Our world faces unprecedented challenges in the form of the climate emergency, nature crisis and mounting inequality. Global progress on tackling these issues remains off track and we are fast approaching crucial tipping points. The pandemic focused the spotlight on how interconnected our environment and social systems are – and how vulnerable our economies can be in the face of uncertainty and change. The time is ripe to develop and implement a shared vision for the decade ahead to the drive the progress that is urgently needed.
Corporate reporting plays a key role in shaping and communicating the contribution of business – allowing companies to explain how they fit into the operating context and showcase their vision, strategy commitments and targets. These reports provide stakeholders with decision-useful information about how ambitious a company is, how resilient they may be in the future, and what progress they are making to support the transition to a more resilient and inclusive economy.
This year, Reporting matters focuses on the future – linking reporting to WBCSD’s updated membership criteria and our longer-term Vision 2050 outlook.