Publications -

Carrots & Sticks: Global trends in sustainability reporting regulation and policy

KPMG

KPMG’s report analyses the development of reporting instruments in the area of sustainability in 71 countries (mostly OECD countries), comparing the results with those from the 2013 report, in order to identify trends over the last 3 years.

The following conclusions were reached on a comparison with the previous report:

  • There has been a rise in the number of reporting instruments, up from 180 to nearly 400 instruments with sustainability information. The greatest increase has been in Europe, Asia and Latin America.
  • Over 80% of countries have regulations mandating the publication of sustainability reports.
  • On the whole, most reporting instruments are mandatory, although the number of voluntary submissions has risen. One in ten instruments adopts a “comply or explain” approach.
  • Nearly a third of sustainability reports are published by the major listed firms.