KPMG study: 80% of top companies now report on sustainability

Eighty percent of leading companies around the world now report on sustainability, according to Big Four firm KPMG’s 2020 Survey of Sustainability Reporting, “The Time Has Come,” according to a NPR report.

This year’s report — now in its 11th edition — details the sustainability reporting of 5,200 companies, representing the top 100 companies in each of 52 countries. The report focuses on three key areas in studying companies’ sustainability reporting this year: risks of biodiversity loss; reporting on climate change and carbon reduction; and reporting on the United Nation’s Sustainable Development Goals.

Key findings in the report include:

  • 80 percent of the top 5,200 companies now report on sustainability, up from 75 percent in 2017.
  • One-quarter of the 52 countries polled by KPMG have a sustainability reporting rate of 90 percent or more.
  • For the first time, more than 50 percent of companies are applying third-party assurance to their sustainability reporting.
  • North America and Latin America combined have the highest regional sustainability reporting rates, ahead of Asia Pacific (84 percent), Europe (77 percent), and Middle East & Africa (59 percent).
  • Latin America leads in the reporting of biodiversity-related risks.
  • Approximately 40 percent of polled companies include financial risks of climate change in their reports.
  • A majority of polled companies now have plans in place to reduce carbon emissions.

Share on Socials!

Related Articles

Related Articles

After a decade, OSHA issues new railroad construction rules

Most railroad construction will be exempted from OSHA construction crane regulations when a federal final rule revision takes effect Nov. 16. The changes sought by the railroad industry ...
Read More

How to Prevent Combustible Dust Incidents in the Workplace

Jessica Barrett, Safeopedia Dust in the workplace might not seem like a serious hazard. After all, what workspace doesn't accumulate a little dust? But, with the ...
Read More

OSHA reminds employers of important protections for working safely in summer heat

Throughout much of the U.S., high temperatures and humidity in the summer season can create hot and hazardous working conditions, both outdoors and indoors. OSHA reminds ...
Read More