NAVIGATING THE REPORTING LANDSCAPE
While business performance has historically been measured in financial terms, over the past two decades reporting requirements have been changing rapidly. Societal awareness of environmental and social issues is increasing and, as a result, stakeholders are demanding a wider range of information with a clear global trend towards mandatory sustainability reporting.
There are currently 614 sustainability reporting requirements across 84 countries and 25 Exchanges (covering 16,456 companies) require ESG reporting as a listing rule. Organizations are therefore relying on the knowledge, skills and processes of finance professionals and accountants, to get ahead of corporate reporting trends.
“With a clear global trend towards mandatory sustainability reporting, the expectations of finance professionals are changing. A4S and its ABN Network have produced guidance to help accountants navigate the rapidly changing corporate reporting landscape, and make sustainable business, business as usual.” Jessica Fries, Executive Chairman, A4S