Towards Transparency 2018 – Corporate Reporting on sustainability is now mainstream
More than three-quarters of the value of the New Zealand Stock Exchange (NZX) is reporting on sustainability, according to Towards Transparency 2018 report. The report is a clear signal that corporate reporting on sustainability has now become mainstream in New Zealand. Towards Transparency was produced by sustainability consultancy Proxima and was based on a review of all sustainability and integrated reports released in New Zealand for the year ending August 31, 2018.
Key findings from the report include:
- The 34 NZX listed companies reporting on sustainability account for over 75% of the total market capitalisation of the NZX
- Over 70% of sustainability reporters used an internationally-recognised reporting framework such as GRI or <IR>
- More than 75% of sustainability reporters disclose how they determined the material topics to include in their reporting.
Download a copy of the Towards Transparency 2018 report.