毕马威-2020年可持续发展报告调查（英文）-2020.12-63页_10mb

KPMG Survey of Sustainability Reporting 2020 Summary

Core Content

The KPMG Survey of Sustainability Reporting 2020 is the 11th edition of the survey, which has been tracking global sustainability reporting trends since 1993. This year, the survey analyzed reports from 5,200 companies across 52 countries and jurisdictions, making it the most comprehensive to date.

The survey highlights the increasing importance of sustainability and ESG reporting, noting that it is now widely recognized by financial stakeholders as a critical component of corporate reporting. The title "The Time has Come" reflects the growing urgency and acceptance of sustainability reporting in the global business landscape.

Main Trends and Findings

• Global Sustainability Reporting Growth:

  • 80% of N100 companies worldwide now report on sustainability.
  • This rate has increased by 5 percentage points since 2017.
  • Over 90% of the G250 (world's 250 largest companies) report on sustainability.
  • North America leads with a 90% reporting rate, while Latin American companies also show strong growth.

• Regional Insights:

  • Americas: 90% of N100 companies in the Americas report on sustainability, with Mexico (100%), the US (98%), and Canada (92%) leading.
  • Asia Pacific: Sustainability reporting has grown by 6 percentage points to 84%, with Japan (100%), Malaysia (99%), India (98%), Taiwan (93%), and Australia (92%) as top performers.
  • Europe: The reporting rate remains at 77%, but Eastern Europe has seen significant growth (+9 percentage points) due to regulatory frameworks like the EU Non-Financial Reporting Directive.
  • Middle East and Africa: Reporting increased by 7 percentage points, with South Africa (96%) and Nigeria (85%) leading, though some countries like Angola (30%) and Saudi Arabia (36%) lag behind.

• Key Reporting Areas:

  • Biodiversity Loss: Less than 25% of "at-risk" companies report on biodiversity-related risks. Mining is the only sector where a majority of companies report.
  • Climate Risk: Around 40% of companies report on climate-related risks in line with TCFD recommendations. A majority of companies have set carbon reduction targets.
  • UN SDGs: A significant majority of companies connect their activities with the SDGs, though the reporting is often unbalanced and not well aligned with business goals. SDGs related to economic growth, climate change, and responsible consumption are most prioritized, while those related to biodiversity are least addressed.

• Third-Party Assurance:

  • Third-party assurance of sustainability information is now a majority business practice globally.

• Investor and Regulatory Pressure:

  • Investors and regulators are increasingly demanding ESG information.
  • In Japan and Mexico, 100% of the top 100 companies report on sustainability, driven by regulatory and market demands.

• Future Outlook:

  • The upcoming years are expected to see further acceleration in sustainability reporting due to international initiatives toward reporting standard convergence.
  • The IFRS Foundation is working on a global sustainability reporting standard, with strong support from organizations like IOSCO.
  • The trend toward linking corporate carbon targets to global climate goals is growing.
  • Social issues such as child labor and diversity will likely gain financial relevance in the near future.

Key Authors and Their Contributions

• Richard Threlfall: Global Head of KPMG IMPACT, emphasizes the importance of biodiversity reporting and the need for companies to align with global sustainability norms.
• Adrian King: Co-Chair of ESG & Sustainability Services, discusses the convergence of reporting standards and the role of the IFRS Foundation in developing a global framework.
• Wim Bartels: Co-Chair of Impact Measurement, Reporting & Assurance Services, highlights the shift in perspective from corporate responsibility to financial risk.
• Jennifer Shulman: Co-Chair of Impact Measurement, Reporting & Assurance Services, focuses on the integration of sustainability into business strategies and the need for innovation and transparency.

Key Research Samples

• N100: Represents the top 100 companies by revenue in each of the 52 countries and jurisdictions, providing a broad-based snapshot of sustainability reporting.
• G250: Consists of the world's 250 largest companies by revenue, often seen as leaders in sustainability reporting and trendsetters.

Conclusion

The KPMG Survey of Sustainability Reporting 2020 underscores the global shift towards sustainability reporting as a standard business practice. With increasing regulatory and market pressures, companies are being compelled to disclose ESG information more comprehensively and transparently. The survey also highlights the need for more balanced and meaningful reporting on the UN SDGs, particularly those related to biodiversity, and the growing relevance of social issues in corporate financial risk assessments. The future of sustainability reporting is expected to be more harmonized, with a focus on investor needs and the development of a global standard.