The KPMG Survey of Corporate Responsibility Reporting | KPMG | BE

The KPMG Survey of Corporate Responsibility Reporting 2017

The KPMG Survey of Corporate Responsibility Reporting

KPMG’s Survey of Corporate Responsibility (CR) Reporting has been monitoring developments in the field of CR and sustainability reporting since 1993. For this report, now in its 10th edition, KPMG member firm professionals analyzed the annual financial reports, corporate responsibility reports, and websites of 4,900 companies in 49 countries, making it our most extensive survey ever.

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KPMG in Belgium

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The KPMG Survey of Corporate Responsibility Reporting 2017

This year the survey spotlights four major emerging trends within CR reporting:

  • Reporting on the financial risks associated with climate change
  • Reporting on the Sustainable Development Goals (SDGs)
  • Reporting of corporate human rights performance
  • Reporting on science-based carbon reduction targets

Download the report below to read the findings in full and use our interactive tool to see how companies in your country are reporting.

Key findings of the Survey for Belgium include:

  • KPMG's figures show that only 62% of the 100 largest Belgian companies (N100) currently report on CR, a mere 3% improvement over 2015 (59%). The European and worldwide averages clock in much higher at 77% and 75% for the N100, while the reporting percentage for the 250 largest companies worldwide (G250) even reaches 93%.
  • Only 16% of the Belgian N100 companies consider climate change a financial risk to their business. The figure worldwide is quite a bit higher: for the N100, the average is approaching 28%. For the G250, it is at 48%.
  • Half of the Belgian N100 companies that issue CR reports now voluntarily tie their CR activities and targets to the SDGs. This is where the Belgian companies score quite a bit better than the worldwide average for the N100 (39%) and, indeed, better than that for the G250 (43%).
  • Worldwide, 73% of companies report on human rights. The percentage for the G250 is at 90%. But barely 50% of the Belgian N100 currently include human rights in their CR reporting.
  • 52% of the Belgian N100 companies report targets to cut their carbon emissions. Yet, most of these firms do not relate their own targets to the climate goals being set by national governments, regional authorities or the UN.
  • Only 37% of the Belgian N100 companies allow an external party to verify their non-financial data or their sustainability reporting. The 37% mentioned here is again significantly lower than the worldwide N100 average of 45% or the 67% percentage for the G250.

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