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New Zealand companies need to keep up with global peers on sustainability disclosure - report

Photo: 123RF The latest survey done by the business advisory firm KPMG shows this year, 74 percent of New Zealand entities reported on environmental, social and governance information, up from 69 percent in 2017. However, the growth of other countries has been faster - for instance Australia upped its proportion by 15 points to 92 percent. The percentage of New Zealand organisations, which had their reporting independently audited, increased from 7 to 28 percent but that was well-down on the global average of 50 percent. Partner at KPMG Simon Wilkins said it was in the interests of companies to report on such issues. It speaks to an organisation s ability to respond to the environmental and social challenges that lie ahead. and ultimately will speak to long-term value.

CSRWire - What Do Companies With Improved Financial Results Have in Common in Terms of ESG Practices and Frameworks?

What Do Companies With Improved Financial Results Have in Common in Terms of ESG Practices and Frameworks? What Do Companies With Improved Financial Results Have in Common in Terms of ESG Practices and Frameworks? CSE Research explores why doing business as usual is no longer a valid option and the shift to doing business in a sustainable way is the only way to secure companies’ trust and financing. Published 12-16-20 CHICAGO, December 16, 2020 /CSRwire/ -  The   (CSE) announces its fourth consecutive 2020 Annual Research into ESG Ratings and Sustainability Reporting Trends in North America, focusing in common ESG practices and frameworks used by companies and organizations with improved financial results (e.g Annual Revenues increase). The analysis of the companies with the highest ESG scores shows strong evidence that ESG Reporting and Strategies with ambitious goals together with the use of appropriate frameworks have a very positive impact on financial performanc

Sustainability reporting increases in top UAE companies amid new mandates

Sustainability reporting increases in top UAE companies amid new mandates 0 Comments Get daily business news from the region delivered straight to your inbox I agree to the terms and conditions SIGN UP Increase attributed to greater commitment to national green initiatives December 16, 2020 Corporate sustainability reporting has increased from 44 per cent in 2017 to 51 per cent in 2020 among the top 100 UAE companies, a new report by KPMG reveals. The increase has been driven by a greater commitment to national initiatives and efforts to gain stakeholder confidence by proactively communicating ESG performance, according to the KPMG UAE Survey of Sustainability Reporting 2020. The UAE is striving to establish itself as a global sustainability leader, reflected in national agendas and charters, such as Vision 2021, UAE Energy Strategy 2050, UAE Green Agenda 2015-2030 and the National Innovation Strategy. Since KPMG’s last survey in 2017, there has been a push for

Dangote wins multiple awards at SERAs 2020

Dangote Industries Limited shone as its subsidiaries clinched several awards at the just-concluded 14th edition of the Sustainability, Entrepreneurship and Responsibility Awards (SERAs). Dangote Cement Plc won four major awards, including: ‘Best Company in Sustainability Reporting’, ‘Best Company in Stakeholder Engagement’ and ‘Overall Winner – Africa’ (First Runner Up).  Dangote Sugar Refinery (DSR), which was participating in the SERAS for the first time, won ‘Best Company in Poverty Eradication’ while Dangote’s Head of Sustainability, Eunice Sampson, emerged the ‘CSR/Sustainability Professional of the Year’. x The SERAs is Africa’s leading Sustainability and CSR Award. Since inception in 2007, and up till 2019, the award has attracted over 1,242 participants from over 300 organisations. In the 2020 edition, 98 institutions participated from seven African countries, including Kenya, Tanzania and South Africa.

Malaysia among global leaders in sustainability reporting — KPMG survey

Malaysia among global leaders in sustainability reporting KPMG survey The Edge 15/12/2020 Hamsaveni Visuvaseven © Provided by The Edge PETALING JAYA (Dec 15): Ninety-nine of the top 100 companies in Malaysia publish sustainability reports, just behind Japan (100) and ahead of other regional peers such as India (98), Taiwan (93), and Australia (92), according to the findings of a survey by KPMG. The audit, tax and advisory services firm s International Survey of Sustainability Reporting 2020 also found that 97 of the top 100 companies in Malaysia included sustainability information in their annual reports. “While Malaysia’s high inclusion rate of sustainability data in annual reporting is driven by Bursa Malaysia, we see this active participation from Malaysian top companies to be an encouraging sign, which sets the tone and example for other jurisdictions to follow, said Kasturi Nathan, Head of Governance and Sustainability at KPMG in Malaysia, in a

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