It seems there is a gap between what Australian companies publicly state they are doing with the United Nations Sustainable Development Goals and what they are actually doing. Our research found that companies are still not meaningfully disclosing the way these goals are measured and reporting their contributions.
These UN goals show business how they can contribute to solving the world’s biggest sustainable development challenges.
There’s a difference between a company having a commitment to support the sustainable development goals and actually being able to effectively demonstrate something is being done. That difference is measurement. Without an effective measuring system companies cannot back up claims, which reduces the credibility and reliability of the information.
Our research explored the extent to which the top Australian Securities Exchange companies (ASX top 20) are disclosing and incorporating the sustainable development goals into their business strategies and reporting processes.
