1、EDGE OF PAGE MARGIN CROP MARKS MARGIN EDGE OF PAGE MARGIN CROP MARKS MARGIN EDGE OF PAGE MARGIN CROP MARKS MARGIN EDGE OF PAGE MARGIN CROP MARKS MARGIN 2017 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated wit

2、h KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. | The ro

3、ad ahead The KPMG Survey of Corporate Responsibility Reporting 2017 EDGE OF PAGE MARGIN CROP MARKS MARGIN EDGE OF PAGE MARGIN CROP MARKS MARGIN EDGE OF PAGE MARGIN CROP MARKS MARGIN EDGE OF PAGE MARGIN CROP MARKS MARGIN 2017 KPMG International Cooperative (“KPMG International”), a Swiss entity. Memb

4、er firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm third parties, nor does KPMG International have any such authorit

5、y to obligate or bind any member firm. All rights reserved. | 2017 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has a

6、ny authority to obligate or bind KPMG International or any other member firm third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. Contents About this survey2 Research samples: the N100 and G2503 Executive Summary4 What do these

7、findings mean for business?6 Quantitative global trends in corporate responsibility reporting N100 companies continue to catch up with the G2509 Reporting in Latin America grows, Eastern Europe yet to catch up11 Regulation, stock exchanges and investor pressure drive national reporting rates 15 Lagg

8、ing sectors gain ground20 More companies include CR data in annual financial reports21 Integrated Reporting takes off in certain countries24 Assurance of CR data continues steady growth26 GRI remains the most popular framework for CR reporting28 Acknowledging the financial risks of climate change Th

9、ree quarters of companies worldwide yet to acknowledge climate change as a financial risk 30 Very few companies quantify climate risks or model their financial impacts 31 What is driving acknowledgement of climate risk in the leading countries? 32 Mixed picture for TCFD priority sectors among the N1

10、0033 Climate risk reporting: the worlds largest companies (G250)34 Linking CR activity to the Sustainable Development Goals SDGs emerge as a clear trend in CR reporting39 SDG reporting among the worlds largest companies42 Acknowledging human rights as a business issue Human rights is firmly on the a

11、genda as a global business issue44 Companies in India, the UK and Japan are the most likely to discuss human rights 46 Mining companies are the most likely to acknowledge human rights47 Linking carbon targets to the global climate goal More companies set carbon targets49 Most carbon targets are not

12、linked to greater climate goals50 How we can help51 Methodology52 Acknowledgments56 EDGE OF PAGE MARGIN CROP MARKS MARGIN EDGE OF PAGE MARGIN CROP MARKS MARGIN EDGE OF PAGE MARGIN CROP MARKS MARGIN EDGE OF PAGE MARGIN CROP MARKS MARGIN 2017 KPMG International Cooperative (“KPMG International”), a Sw

13、iss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm third parties, nor does KPMG International have a

14、ny such authority to obligate or bind any member firm. All rights reserved. | About this survey Welcome to the KPMG Survey of Corporate Responsibility Reporting 2017. This is the 10thsurvey since the first edition was published in 1993. This year, KPMG member firm professionals reviewed corporate re

15、sponsibility (CR) and sustainability reporting from 4,900 companies in 49 countries and regions, making this the most extensive survey ever. The survey provides a detailed look at global trends in CR reporting and insights for business leaders, company boards, and CR and sustainability professionals

16、. It is designed to offer guidance on good practice to corporate professionals who assess and prepare their own organizations CR reporting. It also serves as a guide to investors, asset managers and ratings agencies who now factor environmental, social and governance (ESG) information into their ass

17、essments of corporate performance and risk. The survey is based on several months of research, with KPMG member firm professionals analyzing thousands of company financial reports, corporate responsibility reports, and websites. The number of companies and markets involved in the survey means that i

18、t is one of the most comprehensive and authoritative pieces of research on CR reporting available worldwide. This year the survey spotlights four major emerging trends within CR reporting: Reporting on climate-related financial risk Reporting on the UN Sustainable Development Goals (SDGs) Reporting

19、on human rights Reporting on carbon reduction targets Lead authors Jos Luis Blasco Global Head, KPMG Sustainability Services As well as leading KPMGs global Sustainability Services network, Jos Luis also heads the Sustainability Services practice at KPMG in Spain and has served as Head of Governance

20、, Risk and Compliance at KPMG in Spain. He joined KPMG in 2003 after working in the third sector, and was appointed a Partner in 2008. Jos Luis advises major companies on incorporating the risks and opportunities of environmental and social megatrends into their corporate strategies. He plays an act

21、ive role in many well-known sustainability initiatives and organizations including the GRI, International Integrated Reporting Council (IIRC), World Business Council for Sustainable Development (WBCSD) and the United Nations Environment Programme (UNEP). Adrian King KPMG Global Sustainability Report

22、ing the benefits will come once CR objectives and practices are fully embedded in the business, which reporting can demonstrate but cannot achieve on its own. Although we welcome the flexibility that the Directive allows governments in driving the adoption of CR reporting, we believe we should be mo

23、ving towards an international framework that would both streamline the process for new reporters and also increase consistency between reports. In the meantime, it is crucial for businesses to focus their reporting on the CR issues of prime importance to them and their stakeholders, and ensure these

24、 issues are considered at the top level of management. This includes the identification of the key risks and strategies to minimize these risks, and to maximize opportunities. This, in turn, will lead to better returns for investors. We are already seeing a strong correlation of increased returns fo

25、r investors from companies that truly embrace CR issues and the EU Directive should result in an increase in reporting that further demonstrates this link. Once investors are convinced of the benefits of embedding reporting into the organization at all levels then we will see a further surge in CR r

26、eporting. EDGE OF PAGE MARGIN CROP MARKS MARGIN EDGE OF PAGE MARGIN CROP MARKS MARGIN EDGE OF PAGE MARGIN CROP MARKS MARGIN EDGE OF PAGE MARGIN CROP MARKS MARGIN 2017 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affi

27、liated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved

28、. | 2017 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any

29、 other member firm third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. | Ricardo Zibas Director, Sustainability Services, KPMG in Brazil The view from Latin America A number of factors are driving CR reporting in Latin America.

30、 Firstly, the region is rich in natural resources and companies need a social license-to-operate in order to access these resources. Many such companies build infrastructure like hospitals and schools in order to enhance their relationships with local communities and this in turn has led to a cultur

31、e of CR reporting as companies seek to demonstrate their contributions to society. Secondly, Latin American companies can face high non-tariff trade barriers on exports such as demands from foreign governments and consumers for environmental or human rights certification and, increasingly, fair trad

32、e certification. Reporting helps to overcome such barriers. Thirdly, CR reporting in Latin America has increased as companies attempt to retain or regain public trust in the wake of high profile corporate scandals, such as the Samarco dam collapse in 2015 the worst environmental disaster in Brazilia

33、n history. These trends are combining with new developments in government regulation, stock exchange requirements and stakeholder pressure to drive high levels of reporting. In order to achieve even higher levels across the region in the next few years, more mandatory and properly-enforced governmen

34、t or industry regulation will be needed. Given recent trends, I expect this to take place. CR reporting rates: North America vs Latin America 84% 74% 88% 81% 65 70 75 80 85 90 North America Latin America 20152017 Base:700 N100 companies in the Americas Source:KPMG Survey of Corporate Responsibility

35、Reporting 2017 EDGE OF PAGE MARGIN CROP MARKS MARGIN EDGE OF PAGE MARGIN CROP MARKS MARGIN EDGE OF PAGE MARGIN CROP MARKS MARGIN EDGE OF PAGE MARGIN CROP MARKS MARGIN 2017 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are

36、 affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights res

37、erved. | 2017 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International o

38、r any other member firm third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved. | Gheorghita Diaconu Director, Sustainability Services, KPMG in Romania The view from Eastern Europe Many businesses in Eastern Europe are still focuse

39、d on the financial bottom line rather than the triple bottom line - its fair to say that a culture of sustainability is yet to properly take hold across the region. In Romania specifically, much of the 6 percentage point reporting growth observed since 2015 has come as a result of a commitment to tr

40、ansparency by multinationals that operate in the country. The EU Directive on Non-Financial Reporting was transposed into Romanian law last year. Despite this, many companies in Romania and across Eastern Europe are still just beginning to understand the topic and build their capacity to respond. Ho

41、wever, I expect to see steady growth in CR reporting in Eastern Europe over the next few years and improving quality as regulatory requirements, market pressure and increasing awareness take effect. CR reporting rates: Western Europe vs Eastern Europe 79% 61% 82% 65% 0 10 20 30 40 50 60 70 80 90 Wes

42、tern Europe Eastern Europe 20152017 3 Base:2,400 N100 companies in Europe Source:KPMG Survey of Corporate Responsibility Reporting 2017 3 The underlying trend of 82 percent applies when looking at the same sample of countries in 2015 and 2017. The overall Western Europe rate in 2017 is 75 percent du

43、e to the inclusion of 3 new countries with relatively low reporting rates in the 2017 research. EDGE OF PAGE MARGIN CROP MARKS MARGIN EDGE OF PAGE MARGIN CROP MARKS MARGIN EDGE OF PAGE MARGIN CROP MARKS MARGIN EDGE OF PAGE MARGIN CROP MARKS MARGIN 2017 KPMG International Cooperative (“KPMG Internati

44、onal”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm third parties, nor does KPMG Internat

45、ional have any such authority to obligate or bind any member firm. All rights reserved. | Regulation, stock exchanges and investor pressure drive national reporting rates Greatest growth seen in Mexico, New Zealand and Taiwan Governments, regulators and stock exchanges continue to play a key role in

46、 driving up CR reporting rates around the world. In the three countries which have experienced the greatest increases in reporting since 2015 - Mexico (+32 percentage points), New Zealand (+17 percentage points) and Taiwan (+11 percentage points) - a mix of new regulation, stock exchange requirement

47、s and investor pressure have been instrumental in increasing reporting. There has also been strong growth in CR reporting across a number of EU countries. Finland, Ireland, Greece and the Czech Republic have all recorded increases of 8 percentage points between 2015 and 2017. While the full effect o

48、f the EU Non-Financial Reporting Directive is not expected to be felt for another two years or so, it is possible that awareness of the Directive has helped to boost reporting rates in some EU countries. Under the Directive, companies that do not disclose their social, environmental and Board divers

49、ity policies can be named publicly. This risk of reputational damage may already have convinced some non-reporters to start reporting with more expected to follow suit. CR reporting has also increased by 8 percentage points in the United Arab Emirates (UAE) since 2015. National rates of CR reporting, 2015 and 2017 Countries with CR reporting rate higher than 90% 98%99% 20152017 UK 97%99% 20152017 Japan 100%99% 20152017 India 99%97% 20152017 Malaysia 97%94% 20152017 France 94%94% 20152017 Denmark 95%92% 20152017 South Africa 87%92% 20152017 US 58%