Highlights of the survey:
- Sustainability reporting is a mainstream business practice globally.
- 71% of the N100 across 41 countries report on sustainability and 93% of the G250.
- As a region, AsPac has seen the biggest increase in reporting levels (particularly India, Singapore, China).
- 87% of the G250 identified commercial opportunities from social and environmental factors.
- New Zealand lags the rest of the world – less than half of our largest companies produce a sustainability report. No significant improvement from the last survey in 2011.
- The quality of reports is variable. There is generally poor reporting of supply chain impacts, stakeholder engagement and governance. Reporting of metrics and targets is usually done well.
- New Zealand companies risk missing the opportunities that comes with taking a broader view of how business value is derived.