The Sustainable Development Goals (SDGs) have broken into the mainstream of business reporting: 72 per cent now mention the goals in their annual corporate or sustainability report, while 50 per cent of companies have identified priority SDGs. So finds SDG Reporting Challenge 2018, published by multinational professional services network PwC in November last year.
Yet, although the SDGs are mentioned in reports, putting the SDGs in the heart of business strategy continues to be a challenge for business, with 5only 19 per cent of companies mentioning the Goals in CEO or Chair statements. Furthermore, the quality of reporting has a long way to go: the average score for reporting quality for those companies that had prioritised SDGs was 2.71 out of five, and only 23 per cent of companies disclosed meaningful key performance indicators and targets related to the SDGs.
To find out more, visit the report's homepage.