacts for reporting and beyond.

Extra Shots Reporting

Standards and Frameworks


We’re all familiar with the complexity of the reporting landscape, and the so-called “alphabet soup” of reporting frameworks. Too often, we hear of organisations feeling overwhelmed by the choice and the complexity and burdened by the requirements. In the midst of it all, have we lost sight of the value that standards and frameworks can bring? In this film, we take a step back and explore how organisations can adopt a more strategic approach by using frameworks and standards as an enabler of great reporting.

Extra Shots Reporting

Live beyond the report


Every year, organisations invest significant resources to produce compelling, authentic, and credible reports. But often these remarkable assets are not used to their full potential and opportunities are missed to use them as tools to educate, inform, drive decision making and ultimately, change behaviour. In this film, we share top tips and suggestions to ensure reporting lives beyond the launch.

Extra Shots Reporting
Reporting matters 2020

2020's report presented a focus on the acute impacts of COVID-19 and looked to tie it with other sustainability issues, how WBCSD responded and the role of corporate sustainability reporting in that environment.


Download it here.

Reporting matters launch webinar 2020

2020's report presented a focus on the acute impacts of COVID-19 and looked to tie it with other sustainability issues, how WBCSD responded and the role of corporate sustainability reporting in that environment.


Watching the recording here 

Reporting matters 2019

2019's report presented the evolution in reporting that WBCSD and its members wanted to see in response to the increasing complexity of the reporting landscape, alongside external perspectives from leading regulatory and voluntary voices.


Read it here.