Yesterday, we launched the sixth annual Reporting matters study in partnership with the World Business Council for Sustainable Development (WBSCD). This is a comprehensive analysis of over 158 leading companies in over 17 supersectors and 31 countries.
Reporting matters provides detailed insight into how companies are reporting against a variety of factors such as strategy, stakeholder engagement and accessibility of the report itself. Each year, confidential feedback is provided to these companies to help improve the effectiveness of their reporting.
This year, the study has evolved to take a wider view on global issues. Three new sections have been introduced; ‘deep dives’ which focus on water, climate change and human rights. This is reflective of Reporting matters’ observation that companies are increasing their focus on issues with regional, value chain and social impacts.
Additionally, with the Sustainable Development Goals (SDGs) increasingly being used as a strategic framework, another initiative new to 2018 is an overall SDG grade on the scoring dashboard. This is accompanied by an expanded SDG section of the report, which includes updates on reporting against them.
Some key stats from this year’s Reporting matters include:
The state of SDG reporting
- 89% of reports reviewed acknowledge the SDGs in some way; 53% map their sustainability strategy to relevant SDGs and provide some evidence of activities.
The state of integrated reporting
- 33% of reports reviewed combine financial and non-financial information, up from 22% in 2014; 18% are self-declared integrated reports.
The future is digital
- Only 20% of reports reviewed provide a digital-first experience; but 53% of member companies include the bulk of their report content online to complement their PDF report (2017: 44%).
Click here to read the full report.
If you’d like to learn more about our partnership with WBCSD, and how we can help your sustainability report meet best-practice standard, get in touch at [email protected]