In May this year, the Governance & Accountability Institute released its sixth annual monitoring and analysis of S&P 500 Index company sustainability reporting. It found that 82% of the companies included published a sustainability or corporate responsibility report in the year 2016 – up only 1% from last year, but still a marked increase from the 20% who were doing so at the time of the first report in 2011.
As companies become larger, the level of sustainability reporting increases. Of the world’s largest 250 corporations, the Global Reporting Initiative (GRI) says that 92% report on their sustainability performance. Following the adoption of the UN’s Sustainable Development Goals (SDGs), GRI and the UN Global Compact launched a new initiative, SDG Leadership Through Reporting, to promote and advance corporate reporting on the SDGs.
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